Owens Corning (NYSE:OC) will be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $1.02 per share for the quarter.
Shares of Owens Corning (NYSE OC) opened at $85.72 on Wednesday. The company has a market cap of $9,540.00, a PE ratio of 25.59, a P/E/G ratio of 0.98 and a beta of 0.98. Owens Corning has a 12 month low of $56.92 and a 12 month high of $96.52. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.62.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.98%. Owens Corning’s payout ratio is 25.07%.
A number of research firms have issued reports on OC. Wells Fargo & Co restated an “outperform” rating on shares of Owens Corning in a report on Thursday, October 26th. KeyCorp restated a “buy” rating and issued a $115.00 target price on shares of Owens Corning in a report on Friday, January 12th. SunTrust Banks upped their target price on shares of Owens Corning from $66.00 to $75.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Seaport Global Securities upped their target price on shares of Owens Corning from $90.00 to $107.00 and gave the company a “buy” rating in a report on Thursday, January 11th. Finally, Zacks Investment Research lowered shares of Owens Corning from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Nine research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $85.45.
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.
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