Owens Corning (OC)
| Market Cap | 14.19B |
| Revenue (ttm) | 10.44B |
| Net Income (ttm) | 1.04B |
| Shares Out | 85.78M |
| EPS (ttm) | 11.72 |
| PE Ratio | 14.12 |
| Forward PE | 10.50 |
| Dividend | $2.76 (1.67%) |
| Ex-Dividend Date | Mar 10, 2025 |
| Volume | 1,219,229 |
| Open | 173.63 |
| Previous Close | 172.10 |
| Day's Range | 162.72 - 173.63 |
| 52-Week Range | 145.50 - 214.53 |
| Beta | 1.46 |
| Analysts | Buy |
| Price Target | 201.75 (+21.93%) |
| Earnings Date | Feb 24, 2025 |
About OC
Owens Corning engages in the provision of residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Roofing, Insulation, Doors, and Composites. The Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, and roofing components primarily used in residential and commercial construction. The Insulation segment manufactures and sells thermal and acoustical batts, loose fill insulation, spray foam insulation, foam sheat... [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 $201.75, which is an increase of 21.93% from the latest price.
News
Owens Corning Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Owens Corning OC will release its fourth-quarter financial results after the closing bell on Monday, Feb. 24.
Owens Corning to exit glass reinforcements business in $755 million deal
Construction equipment maker Owens Corning said on Friday it has agreed to sell its glass reinforcements business to India-based Praana Group in a deal valued at $755 million.
Owens Corning to Sell Glass Reinforcements Business to Praana Group
TOLEDO, Ohio & MUMBAI, India--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, and Praana Group, an India-based holding group that operates a diverse p...
Owens Corning to Build New Shingle Plant in Southeastern U.S.
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today announced an investment in shingle manufacturing capacity with the addition of a n...
Owens Corning to Announce Fourth-Quarter and Full-Year 2024 Financial Results on February 24
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its fourth-quarter and full-year 2024 financial results on Monday, February 24, 2025, before the New York Stock Exchang...
Owens Corning Declares First-Quarter 2025 Dividend
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. The dividend will be payable on Ap...
Owens Corning: Steady Post The Masonite Deal
Owens Corning's transformation focusing on ESG, insulation, and energy transition has driven significant advancements, including the strategic acquisition of Masonite to boost earnings growth. The com...
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...