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

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$46.28 -1.14 (-2.40 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$46.28
Today's Range$45.8560 - $47.11
52-Week Range$40.64 - $83.99
Volume1.68 million shs
Average Volume1.60 million shs
Market Capitalization$5.07 billion
P/E Ratio9.37
Dividend Yield1.86%
Beta1.2
Owens Corning, together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composites; and residential, commercial, and industrial 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 distributors, home centers, lumberyards, retailers, 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

Industry Abrasive, asbestos, & miscellaneous nonmetallic mineral products
Sub-IndustryBuilding Products
SectorConstruction
CUSIP69074210
Phone419-248-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.06 billion
Cash Flow$8.7818 per share
Book Value$39.55 per share

Profitability

Net Income$545 million

Miscellaneous

Employees20,000
Market Cap$5.07 billion
Next Earnings Date4/24/2019 (Estimated)
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 declared a quarterly dividend on Friday, February 8th. Investors of record on Friday, March 8th will be paid a dividend of $0.22 per share on Tuesday, April 2nd. This represents a $0.88 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Thursday, March 7th. View Owens Corning's Dividend History.

How were Owens Corning's earnings last quarter?

Owens Corning (NYSE:OC) announced its earnings results on Wednesday, February, 20th. The construction company reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.09. The construction company earned $1.72 billion during the quarter, compared to the consensus estimate of $1.69 billion. Owens Corning had a net margin of 7.72% and a return on equity of 12.92%. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.11 EPS. 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, April 24th 2019. View Earnings Estimates for Owens Corning.

What price target have analysts set for OC?

18 equities research analysts have issued twelve-month price targets for Owens Corning's shares. Their predictions range from $45.00 to $109.00. On average, they expect Owens Corning's share price to reach $70.6640 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Price Targets for Owens Corning.

What is the consensus analysts' recommendation for Owens Corning?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last year. There are currently 1 sell rating, 9 hold ratings and 8 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?

News headlines about OC stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Owens Corning earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Owens Corning's key competitors?

What other stocks do shareholders of Owens Corning own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens Corning investors own include Micron Technology (MU), Intel (INTC), Energy Transfer LP Unit (ET), Ford Motor (F), General Electric (GE), Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA), Centurylink (CTL) and Gilead Sciences (GILD).

Who are Owens Corning's key executives?

Owens Corning's management team includes the folowing people:
  • Mr. Michael H. Thaman, Chairman & CEO (Age 55)
  • Mr. Brian D. Chambers, Pres & COO (Age 52)
  • Mr. Michael C. McMurray, Sr. VP & CFO (Age 54)
  • Mr. Daniel T. Smith, Sr. VP of Organization & Admin. (Age 54)
  • Mr. Thierry J. Denis, VP of Investor Relations

Who are Owens Corning's major shareholders?

Owens Corning's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Boston Partners (7.15%), BlackRock Inc. (5.89%), Barrow Hanley Mewhinney & Strauss LLC (3.49%), Dimensional Fund Advisors LP (2.89%), Victory Capital Management Inc. (2.86%) and Oregon Public Employees Retirement Fund (1.95%). 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, Marcio A Sandri, Michael C Mcmurray, Michael H Thaman and W Howard Morris. View Institutional Ownership Trends for Owens Corning.

Which major investors are selling Owens Corning stock?

OC stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Bank of Montreal Can, BlackRock Inc., Amundi Pioneer Asset Management Inc., Bank of America Corp DE, Barrow Hanley Mewhinney & Strauss LLC, Rothschild & Co. Asset Management US Inc. and KBC Group NV. Company insiders that have sold Owens Corning company stock in the last year include Daniel T Smith, Marcio A Sandri and W Howard Morris. View Insider Buying and Selling for Owens Corning.

Which major investors are buying Owens Corning stock?

OC stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Park Presidio Capital LLC, Millennium Management LLC, Two Sigma Advisers LP, Victory Capital Management Inc., Bank of Nova Scotia and Prudential Financial 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 $46.28.

How big of a company is Owens Corning?

Owens Corning has a market capitalization of $5.07 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  590 (Vote Outperform)
Underperform Votes:  568 (Vote Underperform)
Total Votes:  1,158
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 3/23/2019 by MarketBeat.com Staff

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