S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:OC

Owens Corning (OC) Stock Forecast, Price & News

$93.22
+1.20 (+1.30%)
(As of 05/13/2022 06:40 PM ET)
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Today's Range
$92.42
$94.59
50-Day Range
$81.82
$98.17
52-Week Range
$79.35
$109.24
Volume
557,500 shs
Average Volume
999,260 shs
Market Capitalization
$9.05 billion
P/E Ratio
8.81
Dividend Yield
1.50%
Beta
1.37
30 days | 90 days | 365 days | Advanced Chart
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Owens Corning logo

About Owens Corning

Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt 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 manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

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Industry, Sector and Symbol

Industry
Abrasive, asbestos, & miscellaneous nonmetallic mineral products
Sub-Industry
Building Products
CUSIP
69074210
Employees
20,000
Year Founded
1938

Sales & Book Value

Annual Sales
$8.50 billion
Cash Flow
$14.63 per share
Book Value
$44.96 per share

Profitability

Net Income
$995 million
Pretax Margin
16.34%

Debt

Price-To-Earnings

Miscellaneous

Free Float
96,651,000
Market Cap
$9.05 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/7 Dividend
3/03/2022
Dividend Payable
4/07/2022
Last Earnings
4/27/2022
Today
5/16/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.03 out of 5 stars

Construction Sector

15th out of 134 stocks

Abrasive, Asbestos, & Miscellaneous Nonmetallic Mineral Products Industry

1st out of 2 stocks

Analyst Opinion: 3.2Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













Owens Corning (NYSE:OC) Frequently Asked Questions

Is Owens Corning a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Owens Corning stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OC, but not buy additional shares or sell existing shares.
View analyst ratings for Owens Corning
or view top-rated stocks.

When is Owens Corning's next earnings date?

Owens Corning is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Owens Corning
.

How were Owens Corning's earnings last quarter?

Owens Corning (NYSE:OC) announced its earnings results on Wednesday, April, 27th. The construction company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.42 by $0.42. The construction company earned $2.35 billion during the quarter, compared to analyst estimates of $2.23 billion. Owens Corning had a trailing twelve-month return on equity of 24.44% and a net margin of 12.20%. The company's revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the company posted $1.73 EPS.
View Owens Corning's earnings history
.

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

Owens Corning declared a quarterly dividend on Thursday, February 3rd. Investors of record on Friday, March 4th will be given a dividend of $0.35 per share on Thursday, April 7th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Thursday, March 3rd.
View Owens Corning's dividend history
.

Is Owens Corning a good dividend stock?

Owens Corning pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.50%. Owens Corning has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Owens Corning is 13.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Owens Corning will have a dividend payout ratio of 12.24% next year. This indicates that Owens Corning will be able to sustain or increase its dividend.
View Owens Corning's dividend history.

How will Owens Corning's stock buyback program work?

Owens Corning announced that its board has approved a share repurchase plan on Thursday, December 3rd 2020, which allows the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued.

What price target have analysts set for OC?

11 brokers have issued 1 year price objectives for Owens Corning's stock. Their forecasts range from $85.00 to $144.00. On average, they expect Owens Corning's share price to reach $110.36 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
View analysts' price targets for Owens Corning
or view top-rated stocks among Wall Street analysts.

Who are Owens Corning's key executives?
Owens Corning's management team includes the following people:
  • Mr. Brian D. Chambers, Pres, CEO & Chair (Age 55, Pay $4.12M)
  • Mr. Kenneth S. Parks, Exec. VP & CFO (Age 59, Pay $1.69M)
  • Ms. Gina A. Beredo, Exec. VP, Gen. Counsel & Corp. Sec. (Age 48, Pay $777.51k)
  • Mr. Daniel T. Smith, Exec. VP & Chief Growth Officer (Age 57, Pay $1.48M) (LinkedIn Profile)
  • Mr. Marcio A. Sandri, Pres of Composites (Age 58, Pay $1.45M) (LinkedIn Profile)
  • Ms. Amber Wohlfarth, Director of Investor Relations
  • Ms. Paula J. Russell, Exec. VP & Chief HR Officer (Age 43) (LinkedIn Profile)
  • Mr. Raymund Trost, VP of CSB Europe and Managing Director of CSB Europe
  • Mr. Frank C. O'Brien-Bernini, Chief Sustainability Officer & VP (Age 65)
  • Mr. William E. LeBaron, VP and Pres of Owens Corning Construction Services (Age 66)
What is Brian Chambers' approval rating as Owens Corning's CEO?

