Owens Corning Inc (OC) to Distribute Quarterly Dividend of $0.79 on November 5th

Owens Corning Inc (NYSE:OC) declared a quarterly dividend on Thursday, September 17th. Investors of record on Monday, October 19th will be given a dividend of 0.79 per share by the construction company on Thursday, November 5th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, October 19th.

Owens Corning has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 10 years. Owens Corning has a dividend payout ratio of 21.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Owens Corning to earn $12.13 per share next year, which means the company should continue to be able to cover its $3.16 annual dividend with an expected future payout ratio of 26.1%.

Owens Corning Trading Down 0.6%

Shares of NYSE OC opened at $123.75 on Friday. The business’s 50 day moving average is $141.90 and its two-hundred day moving average is $127.82. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.16 and a quick ratio of 0.67. Owens Corning has a 1-year low of $97.53 and a 1-year high of $159.91. The stock has a market capitalization of $9.78 billion, a P/E ratio of -15.35, a PEG ratio of 1.86 and a beta of 1.32.

Owens Corning (NYSE:OC) last announced its earnings results on Wednesday, August 5th. The construction company reported $3.93 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.84. The firm had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Owens Corning had a positive return on equity of 20.52% and a negative net margin of 6.81%.The company’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.21 EPS. As a group, research analysts expect that Owens Corning will post 9.94 EPS for the current year.

Owens Corning News Roundup

Here are the key news stories impacting Owens Corning this week:

• Positive Sentiment: The board declared a quarterly cash dividend of $0.79 per share, payable November 5 to shareholders of record on October 19. The dividend implies an annualized payout of $3.16 and a yield of roughly 2.5%–2.6%, supporting the stock’s income appeal. Owens Corning Declares Third-Quarter 2026 Dividend
• Positive Sentiment: Zacks Research upgraded OC from “Hold” to “Strong Buy,” reflecting optimism about the company’s earnings outlook, cash generation and operating performance.
• Positive Sentiment: Analysts point to resilient Roofing demand, improving Insulation trends, cost reductions and strong free cash flow as potential supports for further gains. Infrastructure and data-center construction could also provide longer-term demand outside traditional residential housing. Owens Corning Stock Rises 17% in Six Months
• Neutral Sentiment: The dividend declaration is subject to future board approval and depends on earnings, financial condition, cash needs and business prospects; it does not by itself signal a change in the company’s earnings outlook.
• Negative Sentiment: Persistent weakness in the housing market remains a key risk for Owens Corning, potentially limiting demand for building materials and offsetting strength in commercial and infrastructure projects. Execution will be important as the company navigates cost pressures and uneven end-market conditions. Owens Corning Navigating Through the Moribund Housing Market
• Negative Sentiment: OC recently underperformed the broader market in the prior session, indicating that investors remain cautious despite the six-month rally and positive analyst commentary. Owens Corning Falls More Steeply Than Broader Market

Owens Corning Company Profile

Owens Corning (NYSE:OC) is a global building materials company that develops and manufactures products used in residential, commercial and industrial construction. Its portfolio includes insulation, roofing materials and glass-fiber composites designed to improve energy efficiency, durability and structural performance.

The company’s insulation products include fiberglass, mineral wool and foam insulation, as well as related air-sealing and weatherization products. Its roofing business provides asphalt shingles, roofing components and other solutions for residential and commercial applications.