Beacon Roofing Supply - BECN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $61.71
  • Forecasted Upside: 6.66 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$57.86
▲ +0.84 (1.47%)

This chart shows the closing price for BECN by one month, three months, or twelve months.

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Analyst Price Target for BECN

Analyst Price Target is $61.71
▲ +6.66% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Beacon Roofing Supply in the last 3 months. The average price target is $61.71, with a high forecast of $79.00 and a low forecast of $54.00. The average price target represents a 6.66% upside from the last price of $57.86.

This chart shows the closing price for BECN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 polled investment analysts is to hold stock in Beacon Roofing Supply. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/16/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 8 hold ratings
  • 0 sell ratings
9/14/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 8 hold ratings
  • 0 sell ratings
12/13/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 0 sell ratings
3/13/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
6/11/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/9/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 0 sell ratings
11/8/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/8/2022

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/7/2022Royal Bank of CanadaLower TargetSector Perform$59.00 ➝ $54.00Low
10/20/2022Deutsche Bank AktiengesellschaftLower TargetBuy$90.00 ➝ $79.00N/A
10/14/2022Robert W. BairdDowngradeOutperform ➝ Neutral$77.00 ➝ $65.00Low
8/17/2022Deutsche Bank AktiengesellschaftInitiated CoverageBuyLow
8/8/2022StephensLower TargetEqual Weight$72.00 ➝ $64.00Low
7/19/2022William BlairDowngradeOutperform ➝ Market PerformLow
7/15/2022JPMorgan Chase & Co.Lower Target$66.00 ➝ $59.00Low
6/28/2022Wells Fargo & CompanyLower TargetEqual Weight$67.00 ➝ $56.00Low
6/22/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$70.00 ➝ $58.00Low
5/6/2022Robert W. BairdBoost Target$74.00 ➝ $83.00High
4/21/2022Wells Fargo & CompanyBoost TargetEqual Weight$59.00 ➝ $67.00Low
4/20/2022JPMorgan Chase & Co.Lower TargetNeutral$68.00 ➝ $66.00Low
4/12/2022Robert W. BairdBoost Target$72.00 ➝ $74.00Medium
3/30/2022JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$68.00High
2/7/2022Truist FinancialLower Target$58.00 ➝ $55.00Medium
2/4/2022Robert W. BairdBoost Target$69.00 ➝ $72.00High
12/6/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$62.00Medium
11/29/2021Truist FinancialDowngradeBuy ➝ Hold$65.00 ➝ $58.00High
11/24/2021StephensBoost TargetIn-Line ➝ Equal Weight$56.00 ➝ $62.00Low
10/18/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$63.00High
8/23/2021StephensBoost TargetEqual Weight$56.00 ➝ $67.00Low
8/12/2021Berenberg BankDowngradeBuy ➝ HoldMedium
8/10/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$69.00 ➝ $56.00Low
7/15/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$58.00High
7/15/2021Robert W. BairdReiterated RatingPositive ➝ Outperform$65.00 ➝ $66.00Low
5/7/2021Truist FinancialBoost Target$49.00 ➝ $68.00Medium
5/7/2021Robert W. BairdBoost TargetOutperform$57.00 ➝ $65.00High
5/7/2021Royal Bank of CanadaBoost TargetSector Perform$48.00 ➝ $63.00High
4/21/2021Northcoast ResearchReiterated RatingBuy ➝ NeutralN/A
4/20/2021Loop CapitalBoost TargetPositive ➝ Buy$57.00 ➝ $63.00High
4/20/2021Robert W. BairdBoost TargetOutperform$55.00 ➝ $57.00High
4/15/2021Northcoast ResearchDowngradeBuy ➝ NeutralLow
3/16/2021Wolfe ResearchInitiated CoveragePeer PerformMedium
3/9/2021Stifel NicolausInitiated CoverageBuy$61.00High
2/9/2021Truist FinancialBoost Target$43.00 ➝ $49.00Low
2/9/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$47.00 ➝ $53.00Low
2/9/2021Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$37.00 ➝ $48.00Low
1/26/2021Longbow ResearchUpgradeNeutral ➝ Buy$60.00High
1/13/2021BMO Capital MarketsInitiated CoverageMarket Perform$47.00Low
12/22/2020Deutsche Bank AktiengesellschaftBoost Target$41.00 ➝ $44.00Medium
11/20/2020Robert W. BairdBoost TargetOutperform$43.00 ➝ $48.00High
11/20/2020Deutsche Bank AktiengesellschaftBoost TargetHold$35.00 ➝ $38.00High
11/20/2020Loop CapitalBoost TargetPositive ➝ Buy$42.00 ➝ $46.00High
11/20/2020Royal Bank of CanadaBoost TargetAverage ➝ Underperform$26.00 ➝ $33.00High
10/16/2020Loop CapitalBoost TargetBuy$38.00 ➝ $42.00Medium
10/14/2020Jefferies Financial GroupUpgradeHold ➝ Buy$33.00 ➝ $44.00Medium
10/12/2020Robert W. BairdUpgradeNeutral ➝ Outperform$36.00 ➝ $43.00Medium
10/6/2020William BlairUpgradeMarket Perform ➝ OutperformHigh
8/11/2020StephensDowngradeOverweight ➝ Equal Weight$36.00High
8/7/2020Loop CapitalBoost TargetPositive ➝ Buy$34.00 ➝ $38.00Low
8/7/2020Royal Bank of CanadaBoost TargetBuy ➝ Underperform$22.00 ➝ $26.00Low
7/20/2020William BlairReiterated RatingHoldMedium
7/17/2020Northcoast ResearchUpgradeNeutral ➝ Buy$34.00High
6/23/2020Deutsche Bank AktiengesellschaftBoost TargetHold$20.00 ➝ $26.00Low
