Installed Building Products, Inc. (NYSE:IBP) Declares Quarterly Dividend of $0.39

Installed Building Products, Inc. (NYSE:IBP) declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.39 per share by the construction company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Installed Building Products has a dividend payout ratio of 15.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Installed Building Products to earn $10.69 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 14.6%.

Installed Building Products Trading Up 0.1%

NYSE IBP opened at $241.83 on Friday. The firm’s 50-day moving average is $220.32 and its two-hundred day moving average is $261.05. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.35 and a quick ratio of 2.76. Installed Building Products has a 12 month low of $193.11 and a 12 month high of $349.00. The stock has a market capitalization of $6.52 billion, a P/E ratio of 25.78, a PEG ratio of 5.79 and a beta of 1.70.

Installed Building Products (NYSE:IBP) last posted its earnings results on Thursday, August 6th. The construction company reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.36. The firm had revenue of $777.80 million for the quarter, compared to analyst estimates of $743.33 million. Installed Building Products had a return on equity of 42.28% and a net margin of 8.65%.Installed Building Products’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.95 EPS. On average, sell-side analysts anticipate that Installed Building Products will post 9.57 earnings per share for the current year.

About Installed Building Products

Installed Building Products, Inc (NYSE: IBP) is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.

Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.