Owens Corning Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last year. There are currently 2 sell ratings, 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Owens Corning stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OC, but not buy additional shares or sell existing shares.
View analyst ratings for Owens Corning or view top-rated stocks.

Wall Street analysts have given Owens Corning a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Owens Corning wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Owens Corning saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,430,000 shares, an increase of 21.5% from the May 31st total of 2,000,000 shares. Based on an average trading volume of 879,200 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.4% of the shares of the company are short sold.
View Owens Corning's Short Interest.

Owens Corning is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Owens Corning.

Owens Corning (NYSE:OC) announced its earnings results on Wednesday, July, 28th. The construction company reported $2.60 EPS for the quarter, topping the Zacks' consensus estimate of $2.10 by $0.50. Owens Corning had a net margin of 11.85% and a trailing twelve-month return on equity of 21.31%.
View Owens Corning's earnings history.

Owens Corning's stock was trading at $43.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OC shares have increased by 119.2% and is now trading at $96.16.
View which stocks have been most impacted by COVID-19.

Owens Corning declared a quarterly dividend on Thursday, June 17th. Stockholders of record on Friday, July 16th will be given a dividend of $0.26 per share on Friday, August 6th. This represents a $1.04 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, July 15th.
View Owens Corning's dividend history.

Owens Corning pays an annual dividend of $1.04 per share and currently has a dividend yield of 1.08%. Owens Corning does not yet have a strong track record of dividend growth. The dividend payout ratio of Owens Corning is 19.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Owens Corning will have a dividend payout ratio of 11.90% next year. This indicates that Owens Corning will be able to sustain or increase its dividend.
View Owens Corning's dividend history.

Owens Corning announced that its board has initiated a share repurchase plan on Thursday, December 3rd 2020, which permits the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

15 analysts have issued 1-year price objectives for Owens Corning's shares. Their forecasts range from $61.00 to $135.00. On average, they expect Owens Corning's share price to reach $92.40 in the next twelve months. This suggests that the stock has a possible downside of 3.9%.
View analysts' price targets for Owens Corning or view top-rated stocks among Wall Street analysts.

73 employees have rated Owens Corning CEO Brian Chambers on Glassdoor.com. Brian Chambers has an approval rating of 87% among Owens Corning's employees.

Some companies that are related to Owens Corning include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), A. O. Smith (AOS), Trex (TREX), Builders FirstSource (BLDR), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), UFP Industries (UFPI), AAON (AAON), Gibraltar Industries (ROCK), Patrick Industries (PATK), Griffon (GFF), PGT Innovations (PGTI) and American Woodmark (AMWD).
View all of OC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens Corning investors own include Energy Transfer (ET), AT&T (T), Intel (INTC), Pfizer (PFE), Ford Motor (F), Micron Technology (MU), D.R. Horton (DHI), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and QUALCOMM (QCOM).

Owens Corning trades on the New York Stock Exchange (NYSE) under the ticker symbol "OC."

Owens Corning's stock is owned by many different institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.32%), Alliancebernstein L.P. (0.17%), Oregon Public Employees Retirement Fund (0.07%), Hodges Capital Management Inc. (0.05%), State of Alaska Department of Revenue (0.02%) and New Mexico Educational Retirement Board (0.02%). Company insiders that own Owens Corning stock include Ava Harter, Daniel T Smith, Gunner Smith, Kelly Schmidt, Marcio A Sandri, Michael H Thaman, Prithvi Gandhi and W Howard Morris.
View institutional ownership trends for Owens Corning.

OC stock was sold by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Aptus Capital Advisors LLC, Hodges Capital Management Inc., State of Alaska Department of Revenue, Scout Investments Inc., Fulton Bank N.A., and Raymond James Trust N.A.. Company insiders that have sold Owens Corning company stock in the last year include Daniel T Smith, Gunner Smith, Kelly Schmidt, Marcio A Sandri, and W Howard Morris.
View insider buying and selling activity for Owens Corning or view top insider-selling stocks.

OC stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Berkshire Bank, IFM Investors Pty Ltd, New Mexico Educational Retirement Board, and Focused Wealth Management Inc.
View insider buying and selling activity for Owens Corning or or view top insider-buying stocks.

Shares of OC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OC stock can currently be purchased for approximately $96.16.

Owens Corning has a market capitalization of $9.92 billion and generates $7.06 billion in revenue each year. The construction company earns $-383,000,000.00 in net income (profit) each year or $5.21 on an earnings per share basis.

Owens Corning employs 19,000 workers across the globe.