6/10/2020Wells Fargo & CompanyReiterated RatingHold ➝ AverageHigh
5/8/2020SunTrust BanksBoost TargetBuy$24.00 ➝ $26.00Medium
4/22/2020WedbushReiterated RatingNeutral$16.00Low
4/19/2020Royal Bank of CanadaDowngradeSector Perform ➝ UnderperformHigh
4/16/2020SunTrust BanksLower TargetBuy$38.00 ➝ $24.00High
4/16/2020Wells Fargo & CompanyLower TargetEqual Weight$30.00 ➝ $19.00High
4/13/2020Northcoast ResearchDowngradeBuy ➝ NeutralHigh
4/7/2020Royal Bank of CanadaDowngradeSector Perform ➝ Underperform$20.00 ➝ $13.00High
3/31/2020JPMorgan Chase & Co.Lower TargetUnderweight$29.00 ➝ $15.50High
3/27/2020Berenberg BankUpgradeHold ➝ Buy$27.00High
3/25/2020Deutsche Bank AktiengesellschaftLower TargetHold$34.00 ➝ $16.00High
3/18/2020Royal Bank of CanadaReiterated RatingHoldHigh
2/11/2020StephensBoost TargetOverweight$34.00 ➝ $38.00Low
2/4/2020WedbushLower TargetNeutral$29.00 ➝ $28.00High
1/14/2020Berenberg BankInitiated CoverageHold$31.00Low
1/7/2020Northcoast ResearchUpgradeNeutral ➝ Buy$40.00High
1/6/2020Loop CapitalInitiated CoverageBuy$37.00High
12/18/2019Royal Bank of CanadaReiterated RatingHold ➝ NeutralMedium
12/16/2019Deutsche Bank AktiengesellschaftBoost TargetHold$34.00 ➝ $39.00Medium
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageHold$39.00N/A
11/27/2019Raymond JamesDowngradeOutperform ➝ Market PerformLow
11/26/2019SunTrust BanksLower TargetBuy$40.00 ➝ $38.00Low
11/26/2019WedbushReiterated RatingNeutral$33.00 ➝ $29.00High
11/20/2019Deutsche Bank AktiengesellschaftInitiated CoverageHold$39.00Low
9/26/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$29.00Medium
8/8/2019Evercore ISIReiterated RatingHold$31.00High
8/7/2019SunTrust BanksSet TargetBuy$40.00Medium
8/7/2019Raymond JamesSet TargetBuy$38.00Medium
8/7/2019WedbushReiterated RatingNeutral$33.00High
8/7/2019StephensSet TargetOverweight$45.00 ➝ $37.00High
6/10/2019Raymond JamesLower TargetOutperform$45.00 ➝ $40.00Low
5/9/2019Royal Bank of CanadaBoost TargetSector Perform$40.00Medium
5/8/2019Wells Fargo & CompanyReiterated RatingHoldLow
5/8/2019WedbushReiterated RatingNeutral$33.00Medium
3/26/2019Royal Bank of CanadaSet TargetHold$35.00High
3/26/2019Raymond JamesSet TargetBuy$45.00High
3/26/2019Robert W. BairdLower TargetNeutral ➝ Neutral$36.00 ➝ $35.00Low
3/26/2019Buckingham ResearchLower TargetNeutral ➝ Neutral$38.00 ➝ $31.00Low
2/25/2019Buckingham ResearchInitiated CoverageNeutral ➝ Neutral$38.00Medium
2/8/2019Royal Bank of CanadaSet TargetHold$37.00Medium
2/8/2019Raymond JamesSet TargetBuy$45.00Medium
2/8/2019SunTrust BanksReiterated RatingBuy$44.00Medium
2/8/2019WedbushBoost TargetNeutral$30.00 ➝ $33.00High
12/14/2018WedbushDowngradeOutperform ➝ Neutral$30.00Low
11/28/2018Longbow ResearchDowngradeBuy ➝ Neutral$34.00Low
11/23/2018StephensReiterated RatingBuy$40.00Low
11/21/2018Wells Fargo & CompanyUpgradeUnderperform ➝ Market Perform$32.00High
11/21/2018Jefferies Financial GroupLower TargetHold ➝ Hold$34.00 ➝ $30.00High
11/20/2018Royal Bank of CanadaSet TargetHold$28.00High
11/20/2018SunTrust BanksLower TargetBuy$38.00High
11/20/2018WedbushSet TargetOutperform ➝ Outperform$50.00 ➝ $30.00High
11/20/2018Raymond JamesDowngradeStrong-Buy ➝ OutperformHigh
11/20/2018Robert W. BairdReiterated RatingHold$29.00High
11/15/2018Wells Fargo & CompanyLower TargetUnderperform ➝ Underperform$33.00 ➝ $25.00Medium
10/25/2018Raymond JamesSet TargetBuy$55.00 ➝ $45.00Low
10/8/2018William BlairDowngradeOutperform ➝ Market Perform$33.00Medium
10/2/2018Robert W. BairdDowngradeOutperform ➝ Neutral$55.00 ➝ $37.00High
9/24/2018Longbow ResearchReiterated RatingBuyMedium
8/23/2018WedbushReiterated RatingOutperform$50.00Low
8/14/2018StephensSet TargetBuy$52.00 ➝ $50.00High
8/10/2018Jefferies Financial GroupReiterated RatingHold$40.00Low
8/10/2018JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$53.00 ➝ $49.00Medium
8/8/2018Royal Bank of CanadaReiterated RatingHold$41.00High
8/8/2018WedbushLower TargetOutperform ➝ Outperform$65.00 ➝ $50.00High
8/8/2018Wells Fargo & CompanyDowngradeMarket Perform ➝ Underperform$58.00High
8/8/2018CitigroupDowngradeBuy ➝ Neutral$51.00 ➝ $44.00High
8/8/2018SunTrust BanksReiterated RatingBuy$52.00High
7/20/2018StephensUpgradeEqual Weight ➝ OverweightHigh
6/28/2018MKM PartnersInitiated CoverageBuy$61.00High
6/28/2018Evercore ISIInitiated CoverageOutperform$61.00Medium
6/27/2018Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformMedium
6/27/2018CitigroupUpgradeNeutral ➝ BuyMedium
6/19/2018CitigroupUpgradeNeutral ➝ Buy$60.00Medium
5/14/2018Northcoast ResearchDowngradeBuy ➝ NeutralMedium
5/10/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralHigh
5/9/2018WedbushSet TargetBuy$70.00 ➝ $65.00High
5/9/2018Jefferies Financial GroupDowngradeBuy ➝ HoldHigh
2/13/2018WedbushReiterated RatingNeutral ➝ Outperform$70.00 ➝ $52.00Medium
2/13/2018WedbushUpgradeNeutral ➝ Outperform$52.00 ➝ $70.00Low
2/9/2018Royal Bank of CanadaSet TargetBuy$66.00High
2/9/2018CitigroupLower TargetNeutral ➝ Neutral$65.00 ➝ $60.00High
1/17/2018Jefferies Financial GroupReiterated RatingBuy$73.00Low
(Data available from 12/8/2017 forward)

