Owens Corning (NYSE:OC) will be releasing its earnings data before the market opens on Tuesday, February 13th. Analysts expect Owens Corning to post earnings of $1.03 per share for the quarter.
Owens Corning (NYSE OC) opened at $86.30 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.62. Owens Corning has a fifty-two week low of $53.04 and a fifty-two week high of $96.52. The company has a market cap of $9,600.00, a P/E ratio of 25.76, a PEG ratio of 1.08 and a beta of 0.98.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Friday, March 9th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.97%. Owens Corning’s dividend payout ratio is currently 25.07%.
In related news, Chairman Michael H. Thaman sold 101,600 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $85.33, for a total value of $8,669,528.00. Following the transaction, the chairman now directly owns 840,370 shares of the company’s stock, valued at approximately $71,708,772.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Ava Harter sold 487 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $81.96, for a total transaction of $39,914.52. The disclosure for this sale can be found here. Insiders sold a total of 129,933 shares of company stock worth $11,196,722 over the last 90 days. Company insiders own 1.80% of the company’s stock.
Owens Corning Company Profile
Owens Corning is engaged in the business of composite and building materials systems, delivering a range of products and services. The Company’s products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind-energy and other markets to insulation and roofing for residential, commercial and industrial applications.
Receive News & Ratings for Owens Corning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Owens Corning and related companies with MarketBeat.com's FREE daily email newsletter.