Owens Corning Company Profile (NYSE:OC)

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

Owens Corning announced a quarterly dividend on Friday, September 22nd. Stockholders of record on Monday, October 16th will be given a dividend of $0.20 per share on Thursday, November 2nd. This represents a $0.80 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Friday, October 13th. View Owens Corning's Dividend History.

Owens Corning Inc (NYSE:OC) posted its earnings results on Wednesday, July, 26th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.12. The business earned $1.60 billion during the quarter, compared to analysts' expectations of $1.48 billion. Owens Corning had a return on equity of 11.12% and a net margin of 6.61%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the company posted $1.29 EPS. View Owens Corning's Earnings History.

Owens Corning is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Owens Corning.

21 equities research analysts have issued 1-year price objectives for Owens Corning's shares. Their predictions range from $56.00 to $84.00. On average, they expect Owens Corning's share price to reach $72.67 in the next twelve months. View Analyst Ratings for Owens Corning.

Here are some recent quotes from research analysts about Owens Corning stock:

• 1. According to Zacks Investment Research, "Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and stone, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications. Owens Corning has become a market-leading innovator of glass-fiber technology with sales. " (6/28/2017)
• 2. Jefferies Group LLC analysts commented, "We hosted investor meetings with Mike Thaman (CEO) & Thierry Dennis (VP IR) this week, with investors squarely focused on insulation. We walked away comfortable that the insulation market is poised for higher prices and that margins could return to levels comparable to the last cycle in the next few years. Further, we are now more confident that the pent up demand in re-roofing is getting released and margins should remain high." (3/23/2017)
• 3. Stifel Nicolaus analysts commented, "Owens Corning reported Q4 and 2016 results that beat consensus with full year adjusted EBIT of $746 million. The company expects volume growth in all segments except roofing demand from storm activity. Price increases have been announced in insulation and roofing in the first quarter. Segment EBIT guidance was basically in-line with our previous estimates with two of the three segments expecting to be higher in 2017. We have increased our EBITDA estimate to $1,136 million and our price target to $64." (2/9/2017)

Owens Corning saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 3,305,450 shares, an increase of 54.4% from the July 31st total of 2,140,988 shares. Based on an average trading volume of 913,531 shares, the short-interest ratio is presently 3.6 days. Currently, 3.0% of the company's shares are sold short.

Some companies that are related to Owens Corning include Vulcan Materials Company (VMC), D.R. Horton (DHI), Cemex S.A.B. de C.V. (CX), Martin Marietta Materials (MLM), Masco Corporation (MAS), Lennar Corporation (LEN), United Rentals (URI), NVR (NVR), Lennar Corporation (LEN.B), Rollins (ROL), PulteGroup (PHM), Lennox International (LII), Jacobs Engineering Group (JEC), Acuity Brands (AYI), RPM International (RPM), Toll Brothers (TOL), ServiceMaster Global Holdings (SERV) and James Hardie Industries PLC. (JHX).

Owens Corning's management team includes the folowing people:

• Michael H. Thaman, Chairman of the Board, President, Chief Executive Officer
• Michael C. McMurray, Chief Financial Officer, Senior Vice President
• Brain D. Chambers, President - Roofing and Asphalt
• Julian Francis, President - Insulation Business
• Arnaud Genis, Group President - Composite Solutions
• Ava A. Harter, Senior Vice President, General Counsel, Secretary
• Daniel T. Smith CPA, Senior Vice President- Organisation and Administration
• Thierry J. Denis, Vice President, IR Contact Officer
• Kelly J. Schmidt, Vice President, Controller
• John David Williams, Lead Independent Director

Owens Corning's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.50%), BlackRock Inc. (5.47%), Iridian Asset Management LLC CT (3.54%), Dimensional Fund Advisors LP (3.30%), AJO LP (2.88%) and Victory Capital Management Inc. (2.63%). Company insiders that own Owens Corning stock include Arnaud Genis, Brian Chambers, Daniel T Smith, F Philip Handy, James J Mcmonagle, Julian Francis, Kelly Schmidt, Michael C Mcmurray, Michael H Thaman, Ralph F Hake and W Howard Morris. View Institutional Ownership Trends for Owens Corning.

Owens Corning's stock was sold by a variety of institutional investors in the last quarter, including AJO LP, TIAA CREF Investment Management LLC, Iridian Asset Management LLC CT, Renaissance Technologies LLC, Sasco Capital Inc. CT, BlackRock Inc., Victory Capital Management Inc. and American Century Companies Inc.. Company insiders that have sold Owens Corning stock in the last year include Arnaud Genis, Brian Chambers, Daniel T Smith, James J Mcmonagle, Julian Francis, Kelly Schmidt, Michael C Mcmurray, Michael H Thaman and Ralph F Hake. View Insider Buying and Selling for Owens Corning.

Owens Corning's stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Boston Partners, FMR LLC, LSV Asset Management, Alleghany Corp DE, Scout Investments Inc., Numeric Investors LLC and Barometer Capital Management Inc.. View Insider Buying and Selling for Owens Corning.

Shares of Owens Corning can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Owens Corning stock can currently be purchased for approximately $75.77.