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Conference/Events
Owens Corning management to meet with Truist » 04:55
08/23/22
08/23
04:55
08/23/22
04:55
OC

Owens Corning

$86.86 /

-3.06 (-3.40%)

Meeting to be held with…

Meeting to be held with CEO Chambers in Denver, CO on August 22 and in Kansas City, MO on August 23 hosted by Truist.

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OC Owens Corning
$86.86 /

-3.06 (-3.40%)

OC Owens Corning
$86.86 /

-3.06 (-3.40%)

08/17/22 Deutsche Bank
Owens Corning initiated with a Hold at Deutsche Bank
07/15/22 JPMorgan
Owens Corning price target lowered to $86 from $102 at JPMorgan
07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
OC Owens Corning
$86.86 /

-3.06 (-3.40%)

OC Owens Corning
$86.86 /

-3.06 (-3.40%)

Conference/Events
Owens Corning management to meet with Truist » 04:55
08/22/22
08/22
04:55
08/22/22
04:55
OC

Owens Corning

$89.92 /

-1.5 (-1.64%)

Meeting to be held with…

Meeting to be held with CEO Chambers in Denver, CO on August 22 and in Kansas City, MO on August 23 hosted by Truist.

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OC Owens Corning
$89.92 /

-1.5 (-1.64%)

OC Owens Corning
$89.92 /

-1.5 (-1.64%)

08/17/22 Deutsche Bank
Owens Corning initiated with a Hold at Deutsche Bank
07/15/22 JPMorgan
Owens Corning price target lowered to $86 from $102 at JPMorgan
07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
OC Owens Corning
$89.92 /

-1.5 (-1.64%)

OC Owens Corning
$89.92 /

-1.5 (-1.64%)

Initiation
Owens Corning initiated with a Hold at Deutsche Bank » 16:30
08/17/22
08/17
16:30
08/17/22
16:30
OC

Owens Corning

$91.40 /

-0.32 (-0.35%)

Deutsche Bank analyst Joe…

Deutsche Bank analyst Joe Ahlersmeyer initiated coverage of Owens Corning with a Hold rating and $103 price target.

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OC Owens Corning
$91.40 /

-0.32 (-0.35%)

OC Owens Corning
$91.40 /

-0.32 (-0.35%)

07/15/22 JPMorgan
Owens Corning price target lowered to $86 from $102 at JPMorgan
07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
OC Owens Corning
$91.40 /

-0.32 (-0.35%)

OC Owens Corning
$91.40 /

-0.32 (-0.35%)

Conference/Events
Owens Corning management to meet with Truist » 10:41
08/12/22
08/12
10:41
08/12/22
10:41
OC

Owens Corning

$90.44 /

+0.4 (+0.44%)

Meeting to be held with…

Meeting to be held with CEO Chambers in Denver, CO on August 22 and in Kansas City, MO on August 23 hosted by Truist.

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OC Owens Corning
$90.44 /

+0.4 (+0.44%)

OC Owens Corning
$90.44 /

+0.4 (+0.44%)

07/15/22 JPMorgan
Owens Corning price target lowered to $86 from $102 at JPMorgan
07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
OC Owens Corning
$90.44 /

+0.4 (+0.44%)

OC Owens Corning
$90.44 /

+0.4 (+0.44%)

Hot Stocks
Owens Corning sees sequential growth in Q3 revenue and adjusted EBIT » 06:04
07/27/22
07/27
06:04
07/27/22
06:04
OC

Owens Corning

$82.75 /

-0.92 (-1.10%)

In the near term, the…

In the near term, the company expects the U.S. residential housing market and global commercial and industrial markets to remain positive. The company continues to closely manage the ongoing impacts of inflation, supply chain disruptions, and the regional impacts of the COVID-19 pandemic on the business. For Q3, the company expects overall performance to result in net sales and adjusted EBIT growth for the quarter, versus the comparable quarter in the prior year.

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OC Owens Corning
$82.75 /

-0.92 (-1.10%)

OC Owens Corning
$82.75 /

-0.92 (-1.10%)

07/15/22 JPMorgan
Owens Corning price target lowered to $86 from $102 at JPMorgan
07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
OC Owens Corning
$82.75 /

-0.92 (-1.10%)

OC Owens Corning
$82.75 /

-0.92 (-1.10%)

Earnings
Owens Corning reports Q2 adjusted EPS $3.83, consensus $3.32 » 06:02
07/27/22
07/27
06:02
07/27/22
06:02
OC

Owens Corning

$82.75 /

-0.92 (-1.10%)

Reports Q2 revenue $2.6B,…

Reports Q2 revenue $2.6B, consensus $2.57B. "Owens Corning delivered another outstanding quarter while advancing our enterprise strategy which accelerates our growth, strengthens our earnings power, and creates additional value for our shareholders. Our global teams continue to execute at a high level as we make strategic investments to expand our total addressable markets and enhance our market-leading positions," said CEO Brian Chambers. "For the second half of the year, we remain focused on delivering strong financial results and positioning the company for long-term success."

