Owens Corning Company Profile (NYSE:OC)

About Owens Corning

Owens Corning logoOwens Corning is a holding company, which is engaged in the business of composite and building materials systems. The Company's products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind-energy and other markets to insulation and roofing for residential, commercial and industrial applications. The Company operates in three segments, namely, Composites, Insulation and Roofing. Its Composites segment consists of its Reinforcements and Downstream businesses. The Company's Insulation products include thermal and acoustical batts, loosefill insulation, foam sheathing and accessories, and are sold under various brand names, such as Owens Corning PINK FIBERGLAS Insulation. The Company's primary products in the Roofing segment are laminate and strip asphalt roofing shingles. It sells shingles and roofing accessories primarily through home centers, lumberyards, retailers, distributors and contractors in the United States.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: General Building Materials
  • Sub-Industry: Building Products
  • Exchange: NYSE
  • Symbol: OC
  • CUSIP: 69074210
Key Metrics:
  • Previous Close: $54.28
  • 50 Day Moving Average: $53.53
  • 200 Day Moving Average: $51.25
  • 52-Week Range: $38.95 - $58.69
  • Trailing P/E Ratio: 15.32
  • Foreward P/E Ratio: 14.71
  • P/E Growth: 1.05
  • Market Cap: $6.23B
  • Outstanding Shares: 114,750,000
  • Beta: 1.6
Profitability:
  • Net Margins: 7.52%
  • Return on Equity: 10.57%
  • Return on Assets: 5.33%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 1.54%
  • Quick Ratio: 0.88%
Additional Links:
Companies Related to Owens Corning:

Analyst Ratings

Consensus Ratings for Owens Corning (NYSE:OC) (?)
Ratings Breakdown: 3 Sell Ratings, 8 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.18)
Consensus Price Target: $54.40 (0.22% upside)

Analysts' Ratings History for Owens Corning (NYSE:OC)
Show:
DateFirmActionRatingPrice TargetDetails
9/29/2016Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
9/23/2016Bank of America Corp.Initiated CoverageNeutral$59.00View Rating Details
8/11/2016Credit Suisse Group AGInitiated CoverageUnderperform$51.00View Rating Details
7/29/2016Citigroup Inc.Boost Price TargetSell$41.00 -> $43.00View Rating Details
7/29/2016FBR & CoBoost Price TargetMarket Perform$53.00 -> $57.00View Rating Details
7/28/2016MKM PartnersReiterated RatingSellView Rating Details
7/28/2016RBC Capital MarketsReiterated RatingOutperform$57.00 -> $62.00View Rating Details
7/28/2016Jefferies GroupReiterated RatingBuy$61.00 -> $63.00View Rating Details
7/28/2016Stifel NicolausBoost Price TargetBuy$55.00 -> $61.00View Rating Details
7/28/2016Royal Bank Of CanadaBoost Price TargetOutperform$57.00 -> $62.00View Rating Details
7/11/2016Goldman Sachs Group Inc.UpgradeSell -> Neutral$51.00 -> $58.00View Rating Details
7/6/2016WedbushBoost Price TargetNeutral$52.00 -> $58.00View Rating Details
4/28/2016Zelman & AssociatesDowngradeBuy -> HoldView Rating Details
2/11/2016Barclays PLCLower Price TargetOverweight$55.00 -> $54.00View Rating Details
1/21/2016Longbow ResearchUpgradeNeutral -> Buy$51.00View Rating Details
12/9/2015MacquarieReiterated RatingNeutral$46.00 -> $47.00View Rating Details
10/22/2015SunTrust Banks Inc.DowngradeBuy -> Neutral$51.00 -> $48.00View Rating Details
