Owens Corning
OC

$157.15

1.13%

Market Cap: $13.7B

About: Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. It generates maximum revenue from the Roofing segment. Its Roofing segment laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt. It meets the growing demand for longer-lasting, aesthetically attractive laminate products with modest capital investment. Geographically the company generates the majority of its revenue from the United States.

Employees: 18,000

Materials Abrasive, Asbestos & Miscellaneous Nonmetallic Mineral Products

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

69% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 64

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

7% more funds holding

Funds holding: 653 [Q1] → 697 (+44) [Q2]

6% more capital invested

Capital invested by funds: $12.7B [Q1] → $13.5B (+$777M) [Q2]

1.99% more ownership

Funds ownership: 87.83% [Q1] → 89.82% (+1.99%) [Q2]

0% more call options, than puts

Call options by funds: $24M | Put options by funds: $23.9M

14% less repeat investments, than reductions

Existing positions increased: 230 | Existing positions reduced: 269

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$175

11%

upside

Avg. target

$194

24%

upside

High target

$215

37%

upside

8 analyst ratings

4 positive

50%

4 neutral

50%

0 negative

0%

RBC Capital Mike Dahl 56% 1-year accuracy 28 / 50 met price target	36%upside $213	Outperform Maintained	7 Aug 2024
UBS John Lovallo 79% 1-year accuracy 11 / 14 met price target	25%upside $197	Buy Maintained	7 Aug 2024
Evercore ISI Group Stephen Kim 65% 1-year accuracy 13 / 20 met price target	11%upside $175	In-Line Maintained	7 Aug 2024
Evercore ISI Group Stephen Kim 65% 1-year accuracy 13 / 20 met price target	20%upside $188	In-Line Maintained	15 Jul 2024
Barclays Matthew Bouley 75% 1-year accuracy 53 / 71 met price target	20%upside $189	Equal-Weight Maintained	12 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about OC published over the past 30 days

Zacks Investment Research

Owens Corning (OC) Registers a Bigger Fall Than the Market: Important Facts to Note

Owens Corning (OC) closed at $158.94 in the latest trading session, marking a -0.65% move from the prior day.

Owens Corning (OC) Registers a Bigger Fall Than the Market: Important Facts to Note

Zacks Investment Research

Owens Corning (OC) Up 3.9% Since Last Earnings Report: Can It Continue?

Owens Corning (OC) reported earnings 30 days ago. What's next for the stock?

Owens Corning (OC) Up 3.9% Since Last Earnings Report: Can It Continue?

Zacks Investment Research

Owens Corning (OC) Increases Despite Market Slip: Here's What You Need to Know

Owens Corning (OC) concluded the recent trading session at $159.98, signifying a +0.23% move from its prior day's close.

Owens Corning (OC) Increases Despite Market Slip: Here's What You Need to Know

Zacks Investment Research

Owens Corning Stock Declines in the Past 3 Months: Things to Note

OC is affected by lower volumes and significant inflation across most of its business.

Owens Corning Stock Declines in the Past 3 Months: Things to Note

Zacks Investment Research

Owens Corning Inc (OC) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Owens Corning (OC). This makes it worthwhile to examine what the stock has in store.

Owens Corning Inc (OC) Is a Trending Stock: Facts to Know Before Betting on It

Cincinnati Affordable Contracting Named Owens Corning Preferred Roofing Contractor

Olde West Chester, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Olde West Chester, Ohio - Cincinnati Affordable Contracting has just been officially recognized as an Owens Corning Preferred Contractor. This status is a testament to the company's dedication to delivering high-quality work, ensuring customer satisfaction, and using premium materials in all projects.

Cincinnati Affordable Contracting Named Owens Corning Preferred Roofing Contractor

Zacks Investment Research

Owens Corning Inc (OC) is Attracting Investor Attention: Here is What You Should Know

Owens Corning (OC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Owens Corning Inc (OC) is Attracting Investor Attention: Here is What You Should Know

3 High-Potential Stocks Analysts Say Could Soar

Wall Street analysts understand that their reputations and careers are on the line each time they issue a recommendation for—or against—a stock. Knowing this, investors would find the weight of the decision-making and stock rating all the more important now that the S&P 500 has survived one of the worst weeks of 2024.

3 High-Potential Stocks Analysts Say Could Soar

Owens Corning Price Dips, While Acquisition Will Generate Growth

Owens Corning is undervalued at $157.03, with a one-year target price of $186.46. Recent acquisition of Masonite is expected to boost revenue by 30.16% to $12.6 billion in 2025. Strong financial performance, with a dividend CAGR of 21.48% and solid growth potential in the building materials industry.

Owens Corning Price Dips, While Acquisition Will Generate Growth

Owens-Corning Stock: Good Value or Recession Red Flag?

A quarterly earnings beat hasn't been enough to reverse the slide in Owens Corning NYSE: OC stock. In mid-morning trading the day after the maker of builder and construction materials delivered its second quarter earnings the stock is down just over 10% for the week.

Owens-Corning Stock: Good Value or Recession Red Flag?

See News Rankings