Owens Corning

Owens Corning engages in the development, manufacture, and marketing of insulation, roofing, and fiberglass composites. It operates through the following segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber, and includes vertically integrated downstream activities. The Insulation segment provides insulating products which help customers conserve energy, provide improved acoustical performance, and offer convenience of installation and use. The Roofing segment offers laminate and strip asphalt roofing shingles and other products including oxidized asphalt and roofing accessories. The company was founded on October 31, 1938, and is headquartered in Toledo, OH.

Earnings data Q1 2021

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Owens Corning reports record 2022 performance amid market challenges

Owens Corning's Q4 2022 showcased robust financial performance amidst market challenges, with strategic acquisitions and sustainability efforts reinforcing its position. While facing volume and pricing pressures, the company remains focused on operational efficiency and long-term growth strategies.

Owens Corning reports solid Q1 performance amidst market challenges

Owens Corning's Q1 performance was strong across key segments, with a focus on safety and ethical practices. The company maintains its full-year 2023 outlook and expects challenges from inflation and supply constraints. Strategic investments, growth opportunities, and balanced capital allocation are key focus areas for future success.

Owens Corning reports strong Q2 performance amidst market challenges

Owens Corning's Q2 performance reflects robust revenue and EBIT figures across all business segments, underpinned by strategic investments and margin enhancement strategies.
While facing short-term challenges from market uncertainties and inflationary pressures, the company's focus on innovation, sustainability, and customer-centric solutions presents opportunities for growth and differentiation.
With a resilient business model, disciplined risk management, and a commitment to long-term success, Owens Corning is well-positioned to navigate evolving market conditions and drive sustainable profitability.
Executives' discussions on financial results, outlooks, and operational strategies underscore the company's proactive approach to addressing challenges and leveraging opportunities for continued success.

Owens Corning reports solid Q3 earnings amidst pricing challenges

Owens Corning's Q3 performance reflects resilience and strategic focus on growth. While facing pricing pressure and volume challenges, the company is well-positioned to capitalize on opportunities in new construction and insulation markets. Maintaining a strong emphasis on safety, innovation, and sustainability will be key drivers of future success.

Owens Corning reports robust 2023 performance and strategic acquisitions

Owens Corning's strong financial performance, strategic acquisitions, and focus on innovation and sustainability position the company well for future growth. While challenges exist in managing input costs and evaluating strategic alternatives, opportunities in acquisitions and market stability offer avenues for continued success. The company's operational excellence and commitment to shareholder returns underscore its resilience and strategic vision.

Owens Corning reports strong Q1 earnings, eyes growth opportunities

Owens Corning's Q1 2024 earnings call highlighted strong financial results, particularly in the Roofing segment. The company is focused on sustainability and new product launches in Roofing. Challenges include weak conditions in certain regions and fluctuating demand in Composites. Opportunities for growth exist in Insulation and expanding product lines.

Owens Corning excels in Q2 with record earnings and strategic growth

Owens Corning's Q2 performance reflects operational excellence and strategic foresight, driving strong financial results and margin growth.
The company's focus on acquisitions, investments, and operational efficiency underscores its commitment to long-term growth and value creation.
While challenges like the Glass Reinforcements review exist, opportunities in revenue growth and market expansion pave the way for continued success.

Owens Corning excels in Q3, eyes growth amid market challenges

Owens Corning's Q3 performance showcases financial strength and strategic focus on core markets, underpinned by operational efficiency and sustainability initiatives.
While challenges lie ahead in Q4 due to market conditions and operational disruptions, the company's proactive stance on cost competitiveness and growth bodes well for future resilience.

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Owens Corning (OC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Owens Corning (OC) Shows Fast-paced Momentum But Is Still a Bargain Stock

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today introduced “Midnight Plum” as the 2023 Shingle Color of the Year (SCOTY) and the latest signature color to debut in the Owens Corning® TruDefinition® Duration® shingle line.

Owens Corning Announces “Midnight Plum” as 2023 Shingle Color of the Year

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its third-quarter financial results on Wednesday, October 26, 2022, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/120745403 A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the

Owens Corning to Announce Third-Quarter Financial Results on October 26

Porter's 5 forces show they are competitive and do not pose any serious supply chain or market threats with a diverse product line that crosses many different applications and industries. Their capital allocation is perfect with increasing dividends, share buybacks, and CapEx investments with high returns.

Owens Corning: A Hidden Gem On Sale

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Owens Corning (OC) a Great Value Stock Right Now?

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend will be payable on November 3, 2022, to shareholders of record as of October 17, 2022. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company's earnings, financial condition, cash requirements, future prospects and other factors. About Owens Corning Owens

Owens Corning Declares Third-Quarter 2022 Dividend

Is Owens Corning (OC) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Select Owens Corning (OC) Stock Now?

D.R. Horton

New home sales have reached a bottom, which makes now a perfect time to go shopping in the construction space, says John Lovallo. He's a Senior Equity Research Analyst at UBS.

Is it safe to step back into the homebuilder stocks now?

