USG Corporation Company Profile (NYSE:USG)

USG Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "USG."

USG Corporation announced that its Board of Directors has initiated a share repurchase plan on Friday, April 7th 2017, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

USG Corporation (NYSE:USG) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.44 EPS for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.07. The business earned $811 million during the quarter, compared to the consensus estimate of $809.44 million. USG Corporation had a net margin of 14.94% and a return on equity of 13.57%. USG Corporation's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.46 EPS. View USG Corporation's Earnings History.

USG Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for USG Corporation.

13 brokerages have issued 12 month price targets for USG Corporation's shares. Their predictions range from $24.00 to $34.00. On average, they anticipate USG Corporation's share price to reach $30.25 in the next twelve months. View Analyst Ratings for USG Corporation.

Here are some recent quotes from research analysts about USG Corporation stock:

• 1. According to Zacks Investment Research, "USG Corp., through its subsidiaries, is a leading manufacturer and distributor of building materials producing a wide range of products for use in new residential, new nonresidential and repair and remodel construction, as well as products used in certain industrial processes. USG's operations are organized into three operating segments: North American Gypsum, Worldwide Ceilings and Building Products Distribution. " (5/2/2017)
• 2. Jefferies Group LLC analysts commented, "We were skeptical the wallboard industry would see much traction with its price increase heading into the year, but our checks suggest prices are up in the retail and specialty distributor channel. We are encouraged by the more favorable pricing environment, but with shares up 19% YTD we believe USG is fairly valued, and believe there's risk the market could view the amount of pricing it realizes and higher than expected inflation as a letdown." (3/17/2017)
• 3. Wedbush analysts commented, "We expect USG Corporation (USG) shares to continue to trade at a slight discount to its peer group EBITDA multiple until it can successfully navigate the pricing challenges within the wallboard industry. Once stability has returned and operating efficiency programs such as Advanced Manufacturing (AM) can gain traction, shares could appreciate above the current ~8.5x EV/EBITDA multiple, potentially in-line with its comparison group." (2/6/2017)

Some companies that are related to USG Corporation include Owens Corning (OC), PulteGroup (PHM), Lennox International (LII), Jacobs Engineering Group (JEC), RPM International (RPM), Acuity Brands (AYI), Toll Brothers (TOL), ServiceMaster Global Holdings (SERV), James Hardie Industries PLC. (JHX), Thor Industries (THO), Fluor Corporation (FLR), Quanta Services (PWR), Watsco (WSO.B), Watsco (WSO), AECOM (ACM), Eagle Materials (EXP), EMCOR Group (EME) and Louisiana-Pacific Corporation (LPX).

USG Corporation's management team includes the folowing people:

• Jennifer F. Scanlon, President, Interim Chief Executive Officer Elect, Executive Vice President, President - International and President - L&W Supply Corporation, Director
• Matthew F. Hilzinger, Chief Financial Officer, Executive Vice President
• Dominic A. Dannessa, Executive Vice President, Chief Operations, Innovation Officer
• Brian J. Cook, Senior Vice President, Chief Administrative Officer
• Michelle M. Warner, Senior Vice President, General Counsel and Corporate Secretary
• Chris A. Rosenthal, Senior Vice President - Human Resources
• Gregory D. Salah, Senior Vice President, President - North America
• Jeanette A. Press, Vice President, Controller
• Kenneth R. Banas, Vice President, Treasurer
• Mary A. Martin, Vice President, Associate General Counsel

USG Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Shapiro Capital Management LLC (3.40%), Greenhaven Associates Inc. (1.81%), LSV Asset Management (0.53%), Hosking Partners LLP (0.16%), Kennedy Capital Management Inc. (0.16%) and Asset Management Advisors LLC (0.15%). Company insiders that own USG Corporation stock include Dominic A Dannessa, James S Metcalf, Jeanette A Press, Jennifer F Scanlon, Jose Armario, Kenneth R Banas, Mary A Martin and Stanley L Ferguson. View Institutional Ownership Trends for USG Corporation.

USG Corporation's stock was sold by a variety of institutional investors in the last quarter, including Greenhaven Associates Inc., Kennedy Capital Management Inc., Shapiro Capital Management LLC, New York State Common Retirement Fund, Rhumbline Advisers, Smithfield Trust Co., White Pine Investment CO and IFP Advisors Inc. Company insiders that have sold USG Corporation stock in the last year include Dominic A Dannessa, James S Metcalf and Jeanette A Press. View Insider Buying and Selling for USG Corporation.

USG Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, LSV Asset Management, Aperio Group LLC, Hosking Partners LLP, Amalgamated Bank, Thompson Investment Management Inc., Wedge Capital Management L L P NC and Somerset Trust Co. Company insiders that have bought USG Corporation stock in the last two years include Jennifer F Scanlon and Jose Armario. View Insider Buying and Selling for USG Corporation.

Shares of USG Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of USG Corporation stock can currently be purchased for approximately $31.26.