Owens Corning Inc (OC)

NYSE
Currency in USD
144.44
-2.63(-1.79%)
Closed
After Hours
144.47+0.03(+0.02%)
OC Scorecard
Full Analysis
Management has been aggressively buying back shares
Unusual trading volume
Fair Value
Day's Range
142.98145.73
52 wk Range
137.50214.53
Owens Corning Inc is currently considered to be trading at Fair valueExplore our list of undervalued stocks for hidden opportunities
Key Statistics
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Prev. Close
147.07
Open
145.15
Day's Range
142.98-145.73
52 wk Range
137.5-214.53
Volume
2.36M
Average Volume (3m)
920.46K
1-Year Change
-13.06%
Book Value / Share
59.18
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
195.58
Upside
+35.41%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 6 consecutive years
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Owens Corning Inc Company Profile

Owens Corning provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Roofing, Insulation, Doors, and Composites. The company offers laminate and strip asphalt roofing shingles, roofing components, and oxidized asphalt. It also provides high, mid, and low temperature products; thermal and acoustical batts, loosefill insulation, spray foam, and foam sheathing and accessories under the Owens Corning PINK, Next Gen, and FIBERGLAS Insulation brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, and cellular glass insulation and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names. In addition, the company offers residential interior and exterior doors; aluminum framed glass doors and window solutions; and door components, such as frames, sills, weather-stripping, and hinges and locks. Further, it manufactures, fabricates, and sells glass reinforcements in the form of fiber and mats. The company distributes its products to distributors, home centers and lumberyards, installers, retailers, homebuilders, contractors, dealers, parts molders, and fabricators. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

Owens Corning Inc SWOT Analysis


Financial Resilience
Owens Corning demonstrates robust financial health with strong profitability metrics, solid cash flows, and a gross profit margin of 30.11% in the last twelve months
Strategic Reshaping
Explore Owens Corning's acquisition of DOOR and potential divestiture of its Glass Reinforcements segment, signaling a shift towards higher-margin operations
Market Leadership
Delve into Owens Corning's competitive advantage in roofing and insulation, maintaining strong margins amidst challenging market conditions
Future Trajectory
Analyst projections indicate EPS growth from $14.86 in FY2024 to $15.70 in FY2025, with price targets ranging from $180 to $217
Read full SWOT analysis

Owens Corning Inc Earnings Call Summary for Q2/2024

  • Q2 2024: Adjusted EBIT up 10% to $588M, EBITDA up 12% to $742M; Masonite acquisition enhances residential product portfolio
  • Strategic review of glass reinforcements business; investing in capacity expansion; plans to return ~50% of free cash flow to shareholders
  • Q3 outlook: Low 20% revenue growth expected, driven by strong North American building and construction demand
  • Challenges: Soft demand in Doors segment, weaker European macros affecting Insulation, Composites facing headwinds in Asia and Europe
  • Focus on non-discretionary repair projects in Roofing offsetting discretionary demand decline in Doors; cautious consumer spending noted
Last Updated: 2024/08/07, 12:02
Read Full Transcript

Compare OC to Peers and Sector

Metrics to compare
OC
Peers
Sector
Relationship
P/E Ratio
19.1x20.7x11.8x
PEG Ratio
−0.430.280.03
Price/Book
2.4x3.5x1.4x
Price / LTM Sales
1.1x2.0x1.2x
Upside (Analyst Target)
39.2%17.9%24.8%
Fair Value Upside
Unlock−3.2%8.4%Unlock

Analyst Ratings

9 Buy
8 Hold
0 Sell
Ratings:
17 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 195.58
(+35.41% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 7.45%
Dividend Yield
1.88%
Industry Median 1.46%
Annualised payout
2.76
Paid quarterly
5-Years Growth
+22.57%
Growth Streak

Earnings

Latest Release
Feb 24, 2025
EPS / Forecast
3.22 / 2.90
Revenue / Forecast
2.84B / 2.78B
EPS Revisions
Last 90 days

FAQ

What Is the Owens Corning (OC) Stock Price Today?

The Owens Corning stock price today is 144.44

What Stock Exchange Does Owens Corning Trade On?

Owens Corning is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Owens Corning?

The stock symbol for Owens Corning is "OC."

Does Owens Corning Pay Dividends? What’s The Current Dividend Yield?

The Owens Corning dividend yield is 1.91%.

What Is the Owens Corning Market Cap?

As of today, Owens Corning market cap is 12.36B.

What is Owens Corning Earnings Per Share?

The Owens Corning EPS is 7.45.

What Is the Next Owens Corning Earnings Date?

Owens Corning will release its next earnings report on 22 Apr 2025.

From a Technical Analysis Perspective, Is OC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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