Owens Corning (OC)

NYSE: OC · IEX Real-Time Price · USD
134.81
+0.08 (0.06%)
Sep 22, 2023, 4:00 PM EDT - Market closed
0.06%
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]

Sector Industrials
Founded 1938
Employees 19,000
Stock Exchange NYSE
Ticker Symbol OC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$134.93
(0.09% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

9 days ago - Business Wire

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.

Other symbols: UFPIBCC
16 days ago - MarketBeat

Factbox: Stocks to watch as Idalia makes landfall in Florida

Florida is bracing for Tropical Storm Idalia as it intensifies into a major hurricane on Monday before making landfall on the state's Gulf Coast by Wednesday morning.

Other symbols: AIGALLBECNGNRCHDLOWNEE
26 days ago - Reuters

Owens Corning Appears Insulated From High Rates

The building-products maker is benefiting from demand for new homes.

26 days ago - WSJ

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...

4 weeks ago - Business Wire

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.

4 weeks ago - Market Watch

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...

4 weeks ago - Business Wire

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...

7 weeks ago - Accesswire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

Other symbols: BLDRUALWCC
3 months ago - GuruFocus

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...

3 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

4 months ago - GuruFocus

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...

5 months ago - Business Wire

12 Stocks That Offer Growth, Value, and Momentum

Why pick one factor or style of investing when you can have them all?

Other symbols: ALSNCCKDVAFLTHCALENMAS
5 months ago - Barrons

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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.

Other symbols: NVDAPYPLX
8 months ago - CNBC Television

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

10 months ago - Business Wire