TSE:OSBNorbord Stock Price, Forecast & News

Norbord's stock was trading at C$26.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OSB shares have increased by 43.6% and is now trading at C$37.51. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norbord in the last year. There are currently 2 buy ratings and 1 strong buy rating 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 (TSE:OSB) announced its quarterly earnings data on Wednesday, May, 6th. The company reported $0.35 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.05. The business had revenue of $626.92 million for the quarter, compared to analysts' expectations of $639.36 million. View Norbord's earnings history.

Norbord declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.05 per share on Monday, June 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, May 29th. View Norbord's dividend history.

3 equities research analysts have issued 12-month target prices for Norbord's stock. Their forecasts range from C$30.00 to C$37.00. On average, they anticipate Norbord's share price to reach C$32.50 in the next twelve months. This suggests that the stock has a possible downside of 13.4%. View analysts' price targets for Norbord.

News articles about OSB stock have been trending somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Norbord earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Norbord.

Some companies that are related to Norbord include Magellan Financial Group (MFG), SCHRODERS/PAR VTG FPD 1 (SDR), 3i Group (III), IGM Financial (IGM), Hargreaves Lansdown (HL), TMX Group (X), Australian Foundation Investment Co.Ltd. (AFI), DWS Group & GmbH Co KgaA (DWS), ONEX (ONEX), JANUS/IDR UNRESTR (JHG), Argo Investments (ARG), M&G (MNG), Intermediate Capital Group (ICP), CI Financial (CIX) and F&C Investment Trust (FCIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Norbord investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Open Text (OTEX), Wheaton Precious Metals (WPM) and Rogers Communications (RCI).

Norbord trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OSB."

Shares of OSB and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of OSB stock can currently be purchased for approximately C$37.51.

Norbord has a market capitalization of C$3.02 billion and generates C$1.72 billion in revenue each year. Norbord employs 2,700 workers across the globe.

The official website for Norbord is www.norbord.com.

Norbord's mailing address is 1 Toronto St Suite 600, TORONTO, ON M5C 2W4, Canada. The company can be reached via phone at +1-416-6438820.