73 employees have rated Owens Corning CEO Brian Chambers on Glassdoor.com. Brian Chambers has an approval rating of 87% among Owens Corning's employees.

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 Energy Transfer (ET), AT&T (T), Intel (INTC), Pfizer (PFE), Ford Motor (F), Micron Technology (MU), D.R. Horton (DHI), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and QUALCOMM (QCOM).

What is Owens Corning's stock symbol?

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

Who are Owens Corning's major shareholders?

Owens Corning's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.04%), Vanguard Group Inc. (10.03%), Nordea Investment Management AB (3.87%), Victory Capital Management Inc. (3.20%), Boston Partners (2.57%) and Dimensional Fund Advisors LP (2.31%). Company insiders that own Owens Corning stock include Daniel T Smith, Gunner Smith, Kelly Schmidt, Marcio A Sandri, Paula Russell 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, Skandinaviska Enskilda Banken AB publ , Renaissance Technologies LLC, SG Americas Securities LLC, Easterly Investment Partners LLC, Keybank National Association OH, Canada Pension Plan Investment Board, and Bank of Nova Scotia. Company insiders that have sold Owens Corning company stock in the last year include Gunner Smith, Marcio A Sandri, and Paula Russell.
View insider buying and selling activity for Owens Corning
or view top insider-selling stocks.

Which major investors are buying Owens Corning stock?

OC stock was purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Los Angeles Capital Management LLC, Nordea Investment Management AB, Candriam Luxembourg S.C.A., Pacer Advisors Inc., Twin Tree Management LP, BlackRock Inc., and First Trust Advisors LP.
View insider buying and selling activity for Owens Corning
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Owens Corning's stock price today?

One share of OC stock can currently be purchased for approximately $93.22.

How much money does Owens Corning make?

Owens Corning has a market capitalization of $9.05 billion and generates $8.50 billion in revenue each year. The construction company earns $995 million in net income (profit) each year or $10.579990 on an earnings per share basis.

How many employees does Owens Corning have?

Owens Corning employs 20,000 workers across the globe.

Does Owens Corning have any subsidiaries?

