Owens Corning Stock Price, Forecast & Analysis (NYSE:OC)

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

Owens Corning declared a quarterly dividend on Thursday, September 19th. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.22 per share on Monday, November 4th. This represents a $0.88 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Friday, October 11th. 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, beating the Zacks' consensus estimate of $1.50 by $0.13. The construction company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.86 billion. Owens Corning had a return on equity of 12.14% and a net margin of 6.99%. The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.54 EPS. 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.

14 Wall Street analysts have issued 12-month price targets for Owens Corning's stock. Their forecasts range from $48.00 to $72.00. On average, they anticipate Owens Corning's stock price to reach $61.05 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Owens Corning.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Owens Corning.

Headlines about OC stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Owens Corning earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near future. View News Stories for Owens Corning.

Owens Corning saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 6,860,000 shares, a decrease of 10.3% from the September 30th total of 7,650,000 shares. Based on an average daily trading volume, of 1,900,000 shares, the short-interest ratio is currently 3.6 days. Currently, 6.4% of the shares of the company 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), Griffon (GFF) and Apogee Enterprises (APOG).

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), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), D. R. Horton (DHI), SunCoke Energy Partners (SXCP), Intel (INTC) and SandRidge Permian Trust (PER).

Owens Corning's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.45%), ANTIPODES PARTNERS Ltd (0.49%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Scout Investments Inc. (0.34%), Columbus Circle Investors (0.31%) and Fisher Asset Management LLC (0.29%). Company insiders that own Owens Corning stock include Arnaud Genis, Ava Harter, Daniel T Smith, Gunner Smith, James J Mcmonagle, John David Williams, Julian Francis, Kelly Schmidt, Marcio A Sandri, Michael C Mcmurray, 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 ANTIPODES PARTNERS Ltd, First Trust Advisors LP, Skylands Capital LLC, Sumitomo Mitsui Trust Holdings Inc., Teacher Retirement System of Texas, Coronation Fund Managers Ltd., Meeder Asset Management Inc. and Tower Research Capital LLC TRC . 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 acquired by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Massachusetts Financial Services Co. MA, Rhumbline Advisers, Retirement Systems of Alabama, Mackay Shields LLC, State of New Jersey Common Pension Fund D, Scout Investments Inc. and Texas Permanent School Fund. 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 $65.16.

Owens Corning has a market capitalization of $7.09 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]