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NYSE:OC

Owens Corning (OC) Stock Price, News & Analysis

$180.08
+4.35 (+2.48%)
(As of 07/26/2024 ET)
Today's Range
$179.08
$183.32
50-Day Range
$165.34
$181.60
52-Week Range
$109.95
$184.00
Volume
593,239 shs
Average Volume
659,185 shs
Market Capitalization
$15.61 billion
P/E Ratio
14.58
Dividend Yield
1.33%
Price Target
$183.92

Owens Corning MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
2.1% Upside
$183.92 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.97
Upright™ Environmental Score
News Sentiment
1.49mentions of Owens Corning in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$3.44 M Sold Last Quarter
Proj. Earnings Growth
13.41%
From $15.44 to $17.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.44 out of 5 stars

Construction Sector

11th out of 101 stocks

Abrasive, Asbestos, & Miscellaneous Nonmetallic Mineral Products Industry

1st out of 1 stocks

OC stock logo

About Owens Corning Stock (NYSE:OC)

Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications. This segment sells its products through distributors, home centers, and lumberyards, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and composite lumber. Its products are used in building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The company was incorporated in 1938 and is headquartered in Toledo, Ohio.

OC Stock Price History

OC Stock News Headlines

New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Employee Q&A: Mental Health Awareness and Resources
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 8/2 Dividend
7/15/2024
Today
7/26/2024
Dividend Payable
8/02/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Abrasive, asbestos, & miscellaneous nonmetallic mineral products
Sub-Industry
Building Products
CUSIP
69074210
Employees
18,000
Year Founded
1938

Price Target and Rating

Average Stock Price Target
$183.92
High Stock Price Target
$215.00
Low Stock Price Target
$143.00
Potential Upside/Downside
+1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$1.20 billion
Pretax Margin
15.19%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$22.40 per share
Book Value
$58.34 per share

Miscellaneous

Free Float
85,886,000
Market Cap
$15.68 billion
Optionable
Optionable
Beta
1.42

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OC Stock Analysis - Frequently Asked Questions

How have OC shares performed this year?

Owens Corning's stock was trading at $148.23 at the beginning of the year. Since then, OC stock has increased by 21.5% and is now trading at $180.09.
View the best growth stocks for 2024 here
.

How were Owens Corning's earnings last quarter?

Owens Corning (NYSE:OC) released its earnings results on Wednesday, April, 24th. The construction company reported $3.59 EPS for the quarter, topping analysts' consensus estimates of $3.04 by $0.55. The business's revenue for the quarter was down 1.3% compared to the same quarter last year.

What is Brian Chambers' approval rating as Owens Corning's CEO?

73 employees have rated Owens Corning Chief Executive Officer Brian Chambers on Glassdoor.com. Brian Chambers has an approval rating of 87% among the company's employees.

Does Owens Corning have any subsidiaries?

Owens Corning subsidiaries include these companies: Paroc Group, Pittsburgh Corning, InterWrap, Thermafiber, FiberTEK Insulation, The Modulo /ParMur Group, Asahi Glass - Composites Business, and others.

Who are Owens Corning's major shareholders?

Owens Corning's top institutional shareholders include Bank of New York Mellon Corp (1.13%), AustralianSuper Pty Ltd (0.68%), Swedbank AB (0.41%) and Sumitomo Mitsui Trust Holdings Inc. (0.23%). Insiders that own company stock include Brian Chambers, Marcio A Sandri, Daniel T Smith, W Howard Morris, Gunner Smith, Todd W Fister, Paula Russell, Kelly Schmidt, Monaco Nicolas Del and Mari Doerfler.
View institutional ownership trends
.

How do I buy shares of Owens Corning?

Shares of OC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Owens Corning own?

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

This page (NYSE:OC) was last updated on 7/26/2024 by MarketBeat.com Staff

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