STOCK TITAN

Builders Firstsource Inc - BLDR STOCK NEWS

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

Builders FirstSource, Inc. (symbol: BLDR) is the leading supplier and manufacturer of structural and related building products for new construction. In 2015, the company solidified its market leadership by acquiring ProBuild Holdings, LLC and its subsidiaries. Today, Builders FirstSource operates approximately 450 lumber and building product distribution, manufacturing, and assembly centers across 40 U.S. states, making it one of the largest diversified suppliers of lumber and building materials to professional builders, contractors, and homeowners.

Builders FirstSource offers a wide range of building materials, including dimensional and sheet lumber, drywall products, millwork, trusses, roofing and siding products, insulation materials, and hardware specialties. The company’s manufacturing capabilities extend to trusses (both roof and floor), wall panels, custom millwork, aluminum and vinyl windows, and pre-hung door fabrication. This extensive product portfolio ensures that Builders FirstSource can meet the diverse needs of its customers, ranging from large production builders to small custom homebuilders.

In addition to its product offerings, Builders FirstSource provides various construction-related services. These include professional installation, turnkey framing, and shell construction, which help their clients streamline their building processes. The company's ability to tailor its products for individual homes and ensure quality installation sets it apart in the industry.

Financially, Builders FirstSource is in a strong position to sustain a long-term, aggressive growth strategy. The acquisition of ProBuild has significantly expanded its market reach and operational capacity. The company's collective strength lies in its broad distribution network, advanced manufacturing capabilities, and strong customer relationships.

Recent achievements for Builders FirstSource include expanding its product lines, enhancing its digital platforms for better customer service, and forming strategic partnerships to further its market reach. These initiatives highlight the company's commitment to innovation and customer satisfaction.

For the latest updates and relevant information about Builders FirstSource, including stock performance, events, and developments, please refer to the latest news section.

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
-
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
-
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
Rhea-AI Summary
Builders FirstSource to host Investor Day and Truss Facility Tour on December 5, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
Tags
conferences
-
Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) reported a 34.6% decrease in net sales to $4.5 billion, with net income of $404.6 million and adjusted EBITDA of $768.8 million at a margin of 17.0%. The company repurchased 7.0 million shares in Q2, resulting in a 10.5% reduction in shares outstanding YTD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
-
Rhea-AI Summary
WCL: Jason Walsh joins as Vice President of Component Manufacturing, bringing over two decades of experience in the industry. His addition positions WCL for expansion into new category, leveraging his leadership and strategic insight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
conferences earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.88%
Tags
none

FAQ

What is the current stock price of Builders Firstsource (BLDR)?

The current stock price of Builders Firstsource (BLDR) is $138.99 as of February 28, 2025.

What is the market cap of Builders Firstsource (BLDR)?

The market cap of Builders Firstsource (BLDR) is approximately 15.8B.

What does Builders FirstSource, Inc. do?

Builders FirstSource, Inc. is a leading supplier and manufacturer of structural and related building products for new construction.

Where does Builders FirstSource operate?

Builders FirstSource operates approximately 450 distribution, manufacturing, and assembly centers across 40 U.S. states.

What types of products does Builders FirstSource offer?

Builders FirstSource offers lumber, drywall products, millwork, trusses, roofing and siding products, insulation materials, hardware specialties, and more.

What services does Builders FirstSource provide?

Builders FirstSource provides professional installation, turnkey framing, and shell construction services.

Who are the customers of Builders FirstSource?

Builders FirstSource's customers range from large production builders to small custom homebuilders.

How did Builders FirstSource become the market leader?

Builders FirstSource became the market leader by acquiring ProBuild Holdings, LLC and its subsidiaries in 2015.

What are some recent achievements of Builders FirstSource?

Recent achievements include expanding product lines, enhancing digital platforms, and forming strategic partnerships.

What manufacturing capabilities does Builders FirstSource possess?

Builders FirstSource can manufacture trusses, wall panels, custom millwork, vinyl windows, and pre-hung doors.

What is the financial condition of Builders FirstSource?

Builders FirstSource is financially strong, with the ability to sustain a long-term, aggressive growth strategy.

How does Builders FirstSource ensure customer satisfaction?

Builders FirstSource ensures customer satisfaction by offering high-quality products and tailored construction-related services.
Builders Firstsource Inc

NYSE:BLDR

BLDR Rankings

BLDR Stock Data

15.81B
111.14M
2.11%
99.1%
3.03%
Building Products & Equipment
Retail-lumber & Other Building Materials Dealers
Link
United States
IRVING