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Builders Firstsource Inc - BLDR STOCK NEWS

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

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 Builders Firstsource'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 Builders Firstsource's position in the market.

News
Builders FirstSource to Host First Quarter 2024 Financial Results Conference Call and Webcast
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) will hold a conference call on May 7, 2024, to discuss financial results and business matters. The call will be hosted by CEO Dave Rush and CFO Peter Jackson. Participants can join via phone or webcast, with a replay available. The event details are on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
conferences earnings
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News
Builders FirstSource Prices Offering of $1 Billion of Senior Notes due 2034
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) announced a $1 billion offering of 6.375% unsecured Senior Notes due 2034, with a $400 million increase from the initial size. The Company plans to use the proceeds to repay debt and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
none
-
News
Builders FirstSource Launches Offering of $600 Million of Senior Notes due 2034
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) announced a $600 million offering of unsecured Senior Notes due 2034. The Company plans to use the proceeds to repay debt and for general corporate purposes. The offering is subject to market conditions. The Notes are not registered under the Securities Act of 1933 and may only be sold to qualified institutional buyers or non-U.S. persons outside the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
News
Builders FirstSource Increases Stock Repurchase Plan to $1 Billion
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) authorizes a $1.0 billion share repurchase plan, reflecting confidence in the company's strategy and ability to generate strong free cash flow. In 2023, the company repurchased 17.8 million shares at an average price of $100.49 per share, reducing total shares outstanding by 12.2%. Since August 2021, Builders FirstSource has repurchased 87.1 million shares, totaling $6.1 billion. As of December 31, 2023, shares outstanding were 121.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
buyback
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News
Builders FirstSource Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Financial Outlook
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) reported fourth-quarter net sales of $4.2 billion, a 4.7% decrease, with net income at $350.7 million. Adjusted EBITDA decreased by 1.6% to $685.5 million. Cash provided by operating activities for the year was $2.3 billion, with $1.8 billion in shares repurchased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
earnings
-
News
Builders FirstSource to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) will hold a conference call and webcast on February 22, 2024, to discuss financial results and business matters. The call will be hosted by CEO Dave Rush and CFO Peter Jackson. Participants can join the call by dialing 800-225-9448 (U.S. and Canada) or 203-518-9708 (international) with Conference ID: BLDRQ423. A replay will be available until February 29, 2024, and the webcast can be accessed on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
conferences earnings
News
Anchor Peabody Represents Encore Building Products in its Sale to Builders FirstSource
Rhea-AI Summary
Anchor Peabody represents Encore Building Products in its sale to Builders FirstSource (NYSE: BLDR). Encore, a leading distributor of building materials, was advised by Anchor Peabody, the most active investment bank in the industry. Builders FirstSource, the nation’s largest supplier of structural building products, acquired Encore, known for serving professional contractors and multi-family builders in northwestern Arkansas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.48%
Tags
none
-
News
Builders FirstSource Hosts 2023 Investor Day
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) is hosting its 2023 Investor Day in Atlanta to present the company’s long-term strategic vision, financial growth drivers, digital solutions, commercial and operational excellence, and innovation. The event aims to compound long-term shareholder value through customer partnerships and new digital innovations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.68%
Tags
none
-
News
Builders FirstSource Reports Third Quarter 2023 Results and Updates 2023 Guidance
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) reported a 21.3% decrease in net sales to $4.5 billion in Q3 2023, primarily due to a weaker housing market and commodity deflation. Net income decreased by 38.8% to $451.5 million, with earnings per diluted share at $3.59. Adjusted EBITDA decreased by 30.6% to $813.3 million, and the company repurchased 1.7 million shares in Q3 and $1.6 billion YTD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.25%
Tags
earnings
News
Builders FirstSource to Host Third Quarter Financial Results Conference Call and Webcast
Rhea-AI Summary
Builders FirstSource, Inc. will host a conference call on November 1, 2023, to discuss financial results and business matters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
conferences earnings
Stock BLDR logo
Builders Firstsource Inc

NYSE:BLDR

BLDR Rankings

#462 Ranked by Market Cap
#228 Ranked by Stock Gains
N/A Ranked by Dividends

BLDR Stock Data

22.20B
119.20M
1.97%
97.66%
2.23%
Home Centers
Retail Trade
Link
US
Dallas

About BLDR

in 2015, builders firstsource ($bldr) became the leading supplier and manufacturer of structural and related building products for new construction when it acquired probuild holdings, llc and its subsidiaries. now, as the largest diversified suppliers of lumber and building materials to professional builders, contractors, and homeowners, builders firstsource currently operates approximately 450 lumber and building product distribution, manufacturing and assembly centers in 40 u.s. states. builders firstsource and its companies sell a broad selection of building materials including; lumber (dimensional and sheet goods), drywall products, millwork, trusses, roofing and siding products, insulation materials, and hardware specialties. their manufacturing capabilities include trusses (roof and floor), wall panels, custom millwork, aluminum and vinyl windows and pre-hung door fabrication. we have the ability to sustain a long-term, aggressive growth strategy. our collective strength combines