NYSE:OSBNorbord Stock Price, Forecast & News

Norbord's stock was trading at $19.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OSB shares have increased by 74.0% and is now trading at $33.12.
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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."
View analyst ratings for Norbord.

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) issued its quarterly earnings data on Wednesday, August, 5th. The construction company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.28. The construction company had revenue of $421 million for the quarter, compared to the consensus estimate of $410.76 million. Norbord had a net margin of 0.53% and a return on equity of 4.64%. The firm's revenue was down 5.8% on a year-over-year basis. During the same period in the previous year, the company posted ($0.10) EPS.
View Norbord's earnings history.

Norbord announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.2251 per share on Monday, September 21st. This represents a $0.90 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Norbord's previous quarterly dividend of $0.04.
View Norbord's dividend history.

7 Wall Street analysts have issued 1-year price targets for Norbord's shares. Their forecasts range from $30.00 to $51.00. On average, they expect Norbord's share price to reach $44.58 in the next year. This suggests a possible upside of 34.6% from the stock's current price.
View analysts' price targets for Norbord.

Headlines about OSB stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Norbord earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
View the latest news about Norbord.

Norbord saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 1,520,000 shares, an increase of 23.6% from the January 15th total of 1,230,000 shares. Based on an average daily trading volume, of 190,100 shares, the short-interest ratio is currently 8.0 days. Approximately 1.9% of the shares of the company are short sold.
View Norbord's Short Interest.

Some companies that are related to Norbord include CHINA RWY CONST/ADR (CWYCY), Lennox International (LII), Atlas Copco (ALFVY), PERSIMMON/ADR (PSMMY), ANHUI CONCH CEM/ADR (AHCHY), Spirax-Sarco Engineering (SPXSF), CHINA COMMUNICA/ADR (CCCGY), James Hardie Industries (JHX), Watsco (WSO), Watsco (WSO.B), Howmet Aerospace (HWM), Trex (TREX), Owens Corning (OC), Floor & Decor (FND) 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), AT&T (T), Micron Technology (MU), ZEN Graphene Solutions (ZEN), AbbVie (ABBV), Alibaba Group (BABA), Bird Construction (BDT), Caterpillar (CAT) and Intel (INTC).

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 shareholders include FIL Ltd (11.40%), Letko Brosseau & Associates Inc. (5.84%), Vanguard Group Inc. (1.77%), Bank of New York Mellon Corp (1.04%), Key Group Holdings Cayman LTD. (0.82%) and Waratah Capital Advisors Ltd. (0.46%).

OSB stock was sold by a variety of institutional investors in the last quarter, including Key Group Holdings Cayman LTD., Point72 Asset Management L.P., Letko Brosseau & Associates Inc., Marshall Wace North America L.P., K2 Principal Fund L.P., Canada Pension Plan Investment Board, FIL Ltd, and Goldman Sachs Group Inc..

OSB stock was purchased by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Waratah Capital Advisors Ltd., Man Group plc, Assenagon Asset Management S.A., Marshall Wace LLP, K.J. Harrison & Partners Inc, Trexquant Investment LP, and Bank of America Corp DE.

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 $33.12.

Norbord has a market capitalization of $2.67 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.