What is Zacks Research’s Forecast for TopBuild Q1 Earnings?

TopBuild Corp. (NYSE:BLD) – Equities research analysts at Zacks Research upped their Q1 2026 earnings estimates for shares of TopBuild in a report issued on Thursday, March 12th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $3.62 per share for the quarter, up from their previous estimate of $3.38. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share. Zacks Research also issued estimates for TopBuild’s Q2 2026 earnings at $4.76 EPS, Q3 2026 earnings at $5.37 EPS, FY2026 earnings at $18.09 EPS, Q1 2027 earnings at $4.32 EPS, Q2 2027 earnings at $5.14 EPS, Q3 2027 earnings at $5.39 EPS and FY2028 earnings at $22.10 EPS.

TopBuild (NYSE:BLD) last issued its earnings results on Thursday, February 26th. The construction company reported $4.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.39 by $0.11. TopBuild had a net margin of 9.65% and a return on equity of 25.66%. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the company posted $5.13 earnings per share. TopBuild’s revenue was up 13.2% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada lifted their price target on TopBuild from $410.00 to $433.00 and gave the company a “sector perform” rating in a report on Friday, February 27th. Wells Fargo & Company lowered their target price on TopBuild from $600.00 to $525.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Benchmark cut their target price on TopBuild from $515.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Weiss Ratings lowered TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Finally, Jefferies Financial Group increased their price target on TopBuild from $518.00 to $536.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $439.26.

TopBuild Price Performance

Shares of NYSE BLD opened at $365.69 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.94 and a quick ratio of 1.34. The firm has a market capitalization of $10.29 billion, a PE ratio of 19.98, a P/E/G ratio of 4.66 and a beta of 1.72. TopBuild has a 1-year low of $266.26 and a 1-year high of $559.47. The business’s fifty day moving average price is $475.40 and its two-hundred day moving average price is $442.43.

Hedge Funds Weigh In On TopBuild

A number of institutional investors have recently bought and sold shares of the stock. Inscription Capital LLC lifted its stake in shares of TopBuild by 104.6% during the third quarter. Inscription Capital LLC now owns 2,949 shares of the construction company’s stock valued at $1,153,000 after acquiring an additional 1,508 shares during the period. Calamos Advisors LLC acquired a new stake in TopBuild in the third quarter worth about $997,000. WCM Investment Management LLC acquired a new stake in TopBuild in the third quarter worth about $17,734,000. Campbell & CO Investment Adviser LLC raised its holdings in TopBuild by 697.8% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 7,906 shares of the construction company’s stock worth $3,090,000 after purchasing an additional 6,915 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc raised its holdings in TopBuild by 244.2% during the 3rd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 93,870 shares of the construction company’s stock worth $36,698,000 after purchasing an additional 66,601 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

About TopBuild

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.