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 shares have increased by 4.5% and is now trading at $19.89. View which stocks have been most impacted by Coronavirus.

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

Norbord Inc (NYSE:OSB) announced its earnings results on Wednesday, May, 6th. The construction company reported $0.26 EPS for the quarter, missing the Thomson Reuters' 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 net margin of 1.34% and a negative return on equity of 0.99%. The firm's revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) earnings per share. View Norbord's earnings history.

Norbord declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.036 per share on Monday, June 22nd. This represents a $0.14 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Friday, May 29th. View Norbord's dividend history.

7 Wall Street analysts have issued twelve-month target prices for Norbord's stock. Their forecasts range from $22.00 to $54.00. On average, they expect Norbord's share price to reach $40.50 in the next twelve months. This suggests a possible upside of 103.6% from the stock's current price. View analysts' price targets for Norbord.

Press coverage about OSB stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Norbord earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutNorbord.

Norbord saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,360,000 shares, a drop of 26.1% from the April 15th total of 1,840,000 shares. Based on an average trading volume of 352,300 shares, the days-to-cover ratio is presently 3.9 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), Obayashi (OBYCF), Aecom (ACM), Jiangsu Expressway (JEXYY), TAYLOR WIMPEY P/ADR (TWODY), Owens Corning (OC), Howmet Aerospace (HWM), Floor & Decor (FND), Quanta Services (PWR), Thor Industries (THO), Servicemaster Global (SERV), TopBuild (BLD), BABCOCK Intl Gr/ADR (BCKIY), Advanced Drainage Systems (WMS) and Toll Brothers (TOL). 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."

Norbord's stock is owned by many different retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (2.09%), Pictet Asset Management Ltd. (1.41%), Bank of New York Mellon Corp (1.06%), APG Asset Management N.V. (0.90%), Morgan Stanley (0.80%) and Connor Clark & Lunn Investment Management Ltd. (0.69%).

OSB stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, Balyasny Asset Management LLC, Canada Pension Plan Investment Board, Intact Investment Management Inc., and Wolverine Asset Management LLC.

OSB stock was bought by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., APG Asset Management N.V., tru Independence LLC, AGF Investments Inc., Morgan Stanley, Mackenzie Financial Corp, Pictet Asset Management Ltd., and Deutsche Bank AG.

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 $19.89.

Norbord has a market capitalization of $1.62 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.