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. Since then, OSB shares have increased by 14.3% and is now trading at $21.76. 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) released its earnings results on Wednesday, May, 6th. The construction company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.02. The construction company earned $467 million during the quarter, compared to the consensus estimate of $436.57 million. Norbord had a negative return on equity of 0.99% and a negative net margin of 1.34%. The firm's quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.02) EPS. View Norbord's earnings history.

Norbord declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, June 1st will be given a dividend of $0.036 per share on Monday, June 22nd. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Friday, May 29th. View Norbord's dividend history.

7 analysts have issued 12-month price targets for Norbord's stock. Their forecasts range from $22.00 to $54.00. On average, they expect Norbord's stock price to reach $40.50 in the next year. This suggests a possible upside of 86.1% from the stock's current price. View analysts' price targets for Norbord.

News coverage about OSB stock has trended neutral on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring 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 0.1 on InfoTrie's scale. They also assigned news articles 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 stock's share price in the next few days. View the latest news aboutNorbord.

Norbord saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,360,000 shares, a decrease of 26.1% from the April 15th total of 1,840,000 shares. Based on an average daily trading volume, of 352,300 shares, the short-interest ratio is presently 3.9 days. Approximately 1.7% of the shares of the company are short sold. View Norbord's Current Options Chain.

Some companies that are related to Norbord include Howmet Aerospace (HWM), Obayashi (OBYCF), TAYLOR WIMPEY P/ADR (TWODY), Owens Corning (OC), Jiangsu Expressway (JEXYY), Floor & Decor (FND), Quanta Services (PWR), Thor Industries (THO), Servicemaster Global (SERV), Cemex SAB de CV (CX), TopBuild (BLD), Toll Brothers (TOL), BABCOCK Intl Gr/ADR (BCKIY), Frontdoor (FTDR) and Acuity Brands (AYI). 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 institutional and retail investors. Top institutional shareholders 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 acquired 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 $21.76.

Norbord has a market capitalization of $1.77 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.