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NYSE:OC

Owens Corning (OC) Stock Price, News & Analysis

$157.15
-1.79 (-1.13%)
(As of 09/6/2024 ET)
Today's Range
$157.10
$162.80
50-Day Range
$153.96
$186.49
52-Week Range
$109.95
$191.13
Volume
689,124 shs
Average Volume
670,554 shs
Market Capitalization
$13.62 billion
P/E Ratio
12.72
Dividend Yield
1.53%
Price Target
$184.23

Owens Corning MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
17.2% Upside
$184.23 Price Target
Short Interest
Healthy
1.96% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.97
Upright™ Environmental Score
News Sentiment
0.64mentions of Owens Corning in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.11 M Sold Last Quarter
Proj. Earnings Growth
4.29%
From $15.38 to $16.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.48 out of 5 stars

Construction Sector

14th out of 99 stocks

Abrasive, Asbestos, & Miscellaneous Nonmetallic Mineral Products Industry

1st out of 1 stocks

OC stock logo

About Owens Corning Stock (NYSE:OC)

Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications. This segment sells its products through distributors, home centers, and lumberyards, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and composite lumber. Its products are used in building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The company was incorporated in 1938 and is headquartered in Toledo, Ohio.

OC Stock Price History

OC Stock News Headlines

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3 High-Potential Stocks Analysts Say Could Soar (OC)
Three stocks were the target for Wall Street analysts to assign target boosts lately despite a broader market selloff. All backed by solid fundamentals
Financial markets news icon
MarketBeat Week in Review – 8/5 - 8/9 (OC)
Stocks were looking for direction to end the week, but next week may bring more volatility with the latest reading on inflation and the start of retail earnings
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
fiberglass insulation in the attic
Owens-Corning Stock: Good Value or Recession Red Flag? (OC)
A solid earnings report wasn't enough to reverse the pre-earnings selloff in OC stock, but solid fundamentals and past history suggest this is a buyable dip
Owens Corning (NYSE:OC) Downgraded by StockNews.com to "Hold"
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Barclays Reaffirms Their Hold Rating on Owens Corning (OC)
Loop Capital Markets Keeps Their Buy Rating on Owens Corning (OC)
See More Headlines
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Company Calendar

Ex-Dividend for 8/2 Dividend
7/15/2024
Dividend Payable
8/02/2024
Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Abrasive, asbestos, & miscellaneous nonmetallic mineral products
Sub-Industry
Building Products
CUSIP
69074210
Employees
18,000
Year Founded
1938

Price Target and Rating

Average Stock Price Target
$184.23
High Stock Price Target
$215.00
Low Stock Price Target
$143.00
Potential Upside/Downside
+17.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

Net Income
$1.20 billion
Pretax Margin
14.13%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$20.12 per share
Book Value
$63.54 per share

Miscellaneous

Free Float
85,886,000
Market Cap
$13.62 billion
Optionable
Optionable
Beta
1.41

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OC Stock Analysis - Frequently Asked Questions

How have OC shares performed this year?

Owens Corning's stock was trading at $148.23 on January 1st, 2024. Since then, OC shares have increased by 6.0% and is now trading at $157.15.
View the best growth stocks for 2024 here
.

How were Owens Corning's earnings last quarter?

Owens Corning (NYSE:OC) posted its quarterly earnings results on Tuesday, August, 6th. The construction company reported $4.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.37 by $0.27. The company's revenue for the quarter was up 8.8% compared to the same quarter last year.

What is Brian Chambers' approval rating as Owens Corning's CEO?

73 employees have rated Owens Corning Chief Executive Officer Brian Chambers on Glassdoor.com. Brian Chambers has an approval rating of 87% among the company's employees.

Does Owens Corning have any subsidiaries?

The following companies are subsidiaries of Owens Corning: Paroc Group, Pittsburgh Corning, InterWrap, Thermafiber, FiberTEK Insulation, The Modulo /ParMur Group, Asahi Glass - Composites Business, and others.

Who are Owens Corning's major shareholders?

Owens Corning's top institutional investors include Davis Selected Advisers (2.63%), Dimensional Fund Advisors LP (2.31%), LSV Asset Management (1.89%) and Pacer Advisors Inc. (1.84%). Insiders that own company stock include Brian Chambers, Marcio A Sandri, Daniel T Smith, W Howard Morris, Gunner Smith, Todd W Fister, Paula Russell, Kelly Schmidt, Monaco Nicolas Del and Mari Doerfler.
View institutional ownership trends
.

How do I buy shares of Owens Corning?

Shares of OC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Owens Corning own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Owens Corning investors own include Energy Transfer (ET), AT&T (T), Intel (INTC), Pfizer (PFE), Ford Motor (F), Micron Technology (MU) and D.R. Horton (DHI).

This page (NYSE:OC) was last updated on 9/7/2024 by MarketBeat.com Staff

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