Owens Corning Stock Price, News & Analysis

Owens Corning (NYSE: OC) has unveiled "Evergreen Mist" as its 2026 Shingle Color of the Year, expanding its TruDefinition® Duration® Designer shingle line. The new color captures the essence of a mist-covered garden path while offering distinctive character for home exteriors.

Along with Evergreen Mist, the company is introducing two additional colors: Gray Tweed and Mountain Pine. These new offerings will be available starting January 1, 2026. The company continues its partnership with designer Erin Napier to showcase how roofing colors can enhance curb appeal. All shingles feature patented SureNail® Technology and have earned the Women's Choice Award® for eight consecutive years.

Owens Corning (NYSE: OC) has chosen Prattville, Alabama as the location for its new shingle manufacturing plant. The 250,000-square-foot facility will begin construction in early 2026, with production starting in 2027. The plant will create nearly 100 skilled manufacturing jobs and feature advanced automation technology.

The facility will operate a four-wide laminator capable of producing 6 million squares of laminate shingles annually. It will manufacture the company's Duration® series products with patented SureNail® technology. This expansion will bring Owens Corning's U.S. asphalt roofing and components plants to 17, strengthening its manufacturing presence in the largest asphalt shingle region in the country.

Owens Corning (NYSE: OC) has announced its third-quarter 2025 dividend payment. The company's Board of Directors has declared a quarterly cash dividend of $0.69 per common share. The dividend is scheduled to be paid on November 6, 2025, to shareholders of record as of October 20, 2025.

The company noted that future dividend declarations will be subject to Board discretion and various factors including earnings, financial condition, cash requirements, and future prospects.

["Consistent dividend payment maintained at $0.69 per share", "Company maintains strong cash position enabling regular dividend distributions"]

Owens Corning (NYSE: OC) reported strong Q2 2025 results with net sales from continuing operations of $2.7 billion, up 10% year-over-year. The company achieved a net earnings margin of 12% and adjusted EBITDA margin of 26%, marking its 20th consecutive quarter of 20%+ EBITDA margins.

Key financial highlights include diluted EPS of $3.91, adjusted diluted EPS of $4.21, and operating cash flow of $327 million. The company returned $279 million to shareholders through dividends and share repurchases in Q2, with total shareholder returns of $440 million year-to-date.

For Q3 2025, Owens Corning expects revenue to be slightly down to in-line with prior year at $2.7-2.8 billion, with adjusted EBITDA margins of 23-25%. The company remains committed to returning $2 billion to shareholders over 2025-2026.

Owens Corning (NYSE: OC) announced key leadership transitions in its major business segments. Nico Del Monaco, former President of Insulation with 25 years of company experience, has been appointed as President of the Roofing business. Jose Canovas, previously Vice President and General Manager of Commercial and Industrial Insulation, has been named President of the Insulation business.

Del Monaco succeeds Gunner Smith, who is leaving the company after 17 years to pursue another opportunity. Both Del Monaco and Canovas will report directly to Chair and CEO Brian Chambers and serve on the Executive Committee. Smith will remain as an executive consultant through early August 2025 to ensure a smooth transition.

Owens Corning (NYSE: OC) has scheduled its second-quarter 2025 financial results announcement for Wednesday, August 6, 2025, before the NYSE market opening. The company will host an earnings conference call at 9 a.m. ET the same day.

Investors can access the live webcast through the company's event portal, and a replay will be available for one year. For those joining by phone, participants should dial in 10-15 minutes early using entry code 016049. A telephone replay will be accessible until August 13, 2025, using conference replay code 402190.

Owens Corning (NYSE: OC) has announced a quarterly cash dividend of $0.69 per common share, as declared by its Board of Directors. The dividend is scheduled for payment on August 7, 2025, to shareholders who are on record as of July 21, 2025. The company noted that future dividend declarations will be subject to Board discretion and will depend on various factors including earnings, financial condition, cash requirements, and future prospects.

Owens Corning (NYSE: OC) unveiled ambitious financial targets at its 2025 Investor Day, demonstrating strong growth prospects through 2028. The company aims to achieve $12.5 billion in revenue by 2028, up from $10.6 billion pro forma revenue in 2024. Key financial targets include maintaining mid-20% adjusted EBITDA margins and generating $5.5 billion in cumulative free cash flow from 2025-2028. The Board approved a new 12 million share repurchase authorization, adding to 5.7 million shares remaining from previous programs. The company commits to returning $2 billion to shareholders through dividends and buybacks by end of 2026. The strategy focuses on three market-leading segments: Roofing (30% EBITDA margin target), Insulation (24% margin target), and Doors (18% margin target, acquired in 2024). Since 2019, OC has returned over $3.6 billion to shareholders and doubled quarterly dividends in three years.

Owens Corning (NYSE: OC) has announced a new share repurchase authorization for up to 12 million additional shares of its common stock. This comes on top of approximately 5.7 million shares that remained available for repurchase as of March 31, 2025, under a previous program. The company's Board of Directors approved this authorization, which can be executed through open-market, privately negotiated, or other transactions.

The decision reflects Owens Corning's strong capital allocation strategy and successful operational execution. CEO Brian Chambers emphasized that this move demonstrates the company's earnings power and ability to generate strong free cash flow, reaffirming their commitment to returning value to shareholders.