<div id="readability-page-1"><p>Shares of Installed Building Products, Inc. (NYSE:IBP - Get Free Report) have been assigned a consensus rating of &#34;Hold&#34; from the sixteen ratings firms that are  covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, nine have assigned  a hold rating, three have assigned  a buy rating and one  has assigned  a strong buy rating to  the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $222.80.</p><ul><li>Top 3 Homebuilder Stocks to Watch as Rates Drop</li></ul><p>Several brokerages have issued reports on IBP. Vertical Research started coverage on shares of Installed Building Products in a research note on Monday, October 20th. They issued a &#34;sell&#34; rating for the company. Royal Bank Of Canada increased their price target on Installed Building Products from $184.00 to $203.00 and gave the stock an &#34;underperform&#34; rating in a report on Thursday, November 6th. Wall Street Zen raised Installed Building Products from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Monday, November 10th. Zacks Research raised Installed Building Products from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, November 28th. Finally, DA Davidson lowered Installed Building Products from a &#34;buy&#34; rating to a &#34;hold&#34; rating and increased their target price for the stock from $225.00 to $252.00 in a research note on Tuesday, August 12th.</p><p><b>Get Our Latest Stock Analysis on IBP</b></p><h2>Insider Transactions at Installed Building Products</h2><ul><li>3 Midcap Building Industry Stocks Constructing Good Price Action</li></ul><p>In related news, insider William Jeffrey Hire sold 5,000 shares of the business's stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $251.63, for a total value of $1,258,150.00. Following the completion of the sale, the insider owned 32,999 shares in the company, valued at approximately $8,303,538.37. The trade was a 13.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, Director Michael H. Thomas sold 2,001 shares of the stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $268.28, for a total value of $536,828.28. Following the completion of the transaction, the director directly owned 8,373 shares in the company, valued at approximately $2,246,308.44. This trade represents a 19.29% decrease in their position. The SEC filing for this sale provides additional information. 16.20% of the stock is owned by corporate insiders. </p><h2>Institutional Investors Weigh In On Installed Building Products</h2><p>Several hedge funds have recently made changes to their positions in the company. Eminence Capital LP purchased a new stake in  Installed Building Products during the first quarter valued at approximately $109,114,000.  Timucuan Asset Management Inc. FL purchased a new stake in shares of  Installed Building Products during the 1st quarter valued at $85,786,000.  TD Asset Management Inc boosted its position in shares of  Installed Building Products by 2,169.2% in the 3rd quarter. TD Asset Management Inc now owns 271,938 shares of the construction company's stock worth $67,076,000 after purchasing an additional 259,954 shares in the last quarter.  UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of  Installed Building Products by 190.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 302,292 shares of the construction company's stock worth $51,831,000 after purchasing an additional 198,391 shares in the last quarter.  Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in  Installed Building Products by 1,897.8% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 177,800 shares of the construction company's stock worth $32,061,000 after buying an additional 168,900 shares during the last quarter. 99.61% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Installed Building Products Stock Down 0.6%</h2><p>NYSE IBP opened at $265.97 on Wednesday. The company has a quick ratio of 2.28, a current ratio of 2.78 and a debt-to-equity ratio of 1.25. Installed Building Products has a 52 week low of $150.83 and a 52 week high of $280.00. The firm has a market capitalization of $7.21 billion, a price-to-earnings ratio of 28.63, a PEG ratio of 4.92 and a beta of 1.90. The company has a fifty day moving average of $255.94 and a two-hundred day moving average of $231.14. </p><p>Installed Building Products (NYSE:IBP - Get Free Report) last announced its earnings results on Wednesday, November 5th. The construction company reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.49. Installed Building Products had a net margin of 8.60% and a return on equity of 62.74%. The business had revenue of $778.20 million for the quarter, compared to the consensus estimate of $751.98 million. During the same quarter in the prior year, the firm posted $2.85 earnings per share. The business's revenue for the quarter was up 2.3% on a year-over-year basis.  On average, analysts predict that  Installed Building Products will post 10.66 earnings per share for the current year. </p><h2>Installed Building Products Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, December 15th. This represents a $1.48 dividend on an annualized basis and a yield of 0.6%. Installed Building Products's dividend payout ratio (DPR) is presently 15.93%. </p><h2>Installed Building Products Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Installed Building Products</li><li>How to Invest in the FAANG Stocks</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>How to Invest in Insurance Companies: A Guide </li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>What Are Trending Stocks? Trending Stocks Explained</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlCUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlCUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Installed Building Products Right Now?</h2><p>Before you consider Installed Building Products, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Installed Building Products wasn't on the list.</p><p>While Installed Building Products currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Installed Building Products, Inc. (NYSE:IBP) has been given a consensus "Hold" rating by sixteen brokerages. Analysts have varied opinions, with some rating it as "sell" and others as "buy" or "strong buy." The average 12-month price target is $222.80. Recent insider transactions include significant stock sales by insiders, while institutional investors have increased their positions. The stock is currently trading at $265.97, with a market cap of $7.21 billion.</p>

Installed Building Products, Inc. (NYSE:IBP) Given Average Rating of "Hold" by Brokerages