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced it has completed the acquisition of Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. “We are excited to welcome the Natural Polymers team and start working together on innovative product development,” said Insulation President Todd Fister. “Natural Polymers' proven technology advances our strategy to provide long-term, sustainable

Owens Corning Completes Acquisition of Natural Polymers

Owens Corning's (OC) second-quarter results benefit from the improving customer demand in all end markets served.

Owens Corning (OC) Tops on Q2 Earnings, Stock Up on High Margins

Owens Corning (NYSE:OC ) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Amber Wohlfarth - Director, Investor Relations Brian Chambers - Chairman, Chief Executive Officer Kenneth Parks - Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Matthew Bouley - Barclays Bank Philip Ng - Jefferies Kathryn Thompson - Thompson Research Group John Lovallo - UBS Asher Sohnen - Citigroup Susan Maklari - Goldman Sachs Michael Rehaut - JPMorgan Keith Hughes - Truist Securities Operator Hello, everyone, and welcome to the Owens Corning Second Quarter 2022 Earnings Call. My name is Daisy, and I'll be coordinating today's call.

Owens Corning (OC) CEO Brian Chambers on Q2 2022 Results - Earnings Call Transcript

Blue-chip Owens-Corning is in a turnaround phase and on track to grow its dividend by double-digits on an annual basis over the next few years. That, and the low 7X earnings multiple have the stock moving higher following the Q2 earnings release but there are still hurdles ahead for this market.

Can Owens-Corning Insulate Your Portfolio?

Owens Corning (OC) delivered earnings and revenue surprises of 15.36% and 0.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Owens Corning (OC) Beats Q2 Earnings and Revenue Estimates

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported second-quarter 2022 results. Reported Net Sales Increase of 16% to $2.6 Billion Expanded Adjusted EBIT Margins to 20% and Adjusted EBITDA Margins to 25% Delivered Diluted EPS of $3.49 and Adjusted Diluted EPS of $3.83 Generated Operating Cash Flow of $466 Million and Free Cash Flow of $361 Million Returned $136 Million of Free Cash Flow to Shareholders through Dividends a

Owens Corning Delivers Record Net Sales of $2.6 Billion; Generates Net Earnings of $343 Million and Adjusted EBIT of $525 Million

Owens Corning seems to be operationally depressed compared to similar firms. This comes even as the company continues to expand its top and bottom lines.

Owens Corning: An Underappreciated Firm With Plenty Of Upside

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its second-quarter financial results on Wednesday, July 27, 2022, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/192344854 A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the en

Owens Corning to Announce Second-Quarter Financial Results on July 27

TOLEDO, Ohio--(BUSINESS WIRE)--The Insulation business of Owens Corning (NYSE: OC) has been named a National Preferred Partner by David Weekley Homes in its 18th annual National Preferred Partner Survey. This is the 10th consecutive year Owens Corning Insulation has been recognized by the privately-held U.S. homebuilder. The National Preferred Partner Survey measures all trade partners and their channel partners for world-class excellence in quality and customer service. Owens Corning ranked am

Owens Corning Awarded as “2022 National Preferred Partner” by David Weekley Homes

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) will highlight its building science knowledge and expertise during the American Institute of Architects (AIA) A'22 Conference on Architecture, June 23-24 in Chicago. Architects and contractors visiting the Owens Corning booth (908) can explore the future of commercial building design, fire safety, energy efficiency and sustainability. The first in-person AIA Conference on Architecture since 2019, the gathering provides an opportunity to sh

Owens Corning Spotlights Innovation and the Future of Sustainable Commercial Buildings at A'22

The Natural Polymers buyout to boost Owens Corning's (OC) core insulation product portfolio.

Owens Corning (OC) to Buy Natural Polymers, Enhance Portfolio

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced today that it has signed an agreement to acquire Natural Polymers, LLC, an innovative 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 con

Owens Corning to Acquire Spray Foam Manufacturer Natural Polymers

Dream Finders Homes

New home demand has deteriorated over the past few weeks due to the spike in mortgage rates, a sharp decline in consumer confidence and the weaker economic growth outlook, according to BofA Securities. BofA On Owens Corning Analyst Rafe Jadrosich downgraded the rating for Owens Corning (NYSE:.

Why BofA Downgrades Homebuilders Owens Corning, Dream Finders Homes

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Owens Corning (OC) is a Top-Ranked Value Stock: Should You Buy?

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend will be payable on August 4, 2022, to shareholders of record as of July 18, 2022. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company's earnings, financial condition, cash requirements, future prospects and other factors. About Owens Corning Owens Corni

Owens Corning Declares Second-Quarter 2022 Dividend

The JV with Pultron Composites will enable Owens Corning (OC) to produce industry-leading fiberglass rebar, thereby expanding market opportunities.

Owens Corning (OC) & Pultron to Offer Fiberglass Rebar

TOLEDO, Ohio & GISBORNE, New Zealand--(BUSINESS WIRE)--Owens Corning (NYSE: OC) and Pultron Composites announced today that they have signed an agreement to create a joint venture to manufacture industry-leading fiberglass rebar. This agreement solidifies the companies' commitment to provide more sustainable product solutions and higher performance concrete reinforcement products. It also increases market access to PINKBAR®+ Fiberglas Rebar used for flatwork and residential applications, and MA

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