Owens Corning Inc (OC)
| Market Cap | 8.78B |
| Revenue (ttm) | 9.29B |
| Net Income (ttm) | 1.13B |
| Shares Out | 96.24M |
| EPS (ttm) | 11.26 |
| PE Ratio | 8.10 |
| Forward PE | 7.35 |
| Dividend | $1.31 (1.44%) |
| Ex-Dividend Date | Jul 15, 2022 |
| Volume | 449,776 |
| Open | 90.02 |
| Previous Close | 90.22 |
| Day's Range | 89.69 - 91.24 |
| 52-Week Range | 72.97 - 101.12 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 108.94 (+19.5%) |
| Earnings Date | Jul 27, 2022 |
About OC
Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, 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, flooring, pipes and tanks,... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for OC stock is "Buy." The 12-month stock price forecast is 108.94, which is an increase of 19.46% from the latest price.
News
Is it safe to step back into the homebuilder stocks now?
New home sales have reached a bottom, which makes now a perfect time to go shopping in the construction space, says John Lovallo. He's a Senior Equity Research Analyst at UBS.
Owens Corning Completes Acquisition of Natural Polymers
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced it has completed the acquisition of Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and constru...
Owens Corning (OC) Tops on Q2 Earnings, Stock Up on High Margins
Owens Corning's (OC) second-quarter results benefit from the improving customer demand in all end markets served.
Owens Corning (OC) Beats Q2 Earnings and Revenue Estimates
Owens Corning (OC) delivered earnings and revenue surprises of 15.36% and 0.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Owens Corning Delivers Record Net Sales of $2.6 Billion; Generates Net Earnings of $343 Million and Adjusted EBIT of ...
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported second-quarter 2022 results. Reported Net Sales Increase of 16% to $2.6 Billi...
Owens Corning to Announce Second-Quarter Financial Results on July 27
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its second-quarter financial results on Wednesday, July 27, 2022, before the New York Stock Exchange opens. The company w...
Owens Corning Awarded as “2022 National Preferred Partner” by David Weekley Homes
TOLEDO, Ohio--(BUSINESS WIRE)--The Insulation business of Owens Corning (NYSE: OC) has been named a National Preferred Partner by David Weekley Homes in its 18th annual National Preferred Partner Survey...
Owens Corning Spotlights Innovation and the Future of Sustainable Commercial Buildings at A'22
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) will highlight its building science knowledge and expertise during the American Institute of Architects (AIA) A'22 Conference on Architecture, Jun...
Owens Corning (OC) to Buy Natural Polymers, Enhance Portfolio
The Natural Polymers buyout to boost Owens Corning's (OC) core insulation product portfolio.
Owens Corning to Acquire Spray Foam Manufacturer Natural Polymers
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced today that it has signed an agreement to acquire Natural Polymers, LLC, an innovative manufacturer of spray polyurethane foam insulation...
Why BofA Downgrades Homebuilders Owens Corning, Dream Finders Homes
New home demand has deteriorated over the past few weeks due to the spike in mortgage rates, a sharp decline in consumer confidence and the weaker economic growth outlook, according to BofA Securities. ...
Owens Corning (OC) is a Top-Ranked Value Stock: Should You Buy?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Owens Corning Declares Second-Quarter 2022 Dividend
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend will be payable on Augu...
Owens Corning (OC) & Pultron to Offer Fiberglass Rebar
The JV with Pultron Composites will enable Owens Corning (OC) to produce industry-leading fiberglass rebar, thereby expanding market opportunities.
Owens Corning and Pultron Composites Form Joint Venture to Produce Fiberglass Rebar
TOLEDO, Ohio & GISBORNE, New Zealand--(BUSINESS WIRE)--Owens Corning (NYSE: OC) and Pultron Composites announced today that they have signed an agreement to create a joint venture to manufacture industr...
Owens Corning (OC) Grows Decking Business With WearDeck Buyout
Owens Corning (OC) strengthens its North American decking business by acquiring WearDeck.
Owens Corning Completes Acquisition of WearDeck®
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced that it has completed the acquisition of WearDeck®, a premium composite decking and structural lumber manufacturer based in Ocala, Flori...
Why Is Owens Corning (OC) Up 3.6% Since Last Earnings Report?
Owens Corning (OC) reported earnings 30 days ago. What's next for the stock?
Owens Corning Earns No. 1 Ranking on 100 Best Corporate Citizens List for an Unprecedented Fourth Year in a Row
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) earned the top spot on the 100 Best Corporate Citizens list for 2022, announced today by 3BL Media. This is the fourth consecutive year the compan...
Owens Corning (OC) Up 8% Since Earnings: More Upside Left?
Solid demand and focus on expanding its global product offerings to help Owens Corning (OC) to continue its bull run.
Owens Corning's (OC) Q1 Earnings & Sales Top, Margins Rise
Owens Corning's (OC) first-quarter results benefit from the improving customer demand in all end-markets served.
Owens Corning (OC) Surpasses Q1 Earnings and Revenue Estimates
Owens Corning (OC) delivered earnings and revenue surprises of 17.36% and 5.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Owens Corning Delivers Record Net Sales of $2.3 Billion, Generates Net Earnings of $304 Million and Adjusted EBIT of ...
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported first-quarter 2022 results. Reported Net Sales Increase of 23% to $2.3 Billio...