Owens Corning (OC) to Release Earnings on Wednesday

Key Points

• Owens Corning will report Q1 2026 results before the market opens on Wednesday, May 6, with analysts forecasting about $0.885 EPS and $2.1424 billion in revenue.
• In the prior quarter the company missed expectations (reported $1.10 EPS vs. $1.36 expected), saw revenue fall 16.8% year-over-year, and recorded a negative net margin of 5.17% despite a 21.93% return on equity.
• Shares trade with a market cap near $9.98 billion and a negative P/E of -19.39; Owens Corning pays a quarterly dividend of $0.79 (about a 2.5% yield) and carries a consensus analyst target of roughly $145.09 ("Moderate Buy").

Owens Corning (NYSE:OC - Get Free Report) is projected to announce its Q1 2026 results before the market opens on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.8850 per share and revenue of $2.1424 billion for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 9:00 AM ET.

Owens Corning (NYSE:OC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The construction company reported $1.10 EPS for the quarter, missing analysts' consensus estimates of $1.36 by ($0.26). Owens Corning had a positive return on equity of 21.93% and a negative net margin of 5.17%.The company had revenue of $2.14 billion for the quarter, compared to analysts' expectations of $2.17 billion. During the same quarter in the previous year, the business posted $3.22 EPS. The business's quarterly revenue was down 16.8% compared to the same quarter last year. On average, analysts expect Owens Corning to post $9 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Owens Corning Stock Performance

Shares of Owens Corning stock opened at $124.10 on Wednesday. Owens Corning has a one year low of $97.53 and a one year high of $159.42. The company has a market cap of $9.98 billion, a price-to-earnings ratio of -19.39, a PEG ratio of 2.13 and a beta of 1.35. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.70 and a current ratio of 1.26. The business's 50 day moving average price is $114.68 and its 200 day moving average price is $117.15.

Owens Corning Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Monday, March 9th were given a dividend of $0.79 per share. The ex-dividend date was Monday, March 9th. This represents a $3.16 dividend on an annualized basis and a yield of 2.5%. Owens Corning's dividend payout ratio (DPR) is presently -49.38%.

Institutional Investors Weigh In On Owens Corning

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OC. Geneos Wealth Management Inc. raised its position in Owens Corning by 61.7% in the first quarter. Geneos Wealth Management Inc. now owns 482 shares of the construction company's stock valued at $69,000 after purchasing an additional 184 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Owens Corning in the second quarter valued at $277,000. EverSource Wealth Advisors LLC grew its stake in shares of Owens Corning by 1,433.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,273 shares of the construction company's stock valued at $175,000 after buying an additional 1,190 shares in the last quarter. Cerity Partners LLC grew its stake in shares of Owens Corning by 294.3% in the second quarter. Cerity Partners LLC now owns 17,372 shares of the construction company's stock valued at $2,389,000 after buying an additional 12,966 shares in the last quarter. Finally, Bank of Nova Scotia grew its stake in shares of Owens Corning by 12.2% in the second quarter. Bank of Nova Scotia now owns 3,059 shares of the construction company's stock valued at $421,000 after buying an additional 333 shares in the last quarter. Hedge funds and other institutional investors own 88.40% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on OC shares. Wells Fargo & Company lifted their price objective on Owens Corning from $125.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, April 16th. Zacks Research downgraded Owens Corning from a "hold" rating to a "strong sell" rating in a research report on Monday, March 16th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Owens Corning in a research report on Friday, March 27th. Royal Bank Of Canada set a $143.00 price objective on Owens Corning in a research report on Friday, January 9th. Finally, UBS Group lifted their price objective on Owens Corning from $160.00 to $172.00 and gave the stock a "buy" rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $145.09.

Owens Corning Company Profile

Owens Corning is a global leader in composite materials and building products, with a primary focus on insulation, roofing, and fiberglass composites. The company serves professional contractors, builders and industrial manufacturers by providing solutions designed to improve energy efficiency, structural performance and durability. Its products are used in residential, commercial, and industrial applications worldwide.

The company's core product lines include fiberglass insulation for thermal and acoustic comfort, roofing shingles and underlayment systems engineered for weather protection, and advanced composite materials for markets such as wind energy, automotive, marine and infrastructure.

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