Installed Building Products, Inc. (IBP)

In the past six months, IBP reported its second-quarter earnings on August 7, 2025, exceeding analysts' expectations, and reported Q1 CY2025 results on May 8, 2025, topping revenue expectations but with sales falling 1.2% year-on-year. The stock has shown strong momentum, with a 38.66% increase in the last quarter and a year-to-date return of 47.34% as of October 17, 2025, reaching a new 52-week high of $276.0 on August 22, 2025. Following the August earnings, multiple analysts downgraded the stock from "buy" to "hold" ratings, with an average rating of "Reduce" and a consensus price target of $220.45 as of October 26-27, 2025. IBP continues its strategy of growth through acquisitions, announcing the acquisitions of Echols Glass & Mirror, Inc. and Vanderkoy Bros, LLC on October 13, 2025. In the second quarter of 2025, IBP repurchased 300,000 shares of its common stock for $49.2 million and announced a quarterly dividend of $0.37 per share.

Installed Building Products' business is cyclical and highly sensitive to economic and housing market conditions. Demand for insulation and related installation services exhibits seasonality, peaking in the summer and winter months. IBP tends to experience higher sales during the second half of the year, as homebuilder customers complete construction of homes initiated during the traditionally stronger spring selling season.

Installed Building Products, Inc. (IBP) is a leading installer of insulation and complementary building products for residential and commercial construction across the United States. The company operates through a national network of over 250 branch locations with more than 10,000 employees. IBP's core business involves the installation of insulation, including fiberglass, cellulose, and spray foam, primarily for the residential new construction market. Beyond insulation, the company diversifies its offerings by installing a range of other building products such as rain gutters, garage doors, shower doors, closet shelving, mirrors, fireplaces, window blinds, door locksets, and bath hardware. The company serves homebuilders, multi-family and commercial builders, individual homeowners, and repair and remodeling contractors. Installed Building Products operates within the Construction sector and the Engineering & Construction industry. The company also has segments for distribution, selling insulation and accessories to other installers, and manufacturing, producing cellulose insulation and specialty industrial fibers.

Installed Building Products, Inc. boasts a significant national presence, operating in all 48 continental states and the District of Columbia. The company's extensive network includes over 250 branch locations across the country.

Installed Building Products has maintained a positive brand reputation, particularly in terms of customer service and quality within the homebuilding industry. For the fifth consecutive year, IBP earned the "National Preferred Partner Award" from David Weekley Homes in June 2025, recognizing its world-class quality and customer service. The company also published its 2025 Environmental, Social and Governance (ESG) report in October 2025, showcasing its commitment to ESG principles. While older reports from 2015 raised concerns about misrepresented financials, these issues are not reflected in recent news within the past year.

Installed Building Products, Inc. has a dispersed ownership structure, predominantly held by institutional investors. As of October 2025, institutional ownership stands at approximately 88.38% to 99.61% of the company's stock. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, Fmr Llc, State Street Corp, and Price T Rowe Associates Inc /md/. Individual investors hold around 15.08% of the shares. Key individual owners, often company insiders, include Jeffrey W. Edwards (President, CEO, and Chairman), J. Michael Nixon, and Michael Thomas Miller (Executive VP CFO and Director).