DA Davidson Has Bearish Forecast for IBP FY2025 Earnings

Installed Building Products, Inc. (NYSE:IBP) – Equities researchers at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of Installed Building Products in a report released on Friday, May 9th. DA Davidson analyst K. Yinger now anticipates that the construction company will post earnings of $9.40 per share for the year, down from their previous forecast of $10.09. DA Davidson currently has a “Buy” rating and a $225.00 price target on the stock. The consensus estimate for Installed Building Products’ current full-year earnings is $10.66 per share. DA Davidson also issued estimates for Installed Building Products’ FY2026 earnings at $11.15 EPS.

Installed Building Products (NYSE:IBP) last issued its quarterly earnings data on Thursday, May 8th. The construction company reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.15). The company had revenue of $684.80 million during the quarter, compared to analysts’ expectations of $681.34 million. Installed Building Products had a net margin of 8.74% and a return on equity of 43.56%. The firm’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.47 earnings per share.

A number of other equities research analysts also recently commented on the stock. Truist Financial lowered their price target on shares of Installed Building Products from $240.00 to $180.00 and set a “hold” rating for the company in a report on Monday, March 3rd. StockNews.com lowered shares of Installed Building Products from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Benchmark cut their price target on Installed Building Products from $210.00 to $185.00 and set a “buy” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft assumed coverage on Installed Building Products in a research note on Tuesday, April 1st. They set a “hold” rating and a $183.00 price target on the stock. Finally, The Goldman Sachs Group decreased their price objective on Installed Building Products from $262.00 to $228.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Installed Building Products presently has an average rating of “Hold” and a consensus price target of $213.82.

Installed Building Products Trading Down 0.9%

Installed Building Products stock opened at $161.20 on Monday. The stock has a 50-day moving average price of $168.82 and a 200 day moving average price of $186.41. Installed Building Products has a 52 week low of $151.27 and a 52 week high of $281.04. The stock has a market cap of $4.45 billion, a PE ratio of 17.91 and a beta of 1.85. The company has a current ratio of 2.99, a quick ratio of 2.50 and a debt-to-equity ratio of 1.18.

Installed Building Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Friday, June 13th. Installed Building Products’s dividend payout ratio (DPR) is currently 16.88%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Curio Wealth LLC purchased a new position in shares of Installed Building Products in the 4th quarter worth about $30,000. UMB Bank n.a. increased its position in Installed Building Products by 142.1% during the 1st quarter. UMB Bank n.a. now owns 184 shares of the construction company’s stock worth $32,000 after purchasing an additional 108 shares in the last quarter. Fifth Third Bancorp raised its holdings in Installed Building Products by 74.6% in the first quarter. Fifth Third Bancorp now owns 227 shares of the construction company’s stock valued at $39,000 after buying an additional 97 shares during the period. McIlrath & Eck LLC lifted its position in Installed Building Products by 32.3% during the fourth quarter. McIlrath & Eck LLC now owns 250 shares of the construction company’s stock valued at $44,000 after buying an additional 61 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Installed Building Products by 295.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 364 shares of the construction company’s stock valued at $64,000 after buying an additional 272 shares in the last quarter. Institutional investors and hedge funds own 99.61% of the company’s stock.

Installed Building Products Company Profile

Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments.