OC 📈 Owens Corning - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6907421019
OC: Roofing Shingles, Insulation Materials, Glass Fiber Products
Owens Corning Inc, a multinational building materials manufacturer, operates across the globe, with a significant presence in the United States, Europe, the Asia Pacific, and other international markets. The company's business is organized into three primary segments: Roofing, Insulation, and Composites, each catering to distinct customer needs and applications. The Roofing segment is responsible for producing a range of products, including laminate and strip asphalt roofing shingles, oxidized asphalt materials, and various roofing components used in residential, commercial, and specialty construction projects. These products are sold through a network of distributors, home centers, lumberyards, and directly to roofing contractors, as well as manufacturers in the automotive, chemical, and construction industries.
The Insulation segment focuses on the manufacture and sale of thermal and acoustical insulation products, such as batts, loosefill insulation, spray foam insulation, and foam sheathing, under renowned brand names like Owens Corning PINK and FIBERGLAS. Additionally, this segment offers a variety of specialized insulation products, including glass fiber pipe insulation, energy-efficient flexible duct media, and bonded and granulated mineral wool insulation, which are marketed under the FOAMULAR, FOAMGLAS, and Paroc brand names. These products are primarily sold to insulation installers, home centers, lumberyards, retailers, and distributors, who in turn supply them to the construction industry. The Insulation segment plays a critical role in helping builders and homeowners reduce energy consumption and improve the overall comfort and sustainability of buildings.
The Composites segment is engaged in the production and sale of glass reinforcements, including fiber, fabrics, non-wovens, and composite lumber, which are used in a wide range of applications, such as building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment's products are sold directly to parts molders, fabricators, and shingle manufacturers, who value the high-quality and performance characteristics of Owens Corning's composite materials. With a rich history dating back to 1938, Owens Corning is headquartered in Toledo, Ohio, and has established itself as a leading player in the global building materials industry, with a strong commitment to innovation, customer satisfaction, and sustainability.
As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol OC, Owens Corning's common stock is widely held by investors seeking exposure to the building products sector. The company's ISIN code, US6907421019, facilitates international trading and settlement of its shares. With a classification under the GICS Sub Industry: Building Products, Owens Corning is part of a broader industry group that includes manufacturers of building materials, fixtures, and equipment. For more information about the company, its products, and services, investors and customers can visit the Owens Corning website at https://www.owenscorning.com.
Additional Sources for OC Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
OC Stock Overview
Market Cap in USD | 17,594m |
Sector | Industrials |
Industry | Building Products & Equipment |
GiC Sub-Industry | Building Products |
IPO / Inception | 2006-11-01 |
OC Stock Ratings
Growth 5y | 90.9% |
Fundamental | 72.2% |
Dividend | 68.7% |
Rel. Strength Industry | 457 |
Analysts | 3.76/5 |
Fair Price Momentum | 184.16 USD |
Fair Price DCF | 393.43 USD |
OC Dividends
Dividend Yield 12m | 1.82% |
Yield on Cost 5y | 5.14% |
Annual Growth 5y | 18.77% |
Payout Consistency | 98.0% |
OC Growth Ratios
Growth Correlation 3m | 59% |
Growth Correlation 12m | 78.2% |
Growth Correlation 5y | 90.3% |
CAGR 5y | 22.95% |
CAGR/Mean DD 5y | 2.21 |
Sharpe Ratio 12m | 0.49 |
Alpha | -18.21 |
Beta | 1.37 |
Volatility | 33.00% |
Current Volume | 4997.8k |
Average Volume 20d | 1079.3k |
As of December 22, 2024, the stock is trading at USD 169.41 with a total of 4,997,774 shares traded.
Over the past week, the price has changed by -11.49%, over one month by -12.73%, over three months by -2.44% and over the past year by +16.57%.
Yes, based on ValueRay Fundamental Analyses, Owens Corning (NYSE:OC) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 72.24 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OC as of December 2024 is 184.16. This means that OC is currently overvalued and has a potential downside of 8.71%.
Owens Corning has received a consensus analysts rating of 3.76. Therefor, it is recommend to hold OC.
- Strong Buy: 6
- Buy: 1
- Hold: 10
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, OC Owens Corning will be worth about 204.9 in December 2025. The stock is currently trading at 169.41. This means that the stock has a potential upside of +20.97%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 202.7 | 19.6% |
Analysts Target Price | 159.5 | -5.8% |
ValueRay Target Price | 204.9 | 21% |