NYSE:OC - Owens Corning Stock Price, Forecast & News

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

Owens Corning declared a quarterly dividend on Thursday, December 5th. Stockholders of record on Friday, January 3rd will be paid a dividend of $0.24 per share on Friday, January 17th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.44%. This is a positive change from Owens Corning's previous quarterly dividend of $0.22. View Owens Corning's Dividend History.

Owens Corning (NYSE:OC) issued its quarterly earnings data on Wednesday, October, 23rd. The construction company reported $1.63 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.50 by $0.13. The construction company had revenue of $1.88 billion for the quarter, compared to analysts' expectations of $1.86 billion. Owens Corning had a net margin of 6.99% and a return on equity of 12.14%. The firm's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.54 earnings per share. View Owens Corning's Earnings History.

Owens Corning is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Owens Corning.

17 analysts have issued twelve-month target prices for Owens Corning's shares. Their forecasts range from $48.00 to $80.00. On average, they anticipate Owens Corning's share price to reach $65.73 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Owens Corning.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Owens Corning.

Media coverage about OC stock has trended very negative recently, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Owens Corning earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Owens Corning.

Owens Corning saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 6,860,000 shares, a drop of 10.3% from the October 31st total of 7,650,000 shares. Based on an average daily volume of 1,900,000 shares, the short-interest ratio is presently 3.6 days. Approximately 6.4% of the shares of the stock are sold short. View Owens Corning's Current Options Chain.

Some companies that are related to Owens Corning include Masco (MAS), Lennox International (LII), Fortune Brands Home & Security (FBHS), A. O. Smith (AOS), Trex (TREX), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), Universal Forest Products (UFPI), Builders FirstSource (BLDR), AAON (AAON), American Woodmark (AMWD), Gibraltar Industries (ROCK), Patrick Industries (PATK), Apogee Enterprises (APOG) and Griffon (GFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens Corning investors own include Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Centurylink (CTL), D. R. Horton (DHI), Cornerstone Total Return Fund (CRF), Intel (INTC), CBL & Associates Properties (CBL), UnitedHealth Group (UNH) and Johnson & Johnson (JNJ).

Owens Corning's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Partners (7.87%), State Street Corp (3.88%), Maverick Capital Ltd. (2.97%), Massachusetts Financial Services Co. MA (2.45%), Fairpointe Capital LLC (0.62%) and Millennium Management LLC (0.51%). Company insiders that own Owens Corning stock include Arnaud Genis, Ava Harter, Daniel T Smith, Gunner Smith, Julian Francis, Kelly Schmidt, Marcio A Sandri, Michael H Thaman 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 Millennium Management LLC, Fairpointe Capital LLC, Maverick Capital Ltd., ANTIPODES PARTNERS Ltd, First Trust Advisors LP, Skylands Capital LLC, Sumitomo Mitsui Trust Holdings Inc. and Teacher Retirement System of Texas. Company insiders that have sold Owens Corning company stock in the last year include Ava Harter, Daniel T Smith, Gunner Smith, Julian Francis, Kelly Schmidt, Marcio A Sandri, Michael H Thaman and W Howard Morris. View Insider Buying and Selling for Owens Corning.

OC stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Boston Partners, Phoenix Holdings Ltd., Columbus Circle Investors, Massachusetts Financial Services Co. MA, Rhumbline Advisers, Retirement Systems of Alabama and Mackay Shields LLC. View Insider Buying and Selling for Owens Corning.

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

One share of OC stock can currently be purchased for approximately $66.47.

Owens Corning has a market capitalization of $7.23 billion and generates $7.06 billion in revenue each year. The construction company earns $545 million in net income (profit) each year or $4.94 on an earnings per share basis. Owens Corning employs 20,000 workers across the globe.View Additional Information About Owens Corning.

The official website for Owens Corning is http://www.owenscorning.com/.

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]