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 24.4% and is now trading at $23.68. View which stocks have been most impacted by Coronavirus.

6 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 4 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, August 6th 2020. View our earnings forecast for Norbord.

Norbord Inc (NYSE:OSB) released its quarterly earnings data on Wednesday, May, 6th. The construction company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.02. The construction company had revenue of $467 million for the quarter, compared to analyst estimates of $436.57 million. Norbord had a negative return on equity of 0.99% and a negative net margin of 1.34%. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) EPS. View Norbord's earnings history.

Norbord declared a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, June 1st will be given a dividend of $0.036 per share on Monday, June 22nd. This represents a $0.14 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Friday, May 29th. View Norbord's dividend history.

6 equities research analysts have issued 12-month target prices for Norbord's stock. Their forecasts range from $22.00 to $54.00. On average, they anticipate Norbord's stock price to reach $40.40 in the next year. This suggests a possible upside of 70.6% from the stock's current price. View analysts' price targets for Norbord.

News articles about OSB stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news 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. Norbord earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Norbord.

Norbord saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,340,000 shares, a drop of 13.5% from the May 31st total of 1,550,000 shares. Based on an average daily volume of 335,400 shares, the short-interest ratio is currently 4.0 days. Currently, 1.7% of the shares of the stock are sold short. View Norbord's Current Options Chain.

Some companies that are related to Norbord include Watsco (WSO.B), Watsco (WSO), Howmet Aerospace (HWM), TAYLOR WIMPEY P/ADR (TWODY), SHIMIZU CORP/ADR (SHMUY), Owens Corning (OC), Floor & Decor (FND), Aecom (ACM), Thor Industries (THO), Jiangsu Expressway (JEXYY), Quanta Services (PWR), Servicemaster Global (SERV), Cemex SAB de CV (CX), Toll Brothers (TOL) and BABCOCK Intl Gr/ADR (BCKIY). View all competitors.

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), Intel (INTC), Wells Fargo & Co (WFC) and Bank of America (BAC).

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

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 $23.68.

Norbord has a market capitalization of $1.93 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.