Owens Corning (OC)
| Market Cap | 14.55B |
| Revenue (ttm) | 9.87B |
| Net Income (ttm) | 1.05B |
| Shares Out | 86.95M |
| EPS (ttm) | 11.79 |
| PE Ratio | 14.17 |
| Forward PE | 10.85 |
| Dividend | $2.40 (1.44%) |
| Ex-Dividend Date | Jul 15, 2024 |
| Volume | 349,083 |
| Open | 166.66 |
| Previous Close | 165.60 |
| Day's Range | 165.13 - 168.16 |
| 52-Week Range | 109.95 - 191.13 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 188.36 (+12.58%) |
| Earnings Date | Oct 23, 2024 |
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 $188.36, which is an increase of 12.58% from the latest price.
News
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...
Owens Corning Announces Early Settlement Date for Exchange Offer and Consent Solicitation
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that, in connection with the previously announced exchange offer (the “Exchange Offer”) by Owens Corning and consent solicitatio...
Our Top 10 Dividend Growth Stocks - May 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 Completes Acquisition of Masonite, Strengthening Leadership in Building and Construction Materials
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced it has completed its acquisition of Masonite International Corporation (“Masonite”), a leading global provider of interior and e...
Owens Corning and Masonite Announce Successful Results of Early Participation in and Amend the Terms of Exchange Offer and Consent Solicitation
TOLEDO, Ohio & TAMPA, Fla.--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leadi...
Owens Corning and Masonite Announce the Extension of the Expiration Time and Early Participation Deadline for Tender Offer and Consent Solicitation
TOLEDO, Ohio & TAMPA, Fla.--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leadi...
Owens Corning Commences Exchange Offer and Masonite Commences Consent Solicitation
TOLEDO, Ohio & TAMPA, Fla.--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leadi...
Owens Corning Announces Expiration of Hart-Scott-Rodino Waiting Period for Planned Acquisition of Masonite
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitr...
Owens Corning and Masonite Extend Early Participation Deadline and Announce Successful Results of Early Participation in Tender Offer and Consent Solicitation
TOLEDO, Ohio & TAMPA, Fla.--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leadi...
Owens Corning (OC) Q1 2024 Earnings Call Transcript
Owens Corning (OC) Q1 2024 Earnings Call Transcript
Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $299 Million and Adjusted EBIT of $438 Million
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported first-quarter 2024 results. Reported Net Sales of $2.3 Billion, in-line wit...
Our Top 10 Dividend Growth Stocks - April 2024
This article focuses on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past, rather than simply sport a high current yield. We use our proprietary models t...
Owens Corning Commences Tender Offer and Masonite Commences Consent Solicitation
TOLEDO, Ohio & TAMPA, Fla.--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leadi...
MASONITE INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Masonite International Corporation – DOOR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Masonite Interna...
Owens Corning to Announce First-Quarter Financial Results on April 24
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its first-quarter financial results on Wednesday, April 24, 2024, before the New York Stock Exchange opens. The company...
Owens Corning Publishes 2023 Sustainability Report
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today published its 2023 Sustainability Report, Making the Difference, outlining the company's progress toward its 2030 sustainability goals. “O...