Owens Corning (OC)

NYSE: OC · Real-Time Price · USD
169.41
-0.09 (-0.05%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.05%
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]

Sector Industrials
Founded 1938
Employees 18,000
Stock Exchange NYSE
Ticker Symbol OC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$200.83
(18.55% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: ETHASINLY
1 day ago - Benzinga

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...

3 days ago - Business Wire

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...

5 days ago - Business Wire

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...

15 days ago - Business Wire

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,...

16 days ago - Business Wire

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, ...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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....

2 months ago - Business Wire

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...

2 months ago - Business Wire

Final Trades: Diamondback Energy, Owens Corning, Synovus and the XLF

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: FANGSNVXLF
2 months ago - CNBC Television

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...

Other symbols: GOOGGOOGLJPM
3 months ago - Invezz

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...

3 months ago - Business Wire

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.

Other symbols: ORCL
3 months ago - CNBC Television

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...

3 months ago - Business Wire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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 ...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

Other symbols: AAESAGCOAMATDHIEOGIMO
7 months ago - Seeking Alpha