IBP News and Press, Installed Building Products Inc. From 04/20/22

Market volatility exposes stocks that are performing poorly, and we want to share five stocks which we believe will continue their downward trend on the basis of poor fundamentals. Equities generally perform poorly in rising rate environments, and as recession fears prompt investors t...

Installed Building Products (NYSE:IBP) has acquired Central Aluminum Supply and Central Aluminum Supply of North Jersey (CAS); terms of the deal were not disclosed. Headquartered in Trenton, New Jersey, CAS distributes gutter supplies and accessories to residential, multifamily and commercial...

Acquisition Adds Approximately $45 Million of Annual Revenue Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition o...

Armstrong World Industries (AWI): Outperform, $120 PT implies 30.7% upside. JELD-WEN (JELD): Outperform, $24 PT implies 19.7% upside. AZEK (AZEK): Outperform, $29 PT implies 18.9% upside. Hayward (HAYW): Outperform, $21 PT implies 20.9% upside. Fortune Brands Home &am...

Installed Building Products is an asset-light business with a proven ability to grow in various market environments. Several industry tailwinds will benefit the company for the foreseeable future. Significant optionality remains for IBP to grow both inside of insulation and outsid...

BAMCO’s 13F portfolio value increased from $44.15B to $47.14B this quarter. Ron Baron increased Taiwan Semi, Iridium Communications, and Spotify while dropping Zillow Group. Their top five positions are at ~27% of the overall portfolio. For further details see: Tr...

Top gainers for the week ending March 25 did not see extravagant gains like last week, while building products related stocks formed the majority of the worst five decliners. S&P 500 closed north of its 200-day moving average and now hinges at its 100-day moving average, slightly above th...

Installed Building Products (NYSE:IBP) declares $0.315/share quarterly dividend, 5% increase from prior dividend of $0.300. Forward yield 1.28% Payable March 31; for shareholders of record March 15; ex-div March 14. The company also declared annual variable cash dividend of $0.90 per share pa...

Installed Building Products (NYSE:IBP) has acquired Mills River, North Carolina-based Pisgah Insulation and Fireplaces. Financial terms of the deal were not disclosed. Established in 2001, Pisgah primarily installs spray foam insulation, fiberglass insulation, and fireplaces into new resident...

Acquisition Adds Approximately $8.5 Million of Annual Revenue Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition ...