TSE:OSB

Norbord Inc. (OSB.TO) Stock Forecast, Price & News

C$51.56

+0.69 (+1.36 %)

(As of 01/18/2021 12:00 AM ET)

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Today's Range

C$48.72

Now: C$51.56▼

C$51.76

50-Day Range

C$48.69

MA: C$54.09▼

C$56.63

52-Week Range

C$13.01

Now: C$51.56▼

C$58.16

Volume51,019 shs

Average Volume173,633 shs

Market CapitalizationC$4.16 billion

P/E Ratio18.28

Dividend Yield2.26%

BetaN/A

Norbord Inc. manufactures and sells wood-based panels for retail chains, contractor supply yards, and industrial manufacturers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fiberboards for use in cabinet doors, moldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, TruFlor pointSIX and TruFlor, Rimboard, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, Conti, and Caberboard brand names. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004. Norbord Inc. was founded in 1987 and is headquartered in Toronto, Canada.

MarketRank^™

Overall MarketRank^™

1.33 out of 5 stars

1.2 Analyst's Opinion

Consensus Rating
Norbord Inc. (OSB.TO) has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$53.81, Norbord Inc. (OSB.TO) has a forecasted upside of 4.4% from its current price of C$51.56.
Amount of Analyst Coverage
Norbord Inc. (OSB.TO) has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Norbord Inc. (OSB.TO) has received 441 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Norbord Inc. (OSB.TO) has received 456 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Norbord Inc. (OSB.TO) has received 50.84% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Norbord Inc. (OSB.TO) and other stocks. Vote “Outperform” if you believe OSB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OSB will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Norbord Inc. (OSB.TO) pays a meaningful dividend of 2.26%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Norbord Inc. (OSB.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Norbord Inc. (OSB.TO) is 20.04%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Norbord Inc. (OSB.TO) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Norbord Inc. (OSB.TO) is 18.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of Norbord Inc. (OSB.TO) is 18.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.20.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Norbord Inc. (OSB.TO), their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Norbord Inc. (OSB.TO) has a P/B Ratio of 4.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Asset Management

Sub-IndustryN/A

SectorFinance

Current SymbolTSE:OSB

Previous SymbolTSE:NBD

CUSIPN/A

CIKN/A

Webwww.norbord.com

Phone+1-416-6438820

Employees2,400

Debt

Debt-to-Equity Ratio76.05

Current Ratio2.18

Quick Ratio1.49

Price-To-Earnings

Trailing P/E Ratio18.28

Forward P/E Ratio10.74

P/E Growth-0.44

Sales & Book Value

Annual SalesC$1.99 billion

Price / Sales2.10

Cash FlowC$3.01 per share

Price / Cash Flow17.10

Book ValueC$10.92 per share

Price / Book4.72

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares80,710,000

Market CapC$4.16 billion

Next Earnings Date2/3/2021 (Estimated)

OptionableNot Optionable

C$51.56

+0.69 (+1.36 %)

(As of 01/18/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Norbord Inc. (OSB.TO) (TSE:OSB) Frequently Asked Questions

How has Norbord Inc. (OSB.TO)'s stock been impacted by Coronavirus (COVID-19)?

Norbord Inc. (OSB.TO)'s stock was trading at C$26.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OSB stock has increased by 97.4% and is now trading at C$51.56.
View which stocks have been most impacted by COVID-19.

Is Norbord Inc. (OSB.TO) a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Norbord Inc. (OSB.TO) in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Norbord Inc. (OSB.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OSB, but not buy additional shares or sell existing shares.
View analyst ratings for Norbord Inc. (OSB.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Norbord Inc. (OSB.TO)?

Wall Street analysts have given Norbord Inc. (OSB.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Norbord Inc. (OSB.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Norbord Inc. (OSB.TO)'s next earnings date?

Norbord Inc. (OSB.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Norbord Inc. (OSB.TO).

How were Norbord Inc. (OSB.TO)'s earnings last quarter?

Norbord Inc. (OSB.TO) (TSE:OSB) posted its earnings results on Thursday, November, 5th. The company reported $3.36 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.44. The company earned $966.11 million during the quarter, compared to the consensus estimate of $933.83 million.
View Norbord Inc. (OSB.TO)'s earnings history.

