Owens Corning Inc (OC)

NYSE: OC · IEX Real-Time Price · USD
91.19
+0.97 (1.08%)
Aug 12, 2022 4:00 PM EDT - Market closed
1.08%
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...]

Industry Building Products
Founded 1938
CEO Brian Chambers
Employees 20,000
Stock Exchange NYSE
Ticker Symbol OC
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$108.94
(19.46% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: DHI

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. ...

Other symbols: DFH

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...

6 Undervalued Stocks With Growing Earnings and Dividends

These stocks are very attractive dividend stocks with low P/E's, good earnings and low payout ratios that could have growth on tap as well. The post 6 Undervalued Stocks With Growing Earnings and Divide...

Other symbols: AVGOEMRGSPCARQCOM

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.

7 of the Most Undervalued Mid-Cap Stocks to Buy Now

Here are seven undervalued mid-cap stocks that are likely to benefit from stable or increasing consumer demand. The post 7 of the Most Undervalued Mid-Cap Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: AAASOFBHSGNWKBHKGC

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...