Installed Building Products, Inc. Common Stock (IBP)
198.84
-7.38 (-3.58%)
Installed Building Products is a leading installer of insulation and other building materials for residential and commercial construction projects
The company specializes in providing a comprehensive range of products and services, including insulation installation, gutter and garage door services, as well as a variety of specialty building products. With a strong emphasis on quality and customer satisfaction, Installed Building Products caters to both new construction and renovation markets, helping to enhance energy efficiency and overall performance of buildings. Their extensive network of branches across the United States enables them to serve a diverse clientele, from homeowners and contractors to large-scale developers.
Looking back on home builders stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including LGI Homes (NASDAQLGIH) and its peers.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Capital Insulation, LLC and CBS & Mirror, LLC (collectively “Capital”). Capital is located in Houston, Texas and serves the single-family, multifamily, and commercial end markets. Capital focuses on installation opportunities in new construction projects and primarily installs fiberglass and spray foam insulation.
Since June 2024, Installed Building Products has been in a holding pattern, floating around $213.44. The stock also fell short of the S&P 500’s 13.5% gain during that period.
Installed Building Products, Inc. (the “Company”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced that the Company successfully repriced its $500 million term loan (the “Term Loan”). Also, during the month of November, IBP repurchased 250 thousand shares of its common stock at a total cost of approximately $52 million, including commissions. To date in 2024, the Company has repurchased 565 thousand shares for $118 million with approximately $182 million remaining under the current authorization, expiring March 1, 2025.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the home builders industry, including Taylor Morrison Home (NYSETMHC) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the home builders industry, including Installed Building Products (NYSEIBP) and its peers.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, announced today the release of the Company’s 2024 Environmental, Social and Governance (“ESG”) report, which highlights important milestones the Company achieved during the past year, as well as the Company’s ongoing ESG policies and commitment to the environment, its employees, and its communities by promoting a more sustainable and equitable future.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Tatum Insulation III, LLC (“Tatum”). Tatum is headquartered just outside of Wilmington, North Carolina, and serves new residential and new commercial end markets throughout the state. Tatum installs multiple building products including fiberglass insulation, shower doors, shelving, mirrors, and other products installed in the interior of homes and buildings.
Building products installation services company Installed Building Products (NYSEIBP) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 7.7% year on year to $760.6 million. Its non-GAAP profit of $2.85 per share was 4.4% below analysts’ consensus estimates.
Installed Building Products, Inc. (the "Company" or "IBP") (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced results for the third quarter ended September 30, 2024.
Building products installation services company Installed Building Products (NYSEIBP)
will be reporting results tomorrow morning. Here’s what investors should know.
Installed Building Products, Inc. (the “Company”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, announced today that the Company will release its third quarter 2024 financial results on November 7, 2024. A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company’s results.
Milton's impact on Florida housing market: $1.7-2.5B hit, delays in construction & closings. Major builders like PulteGroup, Lennar, D.R. Horton have significant exposure in affected regions.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Wholesale Insulation Supply, Inc. doing business as Insulation Supplies.
Homebuilder stocks have rallied this year in anticipation of a rate cut; now that the Fed has initiated its first trim, a few firms stand out from the pack.
Advanced Fiber Technology (AFT), an Installed Building Product’s (IBP) (NYSEIBP) company, has opened the second line of its manufacturing plant in Bucyrus, Ohio. This expansion will increase the production of high-performance, reliable Carbon-Smart™ Loose-Fill Cellulose Insulation and support local economic growth.
Installed Building Products, Inc. (the "Company" or "IBP") (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced results for the second quarter ended June 30, 2024.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Euroview Enterprises, LLC, Contract Mirror and Supply Co., and CLM Solutions, LLC (collectively “Euroview”). Established in 1961, Euroview is headquartered in Elk Grove Village, Illinois, with an additional location in Burnsville, Minnesota. Euroview focuses on new single-family and multi-family construction projects throughout Illinois and Minnesota with a separate, smaller entity that focuses on commercial projects. Shower doors, shelving, and mirrors make up the vast majority of Euroview’s revenue.
Homebuilder stocks surged to record highs on Friday, driven by a positive inflation report that cemented expectations for interest rate cuts in September.
Installed Building Products, Inc. (the “Company”) (NYSEIBP), an industry-leading installer of insulation and complementary building products, announced today that the Company will release its second quarter 2024 financial results on August 1, 2024. A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company’s results.
