BECN icon

Beacon Roofing Supply

1 day
0.00%
5 days
0.00%
1 month
0.00%
3 months
0.00%
6 months
0.00%
Year to date
0.00%
1 year
0.00%
5 years
0.00%
10 years
0.00%
 

About: Beacon Roofing Supply Inc. manufactures and sells roofing and building materials throughout the United States and Canada. Its key customers include contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products, and the vast majority of Beacon's revenue comes from the United States.

Employees: 8,068

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1,151% more call options, than puts

Call options by funds: $38.4M | Put options by funds: $3.07M

53% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 49

40% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]

17% more capital invested

Capital invested by funds: $5.21B [Q3] → $6.1B (+$891M) [Q4]

13% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 95

6% more funds holding

Funds holding: 308 [Q3] → 326 (+18) [Q4]

0.24% less ownership

Funds ownership: 97.2% [Q3] → 96.96% (-0.24%) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$123
Avg. target
$127
High target
$140

6 analyst ratings

positive
33%
neutral
67%
negative
0%
BMO Capital
Ketan Mamtora
38% 1-year accuracy
3 / 8 met price target
$124
Market Perform
Downgraded
17 Apr 2025
RBC Capital
Mike Dahl
51% 1-year accuracy
26 / 51 met price target
$124
Sector Perform
Downgraded
2 Apr 2025
Loop Capital
Garik Shmois
36% 1-year accuracy
8 / 22 met price target
$124
Hold
Downgraded
21 Mar 2025
Benchmark
Reuben Garner
19% 1-year accuracy
7 / 36 met price target
$140
Buy
Reiterated
3 Mar 2025
Baird
David Manthey
31% 1-year accuracy
12 / 39 met price target
$124
Outperform
Maintained
28 Feb 2025

Financial journalist opinion

Based on 5 articles about BECN published over the past 30 days

Negative
Zacks Investment Research
2 days ago
Bear Of The Day: Beacon Rooking Supply (BECN)
Beacon Rooking Supply (BECN) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the company last reported. Roofing companies have hurt by the consistently higher interest rates and the tariff tantrum may disrupt the supply chain.
Bear Of The Day: Beacon Rooking Supply (BECN)
Negative
Zacks Investment Research
6 days ago
Analysts Estimate Beacon Roofing Supply (BECN) to Report a Decline in Earnings: What to Look Out for
Beacon Roofing (BECN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts Estimate Beacon Roofing Supply (BECN) to Report a Decline in Earnings: What to Look Out for
Neutral
Business Wire
1 week ago
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.35 per share. Beacon's board of directors unanimously recommends that all shareholders tender their shares into the offer. The tender offer will remain open until 5:00 p.m. (New York City time) on April 28, 2025. The transaction is expected to close at or near the end of April, subject to.
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
Neutral
Business Wire
2 weeks ago
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.35 per share. Beacon's board of directors unanimously recommends that all shareholders tender their shares into the offer. The tender offer will remain open until 5:00 p.m. (New York City time) on April 21, 2025. The transaction is expected to close at or near the end of April, subject to.
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
Neutral
Business Wire
4 weeks ago
QXO Extends and Amends Tender Offer to Acquire Beacon Roofing Supply
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) and amending the terms of its pending tender offer to reflect the terms of the previously announced definitive merger agreement between Beacon and QXO, including to increase the offer price to $124.35 per share in cash and reflect such other changes as contemplated by the merger agreement. Beacon's.
QXO Extends and Amends Tender Offer to Acquire Beacon Roofing Supply
Neutral
GlobeNewsWire
1 month ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BECN and OPTN on Behalf of Shareholders
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BECN and OPTN on Behalf of Shareholders
Neutral
PRNewsWire
1 month ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Beacon Roofing Supply, Inc. - BECN
NEW YORK , March 20, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the  Empire State Building  in New York City and are investigating  Beacon Roofing Supply, Inc. (NASDAQ: BECN ) , relating to the proposed merger with QXO, Inc. Under the terms of the agreement, Beacon shareholders will receive $124.35 per share in cash.
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Beacon Roofing Supply, Inc. - BECN
Neutral
GlobeNewsWire
1 month ago
Beacon Roofing (BECN) ALERT: Johnson Fistel Investigates Proposed Sale of Beacon Roofing; Is $124.35 a Fair Price for Shareholders?
SAN DIEGO, March 20, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Beacon Roofing Supply, Inc. (NASDAQ: BECN) breached their fiduciary duties in connection with the proposed sale of the Company to QXO, Inc. (NYSE: QXO).
Beacon Roofing (BECN) ALERT: Johnson Fistel Investigates Proposed Sale of Beacon Roofing; Is $124.35 a Fair Price for Shareholders?
Positive
CNBC Television
1 month ago
QXO CEO on Beacon Roofing acquisition: Demand for our product will not be impacted by tariffs
Brad Jacobs, QXO chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss why he sees opportunity in rolling up building products distribution, the potential impact of tariffs on the industry, and more.
QXO CEO on Beacon Roofing acquisition: Demand for our product will not be impacted by tariffs
Neutral
Business Wire
1 month ago
BECN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Beacon Roofing Supply, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Beacon Roofing Supply, Inc. (NASDAQ: BECN) to QXO, Inc. for $124.35 per share in cash is fair to Beacon shareholders. Halper Sadeh encourages Beacon shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Beacon and it.
BECN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Beacon Roofing Supply, Inc. Is Fair to Shareholders
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