Michael Miller - Installed Building President

IBP Stock  USD 235.76  18.67  8.60%   

President

Mr. Michael T. Miller is the Chief Financial Officer, Executive Vice President, Director of Installed Building Products, Inc. Mr. Miller has served as our most senior financial officer since he joined us in 2000 as our Executive Vice President Finance. He was our Chief Financial Officer since 2013 and a director since 2004. Prior to joining the Company, Mr. Miller held the position of Senior Vice PresidentManaging Director responsible for Corporationrationrate Investment Banking at Huntington Capital Corporationration, a subsidiary of Huntington Bancshares, Inc., a regional bank holding company. Before joining Huntington in 1991, Mr. Miller held various positions with Deutsche Bank and Canadian Imperial Bank of Commerce in New York. Mr. Miller began his career at First Union National Bank in Charlotte, North Carolina. He holds a B.A. from Wake Forest University. Mr. Miller serves on the board of BMC Stock Holdings, Inc. and is a member of its audit committee. since 2017.
Age 60
Tenure 7 years
Address 495 South High Street, Columbus, OH, United States, 43215
Phone614 221 3399
Webhttps://www.installedbuildingproducts.com
Miller began his career at First Union National Bank in Charlotte, North Carolina. He holds a B.A. from Wake Forest University.

Michael Miller Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Miller against Installed Building stock is an integral part of due diligence when investing in Installed Building. Michael Miller insider activity provides valuable insight into whether Installed Building is net buyers or sellers over its current business cycle. Note, Installed Building insiders must abide by specific rules, including filing SEC forms every time they buy or sell Installed Building'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Installed Building Management Efficiency

The company has Return on Asset of 0.1215 % which means that on every $100 spent on assets, it made $0.1215 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3786 %, implying that it generated $0.3786 on every 100 dollars invested. Installed Building's management efficiency ratios could be used to measure how well Installed Building manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/26/2024, Return On Tangible Assets is likely to grow to 0.19. Also, Return On Capital Employed is likely to grow to 0.24. At this time, Installed Building's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/26/2024, Non Current Liabilities Total is likely to grow to about 1 B, while Total Current Liabilities is likely to drop slightly above 189 M.
Installed Building Products has 954.8 M in debt with debt to equity (D/E) ratio of 2.34, meaning that the company heavily relies on borrowing funds for operations. Installed Building has a current ratio of 2.21, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Installed to invest in growth at high rates of return.

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Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio. Installed Building operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 9500 people. Installed Building Products (IBP) is traded on New York Stock Exchange in USA. It is located in 495 South High Street, Columbus, OH, United States, 43215 and employs 10,600 people. Installed Building is listed under Household Durables category by Fama And French industry classification.

Management Performance

Installed Building Leadership Team

Elected by the shareholders, the Installed Building's board of directors comprises two types of representatives: Installed Building inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Installed. The board's role is to monitor Installed Building's management team and ensure that shareholders' interests are well served. Installed Building's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Installed Building's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lawrence Hilsheimer, Non-Executive Independent Director Nominee
Todd Fry, Chief Accounting Officer, Treasurer
Todd CPA, Chief Treasurer
Jeffrey Edwards, Chairman of the Board, President, Chief Executive Officer
Margot Carter, Non-Executive Independent Director Nominee
Jay Elliott, Chief Operating Officer
W Hire, President - External Affairs
Michael Miller, Chief Financial Officer, Executive Vice President, Director
Shelley Esq, General Secretary
William Jenkins, Senior Chain
Michael Thomas, Non-Executive Independent Director Nominee
Vikas Verma, President - Commercial Development, Director
David Meuse, Independent Director
William Hire, President Affairs
Brad Wheeler, Regional COO
Janet Jackson, Non-Executive Independent Director Nominee
Scott Jenkins, Regional President
Jason Niswonger, Senior Vice President - Finance and Investor Relations
Martin Luffy, Chief Officer

Installed Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Installed Building a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Installed Building

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Installed Building position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Installed Building will appreciate offsetting losses from the drop in the long position's value.

Moving together with Installed Stock

  0.62BC BrunswickPairCorr

Moving against Installed Stock

  0.34FORD Forward IndustriesPairCorr
The ability to find closely correlated positions to Installed Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Installed Building when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Installed Building - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Installed Building Products to buy it.
The correlation of Installed Building is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Installed Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Installed Building moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Installed Building can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Installed Stock Analysis

When running Installed Building's price analysis, check to measure Installed Building's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Installed Building is operating at the current time. Most of Installed Building's value examination focuses on studying past and present price action to predict the probability of Installed Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Installed Building's price. Additionally, you may evaluate how the addition of Installed Building to your portfolios can decrease your overall portfolio volatility.