Owens Corning Reports Fourth-Quarter and Full-Year 2015 Results

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Owens Corning (OC) PT Raised to $60 at Jefferies

February 11, 2016 8:55 AM EST

Jefferies analyst Philip Ng reiterated a Buy rating and boosted his price target on Owens Corning (NYSE: OC) to $60.00 (from $56.00) following fourth quarter results.

Ng commented, "While some of the growth in insulation is muted with the company exiting a 3rd party... More

Owens Corning (OC) Ticks Lower with Conference Call Underway

February 10, 2016 11:16 AM EST

Owens Corning (NYSE: OC) Ticks Lower with Conference Call Underway

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Owens Corning (OC) Raises Quarterly Dividend 5.9% to $0.18; 1.7% Yield

February 10, 2016 7:24 AM EST

Owens Corning (NYSE: OC) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 5.9% increase from the prior dividend of $0.17.

The dividend will be payable on April 4, 2016, to stockholders of record on March 11, 2016, with an ex-dividend date of March 9,... More

Owens Corning (OC) Tops Q4 EPS by 21c

February 10, 2016 7:23 AM EST

Owens Corning (NYSE: OC) reported Q4 EPS of $0.66, $0.21 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.29 billion.

Outlook

We anticipate all three businesses will grow earnings in 2016 based on consensus expectations for U.S. housing starts and moderate global... More