NYSE:OSBNorbord Stock Price, Forecast & News

Norbord's stock was trading at $19.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OSB shares have increased by 74.3% and is now trading at $33.16.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Norbord.

Norbord is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Norbord.

Norbord Inc (NYSE:OSB) issued its quarterly earnings data on Wednesday, August, 5th. The construction company reported $0.38 EPS for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.28. The construction company earned $421 million during the quarter, compared to analysts' expectations of $410.76 million. Norbord had a return on equity of 4.64% and a net margin of 0.53%. The business's revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) earnings per share.
View Norbord's earnings history.

Norbord declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.2251 per share on Monday, September 21st. This represents a $0.90 annualized dividend and a yield of 2.72%. The ex-dividend date is Monday, August 31st. This is a boost from Norbord's previous quarterly dividend of $0.04.
View Norbord's dividend history.

7 Wall Street analysts have issued 1-year price targets for Norbord's stock. Their forecasts range from $30.00 to $51.00. On average, they anticipate Norbord's stock price to reach $44.58 in the next year. This suggests a possible upside of 34.4% from the stock's current price.
View analysts' price targets for Norbord.

News stories about OSB stock have trended positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Norbord earned a daily sentiment score of 2.7 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 news coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Norbord.

Norbord saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 1,520,000 shares, an increase of 23.6% from the January 15th total of 1,230,000 shares. Based on an average daily volume of 190,100 shares, the short-interest ratio is presently 8.0 days. Approximately 1.9% of the shares of the company are short sold.
View Norbord's Short Interest.

Some companies that are related to Norbord include CHINA RWY CONST/ADR (CWYCY), Lennox International (LII), Atlas Copco (ALFVY), PERSIMMON/ADR (PSMMY), James Hardie Industries (JHX), ANHUI CONCH CEM/ADR (AHCHY), Spirax-Sarco Engineering (SPXSF), CHINA COMMUNICA/ADR (CCCGY), Watsco (WSO), Watsco (WSO.B), Howmet Aerospace (HWM), Trex (TREX), Owens Corning (OC), Floor & Decor (FND) and Quanta Services (PWR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Norbord investors own include ZEN Graphene Solutions (ZENYF), Verizon Communications (VZ), AT&T (T), Micron Technology (MU), ZEN Graphene Solutions (ZEN), AbbVie (ABBV), Alibaba Group (BABA), Bird Construction (BDT), Caterpillar (CAT) and Intel (INTC).

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

Norbord's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FIL Ltd (11.40%), Letko Brosseau & Associates Inc. (5.84%), Bank of New York Mellon Corp (1.04%), Waratah Capital Advisors Ltd. (0.46%), Intact Investment Management Inc. (0.34%) and K2 Principal Fund L.P. (0.19%).

OSB stock was sold by a variety of institutional investors in the last quarter, including Letko Brosseau & Associates Inc., Marshall Wace North America L.P., K2 Principal Fund L.P., FIL Ltd, Goldman Sachs Group Inc., Intact Investment Management Inc., Bank of New York Mellon Corp, and Russell Investments Group Ltd..

OSB stock was bought by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Assenagon Asset Management S.A., Marshall Wace LLP, K.J. Harrison & Partners Inc, Trexquant Investment LP, Virtus ETF Advisers LLC, Swiss National Bank, and TD Asset Management Inc..

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, Robinhood, Fidelity, and Charles Schwab.

One share of OSB stock can currently be purchased for approximately $33.16.

Norbord has a market capitalization of $2.67 billion and generates $1.73 billion in revenue each year. The construction company earns $-42,000,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. Norbord employs 2,400 workers across the globe.

The official website for Norbord is 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 416-365-0705.