News Sentiment Rating

0.77 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/12/2022
  • 7 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/11/2022
  • 6 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/11/2022
  • 4 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/10/2022
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/9/2022
  • 7 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/9/2022
  • 5 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/8/2022
  • 6 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/8/2022

Current Sentiment

  • 6 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Beacon Roofing Supply logo
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of September 30, 2022, it operated approximately 400 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.
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Today's Range

Now: $57.86
Low: $56.98
High: $58.36

50 Day Range

MA: $56.80
Low: $52.68
High: $59.47

52 Week Range

Now: $57.86
Low: $45.71
High: $65.30

Volume

487,206 shs

Average Volume

523,450 shs

Market Capitalization

$3.76 billion

P/E Ratio

10.64

Dividend Yield

N/A

Beta

1.61

Frequently Asked Questions

What sell-side analysts currently cover shares of Beacon Roofing Supply?

The following Wall Street research analysts have issued research reports on Beacon Roofing Supply in the last year: Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Robert W. Baird, Royal Bank of Canada, Stephens, StockNews.com, Truist Financial Co., Wells Fargo & Company, and William Blair.
View the latest analyst ratings for BECN.

What is the current price target for Beacon Roofing Supply?

7 Wall Street analysts have set twelve-month price targets for Beacon Roofing Supply in the last year. Their average twelve-month price target is $61.71, suggesting a possible upside of 6.7%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting BECN will reach $79.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $54.00 for Beacon Roofing Supply in the next year.
View the latest price targets for BECN.

What is the current consensus analyst rating for Beacon Roofing Supply?

Beacon Roofing Supply currently has 6 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BECN, but not buy more shares or sell existing shares.
View the latest ratings for BECN.

What other companies compete with Beacon Roofing Supply?

Other companies that are similar to Beacon Roofing Supply include GMS, Foot Locker, Wayfair, Sprouts Farmers Market and MINISO Group. Learn More about companies similar to Beacon Roofing Supply.

How do I contact Beacon Roofing Supply's investor relations team?

Beacon Roofing Supply's physical mailing address is 505 Huntmar Park Drive Suite 300, Herndon VA, 20170. The company's listed phone number is (571) 323-3939 and its investor relations email address is [email protected] The official website for Beacon Roofing Supply is www.beaconroofingsupply.com. Learn More about contacing Beacon Roofing Supply investor relations.