NYSE:OSB - Norbord Stock Price, Forecast & News

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

Norbord declared a quarterly dividend on Thursday, August 1st. Investors of record on Friday, August 30th will be paid a dividend of $0.303 per share on Monday, September 23rd. This represents a $1.21 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, August 29th. This is an increase from Norbord's previous quarterly dividend of $0.30. View Norbord's Dividend History.

Norbord Inc (NYSE:OSB) announced its quarterly earnings results on Thursday, October, 31st. The construction company reported ($0.11) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.04. The construction company had revenue of $435 million for the quarter, compared to analysts' expectations of $443.09 million. Norbord had a positive return on equity of 0.91% and a negative net margin of 3.12%. The company's revenue for the quarter was down 32.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.41 earnings per share. View Norbord's Earnings History.

Norbord is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Norbord.

6 Wall Street analysts have issued twelve-month price objectives for Norbord's shares. Their forecasts range from $28.00 to $45.00. On average, they expect Norbord's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for Norbord.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Norbord.

News coverage about OSB stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog 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 news impact score of 1.7 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Norbord.

Norbord saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 1,300,000 shares, a decline of 16.7% from the November 28th total of 1,560,000 shares. Based on an average daily volume of 192,800 shares, the short-interest ratio is presently 6.7 days. Currently, 1.6% of the shares of the stock are short sold. View Norbord's Current Options Chain.

Some companies that are related to Norbord include RPM International (RPM), ANHUI CONCH CEM/ADR (AHCHY), Lennox International (LII), James Hardie Industries (JHX), TAYLOR WIMPEY P/ADR (TWODY), Spirax-Sarco Engineering (SPXSF), Obayashi (OBYCF), SHIMIZU CORP/ADR (SHMUY), Aecom (ACM), Owens Corning (OC), Jiangsu Expressway (JEXYY), Watsco (WSO.B), Watsco (WSO), Cemex SAB de CV (CX) and Toll Brothers (TOL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Norbord investors own include Verizon Communications (VZ), HCA Healthcare (HCA), Ryder System (R), Pandora Media (P), Wells Fargo & Co (WFC), Ford Motor (F), Tandem Diabetes Care (TNDM), Alibaba Group (BABA), NVIDIA (NVDA) and Altria Group (MO).

Norbord's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Cozad Asset Management Inc. (0.05%).

OSB stock was sold by a variety of institutional investors in the last quarter, including Cozad 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 $30.50.

Norbord has a market capitalization of $2.49 billion and generates $2.42 billion in revenue each year. The construction company earns $371 million in net income (profit) each year or $4.72 on an earnings per share basis. Norbord employs 2,700 workers across the globe.View Additional Information About Norbord.

The official website for Norbord is http://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 416-643-8820.