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. Shareholders of record on Friday, January 3rd will be given a dividend of $0.24 per share on Friday, January 17th. This represents a $0.96 annualized dividend and a yield of 1.44%. This is a boost from Owens Corning's previous quarterly dividend of $0.22. View Owens Corning's Dividend History.

Owens Corning (NYSE:OC) issued its quarterly earnings results 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 earned $1.88 billion during the quarter, compared to the consensus estimate of $1.86 billion. Owens Corning had a net margin of 6.99% and a return on equity of 12.14%. The company's revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 Wall Street analysts have issued 1 year price objectives 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 year. 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.

News headlines about OC stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Owens Corning earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near term. View News Stories for Owens Corning.

Owens Corning saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 6,860,000 shares, a decrease of 10.3% from the October 31st total of 7,650,000 shares. Based on an average daily trading volume, of 1,900,000 shares, the days-to-cover ratio is presently 3.6 days. Approximately 6.4% of the company's shares are short sold. 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 retail and institutional 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 acquired 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]