7/22/2015JPMorgan Chase & Co.Reiterated RatingHoldView Rating Details
6/26/2015CL KingUpgradeNeutral -> BuyView Rating Details
6/23/2015Vertical ResearchUpgradeBuyView Rating Details
6/22/2015Northcoast ResearchUpgradeNeutral -> Buy$50.00View Rating Details
4/13/2015Evercore ISIInitiated CoverageHoldView Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Owens Corning (NYSE:OC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2016        
7/27/2016Q216$0.86$1.29$1.46 billion$1.55 billionViewListenView Earnings Details
4/27/2016Q116$0.34$0.53$1.24 billion$1.23 billionViewListenView Earnings Details
2/10/2016Q415$0.44$0.66$1.28 billion$1.30 billionViewListenView Earnings Details
10/21/2015Q315$0.68$0.96$1.42 billion$1.46 billionViewListenView Earnings Details
7/22/2015Q215$0.54$0.79$1.41 billion$1.41 billionViewListenView Earnings Details
4/22/2015Q115$0.13$0.19$1.24 billion$1.21 billionViewN/AView Earnings Details
2/11/2015Q414$0.43$0.47$1.31 billion$1.26 billionViewN/AView Earnings Details
10/22/2014Q314$0.50$0.63$1.39 billion$1.38 billionViewListenView Earnings Details
7/23/2014Q214$0.46$0.38$1.32 billion$1.36 billionViewN/AView Earnings Details
4/23/2014Q114$0.35$0.29$1.34 billion$1.28 billionViewN/AView Earnings Details
2/11/2014Q413$0.27$0.44$1.21 billion$1.28 billionViewN/AView Earnings Details
10/23/2013Q313$0.66$0.53$1.40 billion$1.32 billionViewN/AView Earnings Details
7/24/2013Q2 2013$0.71$0.57$1.46 billion$1.35 billionViewN/AView Earnings Details
4/24/2013Q1 2013$0.22$0.29$1.35 billion$1.35 billionViewN/AView Earnings Details
2/20/2013Q4 2012$0.16$0.11$1.16 billion$1.16 billionViewListenView Earnings Details
10/24/2012$0.35$0.33ViewN/AView Earnings Details
8/1/2012$0.64$0.54ViewN/AView Earnings Details
4/25/2012$0.30$0.09ViewN/AView Earnings Details
2/15/2012$0.48$0.40ViewN/AView Earnings Details
10/26/2011$0.76$0.90ViewN/AView Earnings Details
8/3/2011$0.58$0.61ViewN/AView Earnings Details
4/27/2011$0.36$0.20ViewN/AView Earnings Details
2/16/2011$0.19$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Owens Corning (NYSE:OC)
Current Year EPS Consensus Estimate: $3.4 EPS
Next Year EPS Consensus Estimate: $3.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$0.29$0.39$0.35
Q2 20167$0.78$0.93$0.87
Q3 20167$0.93$1.09$0.99
Q4 20168$0.55$0.81$0.66
Q1 20171$0.49$0.49$0.49
Q2 20171$1.03$1.03$1.03
Q3 20171$1.14$1.14$1.14
Q4 20171$0.77$0.77$0.77
Q1 20181$0.56$0.56$0.56
Q2 20181$1.08$1.08$1.08
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Owens Corning (NYSE:OC)
Annual Dividend:$0.72
Dividend Yield:1.33%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:20.28% (Based on Trailing 12 Months of Earnings)
21.18% (Based on Current Year Consensus EPS Estimate)
19.51% (Based on Next Year Consensus EPS Estimate)

Dividend History for Owens Corning (NYSE:OC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/16/2016quarterly$0.181.41%10/13/201610/17/201611/2/2016
6/16/2016quarterly$0.181.44%7/14/20167/18/20168/2/2016
2/10/2016quarterly$0.181.75%3/9/20163/11/20164/4/2016
12/4/2015quarterly$0.171.43%12/30/20151/4/20161/19/2016
9/17/2015quarterly$0.171.47%10/15/201510/19/201511/3/2015
6/18/2015quarterly$0.171.7%7/16/20157/20/20158/4/2015
2/11/2015quarterly$0.171.76%3/11/20153/13/20154/2/2015
12/5/2014quarterly$0.161.82%12/31/20141/5/20151/20/2015
9/19/2014quarterly$0.161.94%10/16/201410/20/201411/4/2014