The following companies are subsidiares of Owens Corning: 0979301 B.C. ULC, AS Paroc, Asahi Glass - Composites Business, Crown Mfg. Inc., Deutsche Foamglas GmbH, Dutch OC Coöperatief Invest U.A., European Owens Corning Fiberglas SRL, FOAMGLAS (Italia) SRL, FOAMGLAS (Nordic) AB, FiberTEK Insulation, Fibreboard Corp., Finefiber (Shanghai) Building Material Co. Ltd., Finefiber Insulation Co. Pte. Ltd., IBCO SRL, IPM Inc., InterWrap, InterWrap (Hong Kong) Ltd., InterWrap (Qingdao) Trading Co. Ltd., InterWrap Corp., InterWrap Corp. Private Ltd., International Packaging Products Pvt. Ltd., Inversiones Owens Corning Chile Holdings Limitada, Northern Elastomeric, OC Canada Finance Inc., OC Canada Holdings General Partnership, OC Celfortec Company, OC Latin American Holdings GmbH, OC NL Invest Coöperatief U.A., OC PRO CV, OC Steklovolokno AO, OCCV1 Inc., OCCV2 LLC, OCV (Thailand) Co. Limited, OCV Chambéry France, OCV Chambéry International, OCV Finance LLC, OCV Intellectual Capital LLC, OCV Italia Srl, OCV Mexico S. de R.L. de C.V., OCV Servicios Mexico S.A. de C.V., OOO Paroc, Owens Corning (Australia) Pty Limited, Owens Corning (China) Investment Company Limited, Owens Corning (Guangde) Rock Wood Manufacturing Co. Ltd, Owens Corning (Guangzhou) Fiberglas Co. Ltd., Owens Corning (Hangzhou) Fiberglass Co. Ltd., Owens Corning (India) Private Limited, Owens Corning (Nanjing) Building Materials Co. Ltd., Owens Corning (Shanghai) Fiberglas Co. Ltd., Owens Corning (Singapore) Pte Ltd, Owens Corning (Tianjin) Building Materials Co. Ltd., Owens Corning (Xi’an) Building Materials Co. Ltd., Owens Corning Alloy Canada GP Inc., Owens Corning Alloy Canada LP, Owens Corning Argentina Sociedad de Responsabilidad Limitada, Owens Corning Automotive LLC, Owens Corning BM (Korea) Ltd, Owens Corning By LLC, Owens Corning CV GP LLC, Owens Corning Canada GP Inc., Owens Corning Canada Holdings B.V., Owens Corning Canada Holdings ULC, Owens Corning Canada LP, Owens Corning Cayman (China) Holdings, Owens Corning Celfortec Canada GP Inc., Owens Corning Celfortec LP, Owens Corning Composite Materials Canada GP Inc., Owens Corning Composite Materials Canada LP, Owens Corning Composite Materials LLC, Owens Corning Composites (Beijing) Co. Ltd., Owens Corning Composites (China) Co. Ltd., Owens Corning Construction Services LLC, Owens Corning Corporate Services LLC, Owens Corning Elaminator Insulation Systems LLC, Owens Corning Enterprise (India) Pvt. Ltd., Owens Corning Fabrics (Changzhou) Co. Ltd., Owens Corning Fiberglas (U.K.) Pension Plan Ltd., Owens Corning Fiberglas A.S. Limitada, Owens Corning Fiberglas Espana SL, Owens Corning Fiberglas France, Owens Corning Financial Services ULC, Owens Corning Finland Oy, Owens Corning Foam Insulation LLC, Owens Corning GlassMetal Services (Suzhou) Co. Ltd., Owens Corning Global Holdings II Limited Partnership, Owens Corning Global Holdings Limited Partnership, Owens Corning HOMExperts Inc., Owens Corning HT Inc., Owens Corning Holdings 1 CV, Owens Corning Holdings 3 CV, Owens Corning Holdings 4 CV, Owens Corning Holdings 5 CV, Owens Corning Holdings Holland B.V., Owens Corning Hong Kong Limited, Owens Corning Industries (India) Private Limited, Owens Corning Infrastructure Solutions LLC, Owens Corning Insulating Systems Canada GP Inc., Owens Corning Insulating Systems Canada LP, Owens Corning Insulating Systems LLC, Owens Corning Intellectual Capital LLC, Owens Corning InterWrap Canada GP Inc., Owens Corning InterWrap Canada LP, Owens Corning International Holdings C.V., Owens Corning Japan LLC, Owens Corning Kohold B.V., Owens Corning Korea, Owens Corning Mexico S. de R.L. de C.V., Owens Corning Mineral Wool LLC, Owens Corning Non-Woven - Blythewood LLC, Owens Corning Non-Woven Technology LLC, Owens Corning Receivables LLC, Owens Corning Reinforcements (Hangzhou) Co. Ltd., Owens Corning Remodeling Systems LLC, Owens Corning Roofing S. de R.L. de C.V., Owens Corning Roofing and Asphalt LLC, Owens Corning Sales LLC, Owens Corning Science and Technology LLC, Owens Corning Supplementary Pension Plan Limited, Owens Corning Technical Fabrics LLC, Owens Corning Treasury Services LLC, Owens Corning U.S. Holdings LLC, Owens-Corning Britinvest Limited, Owens-Corning Cayman Limited, Owens-Corning Fiberglas Deutschland GmbH, Owens-Corning Funding Corporation, Owens-Corning Veil Netherlands B.V., Owens-Corning Veil U.K. Ltd., Paroc AB, Paroc GmbH, Paroc Group, Paroc Group Oy, Paroc Limited, Paroc Oy Ab, Paroc Polska Sp. Z o.o., Pittsburgh Corning, Pittsburgh Corning (Suisse) SA, Pittsburgh Corning (United Kingdom) Limited, Pittsburgh Corning (Yantai) Insulation Materials Co. Ltd, Pittsburgh Corning Asia Limited, Pittsburgh Corning CR S.R.O., Pittsburgh Corning Europe N.V., Pittsburgh Corning France, Pittsburgh Corning Gesellschaft m.b.h., Pittsburgh Corning LLC, Pittsburgh Corning Nederland B.V., Pittsburgh Corning Singapore Pte. Ltd, Qingdao Novia Polymer Co. Ltd., SIA Paroc, Soltech Inc., The Modulo /ParMur Group, Thermafiber, Thermafiber Inc., Transandina de Comercio S.A., UAB Paroc, UC Industries, and Vitro Fibras.

When was Owens Corning founded?

Owens Corning was founded in 1938.

What is Owens Corning's official website?

The official website for Owens Corning is 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, via email at [email protected], or via fax at 419-248-8445.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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