Installed Building Products, Inc. Stock News

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), 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 marke...

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), 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 approxim...

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), 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 on...

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), 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...

Installed Building Products, Inc. (NYSE:IBP ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Darren Hicks - MD-IR Jeffrey Edwards - Chairman and CEO Michael Miller - CFO Conference Call Participants Stephen Kim - Evercore ISI Susan Maklari - Goldman Sachs Michael Rehaut - JPMorgan Chase & Co Adam Baumgarten - Zelman & Associates Margaret Grady - Jefferies Tre...

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights (Comparisons are to Prior Year Period) Net revenue increased 7.7% to an all-time record of $760.6 million Ins...

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), 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 re...

Installed Building Products' stock price jumped 145% last year but has been stuck in a sideways pattern since March 2024, with more institutional investors turning cautious. The company relies heavily on new single-family home construction, which grew strongly in late 2023 and early 2024, driving solid revenue and profit increases. Valuation looks high but reasonable compared to competitors, es...