Owens Corning (OC) Stock Price, News & Analysis

Question

Should I buy or sell Owens Corning stock right now?

Answer 1

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Owens Corning in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OC, but not buy additional shares or sell existing shares.
View OC analyst ratings or view top-rated stocks.

Answer 2

14 brokerages have issued 1 year price objectives for Owens Corning's stock. Their OC share price targets range from $143.00 to $192.00. On average, they predict the company's share price to reach $168.21 in the next year. This suggests a possible upside of 1.9% from the stock's current price.
View analysts price targets for OC or view top-rated stocks among Wall Street analysts.

Answer 3

Owens Corning's stock was trading at $148.23 on January 1st, 2024. Since then, OC shares have increased by 11.3% and is now trading at $165.02.
View the best growth stocks for 2024 here.

Answer 4

Owens Corning saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,990,000 shares, an increase of 22.1% from the February 29th total of 1,630,000 shares. Based on an average trading volume of 674,100 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.3% of the company's shares are sold short.
View Owens Corning's Short Interest.

Answer 5

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our OC earnings forecast.

Answer 6

Owens Corning (NYSE:OC) announced its quarterly earnings data on Wednesday, April, 24th. The construction company reported $3.59 earnings per share for the quarter, topping the consensus estimate of $3.04 by $0.55. The construction company earned $2.30 billion during the quarter, compared to analyst estimates of $2.28 billion. Owens Corning had a net margin of 11.53% and a trailing twelve-month return on equity of 26.52%. The business's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.77 EPS.

Answer 7

Owens Corning declared a quarterly dividend on Thursday, February 1st. Investors of record on Monday, March 4th will be paid a dividend of $0.60 per share on Thursday, April 4th. This represents a $2.40 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, March 1st.
Read our dividend analysis for OC.

Answer 8

Owens Corning (NYSE:OC) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.45%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 19.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OC will have a dividend payout ratio of 14.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OC.

Answer 9

ETFs with the largest weight of Owens Corning (NYSE:OC) stock in their portfolio include SPDR S&P Homebuilders ETF (XHB), Davis Select U.S. Equity ETF (DUSA), Invesco Building & Construction ETF (PKB), VanEck Low Carbon Energy ETF (SMOG), Amplify Cash Flow Dividend Leaders ETF (COWS), Invesco S&P MidCap Momentum ETF (XMMO), SRH U.S. Quality ETF (SRHQ) and Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC).

Answer 10

73 employees have rated Owens Corning Chief Executive Officer Brian Chambers on Glassdoor.com. Brian Chambers has an approval rating of 87% among the company's employees.

Answer 11

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens Corning investors own include Energy Transfer (ET), AT&T (T), Intel (INTC), Pfizer (PFE), Ford Motor (F), Micron Technology (MU), D.R. Horton (DHI), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and QUALCOMM (QCOM).

Answer 12

Owens Corning's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (1.14%), Zurcher Kantonalbank Zurich Cantonalbank (0.81%), Robeco Schweiz AG (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Allspring Global Investments Holdings LLC (0.18%) and Raymond James & Associates (0.10%). Insiders that own company stock include Brian Chambers, Daniel T Smith, Gunner Smith, Kelly Schmidt, Marcio A Sandri, Paula Russell, Todd W Fister and W Howard Morris.
View institutional ownership trends.

