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

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$47.66 +0.29 (+0.61 %)
(As of 11/12/2018 01:26 PM ET)
Previous Close$47.37
Today's Range$46.94 - $47.88
52-Week Range$42.88 - $96.52
Volume18,870 shs
Average Volume2.33 million shs
Market Capitalization$5.18 billion
P/E Ratio10.81
Dividend Yield1.77%
Beta1.14
Owens Corning, together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composites; and residential and commercial building materials worldwide. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and manufactures and sells glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in pipe, roofing shingles, sporting goods, consumer electronics, telecommunications cables, boats, aviation, defense, automotive, industrial containers, and wind-energy applications in the building and construction, transportation, consumer, industrial, and power and energy markets. The Insulation segment manufactures and sells fiberglass insulation into residential, commercial, industrial, and other markets for thermal and acoustical applications; and manufactures and sells glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through home centers, lumberyards, retailers, distributors, and contractors, as well as to roofing contractors for built-up roofing asphalt systems and to manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was founded in 1938 and is headquartered in Toledo, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Abrasive, asbestos, & miscellaneous nonmetallic mineral products
Sub-IndustryBuilding Products
SectorConstruction
Current SymbolNYSE:OC
Previous Symbol
CUSIP69074210
Phone419-248-8000

Debt

Debt-to-Equity Ratio0.87
Current Ratio1.62
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio10.81
Forward P/E Ratio10.05
P/E Growth0.74

Sales & Book Value

Annual Sales$6.38 billion
Price / Sales0.82
Cash Flow$7.8647 per share
Price / Cash6.06
Book Value$38.47 per share
Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$4.40
Net Income$289 million
Net Margins5.33%
Return on Equity12.37%
Return on Assets5.31%

Miscellaneous

Employees17,000
Outstanding Shares109,320,000
Market Cap$5.18 billion
OptionableOptionable

Owens Corning (NYSE:OC) Frequently Asked Questions

What is Owens Corning's stock symbol?

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

How often does Owens Corning pay dividends? What is the dividend yield for Owens Corning?

Owens Corning announced a quarterly dividend on Thursday, September 20th. Investors of record on Tuesday, October 16th will be given a dividend of $0.21 per share on Friday, November 2nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Monday, October 15th. View Owens Corning's Dividend History.

How were Owens Corning's earnings last quarter?

Owens Corning (NYSE:OC) released its quarterly earnings results on Wednesday, October, 24th. The construction company reported $1.54 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.65 by $0.11. The construction company earned $1.82 billion during the quarter, compared to analyst estimates of $1.89 billion. Owens Corning had a return on equity of 12.37% and a net margin of 5.33%. The firm's revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 earnings per share. View Owens Corning's Earnings History.

When is Owens Corning's next earnings date?

Owens Corning is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Owens Corning.

What price target have analysts set for OC?

17 brokerages have issued 1-year price objectives for Owens Corning's stock. Their forecasts range from $45.00 to $109.00. On average, they anticipate Owens Corning's share price to reach $75.2640 in the next twelve months. This suggests a possible upside of 58.2% from the stock's current price. View Analyst Price Targets for Owens Corning.

What is the consensus analysts' recommendation for Owens Corning?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last year. There are currently 1 sell rating, 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens Corning.

Has Owens Corning been receiving favorable news coverage?

Headlines about OC stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative 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 negative five to positive five, with scores closest to five being the most favorable. Owens Corning earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Owens Corning's key competitors?

Who are Owens Corning's key executives?

Owens Corning's management team includes the folowing people:
  • Mr. Michael H. Thaman, Chairman & CEO (Age 54)
  • Mr. Brian D. Chambers, Pres & COO (Age 51)
  • Mr. Michael C. McMurray, Sr. VP & CFO (Age 53)
  • Mr. Daniel T. Smith, Sr. VP of Organization & Admin. (Age 53)
  • Mr. Thierry J. Denis, VP of Investor Relations

Who are Owens Corning's major shareholders?

Owens Corning's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.27%), Iridian Asset Management LLC CT (3.16%), Wells Fargo & Company MN (2.73%), Victory Capital Management Inc. (2.52%), Massachusetts Financial Services Co. MA (1.90%) and LSV Asset Management (1.78%). Company insiders that own Owens Corning stock include Arnaud Genis, Ava Harter, Brian Chambers, Daniel T Smith, James J Mcmonagle, John David Williams, Julian Francis, Kelly Schmidt, Michael C Mcmurray, Michael H Thaman, Ralph F Hake and W Howard Morris. View Institutional Ownership Trends for Owens Corning.

Which institutional investors are selling Owens Corning stock?

OC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Assenagon Asset Management S.A., Iridian Asset Management LLC CT, BlackRock Inc., Janus Henderson Group PLC, Victory Capital Management Inc., Canada Pension Plan Investment Board and Bank of New York Mellon Corp. Company insiders that have sold Owens Corning company stock in the last year include Arnaud Genis, Ava Harter, James J Mcmonagle, John David Williams, Michael C Mcmurray, Michael H Thaman and W Howard Morris. View Insider Buying and Selling for Owens Corning.

Which institutional investors are buying Owens Corning stock?

OC stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, First Trust Advisors LP, Rock Point Advisors LLC, Sarasin & Partners LLP, Prudential Financial Inc., John G Ullman & Associates Inc., Handelsbanken Fonder AB and United Capital Management of KS Inc.. View Insider Buying and Selling for Owens Corning.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Owens Corning's stock price today?

One share of OC stock can currently be purchased for approximately $47.59.

How big of a company is Owens Corning?

Owens Corning has a market capitalization of $5.18 billion and generates $6.38 billion in revenue each year. The construction company earns $289 million in net income (profit) each year or $4.40 on an earnings per share basis. Owens Corning employs 17,000 workers across the globe.

What is Owens Corning's official website?

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

How can I contact Owens Corning?

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]


MarketBeat Community Rating for Owens Corning (NYSE OC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  567 (Vote Outperform)
Underperform Votes:  540 (Vote Underperform)
Total Votes:  1,107
MarketBeat's community ratings are surveys of what our community members think about Owens Corning and other stocks. Vote "Outperform" if you believe OC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/12/2018 by MarketBeat.com Staff

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