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. Shareholders of record on Friday, August 30th will be given a dividend of $0.303 per share on Monday, September 23rd. This represents a $1.21 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date is Thursday, August 29th. This is a positive change from Norbord's previous quarterly dividend of $0.30. View Norbord's Dividend History.

Norbord Inc (NYSE:OSB) released its quarterly earnings results on Wednesday, February, 5th. The construction company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.16. The construction company had revenue of $403 million for the quarter, compared to analyst estimates of $435.88 million. Norbord had a negative return on equity of 4.06% and a negative net margin of 2.43%. The business's quarterly revenue was down 19.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 EPS. View Norbord's Earnings History.

Norbord is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Norbord.

7 Wall Street analysts have issued 12-month price targets for Norbord's stock. Their forecasts range from $28.00 to $54.00. On average, they anticipate Norbord's stock price to reach $42.67 in the next twelve months. This suggests a possible upside of 59.9% from the stock's current price. View Analyst Price Targets for Norbord.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 3 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.

Headlines about OSB stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Norbord earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave media 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 future. View News Stories for Norbord.

Norbord saw a increase in short interest in February. As of February 14th, there was short interest totalling 1,520,000 shares, an increase of 23.6% from the January 30th total of 1,230,000 shares. Based on an average trading volume of 190,100 shares, the short-interest ratio is currently 8.0 days. Currently, 1.9% of the company's shares are sold short. View Norbord's Current Options Chain.

Some companies that are related to Norbord include Lennox International (LII), ANHUI CONCH CEM/ADR (AHCHY), RPM International (RPM), Spirax-Sarco Engineering (SPXSF), James Hardie Industries (JHX), Obayashi (OBYCF), Aecom (ACM), SHIMIZU CORP/ADR (SHMUY), Watsco (WSO), Owens Corning (OC), Watsco (WSO.B), Jiangsu Expressway (JEXYY), Trex (TREX), Floor & Decor (FND) and Quanta Services (PWR).

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 many different of retail and institutional investors. Top institutional investors include FIL Ltd (9.66%), Letko Brosseau & Associates Inc. (6.30%), Pictet Asset Management Ltd. (1.23%), Connor Clark & Lunn Investment Management Ltd. (1.13%), Bank of New York Mellon Corp (1.12%) and Intact Investment Management Inc. (0.58%).

OSB stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Formula Growth Ltd., Letko Brosseau & Associates Inc., UBS Group AG, Freestone Capital Holdings LLC, Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC and Bank of America Corp DE.

OSB stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Vestcor Investment Management Corp, PCJ Investment Counsel Ltd., Point72 Asset Management L.P., Credit Suisse AG, Penn Capital Management Co. Inc., New York State Common Retirement Fund and Intact Investment 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 $26.69.

Norbord has a market capitalization of $2.17 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.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 416-365-0705.