Owens Corning (OC)
Market Cap | 12.11B |
Revenue (ttm) | 9.71B |
Net Income (ttm) | 1.32B |
Shares Out | 89.83M |
EPS (ttm) | 14.17 |
PE Ratio | 9.51 |
Forward PE | 9.67 |
Dividend | $2.08 (1.54%) |
Ex-Dividend Date | Oct 13, 2023 |
Volume | 687,804 |
Open | 135.41 |
Previous Close | 134.73 |
Day's Range | 134.42 - 135.73 |
52-Week Range | 74.22 - 147.00 |
Beta | 1.48 |
Analysts | Buy |
Price Target | 134.93 (+0.09%) |
Earnings Date | Oct 25, 2023 |
About OC
Owens Corning engages in manufacture and sale of insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, Latin America, and internationally. It operates in three segments: Composites, Insulation, and Roofing. 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 other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, d... [Read more]
Financial Performance
In 2022, Owens Corning's revenue was $9.76 billion, an increase of 14.86% compared to the previous year's $8.50 billion. Earnings were $1.24 billion, an increase of 24.72%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for OC stock is "Buy." The 12-month stock price forecast is $134.93, which is an increase of 0.09% from the latest price.
News

Owens Corning Declares Third-Quarter 2023 Dividend
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.52 per common share. The dividend will be payable on No...

These 3 Wood Stocks are about to go on Discount
Coming up with an investment idea is the hardest part of the job. However, investors can add some worthwhile names to their watchlists after much - if not all - of the homework has been done for them.

Owens Corning Appears Insulated From High Rates
The building-products maker is benefiting from demand for new homes.

Owens Corning Appoints Nicolas Del Monaco President, Insulation
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that Nicolas Del Monaco has been appointed President of the company's global Insulation business effective September 15, 2023. M...

Owens Corning CFO stepping down
Owens Corning OC, -1.29% said late Thursday that Chief Financial Officer Ken Parks will be stepping down from his role effective Sept. 15 to “pursue another professional opportunity.

Owens Corning Announces Chief Financial Officer Transition
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that Chief Financial Officer Ken Parks will be stepping down from his role effective September 15 to pursue another professional...

Q&A With David Rabuano, Chief Sustainability Officer, Owens Corning
Originally published in Owens Corning's 2022 Sustainability Report NORTHAMPTON, MA / ACCESSWIRE / August 1, 2023 / In 2022, Owens Corning announced the promotion of David Rabuano to the position of Se...

Owens Corning Delivers Net Sales of $2.6 Billion; Generates Net Earnings of $345 Million and Adjusted EBIT of $534 Million
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported second-quarter 2023 results. Reported Net Sales of $2.6 Billion, Similar to...

Owens Corning to Announce Second-Quarter 2023 Financial Results on July 26
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its second-quarter 2023 financial results on Wednesday, July 26, 2023, before the New York Stock Exchange opens. The co...

4 Industrial Stocks to Consider for the 2nd Half of 2023
With the first half of 2023 coming to a close, investors may be interested in the stocks that have had strong performances so far this year.

Owens Corning Declares Second-Quarter 2023 Dividend
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.52 per common share. The dividend will be payable on Au...

Owens Corning Publishes 2022 Sustainability Report
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today published its 2022 Sustainability Report, Our Mission at Work, outlining the company's progress toward its 2030 sustainability goals. “In ...

Owens-Corning: Cyclical Return Potential for Patient Investors
It's not as exciting as a tech stock, but Owens-Corning ( OC , Financial) does provide cyclical return potential for investors, especially with the muted housing market expected to rebound once intere...

Owens Corning Named Among Top 50 Companies by DiversityInc
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that it has been recognized by DiversityInc as one of its Top 50 companies as leaders in workplace fairness and inclusion practi...

Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $383 Million and Adjusted EBIT of $361 Million
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported first-quarter 2023 results. Reported Net Sales of $2.3 Billion, in-line wit...

Owens Corning to Announce First-Quarter 2023 Financial Results on April 26
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its first-quarter 2023 financial results on Wednesday, April 26, 2023, before the New York Stock Exchange opens. The co...

Owens Corning Named One of 2023 World's Most Ethical Companies® by Ethisphere
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that it has been recognized by Ethisphere as one of the 2023 World's Most Ethical Companies. This marks the sixth consecutive ye...

Owens Corning Delivers Record Full-Year 2022 Results
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported fourth-quarter and full-year 2022 results. Reported Net Sales Increase of 1...
Grade my trade: OC, X, PYPL & NVDA
CNBC's ‘Halftime Report' investment committee, Jason Snipe, Brenda Vingiello, Bryn Talkington and Steve Weiss, weigh in on the Owens Corning, US Steel, PayPal and Nvidia trades.

Owens Corning Declares First-Quarter 2023 Dividend
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.52 per common share. The dividend will be payable on ...

Owens Corning Highlights Comprehensive Insulation Product Line at 2023 International Builders' Show
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) will feature its comprehensive insulation product line at the International Builders' Show (IBS). The event will take place from Jan. 31 to Fe...

Owens Corning to Announce Fourth-Quarter and Full-Year 2022 Financial Results on February 15
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its fourth-quarter and full-year 2022 financial results on Wednesday, February 15, 2023, before the New York Stock Ex...

Owens Corning Earns Place on Dow Jones Sustainability World Index for 13th Consecutive Year
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 13th consecutive year, and on the DJSI North America Index for...