NYSE:OSB

Norbord Stock Forecast, Price & News

$39.92

-0.55 (-1.36 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$38.95

Now: $39.92▼

$40.09

50-Day Range

$37.02

MA: $42.25▼

$44.55

52-Week Range

$8.92

Now: $39.92▼

$45.62

Volume130,872 shs

Average Volume124,675 shs

Market Capitalization$3.22 billion

P/E Ratio332.69

Dividend Yield4.57%

Beta2.6

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, moldings, 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, Rimboard, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, Conti, and Caberboard brand names. 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.

MarketRank^™

Overall MarketRank^™

2.41 out of 5 stars

Construction Sector

5th out of 184 stocks

Lumber & Wood Products, Except Furniture Industry

1st out of 5 stocks

4.3 Analyst's Opinion

Consensus Rating
Norbord has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.57, Norbord has a forecasted upside of 26.7% from its current price of $39.92.
Amount of Analyst Coverage
Norbord has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Norbord has received 261 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Norbord has received 283 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Norbord has received 52.02% “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.

2.5 Dividend Strength

Dividend Leadership
Norbord is a leading dividend payer. It pays a dividend yield of 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Norbord has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Norbord will have a dividend payout ratio of 49.73% next year. This indicates that Norbord will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Norbord insiders have not sold or bought any company stock.
Percentage Held by Institutions
81.68% of the stock of Norbord is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Norbord are expected to decrease by -19.31% in the coming year, from $4.61 to $3.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Norbord is 332.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Norbord is 332.69, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 43.01.
Price to Earnings Growth Ratio
Norbord has a PEG Ratio of 0.23. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Norbord has a P/B Ratio of 4.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone416-365-0705

Employees2,400

Debt

Debt-to-Equity Ratio0.96

Current Ratio1.91

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio332.69

Forward P/E Ratio8.66

P/E Growth0.23

Sales & Book Value

Annual Sales$1.73 billion

Price / Sales1.86

Cash Flow$1.62 per share

Price / Cash Flow24.67

Book Value$8.64 per share

Price / Book4.62

Profitability

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

Outstanding Shares80,655,000

Market Cap$3.22 billion

Next Earnings Date2/3/2021 (Estimated)

OptionableNot Optionable

$39.92

-0.55 (-1.36 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Norbord (NYSE:OSB) Frequently Asked Questions

How has Norbord's stock 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 (WHO). Since then, OSB shares have increased by 109.8% and is now trading at $39.92.
View which stocks have been most impacted by COVID-19.

Is Norbord a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Norbord stock.
View analyst ratings for Norbord or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Norbord?

Wall Street analysts have given Norbord a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Norbord wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Norbord's next earnings date?

Norbord is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Norbord.

How were Norbord's earnings last quarter?

Norbord Inc. (NYSE:OSB) announced its earnings results on Thursday, November, 5th. The construction company reported $2.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.21 by $0.31. The construction company earned $725 million during the quarter, compared to analysts' expectations of $690.54 million. Norbord had a net margin of 0.53% and a return on equity of 4.64%. During the same quarter in the previous year, the firm posted ($0.11) EPS.
View Norbord's earnings history.

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

Norbord announced a quarterly dividend on Friday, November 6th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.4569 per share on Monday, December 21st. This represents a $1.83 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Monday, November 30th. This is an increase from Norbord's previous quarterly dividend of $0.23.
View Norbord's dividend history.

Is Norbord a good dividend stock?

Norbord pays an annual dividend of $1.85 per share and currently has a dividend yield of 4.57%. OSB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Norbord's dividend history.

What price target have analysts set for OSB?

8 brokers have issued twelve-month price targets for Norbord's stock. Their forecasts range from $37.00 to $69.00. On average, they anticipate Norbord's stock price to reach $50.57 in the next year. This suggests a possible upside of 26.7% from the stock's current price.
View analysts' price targets for Norbord or view Wall Street analyst' top-rated stocks.

Who are some of Norbord's key competitors?

Some companies that are related to Norbord include James Hardie Industries (JHX), Howmet Aerospace (HWM), Persimmon (PSMMY), Alfa Laval AB (publ) (ALFVY), Spirax-Sarco Engineering (SPXSF), PulteGroup (PHM), RPM International (RPM), China Railway Group (CRWOY), Floor & Decor (FND), Lennox International (LII), Quanta Services (PWR), Trex (TREX), Watsco (WSO), Owens Corning (OC) and Watsco (WSO.B).
View all of OSB's 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 Ltd. (ZEN.V) (ZEN), Alibaba Group (BABA), Pfizer (PFE), The 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 59)
Ms. Robin E. Lampard, Sr. VP & CFO
Mr. Mark R. Dubois-Phillips, Sr. VP of Sales, Marketing & Logistics of North America
Mr. Kevin John Burke, Sr. VP of North American Operations
Mr. Alan G. McMeekin, Sr. VP of Europe
Mr. James L. Black, VP of Technology & Engineering Services
Robert B. Winslow C.F.A., VP of Investor Relations & Corp. Devel.
Tracy Connelly McGilley, Gen. Counsel & Corp. Sec.
Mr. Gregory Richard Mackie, VP of HR & Environment and Health & Safety
Ms. Elaine G. Toomey, Assistant Corp. Sec.

What is Norbord's stock symbol?

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

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 WeBull, 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 $39.92.

How big of a company is Norbord?

Norbord has a market capitalization of $3.22 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 1/16/2021 by MarketBeat.com Staff

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