Answer 13

Shares of OC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Answer 14

The following companies are subsidiares of Owens Corning: 0979301 B.C. ULC, AS Paroc, Asahi Glass - Composites Business, Crown Mfg. Inc., Deutsche Foamglas GmbH, Dutch OC Coöperatief Invest U.A., European Owens Corning Fiberglas SRL, FOAMGLAS (Italia) SRL, FOAMGLAS (Nordic) AB, FiberTEK Insulation, Fibreboard Corp., Finefiber (Shanghai) Building Material Co. Ltd., Finefiber Insulation Co. Pte. Ltd., IBCO SRL, IPM Inc., InterWrap, InterWrap (Hong Kong) Ltd., InterWrap (Qingdao) Trading Co. Ltd., InterWrap Corp., InterWrap Corp. Private Ltd., International Packaging Products Pvt. Ltd., Inversiones Owens Corning Chile Holdings Limitada, Northern Elastomeric, OC Canada Finance Inc., OC Canada Holdings General Partnership, OC Celfortec Company, OC Latin American Holdings GmbH, OC NL Invest Coöperatief U.A., OC PRO CV, OC Steklovolokno AO, OCCV1 Inc., OCCV2 LLC, OCV (Thailand) Co. Limited, OCV Chambéry France, OCV Chambéry International, OCV Finance LLC, OCV Intellectual Capital LLC, OCV Italia Srl, OCV Mexico S. de R.L. de C.V., OCV Servicios Mexico S.A. de C.V., OOO Paroc, Owens Corning (Australia) Pty Limited, Owens Corning (China) Investment Company Limited, Owens Corning (Guangde) Rock Wood Manufacturing Co. Ltd, Owens Corning (Guangzhou) Fiberglas Co. Ltd., Owens Corning (Hangzhou) Fiberglass Co. Ltd., Owens Corning (India) Private Limited, Owens Corning (Nanjing) Building Materials Co. Ltd., Owens Corning (Shanghai) Fiberglas Co. Ltd., Owens Corning (Singapore) Pte Ltd, Owens Corning (Tianjin) Building Materials Co. Ltd., Owens Corning (Xi’an) Building Materials Co. Ltd., Owens Corning Alloy Canada GP Inc., Owens Corning Alloy Canada LP, Owens Corning Argentina Sociedad de Responsabilidad Limitada, Owens Corning Automotive LLC, Owens Corning BM (Korea) Ltd, Owens Corning By LLC, Owens Corning CV GP LLC, Owens Corning Canada GP Inc., Owens Corning Canada Holdings B.V., Owens Corning Canada Holdings ULC, Owens Corning Canada LP, Owens Corning Cayman (China) Holdings, Owens Corning Celfortec Canada GP Inc., Owens Corning Celfortec LP, Owens Corning Composite Materials Canada GP Inc., Owens Corning Composite Materials Canada LP, Owens Corning Composite Materials LLC, Owens Corning Composites (Beijing) Co. Ltd., Owens Corning Composites (China) Co. Ltd., Owens Corning Construction Services LLC, Owens Corning Corporate Services LLC, Owens Corning Elaminator Insulation Systems LLC, Owens Corning Enterprise (India) Pvt. Ltd., Owens Corning Fabrics (Changzhou) Co. Ltd., Owens Corning Fiberglas (U.K.) Pension Plan Ltd., Owens Corning Fiberglas A.S. Limitada, Owens Corning Fiberglas Espana SL, Owens Corning Fiberglas France, Owens Corning Financial Services ULC, Owens Corning Finland Oy, Owens Corning Foam Insulation LLC, Owens Corning GlassMetal Services (Suzhou) Co. Ltd., Owens Corning Global Holdings II Limited Partnership, Owens Corning Global Holdings Limited Partnership, Owens Corning HOMExperts Inc., Owens Corning HT Inc., Owens Corning Holdings 1 CV, Owens Corning Holdings 3 CV, Owens Corning Holdings 4 CV, Owens Corning Holdings 5 CV, Owens Corning Holdings Holland B.V., Owens Corning Hong Kong Limited, Owens Corning Industries (India) Private Limited, Owens Corning Infrastructure Solutions LLC, Owens Corning Insulating Systems Canada GP Inc., Owens Corning Insulating Systems Canada LP, Owens Corning Insulating Systems LLC, Owens Corning Intellectual Capital LLC, Owens Corning InterWrap Canada GP Inc., Owens Corning InterWrap Canada LP, Owens Corning International Holdings C.V., Owens Corning Japan LLC, Owens Corning Kohold B.V., Owens Corning Korea, Owens Corning Mexico S. de R.L. de C.V., Owens Corning Mineral Wool LLC, Owens Corning Non-Woven - Blythewood LLC, Owens Corning Non-Woven Technology LLC, Owens Corning Receivables LLC, Owens Corning Reinforcements (Hangzhou) Co. Ltd., Owens Corning Remodeling Systems LLC, Owens Corning Roofing S. de R.L. de C.V., Owens Corning Roofing and Asphalt LLC, Owens Corning Sales LLC, Owens Corning Science and Technology LLC, Owens Corning Supplementary Pension Plan Limited, Owens Corning Technical Fabrics LLC, Owens Corning Treasury Services LLC, Owens Corning U.S. Holdings LLC, Owens-Corning Britinvest Limited, Owens-Corning Cayman Limited, Owens-Corning Fiberglas Deutschland GmbH, Owens-Corning Funding Corporation, Owens-Corning Veil Netherlands B.V., Owens-Corning Veil U.K. Ltd., Paroc AB, Paroc GmbH, Paroc Group, Paroc Group Oy, Paroc Limited, Paroc Oy Ab, Paroc Polska Sp. Z o.o., Pittsburgh Corning, Pittsburgh Corning (Suisse) SA, Pittsburgh Corning (United Kingdom) Limited, Pittsburgh Corning (Yantai) Insulation Materials Co. Ltd, Pittsburgh Corning Asia Limited, Pittsburgh Corning CR S.R.O., Pittsburgh Corning Europe N.V., Pittsburgh Corning France, Pittsburgh Corning Gesellschaft m.b.h., Pittsburgh Corning LLC, Pittsburgh Corning Nederland B.V., Pittsburgh Corning Singapore Pte. Ltd, Qingdao Novia Polymer Co. Ltd., SIA Paroc, Soltech Inc., The Modulo /ParMur Group, Thermafiber, Thermafiber Inc., Transandina de Comercio S.A., UAB Paroc, UC Industries, and Vitro Fibras.

Owens Corning (OC) Stock Price, News & Analysis

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