6/12/2014quarterly$0.161.54%7/10/20147/14/20147/29/2014
2/12/2014special$0.163/12/20143/14/20144/3/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Owens Corning (NYSE:OC)
Insider Ownership Percentage: 2.00%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Arnaud GenisInsiderSell66,619$54.68$3,642,726.92View SEC Filing  
8/23/2016Kelly SchmidtVPSell13,200$54.41$718,212.00View SEC Filing  
8/8/2016Daniel T SmithVPSell9,376$54.11$507,335.36View SEC Filing  
8/8/2016James J McmonagleDirectorSell17,489$53.64$938,109.96View SEC Filing  
8/4/2016Daniel T SmithVPSell1,300$54.01$70,213.00View SEC Filing  
8/3/2016Daniel T SmithVPSell13,700$54.00$739,800.00View SEC Filing  
8/1/2016Michael H ThamanChairmanSell150,000$53.19$7,978,500.00View SEC Filing  
7/29/2016Daniel T. SmithVPSell400$54.00$21,600.00View SEC Filing  
7/29/2016W Howard MorrisDirectorSell4,000$53.25$213,000.00View SEC Filing  
4/11/2016Kelly SchmidtVPSell2,000$50.00$100,000.00View SEC Filing  
11/24/2015W Howard MorrisDirectorSell3,000$47.13$141,390.00View SEC Filing  
11/17/2015F Philip HandyDirectorSell13,000$46.94$610,220.00View SEC Filing  
11/2/2015Michael H. ThamanCEOSell100,000$46.02$4,602,000.00View SEC Filing  
10/28/2015Daniel T. SmithVPSell33,100$46.19$1,528,889.00View SEC Filing  
10/23/2015Michael C McmurrayCFOSell11,000$45.52$500,720.00View SEC Filing  
12/4/2014J Brian FergusonDirectorBuy8,400$35.82$300,888.00View SEC Filing  
12/2/2014Arnaud GenisInsiderSell16,905$35.51$600,296.55View SEC Filing  
11/18/2014Arnaud GenisInsiderSell20,000$34.50$690,000.00View SEC Filing  
11/6/2014Arnaud GenisInsiderSell2,200$33.18$72,996.00View SEC Filing  
5/7/2014John William ChristyVPSell4,779$40.00$191,160.00View SEC Filing  
3/14/2014Daniel SmithVPSell3,000$42.61$127,830.00View SEC Filing  
3/5/2014Arnaud GenisInsiderSell33,125$46.08$1,526,400.00View SEC Filing  
2/27/2014Ralph HakeDirectorSell2,000$45.71$91,420.00View SEC Filing  
2/18/2014Kelly SchmidtVPSell2,300$44.56$102,488.00View SEC Filing  
11/11/2013Michael McmurrayCFOBuy3,000$35.79$107,370.00View SEC Filing  
10/25/2013Edward F LonerganDirectorBuy2,000$37.75$75,500.00View SEC Filing  
5/17/2013Daniel T SmithVPSell9,228$44.58$411,384.24View SEC Filing  
1/17/2013John William ChristyVPSell3,750$40.00$150,000.00View SEC Filing  
11/1/2012David L JohnsSVPSell17,653$33.74$595,612.22View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Owens Corning (NYSE:OC)
DateHeadline
capitalcube.com logoOwens Corning breached its 50 day moving average in a Bullish Manner : OC-US : September 28, 2016 (NYSE:OC)
www.capitalcube.com - September 28 at 11:35 AM
News IconActive Broker's Concerns In Focus- Masco Corporation (NYSE:MAS), Owens Corning (NYSE:OC) - Street Wise Report (press release) (blog) (NYSE:OC)
streetwisereport.com - September 27 at 6:24 PM
News IconIt's Earnings Time: What to Do with Owens Corning (NYSE:OC) Stock - The Voice Registrar (NYSE:OC)
voiceregistrar.com - September 27 at 6:24 PM
businesswire.com logoOwens Corning to Present Four Sessions at CAMX Show in Anaheim - Business Wire (press release) (NYSE:OC)
www.businesswire.com - September 27 at 6:24 PM
mysmartrend.com logoLook for Shares of Owens Corning to Potentially Pullback after Yesterday's 1.14% Rise (NYSE:OC)
www.mysmartrend.com - September 27 at 11:08 AM
News IconStock Buzzer on Short Call- Weyerhaeuser Co. (NYSE:WY), Owens Corning (NYSE:OC) - Seneca Globe (NYSE:OC)