How often does Norbord Inc. (OSB.TO) pay dividends? What is the dividend yield for Norbord Inc. (OSB.TO)?

Norbord Inc. (OSB.TO) announced a quarterly dividend on Thursday, November 5th. Investors of record on Tuesday, December 1st will be paid a dividend of 0.60 per share on Monday, December 21st. This represents a $2.40 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date of this dividend is Monday, November 30th. This is a boost from Norbord Inc. (OSB.TO)'s previous quarterly dividend of C$0.30.
View Norbord Inc. (OSB.TO)'s dividend history.

Is Norbord Inc. (OSB.TO) a good dividend stock?

Norbord Inc. (OSB.TO) pays an annual dividend of C$0.57 per share and currently has a dividend yield of 2.26%. The dividend payout ratio of Norbord Inc. (OSB.TO) is 20.04%. This payout ratio is at a healthy, sustainable level, below 75%.
View Norbord Inc. (OSB.TO)'s dividend history.

What price target have analysts set for OSB?

7 analysts have issued twelve-month target prices for Norbord Inc. (OSB.TO)'s stock. Their forecasts range from C$40.00 to C$69.00. On average, they expect Norbord Inc. (OSB.TO)'s share price to reach C$53.81 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price.
View analysts' price targets for Norbord Inc. (OSB.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Norbord Inc. (OSB.TO)'s key competitors?

Some companies that are related to Norbord Inc. (OSB.TO) include 3i Group Plc (III.L) (III), IGM Financial Inc. (IGM.TO) (IGM), Schroders plc (SDR.L) (SDR), Hargreaves Lansdown plc (HL.L) (HL), Onex Co. (ONEX.TO) (ONEX), TMX Group Limited (X.TO) (X), DWS Group GmbH & Co. KGaA (DWS.F) (DWS), M&G plc (MNG.L) (MNG), Intermediate Capital Group plc (ICP.L) (ICP), F&C Investment Trust PLC (FCIT.L) (FCIT), CI Financial Corp (CIX.TO) (CIX), HICL Infrastructure (HICL), Ashmore Group PLC (ASHM.L) (ASHM), RIT Capital Partners (RCP.L) (RCP) and Monks Investment Trust (MNKS.L) (MNKS).
View all of OSB's competitors.

What other stocks do shareholders of Norbord Inc. (OSB.TO) own?

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

Who are Norbord Inc. (OSB.TO)'s key executives?

Norbord Inc. (OSB.TO)'s management team includes the following people:

Mr. Peter C. Wijnbergen, Pres, CEO & Director (Age 58, Pay $775.08k)
Ms. Robin E. Lampard, Sr. VP & CFO
Mr. Mark R. Dubois-Phillips, Sr. VP of Sales, Marketing & Logistics of North America
Mr. Kevin John Burke, Sr. VP of North American Operations
Mr. Alan G. McMeekin, Sr. VP of Europe
Mr. James L. Black, VP of Technology & Engineering Services
Robert B. Winslow C.F.A., VP of Investor Relations & Corp. Devel.
Tracy Connelly McGilley, Gen. Counsel & Corp. Sec.
Mr. Gregory Richard Mackie, VP of HR & Environment and Health & Safety
Ms. Elaine G. Toomey, Assistant Corp. Sec.

What is Norbord Inc. (OSB.TO)'s stock symbol?

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

How do I buy shares of Norbord Inc. (OSB.TO)?

Shares of OSB and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Norbord Inc. (OSB.TO)'s stock price today?

One share of OSB stock can currently be purchased for approximately C$51.56.

How big of a company is Norbord Inc. (OSB.TO)?

Norbord Inc. (OSB.TO) has a market capitalization of C$4.16 billion and generates C$1.99 billion in revenue each year. Norbord Inc. (OSB.TO) employs 2,400 workers across the globe.

What is Norbord Inc. (OSB.TO)'s official website?

The official website for Norbord Inc. (OSB.TO) is www.norbord.com.

How can I contact Norbord Inc. (OSB.TO)?

Norbord Inc. (OSB.TO)'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.

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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