NYSE:OSB - Norbord Stock Price, News & Analysis

Norbord trades on the New York Stock Exchange (NYSE) under the ticker symbol "OSB."

Norbord declared a quarterly dividend on Thursday, August 1st. Shareholders of record on Friday, August 30th will be given a dividend of $0.303 per share on Monday, September 23rd. This represents a $1.21 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Thursday, August 29th. This is an increase from Norbord's previous quarterly dividend of $0.30. View Norbord's Dividend History.

Norbord declared that its board has approved a stock buyback plan on Saturday, October 28th 2017, which authorizes the company to buyback 5,140,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Norbord Inc (NYSE:OSB) announced its quarterly earnings data on Thursday, August, 1st. The construction company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.01. The construction company had revenue of $447 million for the quarter, compared to analysts' expectations of $466.51 million. Norbord had a net margin of 4.31% and a return on equity of 16.27%. The firm's revenue was down 36.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.92 EPS. View Norbord's Earnings History.

Norbord is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Norbord.

8 brokers have issued 1-year price targets for Norbord's stock. Their forecasts range from $28.00 to $41.00. On average, they anticipate Norbord's share price to reach $34.3333 in the next year. This suggests a possible upside of 50.3% from the stock's current price. View Analyst Price Targets for Norbord.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Norbord.

News headlines about OSB stock have been trending positive recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Norbord earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Norbord.

Some companies that are related to Norbord include Atlas Copco (ALFVY), PERSIMMON/ADR (PSMMY), ANHUI CONCH CEM/ADR (AHCHY), James Hardie Industries (JHX), Jiangsu Expressway (JEXYY), SHIMIZU CORP/ADR (SHMUY), Obayashi (OBYCF), Owens Corning (OC), USG (USG), Watsco (WSO), TAYLOR WIMPEY P/ADR (TWODY), Watsco (WSO.B), Aecom (ACM), Toll Brothers (TOL) and Trex (TREX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Norbord investors own include Ford Motor (F), ZEN Graphene Solutions (ZENYF), ZEN Graphene Solutions (ZEN), Bird Construction (BDT), Verizon Communications (VZ), Micron Technology (MU), AT&T (T), Seagate Technology (STX), Cisco Systems (CSCO) and AbbVie (ABBV).

Norbord's stock is owned by many different of institutional and retail investors. Top institutional investors include Letko Brosseau & Associates Inc. (6.61%), Vanguard Group Inc. (1.69%), Connor Clark & Lunn Investment Management Ltd. (1.68%), Pictet Asset Management Ltd. (1.05%), Pictet Asset Management Ltd. (1.05%) and Wells Fargo & Company MN (0.72%).

OSB stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Schroder Investment Management Group, Schroder Investment Management Group, TD Asset Management Inc., DekaBank Deutsche Girozentrale, APG Asset Management N.V., Allianz Asset Management GmbH and Alberta Investment Management Corp.

OSB stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Letko Brosseau & Associates Inc., Mackenzie Financial Corp, Mackenzie Financial Corp, Wells Fargo & Company MN, Pictet Asset Management Ltd., Pictet Asset Management Ltd. and Renaissance Technologies LLC.

Shares of OSB 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.

One share of OSB stock can currently be purchased for approximately $22.85.

Norbord has a market capitalization of $1.87 billion and generates $2.42 billion in revenue each year. The construction company earns $371 million in net income (profit) each year or $4.72 on an earnings per share basis. Norbord employs 2,700 workers across the globe.View Additional Information About Norbord.

The official website for Norbord is http://www.norbord.com/.

Norbord's mailing address is 1 TORONTO STREET SUITE 600, TORONTO A6, M5C2W4. The construction company can be reached via phone at 416-643-8820.