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OC Owens Corning
$82.75 /

-0.92 (-1.10%)

OC Owens Corning
$82.75 /

-0.92 (-1.10%)

07/15/22 JPMorgan
Owens Corning price target lowered to $86 from $102 at JPMorgan
07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
OC Owens Corning
$82.75 /

-0.92 (-1.10%)

OC Owens Corning
$82.75 /

-0.92 (-1.10%)

Recommendations
Owens Corning price target lowered to $86 from $102 at JPMorgan » 08:07
07/15/22
07/15
08:07
07/15/22
08:07
OC

Owens Corning

$80.01 /

-1.26 (-1.55%)

JPMorgan analyst Michael…

JPMorgan analyst Michael Rehaut lowered the firm's price target on Owens Corning to $86 from $102 and keeps a Neutral rating on the shares. Into the Q2 reports, the analyst remains "cautious and less constructive" on the building products sector, saying headwinds should persist and housing industry data points have only begun to soften. At a minimum, the prints will not represent a positive catalyst for the stocks and could be viewed negatively, Rehaut tells investors in a research note. He expects the softening of industry data points to persist at least through the end of this year, we lowered organic sales growth and margin estimates for the second half of 2022. Rehaut likes Azek (AZEK) and Fortune Brands Home & Security (FBHS) as long ideas and Stanley Black & Decker (SWK) and Owens Corning (OC) as short ideas.

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OC Owens Corning
$80.01 /

-1.26 (-1.55%)

OC Owens Corning
$80.01 /

-1.26 (-1.55%)

07/14/22 Barclays
Owens Corning price target lowered to $91 from $100 at Barclays
06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
06/17/22 BofA
Owens Corning downgraded to Underperform from Buy at BofA
OC Owens Corning
$80.01 /

-1.26 (-1.55%)

OC Owens Corning
$80.01 /

-1.26 (-1.55%)

Recommendations
Owens Corning price target lowered to $91 from $100 at Barclays » 06:30
07/14/22
07/14
06:30
07/14/22
06:30
OC

Owens Corning

$81.52 /

-0.2 (-0.24%)

Barclays analyst Matthew…

Barclays analyst Matthew Bouley lowered the firm's price target on Owens Corning to $91 from $100 and keeps an Equal Weight rating on the shares. The analyst expects this earnings season to be the "start of the necessary cycle of estimate reductions" for the homebuilding and building products space that will "eventually herald a bottoming process and multiple recovery." He's "incrementally selective" on building products and thinks there is another leg lower in builder stocks near-term ahead of significant 2023 downward estimate revisions.

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OC Owens Corning
$81.52 /

-0.2 (-0.24%)

OC Owens Corning
$81.52 /

-0.2 (-0.24%)

06/28/22 Wells Fargo
Owens Corning price target lowered to $83 from $95 at Wells Fargo
06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
06/17/22 BofA
Owens Corning downgraded to Underperform from Buy at BofA
04/28/22 Barclays
Owens Corning price target lowered to $100 from $111 at Barclays
OC Owens Corning
$81.52 /

-0.2 (-0.24%)

OC Owens Corning
$81.52 /

-0.2 (-0.24%)

Over a quarter ago
Recommendations
Owens Corning price target lowered to $83 from $95 at Wells Fargo » 08:59
06/28/22
06/28
08:59
06/28/22
08:59
OC

Owens Corning

$76.99 /

+1.51 (+2.00%)

Wells Fargo analyst Deepa…

Wells Fargo analyst Deepa Raghavan lowered the firm's price target on Owens Corning to $83 from $95 given the softness in housing new construction and early signs of softness in renovation spend. The analyst keeps an Equal Weight rating on the shares.

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OC Owens Corning
$76.99 /

+1.51 (+2.00%)

OC Owens Corning
$76.99 /

+1.51 (+2.00%)

06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
06/17/22 BofA
Owens Corning downgraded to Underperform from Buy at BofA
04/28/22 Barclays
Owens Corning price target lowered to $100 from $111 at Barclays
04/21/22 Wells Fargo
Owens Corning price target lowered to $95 from $105 at Wells Fargo
OC Owens Corning
$76.99 /

+1.51 (+2.00%)

OC Owens Corning
$76.99 /

+1.51 (+2.00%)

Hot Stocks
Owens Corning to acquire spray foam manufacturer Natural Polymers, no terms » 07:34
06/21/22
06/21
07:34
06/21/22
07:34
OC

Owens Corning

$75.88 /

-0.23 (-0.30%)

Owens Corning announced…

Owens Corning announced that it has signed an agreement to acquire Natural Polymers a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. The transaction is subject to regulatory approvals and other customary conditions and is anticipated to close in the third quarter. "This acquisition advances Owens Corning's strategy to strengthen our core building and construction products and expand our addressable markets into higher-growth segments," said Todd Fister, president of Owens Corning's Insulation business. "Natural Polymers' proven technology enables us to offer our customers a more diversified insulation product portfolio and solidify our commitment to provide long-term, sustainable solutions." Natural Polymers is dedicated to the development of high-quality products and systems, offering some of the lowest-volatile organic compound products available in the spray foam industry today. Many of the business' products are GREENGUARD Gold Certified by Underwriter's Laboratories - a third party standard set to help reduce indoor air pollution and the risk of chemical exposure. Natural Polymers expects to deliver sales of approximately $100M in 2022. The business has demonstrated a strong track record of above-market growth and is expected to continue to achieve double-digit growth over the next several years. Upon close, Mr. Brown will join Owens Corning in an innovation leadership role. Financial terms of the deal were not disclosed.

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OC Owens Corning
$75.88 /

-0.23 (-0.30%)

OC Owens Corning
$75.88 /

-0.23 (-0.30%)

06/17/22 BofA
BofA double downgrades Owens Corning to Underperform on new home demand drop
06/17/22 BofA
Owens Corning downgraded to Underperform from Buy at BofA
04/28/22 Barclays
Owens Corning price target lowered to $100 from $111 at Barclays
04/21/22 Wells Fargo
Owens Corning price target lowered to $95 from $105 at Wells Fargo
OC Owens Corning
$75.88 /

-0.23 (-0.30%)

OC Owens Corning
$75.88 /

-0.23 (-0.30%)

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