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

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$49.01 -0.54 (-1.09 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$49.01
Today's Range$48.64 - $50.34
52-Week Range$42.88 - $96.52
Volume1.46 million shs
Average Volume1.15 million shs
Market Capitalization$5.36 billion
P/E Ratio11.14
Dividend Yield1.71%
Beta1.13
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 Ratio11.14
Forward P/E Ratio10.34
P/E Growth0.77

Sales & Book Value

Annual Sales$6.38 billion
Price / Sales0.84
Cash Flow$7.8166 per share
Price / Cash Flow6.27
Book Value$37.79 per share
Price / Book1.30

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$5.36 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, December 6th. Shareholders of record on Thursday, January 3rd will be paid a dividend of $0.22 per share on Friday, January 18th. This represents a $0.88 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Wednesday, January 2nd. This is a boost from Owens Corning's previous quarterly dividend of $0.21. View Owens Corning's Dividend History.

How were Owens Corning's earnings last quarter?

Owens Corning (NYSE:OC) issued its quarterly earnings data on Wednesday, October, 24th. The construction company reported $1.54 earnings per share (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 net margin of 5.33% and a return on equity of 12.37%. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the business posted $1.25 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, February 20th 2019. View Earnings Estimates for Owens Corning.

What price target have analysts set for OC?

17 analysts have issued 12 month target prices for Owens Corning's stock. Their predictions range from $45.00 to $109.00. On average, they anticipate Owens Corning's stock price to reach $74.1307 in the next twelve months. This suggests a possible upside of 51.3% 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?

News headlines about OC stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. 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 news impact score of 1.9 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the next few days.

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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.67%), BlackRock Inc. (6.27%), Iridian Asset Management LLC CT (3.16%), Dimensional Fund Advisors LP (2.81%), Wells Fargo & Company MN (2.73%) and Victory Capital Management Inc. (2.52%). 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 AQR Capital Management LLC, Bank of Montreal Can, Point72 Asset Management L.P., Assenagon Asset Management S.A., Iridian Asset Management LLC CT, BlackRock Inc., Janus Henderson Group PLC and Renaissance Technologies LLC. Company insiders that have sold Owens Corning company stock in the last year include Arnaud Genis, Ava Harter 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 Fairpointe Capital LLC, Wells Fargo & Company MN, Morgan Stanley, TIAA CREF Investment Management LLC, Clearbridge Investments LLC, Marshall Wace LLP, First Trust Advisors LP and Dimensional Fund Advisors LP. 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 $49.01.

How big of a company is Owens Corning?

Owens Corning has a market capitalization of $5.36 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:  583 (Vote Outperform)
Underperform Votes:  552 (Vote Underperform)
Total Votes:  1,135
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 12/9/2018 by MarketBeat.com Staff

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