www.senecaglobe.com - September 26 at 6:38 PM
directorstalkinterviews.com logoOwens Corning 12.3% Potential Upside Now Implied by BofA/Merrill - DirectorsTalk Interviews (NYSE:OC)
www.directorstalkinterviews.com - September 26 at 11:16 AM
mysmartrend.com logoSmarTrend Watching for Potential Pullback in Shares of Owens Corning After 2.37% Gain (NYSE:OC)
www.mysmartrend.com - September 23 at 6:03 PM
biz.yahoo.com logoOWENS CORNING Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:OC)
biz.yahoo.com - September 23 at 11:14 AM
News IconAnalysts Valuations For Two Stocks: Owens Corning (NYSE:OC), Polaris Industries Inc. (NYSE:PII) - The Voice Registrar (NYSE:OC)
voiceregistrar.com - September 22 at 11:23 AM
News IconOwens Corning (NYSE:OC) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NYSE:OC)
voiceregistrar.com - September 22 at 11:23 AM
mysmartrend.com logoWatch for Owens Corning to Potentially Rebound After Falling 1.01% Yesterday (NYSE:OC)
www.mysmartrend.com - September 17 at 10:58 AM
seekingalpha.com logoOwens Corning declares $0.18 dividend (NYSE:OC)
seekingalpha.com - September 17 at 10:58 AM
News IconAnalysts Valuations For Two Stocks: Great Plains Energy ... - The Voice Registrar (NYSE:OC)
voiceregistrar.com - September 16 at 6:19 PM
forbes.com logoOwens Corning is Oversold (NYSE:OC)
www.forbes.com - September 16 at 11:54 AM
prnewswire.com logoGeneral Building Materials Stocks Technical Reports -- Masco, USG Corp., Builders FirstSource, and Owens Corning - PR Newswire (press release) (NYSE:OC)
www.prnewswire.com - September 16 at 10:03 AM
streetinsider.com logoOwens Corning (OC) Declares $0.18 Quarterly Dividend; 1.4% Yield - StreetInsider.com (NYSE:OC)
www.streetinsider.com - September 16 at 10:03 AM
capitalcube.com logoOwens Corning – Value Analysis (NYSE:OC) : September 13, 2016 (NYSE:OC)
www.capitalcube.com - September 14 at 10:50 AM
capitalcube.com logoOwens Corning breached its 50 day moving average in a Bearish Manner : OC-US : September 12, 2016 (NYSE:OC)
www.capitalcube.com - September 12 at 11:08 AM
businesswire.com logoOwens Corning Earns Place on Dow Jones Sustainability World Index for Seventh Straight Year - Business Wire (press release) (NYSE:OC)
www.businesswire.com - September 10 at 10:48 AM
publicnow.com logoOwens Corning Earns Place on Dow Jones Sustainability World Index for Seventh Straight Year (NYSE:OC)
www.publicnow.com - September 9 at 11:14 AM
marketnewsvideo.com logoOwens Corning Larger Than S&P 500 Component FMC (NYSE:OC)
www.marketnewsvideo.com - September 1 at 9:43 AM
News IconRaising glass fibre output in India / USD 110m investment to meet growing regional and global demand (NYSE:OC)
www.plasteurope.com - August 31 at 11:35 AM
News IconStock Up Over the Past Five Trading Days: Owens Corning (NYSE:OC) - Post News (NYSE:OC)
www.kentuckypostnews.com - August 30 at 9:52 AM
capitalcube.com logoETF’s with exposure to Owens Corning : August 29, 2016 (NYSE:OC)
www.capitalcube.com - August 29 at 6:21 PM
marketnewsvideo.com logoShort Interest Increases 43.5% For OC (NYSE:OC)
www.marketnewsvideo.com - August 25 at 6:36 PM
4-traders.com logoOwens Corning : to Invest $110 Million in India Composites Operations (NYSE:OC)
www.4-traders.com - August 24 at 6:19 PM
News IconInsider Trading Update: Owens Corning (NYSE:OC) - The Voice Registrar (NYSE:OC)
voiceregistrar.com - August 20 at 6:15 PM
