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 (WHO). Since then, OSB stock has increased by 71.3% and is now trading at $32.60.
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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."
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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) posted its quarterly earnings results on Wednesday, August, 5th. The construction company reported $0.38 EPS for the quarter, topping the 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%. Norbord's quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.10) EPS.
View Norbord's earnings history.

Norbord declared a quarterly dividend on Thursday, August 6th. Investors 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 2.76%. The ex-dividend date of this dividend 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 target prices for Norbord's shares. 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 36.8% from the stock's current price.
View analysts' price targets for Norbord.

Press coverage about OSB stock has trended positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 2.1 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Norbord.

Norbord saw a increase in short interest in July. As of July 31st, there was short interest totaling 1,250,000 shares, an increase of 15.7% from the July 15th total of 1,080,000 shares. Based on an average daily trading volume, of 262,300 shares, the short-interest ratio is currently 4.8 days. Approximately 1.6% of the company's shares are short sold.
View Norbord's Current Options Chain.

Some companies that are related to Norbord include PERSIMMON/ADR (PSMMY), Atlas Copco (ALFVY), Lennox International (LII), ANHUI CONCH CEM/ADR (AHCHY), Spirax-Sarco Engineering (SPXSF), James Hardie Industries (JHX), CHINA COMMUNICA/ADR (CCCGY), Watsco (WSO), Watsco (WSO.B), Trex (TREX), Howmet Aerospace (HWM), Floor & Decor (FND), Owens Corning (OC), Obayashi (OBYCF) 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), 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."

Norbord's stock is owned by many different retail and institutional investors. Top institutional investors include Intact Investment Management Inc. (0.34%), Swiss National Bank (0.14%), Assenagon Asset Management S.A. (0.13%), Virtus ETF Advisers LLC (0.10%), K.J. Harrison & Partners Inc (0.05%) and Trexquant Investment LP (0.05%).

OSB stock was sold by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., Russell Investments Group Ltd., and UBS Group AG.

OSB stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., K.J. Harrison & Partners Inc, Trexquant Investment LP, Virtus ETF Advisers LLC, Swiss National Bank, Institute for Wealth Management LLC., Zurcher Kantonalbank Zurich Cantonalbank , and CIBC 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 $32.60.

Norbord has a market capitalization of $2.66 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.