Owens Corning (OC)
Market Cap | 14.53B |
Revenue (ttm) | 10.44B |
Net Income (ttm) | 1.04B |
Shares Out | 85.78M |
EPS (ttm) | 11.72 |
PE Ratio | 14.46 |
Forward PE | 10.74 |
Dividend | $2.76 (1.63%) |
Ex-Dividend Date | Jan 6, 2025 |
Volume | 4,553,087 |
Open | 168.89 |
Previous Close | 169.50 |
Day's Range | 168.21 - 172.53 |
52-Week Range | 138.70 - 214.53 |
Beta | 1.43 |
Analysts | Buy |
Price Target | 200.83 (+18.55%) |
Earnings Date | Feb 12, 2025 |
About 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 b... [Read more]
Financial Performance
In 2023, Owens Corning's revenue was $9.68 billion, a decrease of -0.86% compared to the previous year's $9.76 billion. Earnings were $1.20 billion, a decrease of -3.63%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for OC stock is "Buy." The 12-month stock price forecast is $200.83, which is an increase of 18.55% from the latest price.
News
4 Dividend Picks For 2025: JPMorgan's Top Income Stocks To Energize Your Portfolio
Looking for steady cash flow in 2025? JPMorgan analysts have spotlighted four income-generating stock picks that offer dividend appeal and potential price upside.
Owens Corning Earns Place on Dow Jones Sustainability World Index for 15th Consecutive Year
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 15th consecutive year and on the DJSI North America Index for th...
Owens Corning Named to Wall Street Journal's List of Best-Managed Companies of 2024
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) has been named one of the best-managed companies in the United States by the Wall Street Journal. Earning a spot on the list each year since its...
Owens Corning Announces 15% Dividend Increase
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.69 per common share, a 15% increase compared to the pri...
Owens Corning Elects Michelle Collins to Board of Directors; W. Howard Morris to Not Stand for Re-election
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced today that Michelle Collins, former Vice Chair, Senior Audit Partner, and National Automotive Sector Leader for Deloitte & Touche LLP,...
Polymer Foam Market Forecast Report to 2030, Featuring Case Studies of Kingspan's Hemkor Range and Alphacore and Owens Corning's Foamular Next-Generation Extruded
Dublin, Nov. 12, 2024 (GLOBE NEWSWIRE) -- The "Polymer Foam Market by Resin Type (PU, PS, PO, Phenolic), Foam Type (Rigid, Flexible), End-Use Industry (Building & Construction, Packaging, Automotive, ...
Owens Corning (OC) Q3 2024 Earnings Call Transcript
Owens Corning (NYSE:OC) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Amber Wohlfarth - Vice President, Investor Relations, Corporate Affairs Brian Chambers - Chai...
Owens Corning Delivers Net Sales of $3.0 Billion; Generates Net Earnings of $321 Million and Adjusted EBIT of $582 Million
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today reported third-quarter 2024 results. Reported Net Sales of $3.0 Billion, a 23% Inc...
Owens Corning Toasts the 2025 Shingle Color of the Year: Merlot
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced its 2025 Shingle Color of the Year: “Merlot.” A complex yet welcoming, on-trend alternative to conventional red, the shingle col...
Owens Corning: Balanced Prospects Amid Fair Valuation
Owens Corning's strong market position and pricing power are bolstered by strategic acquisitions like Masonite and a focus on energy-efficient building materials. Financially, the company faces higher...
Owens Corning Named to the 100 Best Corporate Citizens of 2024
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) has been recognized by 3BL as one of the 100 Best Corporate Citizens of 2024. Ranked fourth overall among the largest public companies in the U....
Owens Corning to Announce Third-Quarter Financial Results on November 6
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its third-quarter financial results on Wednesday, November 6, 2024, before the New York Stock Exchange opens. The compa...
Final Trades: Diamondback Energy, Owens Corning, Synovus and the XLF
The Investment Committee give you their top stocks to watch for the second half.
Top 3 rate-sensitive stocks to watch in 2025 amid Fed rate cuts
US stocks have surged over the past two days following the Federal Reserve's decision to lower its benchmark interest rate by 50 basis points. This marks the Fed's first rate cut in four years and sig...
Owens Corning Declares Third-Quarter 2024 Dividend
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.60 per common share. The dividend will be payable on No...
Trade Tracker: Bill Baruch sells Oracle and buys Owens Corning
Bill Baruch, founder and president Blue Line Capital, joins CNBC's “Halftime Report” to explain his latest portfolio moves.
Owens Corning to Showcase the Power of Composites to ‘Make More Possible' at CAMX 2024
TOLEDO, Ohio--(BUSINESS WIRE)--Composites experts from Owens Corning (NYSE: OC) will showcase the power of composites to “Make More Possible” at CAMX 2024, Sept. 9-12, in San Diego, Calif. Industry-Le...
Cincinnati Affordable Contracting Named Owens Corning Preferred Roofing Contractor
Olde West Chester, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Olde West Chester, Ohio - Cincinnati Affordable Contracting has just been officially recognized as an Owens Corning Preferred Contractor. This stat...
Owens Corning Price Dips, While Acquisition Will Generate Growth
Owens Corning is undervalued at $157.03, with a one-year target price of $186.46. Recent acquisition of Masonite is expected to boost revenue by 30.16% to $12.6 billion in 2025. Strong financial perfo...
Owens Corning Delivers Net Sales of $2.8 Billion; Generates Net Earnings of $285 Million and Adjusted EBIT of $588 Million
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global residential and commercial building products leader, today reported second-quarter 2024 results. These results include performance of ...
Our Top 10 Dividend Growth Stocks: July 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...
Owens Corning to Announce Second-Quarter Financial Results on August 6
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its second-quarter financial results on Tuesday, August 6, 2024, before the New York Stock Exchange opens. The company ...
Owens Corning Declares Second-Quarter 2024 Dividend
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.60 per common share. The dividend will be payable on Au...
Dividend Growth Stock Owens Corning Likely To Run Higher (Technical Analysis)
Owens Corning is experiencing a breakout to new highs, indicating institutional accumulation and potential for higher prices. The company manufactures products for residential and commercial buildings...
Monthly Options Series: Earn A Potentially Consistent 10% Income (June 2024)
We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for Opti...