finance.yahoo.com logoPetersenDean Roofing & Solar Selected to Join Premier Owens Corning Roofing Platinum Preferred Contractor Network (NYSE:OC)
finance.yahoo.com - August 18 at 6:44 PM
capitalcube.com logoETF’s with exposure to Owens Corning : August 12, 2016 (NYSE:OC)
www.capitalcube.com - August 12 at 6:42 PM
News IconIt's Earnings Time: What to Do with Owens Corning (OC) Stock - The Voice Registrar (NYSE:OC)
voiceregistrar.com - August 12 at 9:49 AM
benzinga.com logoCredit Suisse Initiates Owens Corning At Underperform, Expects Roofing Demand To Be 'Modest' (NYSE:OC)
www.benzinga.com - August 11 at 9:49 AM
thestreet.com logoThe Difference Between Trading and Investing, in 2 Stocks (NYSE:OC)
realmoney.thestreet.com - August 11 at 9:49 AM
tradecalls.org logoCitigroup Maintains Owens Corning to Sell with Price Target $43.00 (NYSE:OC)
www.tradecalls.org - August 9 at 6:51 PM
tradecalls.org logoCitigroup Maintains Owens Corning to Sell with Price Target $43.00 - Trade Calls (NYSE:OC)
www.tradecalls.org - August 8 at 6:48 PM
capitalcube.com logoOwens Corning :OC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:OC)
www.capitalcube.com - August 8 at 6:48 PM
biz.yahoo.com logoOWENS CORNING Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:OC)
biz.yahoo.com - August 8 at 11:15 AM
stocksdaily.net logoOwens Corning Inc (NYSE:OC): The Buzzing Stock | Stocks Daily - Stocks Daily (NYSE:OC)
www.stocksdaily.net - August 6 at 6:41 PM
fidaily.com logoOwens Corning Inc Common Stock (NYSE:OC) Trading Down – Insiders Selling, Short Interest Growing (NYSE:OC)
www.fidaily.com - August 6 at 9:26 AM
feeds.reuters.com logoBRIEF-Owens Corning files for senior notes offering up to $400 mln (NYSE:OC)
feeds.reuters.com - August 5 at 8:20 AM
News IconOwens Corning Gives Boost to EnergyLogic’s Edutainment-based Training Alternative (NYSE:OC)
www.ssuchronicle.com - August 4 at 7:01 PM
fidaily.com logoGreenhaven Associates Inc Sold A Little More Owens Corning Inc Common Stock (OC) Stock (NYSE:OC)
www.fidaily.com - August 4 at 7:01 PM
forbes.com logoMaking a Contrarian Case for Owens Corning - Forbes (NYSE:OC)
www.forbes.com - August 4 at 9:45 AM
moodys.com logoMoody's assigns Ba1 rating to Owens Corning's proposed $400 ... - Moodys.com (press release) (subscription) (NYSE:OC)
www.moodys.com - August 4 at 9:45 AM
streetinsider.com logoS&P Upgrades Owens Corning (OC) to 'BBB'; Outlook is Stable - StreetInsider.com (NYSE:OC)
www.streetinsider.com - August 4 at 9:45 AM
moodys.com logoMoody's assigns Ba1 rating to Owens Corning's proposed $400 million unsecured ... (NYSE:OC)
www.moodys.com - August 3 at 6:57 PM
moodys.com logoOwens Corning -- Moody's assigns Ba1 rating to Owens Corning's proposed $400 million unsecured notes due 2026, affirms Ba1 CFR; upgrades liquidity rating to SGL-1; rating outlook stable (NYSE:OC)
www.moodys.com - August 3 at 6:57 PM
forbes.com logoMaking a Contrarian Case for Owens Corning (NYSE:OC)
www.forbes.com - August 3 at 6:57 PM
finance.yahoo.com logoOwens-corning Inc (OC) Chairman, President and CEO Michael H Thaman Sold $8 million of Stocks (NYSE:OC)
finance.yahoo.com - August 3 at 9:51 AM
finance.yahoo.com logoOWENS CORNING Financials (NYSE:OC)
finance.yahoo.com - August 2 at 6:54 PM

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Owens Corning (NYSE:OC) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff