NYSE:OSB Norbord Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Norbord Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $29.13 +0.37 (+1.29 %) (As of 09/28/2020 03:23 PM ET) Add Compare Share Today's Range$28.94Now: $29.13▼$29.5050-Day Range$28.82MA: $33.10▼$36.2152-Week Range$8.92Now: $29.13▼$36.53Volume24,535 shsAverage Volume292,898 shsMarket Capitalization$2.35 billionP/E Ratio242.77Dividend Yield3.20%Beta2.59 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Norbord Inc. manufactures and sells wood-based panels for retail chains, contractor supply yards, and industrial manufacturers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fiberboards for use in cabinet doors, mouldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, TruFlor pointSIX and TruFlor, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, and Conti, and Caberboard brands. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004. Norbord Inc. was founded in 1987 and is headquartered in Toronto, Canada.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingNorbord has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.71, Norbord has a forecasted upside of 64.8% from its current price of $28.95.Amount of Analyst CoverageNorbord has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesNorbord has received 256 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNorbord has received 276 “underperform” votes. (Add your “underperform” vote.)Community SentimentNorbord has received 51.88% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Norbord and other stocks. Vote “Outperform” if you believe OSB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OSB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldNorbord pays a meaningful dividend of 3.20%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNorbord has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, Norbord will have a dividend payout ratio of 27.30% next year. This indicates that Norbord will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Norbord insiders have not sold or bought any company stock.Percentage Held by Institutions81.68% of the stock of Norbord is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Norbord are expected to decrease by -20.52% in the coming year, from $4.24 to $3.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Norbord is 241.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Norbord is 241.27, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 28.13.Price to Earnings Growth RatioNorbord has a PEG Ratio of 0.20. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNorbord has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.12 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Lumber & wood products, except furniture Sub-IndustryN/A SectorConstruction Current SymbolNYSE:OSB Previous SymbolOTCMKTS:NBRXF CUSIPN/A CIK877365 Webwww.norbord.com Phone416-365-0705Debt Debt-to-Equity Ratio0.96 Current Ratio1.91 Quick Ratio0.88Price-To-Earnings Trailing P/E Ratio242.77 Forward P/E Ratio6.87 P/E Growth0.2 Sales & Book Value Annual Sales$1.73 billion Price / Sales1.36 Cash Flow$1.19 per share Price / Cash Flow24.39 Book Value$8.64 per share Price / Book3.37Profitability EPS (Most Recent Fiscal Year)($0.37) Net Income$-42,000,000.00 Net Margins0.53% Return on Equity4.64% Return on Assets1.71%Miscellaneous Employees2,400 Outstanding Shares80,843,000Market Cap$2.35 billion Next Earnings Date10/29/2020 (Estimated) OptionableNot Optionable $29.13 +0.37 (+1.29 %) (As of 09/28/2020 03:23 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OSB News and Ratings via Email Sign-up to receive the latest news and ratings for OSB and its competitors with MarketBeat's FREE daily newsletter. Norbord (NYSE:OSB) Frequently Asked Questions How has Norbord's stock price been impacted by Coronavirus? Norbord's stock was trading at $19.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OSB shares have increased by 53.1% and is now trading at $29.13. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Norbord? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 1 sell rating, 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Norbord. When is Norbord's next earnings date? Norbord is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Norbord. How were Norbord's earnings last quarter? Norbord Inc (NYSE:OSB) released its quarterly earnings data on Wednesday, August, 5th. The construction company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.28. The construction company had revenue of $421 million for the quarter, compared to analyst estimates of $410.76 million. Norbord had a net margin of 0.53% and a return on equity of 4.64%. Norbord's quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.10) EPS. View Norbord's earnings history. How often does Norbord pay dividends? What is the dividend yield for Norbord? Norbord declared a quarterly dividend on Thursday, August 6th. Investors of record on Tuesday, September 1st will be given a dividend of $0.2251 per share on Monday, September 21st. This represents a $0.90 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Norbord's previous quarterly dividend of $0.04. View Norbord's dividend history. What price target have analysts set for OSB? 9 analysts have issued 1 year price targets for Norbord's shares. Their forecasts range from $37.00 to $58.00. On average, they anticipate Norbord's share price to reach $47.71 in the next year. This suggests a possible upside of 63.8% from the stock's current price. View analysts' price targets for Norbord. Are investors shorting Norbord? Norbord saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 629,500 shares, a decrease of 19.9% from the August 31st total of 785,700 shares. Based on an average daily trading volume, of 263,700 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.8% of the company's shares are short sold. View Norbord's Short Interest. Who are some of Norbord's key competitors? Some companies that are related to Norbord include Atlas Copco (ALFVY), ANHUI CONCH CEM/ADR (AHCHY), Watsco (WSO.B), Watsco (WSO), CHINA COMMUNICA/ADR (CCCGY), Trex (TREX), Floor & Decor (FND), Howmet Aerospace (HWM), Owens Corning (OC), Quanta Services (PWR), Obayashi (OBYCF), Aecom (ACM), Toll Brothers (TOL), SHIMIZU CORP/ADR (SHMUY) and Servicemaster Global (SERV). View all competitors. What other stocks do shareholders of Norbord own? Based on aggregate information from My MarketBeat watchlists, some companies that other Norbord investors own include ZEN Graphene Solutions (ZENYF), Verizon Communications (VZ), AbbVie (ABBV), Micron Technology (MU), AT&T (T), ZEN Graphene Solutions (ZEN), Alibaba Group (BABA), Pfizer (PFE), Procter & Gamble (PG) and Tesla (TSLA). Who are Norbord's key executives? Norbord's management team includes the following people: Mr. Peter C. Wijnbergen, Pres, CEO & Director (Age 57)Ms. Robin E. Lampard, Sr. VP & CFOMr. Nigel A. Banks, Sr. VP of Corp. ServicesMr. Kevin John Burke, Sr. VP of North American OperationsMr. Alan G. McMeekin, Sr. VP of Europe What is Norbord's stock symbol? Norbord trades on the New York Stock Exchange (NYSE) under the ticker symbol "OSB." Who are Norbord's major shareholders? Norbord's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FIL Ltd (11.40%), Letko Brosseau & Associates Inc. (5.84%), Vanguard Group Inc. (1.77%), Bank of New York Mellon Corp (1.04%), Great West Life Assurance Co. Can (1.01%) and Key Group Holdings Cayman LTD. (0.82%). Which institutional investors are selling Norbord stock? OSB stock was sold by a variety of institutional investors in the last quarter, including Key Group Holdings Cayman LTD., Point72 Asset Management L.P., Letko Brosseau & Associates Inc., Marshall Wace North America L.P., K2 Principal Fund L.P., Canada Pension Plan Investment Board, FIL Ltd, and Goldman Sachs Group Inc.. Which institutional investors are buying Norbord stock? OSB stock was purchased by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Waratah Capital Advisors Ltd., Waratah Capital Advisors Ltd., Man Group plc, Assenagon Asset Management S.A., Marshall Wace LLP, K.J. Harrison & Partners Inc, and Trexquant Investment LP. How do I buy shares of Norbord? 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. What is Norbord's stock price today? One share of OSB stock can currently be purchased for approximately $29.13. How big of a company is Norbord? Norbord has a market capitalization of $2.35 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. What is Norbord's official website? The official website for Norbord is www.norbord.com. How can I contact Norbord? 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. This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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