The following companies are subsidiares of Owens Corning: 0979301 B.C. ULC, AS Paroc, Asahi Glass - Composites Business, Crown Mfg. Inc., Deutsche Foamglas GmbH, Dutch OC Coöperatief Invest U.A., European Owens Corning Fiberglas SPRL, FOAMGLAS (Italia) SRL, FOAMGLAS (Nordic) AB, FiberTEK Insulation, Fibreboard Corp., Finefiber (Shanghai) Building Material Co. Ltd., Finefiber Insulation Co. Pte. Ltd., IBCO SRL, IPM Inc., InterWrap, InterWrap (Hong Kong) Ltd., InterWrap (Qingdao) Trading Co. Ltd., InterWrap Corp., InterWrap Corp. Private Ltd., International Packaging Products Pvt. Ltd., Inversiones Owens Corning Chile Holdings Limitada, Northern Elastomeric, OC Canada Finance Inc., OC Canada Holdings General Partnership, OC Celfortec Company, OC Latin American Holdings GmbH, OC NL Invest Coöperatief U.A., OC PRO CV, OC Steklovolokno AO, OCCV1 Inc., OCCV2 LLC, OCV (Thailand) Co. Limited, OCV Chambéry France, OCV Chambéry International, OCV Finance LLC, OCV Intellectual Capital LLC, OCV Italia Srl, OCV Mexico S. de R.L. de C.V., OCV Servicios Mexico S.A. de C.V., OOO Paroc, Owens Corning (Australia) Pty Limited, Owens Corning (China) Investment Company Limited, Owens Corning (Guangde) Rock Wood Manufacturing Co. Ltd, Owens Corning (Guangzhou) Fiberglas Co. Ltd., Owens Corning (India) Private Limited, Owens Corning (Nanjing) Building Materials Co. Ltd., Owens Corning (Shanghai) Fiberglas Co. Ltd., Owens Corning (Singapore) Pte Ltd, Owens Corning (Tianjin) Building Materials Co. Ltd., Owens Corning (Xi’an) Building Materials Co. Ltd., Owens Corning Alloy Canada GP Inc., Owens Corning Alloy Canada LP, Owens Corning Argentina Sociedad de Responsabilidad Limitada, Owens Corning Automotive LLC, Owens Corning BM (Korea) Ltd, Owens Corning CV GP LLC, Owens Corning Canada GP Inc., Owens Corning Canada Holdings B.V., Owens Corning Canada Holdings ULC, Owens Corning Canada LP, Owens Corning Cayman (China) Holdings, Owens Corning Celfortec Canada GP Inc., Owens Corning Celfortec LP, Owens Corning Composite Materials Canada GP Inc., Owens Corning Composite Materials Canada LP, Owens Corning Composite Materials LLC, Owens Corning Composites (Beijing) Co. Ltd., Owens Corning Composites (China) Co. Ltd., Owens Corning Construction Services LLC, Owens Corning Corporate Services LLC, Owens Corning Elaminator Insulation Systems LLC, Owens Corning Enterprise (India) Pvt. Ltd., Owens Corning Fabrics (Changzhou) Co. Ltd., Owens Corning Fiberglas (U.K.) Pension Plan Ltd., Owens Corning Fiberglas A.S. Limitada, Owens Corning Fiberglas Espana SL, Owens Corning Fiberglas France, Owens Corning Financial Services ULC, Owens Corning Finland Oy, Owens Corning Foam Insulation LLC, Owens Corning GlassMetal Services (Suzhou) Co. Ltd., Owens Corning Global Holdings II Limited Partnership, Owens Corning Global Holdings Limited Partnership, Owens Corning HOMExperts Inc., Owens Corning HT Inc., Owens Corning Holdings 1 CV, Owens Corning Holdings 3 CV, Owens Corning Holdings 4 CV, Owens Corning Holdings 5 CV, Owens Corning Holdings Holland B.V., Owens Corning Hong Kong Limited, Owens Corning Industries (India) Private Limited, Owens Corning Infrastructure Solutions LLC, Owens Corning Insulating Systems Canada GP Inc., Owens Corning Insulating Systems Canada LP, Owens Corning Insulating Systems LLC, Owens Corning Intellectual Capital LLC, Owens Corning InterWrap Canada GP Inc., Owens Corning InterWrap Canada LP, Owens Corning International Holdings C.V., Owens Corning Japan LLC, Owens Corning Kohold B.V., Owens Corning Korea, Owens Corning Mexico S. de R.L. de C.V., Owens Corning Mineral Wool LLC, Owens Corning Non-Woven - Blythewood LLC, Owens Corning Non-Woven Technology LLC, Owens Corning Receivables LLC, Owens Corning Reinforcements (Hangzhou) Co. Ltd., Owens Corning Remodeling Systems LLC, Owens Corning Roofing S. de R.L. de C.V., Owens Corning Roofing and Asphalt LLC, Owens Corning Sales LLC, Owens Corning Science and Technology LLC, Owens Corning Supplementary Pension Plan Limited, Owens Corning Technical Fabrics LLC, Owens Corning Treasury Services LLC, Owens Corning U.S. Holdings LLC, Owens Cornings (Hangzhou) Fiberglass Co. Ltd., Owens-Corning Britinvest Limited, Owens-Corning Cayman Limited, Owens-Corning Fiberglas Deutschland GmbH, Owens-Corning Funding Corporation, Owens-Corning Veil Netherlands B.V., Owens-Corning Veil U.K. Ltd., Paroc AB, Paroc GmbH, Paroc Group, Paroc Group Oy, Paroc Limited, Paroc Oy Ab, Paroc Polska Sp. z o.o., Pittsburgh Corning, Pittsburgh Corning (United Kingdom) Limited, Pittsburgh Corning (Yantai) Insulation Materials Co. Ltd, Pittsburgh Corning Asia Limited, Pittsburgh Corning CR S.R.O., Pittsburgh Corning Europe N.V., Pittsburgh Corning France, Pittsburgh Corning Gesellschaft m.b.h., Pittsburgh Corning LLC, Pittsburgh Corning Nederland B.V., Pittsburgh Corning Singapore Pte. Ltd, Pittsburgh Corning Suisse SA, Qingdao Novia Polymer Co. Ltd., SIA Paroc, Soltech Inc., The Modulo /ParMur Group, Thermafiber, Thermafiber Inc., Transandina de Comercio S.A., UAB Paroc, UC Industries, and Vitro Fibras.

Owens Corning was founded in 1938.

The official website for Owens Corning is www.owenscorning.com.

Owens Corning is headquartered at ONE OWENS CORNING PARKWAY, TOLEDO OH, 43659.

Owens Corning's mailing address is ONE OWENS CORNING PARKWAY, TOLEDO OH, 43659. The construction company can be reached via phone at 419-248-8000 or via email at [email protected]