Welcome to our dedicated page for Owens Corning news (Ticker: OC), a resource for investors and traders seeking the latest updates and insights on Owens Corning stock.
Owens Corning (NYSE: OC) is a building products company that regularly issues news on its operations, financial performance, and strategic initiatives. The company describes itself as a building products leader committed to building a sustainable future through material innovation, with products that provide durable, sustainable, energy-efficient solutions in roofing, insulation, composites, and related building materials.
Investors and industry followers can expect Owens Corning news to cover quarterly and annual financial results, including net sales, margins, cash flow, and the use of non‑GAAP metrics such as adjusted EBITDA and adjusted earnings from continuing operations. These results are often accompanied by commentary from senior leadership on market conditions, structural improvements to the business, and capital allocation plans such as dividends and share repurchases.
Company announcements also highlight strategic investments and portfolio actions. Examples include the selection of Prattville, Alabama, as the location for a new shingle plant in the southeastern United States to expand the Roofing manufacturing network, as well as the sale of certain building materials businesses in China and Korea and progress on the planned divestiture of the glass reinforcements business. Such updates provide insight into Owens Corning’s geographic focus and efforts to strengthen its building products portfolio.
Owens Corning news frequently features leadership and organizational updates, such as the appointment or promotion of executives in innovation and information technology roles. These releases describe the company’s focus on product stewardship, process and product innovation, digital tools, and emerging technologies like generative AI and agentic AI as part of its enterprise strategy and The OC Advantage™.
In addition, Owens Corning issues product and branding news, particularly around its roofing business. Announcements include the Shingle Color of the Year and new colors in the TruDefinition® Duration® Designer shingle line, emphasizing the role of roof color in home design and the combination of aesthetics with performance features such as patented SureNail® Technology. Recognition for corporate responsibility and ethics, as well as awards related to its roofing brand, also appear in the company’s news flow.
For readers tracking OC stock, the news stream offers a consolidated view of financial updates, manufacturing investments, portfolio changes, product launches, and corporate governance developments that shape Owens Corning’s position in the building products sector.
Owens Corning (NYSE: OC) will announce its third-quarter 2021 financial results on October 27, 2021, prior to the NYSE opening. A conference call for results discussion is scheduled for 9 a.m. ET the same day. Interested participants can access the call by dialing in 10-15 minutes early. A replay will be available for one year. Owens Corning focuses on insulation, roofing, and fiberglass composite materials, with 2020 sales of $7.1 billion. The company has maintained its Fortune 500 status for 67 consecutive years, leveraging the workforce of 19,000 employees across 33 countries.
Owens Corning (NYSE: OC) has declared a quarterly cash dividend of $0.26 per common share, payable on November 5, 2021, to shareholders of record as of October 22, 2021. Future dividends will depend on various factors such as the company's earnings, financial health, and prospects. Owens Corning is a leader in building and industrial materials, generating $7.1 billion in sales in 2020, with a committed workforce of 19,000 employees across 33 countries.
Owens Corning's Insulation business has won the National Preferred Partner Award from David Weekley Homes for the ninth consecutive year. This award recognizes their innovation, quality, and customer service among 140 evaluated companies. The recognition reflects the resilience and commitment of Owens Corning's team in a challenging market. Additionally, the company has launched PINK Next Gen™ Fiberglas™ insulation, designed to meet building codes and aid homebuilders in a post-pandemic environment.
Owens Corning has donated over 8,000 sq. ft. of its PINK Next Gen™ Fiberglas™ insulation for a specially adapted, mortgage-free home for wounded veteran Daniel "Doc" Jacobs in Vista, California. The home is part of the Gary Sinise Foundation’s R.I.S.E. program, which supports severely injured veterans. The insulation offers enhanced comfort, energy efficiency, and is free from harsh chemicals. This initiative highlights Owens Corning’s commitment to community support and honoring veterans through practical contributions.
Owens Corning (NYSE: OC) has launched PINK Next Gen™ Fiberglas™ insulation, featuring innovative fiber technology that allows for up to 23% faster installation than previous products. This new insulation is designed to enhance safety, precision, comfort, and sustainability. Notably, it offers a 99% improvement in fire performance, contains no hazardous chemicals, and is made using 100% wind-powered electricity. The product aims to help contractors meet tight timelines and budgets, while improving indoor comfort and reducing installation dust. PINK Next Gen™ insulation is now available in the U.S. and Canada.
Owens Corning (NYSE: OC) reported Q2 2021 consolidated net sales of $2.2 billion, a 38% increase from $1.6 billion in Q2 2020. The company achieved net earnings of $298 million or $2.82 per share, compared to $96 million or $0.88 per share in the previous year. Adjusted EBIT increased to $408 million from $167 million. Owens Corning declared a quarterly cash dividend of $0.26 and repurchased 1.3 million shares for $131 million. The company maintains a strong balance sheet with $2 billion in available liquidity.
Owens Corning (NYSE: OC) has acquired vliepa GmbH, enhancing its nonwovens portfolio and targeting growth in the European building materials market. This acquisition introduces immediate coating capacity, supporting the shift towards innovative, glass-faced solutions in construction. The deal includes two production facilities in Brüggen, Germany, although transaction terms remain undisclosed. With about 70 employees, vliepa generated sales of approximately $30 million in 2020. Owens Corning aims to leverage the acquisition to address key trends like sustainability and labor efficiency.
Owens Corning (NYSE: OC) will announce its second-quarter 2021 financial results on July 28, 2021, before the opening of the New York Stock Exchange. A conference call to discuss these results is scheduled for 9 a.m. ET on the same day. The company, which generated $7.1 billion in sales in 2020, is recognized as a leader in building and industrial materials, employing 19,000 people across 33 countries. A webcast replay of the call will be available for one year.
Owens Corning (NYSE: OC) has declared a quarterly cash dividend of $0.26 per common share, payable on August 6, 2021, to shareholders of record as of July 16, 2021. Future dividend declarations will depend on the company's earnings, financial condition, cash requirements, and other factors. With 2020 sales of $7.1 billion, Owens Corning is a leader in building and industrial materials, focused on sustainability and innovation.
Owens Corning (NYSE: OC) has been recognized as the top corporate citizen for 2021 by 3BL Media, achieving this honor for the third consecutive year. This recognition underscores the company's commitment to environmental, social, and governance (ESG) transparency and performance. Owens Corning excelled in three categories: climate change, human rights, and ESG performance, ranking in the top five in most categories assessed. The ranking is based on 146 factors across eight categories and reflects the efforts of its 19,000 employees to positively impact customers and the world.
FAQ
What is the current stock price of Owens Corning (OC)?
What is the market cap of Owens Corning (OC)?
