Installed Building Products (NYSE:IBP – Free Report) had its target price lifted by Royal Bank Of Canada from $203.00 to $255.00 in a research report released on Friday morning,Benzinga reports. They currently have an underperform rating on the construction company’s stock.
IBP has been the topic of several other reports. Zacks Research downgraded shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Jefferies Financial Group raised their price target on Installed Building Products from $230.00 to $259.00 and gave the company a “hold” rating in a report on Monday, December 15th. Benchmark lowered Installed Building Products from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Weiss Ratings upgraded Installed Building Products from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Finally, Wells Fargo & Company lowered their price target on Installed Building Products from $355.00 to $340.00 and set an “equal weight” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $249.75.
Read Our Latest Stock Analysis on IBP
Installed Building Products Stock Performance
Installed Building Products (NYSE:IBP – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $3.24 EPS for the quarter, topping the consensus estimate of $2.83 by $0.41. Installed Building Products had a return on equity of 44.40% and a net margin of 8.93%.The firm had revenue of $747.50 million for the quarter, compared to the consensus estimate of $738.97 million. During the same quarter last year, the company earned $2.88 earnings per share. The business’s revenue for the quarter was down .4% compared to the same quarter last year. Sell-side analysts forecast that Installed Building Products will post 10.66 earnings per share for the current fiscal year.
Installed Building Products Dividend Announcement
The firm also recently announced a special dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $1.80 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a dividend yield of 56.0%. Installed Building Products’s dividend payout ratio (DPR) is 15.93%.
Hedge Funds Weigh In On Installed Building Products
Several institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Installed Building Products by 3.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,130 shares of the construction company’s stock worth $2,423,000 after buying an additional 486 shares during the last quarter. United Services Automobile Association bought a new position in shares of Installed Building Products in the 1st quarter valued at about $263,000. Jane Street Group LLC grew its position in Installed Building Products by 270.0% in the first quarter. Jane Street Group LLC now owns 17,192 shares of the construction company’s stock worth $2,948,000 after acquiring an additional 12,545 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Installed Building Products by 7.2% in the second quarter. Envestnet Asset Management Inc. now owns 113,363 shares of the construction company’s stock worth $20,442,000 after acquiring an additional 7,634 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Installed Building Products by 2.0% during the second quarter. Teacher Retirement System of Texas now owns 3,568 shares of the construction company’s stock worth $643,000 after acquiring an additional 70 shares during the last quarter. Institutional investors own 99.61% of the company’s stock.
Key Headlines Impacting Installed Building Products
Here are the key news stories impacting Installed Building Products this week:
- Positive Sentiment: Q4 earnings and revenue beat expectations: IBP reported $3.24 EPS vs. consensus ~$2.83 and revenue of $747.5M (slightly down y/y), with the company saying it delivered record fourth‑quarter and FY2025 profitability — a core reason investors are buying the stock. Business Wire — IBP Q4 Results
- Positive Sentiment: Company announced a special cash dividend of $1.80 per share (ex‑dividend/record date reported as March 13; pay date March 31), representing an outsized yield headline that can attract income-focused buyers and help explain intraday strength.
- Positive Sentiment: Market commentary and headlines highlighting the beat and “stock soars” narrative amplified the move; several outlets ran summaries and call transcripts that increased investor attention. Yahoo Finance — Stock Soars
- Neutral Sentiment: Analyst actions are mixed: Wells Fargo trimmed its target from $355 to $340 but kept an “equal weight” rating (small upside vs. the current price), while Vertical Research upgraded IBP from “sell” to “hold” with a $326 target — both are essentially neutral to only mildly supportive. Benzinga / Finviz — Analyst Notes
- Negative Sentiment: Royal Bank of Canada raised its price target to $255 but maintained an “underperform” rating — that $255 PT implies material downside vs. the current price and introduces a meaningful bearish signal that could cap upside or prompt profit‑taking. Benzinga — RBC Note
About Installed Building Products
Installed Building Products, Inc (NYSE: IBP) is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.
Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.
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