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TopBuild Corp - BLD STOCK NEWS

Welcome to our dedicated news page for TopBuild (Ticker: BLD), a resource for investors and traders seeking the latest updates and insights on TopBuild.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TopBuild's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TopBuild's position in the market.

News
TopBuild to Release First Quarter 2024 Results Tuesday, May 7
Rhea-AI Summary
TopBuild Corp. (NYSE:BLD) will release its first quarter results on May 7, followed by a conference call at 9:00 A.M. The company is a key player in the insulation and building material products industry in the US and Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
earnings
-
News
TopBuild Reports Fourth Quarter and Year-End 2023 Financial Results
Rhea-AI Summary
TopBuild Corp. (NYSE:BLD) reports strong financial performance with sales increasing 1.7% to $1.3 billion in Q4 and 3.7% to $5.2 billion for the full year. Gross margin expands, and adjusted EBITDA margin improves. The company provides optimistic 2024 sales and adjusted EBITDA outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.23%
Tags
earnings
-
News
TopBuild to Acquire Pest Control Insulation
Rhea-AI Summary
TopBuild Corp. (NYSE:BLD) has announced the acquisition of Pest Control Insulation, a company generating approximately $24 million in revenue in 2023. The acquisition is expected to close within 30 days and is seen as a strategic addition to TopBuild's Specialty Distribution segment. Robert Buck, President and CEO of TopBuild, expressed enthusiasm for the acquisition, citing Pest Control Insulation's specialized products and blue-chip client base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
acquisition
News
TopBuild to Release Fourth Quarter 2023 Results Wednesday, February 28
Rhea-AI Summary
TopBuild Corp. (NYSE:BLD) will release its fourth quarter and year-end 2023 results on February 28, followed by a conference call to review its financial results. The company is a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
Tags
earnings
-
News
TopBuild to Participate in Fireside Chat at Stephens Annual Investment Conference
Rhea-AI Summary
TopBuild Corp (NYSE:BLD) CFO to participate in live fireside chat at Stephens Annual Investment Conference on November 15 at 1:00 p.m. Central Time. The 45-minute presentation will be webcast. Replay available on company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
conferences
-
News
TopBuild Reports Third Quarter 2023 Results
Rhea-AI Summary
TopBuild Corp. reports solid operating results for Q3 2023 with a 1.9% increase in net sales and strong margins. The non-residential business performs well with mid-single digit volume growth. The company's focus on productivity and operational efficiencies contributes to its success. TopBuild expects to remain active in acquisitions and has completed four acquisitions so far. The company also plans to acquire Specialty Products and Insulation for $960 million. The 2023 outlook shows a projected sales range of $5.13 billion to $5.21 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.27%
Tags
earnings
News
TopBuild to Release Third Quarter 2023 Results Tuesday, October 31
Rhea-AI Summary
TopBuild Corp. will release its Q3 results on October 31 and host a conference call to review its financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.93%
Tags
earnings
-
News
TopBuild to Participate in Fireside Chat at Jefferies Industrials Conference
Rhea-AI Summary
TopBuild Corp. CEO to participate in Jefferies Industrial Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
conferences
-
News
TopBuild Reports Second Quarter 2023 Results
Rhea-AI Summary
TopBuild Corp (NYSE:BLD) reported a 3.4% increase in sales to $1.3 billion for Q2 2023. Gross margin and adjusted EBITDA margin both expanded by 190 basis points. The company also provided a positive outlook for 2023, with projected sales between $5.025 to $5.175 billion and adjusted EBITDA between $950 to $1,000 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.14%
Tags
earnings
News
TopBuild to Acquire Specialty Products & Insulation In All-Cash Transaction Valued at $960 Million
Rhea-AI Summary
TopBuild Corp. has entered into an agreement to acquire Specialty Products & Insulation in an all-cash transaction valued at $960 million. The acquisition expands TopBuild's specialty distribution footprint and enhances fabrication capabilities. The deal is expected to result in $35-40 million of run-rate cost synergies. Approximately 50% of SPI's revenue is recurring. TopBuild plans to fund the transaction with a new $550 million Term Loan A and cash on hand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.1%
Tags
acquisition
Stock BLD logo
TopBuild Corp

NYSE:BLD

BLD Rankings

#700 Ranked by Market Cap
#691 Ranked by Stock Gains
N/A Ranked by Dividends

BLD Stock Data

12.73B
31.33M
0.43%
97.45%
1.8%
All Other Specialty Trade Contractors
Construction
Link
US
Daytona Beach

About BLD

topbuild is the leading installer and distributor of insulation products to the united states construction industry, based on revenue. we provide insulation installation services nationwide through our truteamsm business, which has over 190 installation branches located in 43 states; we distribute insulation and other building products nationwide through our service partners® business from our 72 distribution centers located in 35 states; and in addition to our core product and service expertise, we are a leader in building science through topbuild home services, inc. and its environments for living® program. topbuild corp., an independent, publically traded company, was formed in 2015 from the spin-off of masco corporation’s installation and other services businesses.