<div id="readability-page-1"><p>Owens Corning Inc (NYSE:OC - Get Free Report) has received an average recommendation of &#34;Moderate Buy&#34; from the twelve analysts that are  covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and eight have issued  a buy rating on  the company. The average 1 year price target among brokers that have covered the stock in the last year is $185.10.</p><div><p><span></span><span>Get <strong>Owens Corning</strong> alerts:</span></p></div><ul><li>3 High-Potential Stocks Analysts Say Could Soar</li></ul><p>OC has been the subject of several recent analyst reports. Evercore ISI raised their target price on shares of Owens Corning from $165.00 to $169.00 and gave the stock an &#34;in-line&#34; rating in a research note on Friday, August 8th. Royal Bank Of Canada dropped their price target on shares of Owens Corning from $184.00 to $180.00 and set an &#34;outperform&#34; rating on the stock in a research report on Thursday, August 7th. UBS Group dropped their price target on shares of Owens Corning from $218.00 to $210.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, August 7th. Wells Fargo &amp; Company boosted their price target on shares of Owens Corning from $170.00 to $175.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, September 11th. Finally, Barclays boosted their price target on shares of Owens Corning from $167.00 to $173.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, August 7th.</p><p><b>Read Our Latest Report on Owens Corning</b></p><h2>Owens Corning Trading Down 1.4%</h2><ul><li>MarketBeat Week in Review – 8/5 - 8/9</li></ul><p>Owens Corning stock opened at $145.45 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.52 and a quick ratio of 0.95. The firm's 50 day moving average price is $147.56 and its 200-day moving average price is $142.60. The stock has a market cap of $12.16 billion, a P/E ratio of 37.78, a PEG ratio of 10.45 and a beta of 1.32. Owens Corning has a 1 year low of $123.40 and a 1 year high of $214.53. </p><p>Owens Corning (NYSE:OC - Get Free Report) last announced its earnings results on Wednesday, August 6th. The construction company reported $4.21 EPS for the quarter, topping analysts' consensus estimates of $3.80 by $0.41. Owens Corning had a net margin of 2.98% and a return on equity of 24.49%. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the company posted $4.64 earnings per share. The firm's revenue was up 10.0% on a year-over-year basis.  On average, equities analysts predict that  Owens Corning will post 15.49 earnings per share for the current fiscal year. </p><h2>Owens Corning Announces Dividend</h2><ul><li>Owens-Corning Stock: Good Value or Recession Red Flag?</li></ul><p>The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Monday, October 20th will be issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, October 20th. Owens Corning's payout ratio is presently 71.69%. </p><h2>Institutional Investors Weigh In On Owens Corning</h2><p>Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of  Owens Corning by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 9,947,480 shares of the construction company's stock valued at $1,367,977,000 after buying an additional 131,795 shares in the last quarter.  Price T Rowe Associates Inc. MD grew its stake in shares of  Owens Corning by 67.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,380,123 shares of the construction company's stock valued at $339,930,000 after buying an additional 957,295 shares in the last quarter.  Nordea Investment Management AB boosted its position in  Owens Corning by 0.7% during the second quarter. Nordea Investment Management AB now owns 2,225,800 shares of the construction company's stock worth $305,291,000 after purchasing an additional 15,927 shares during the period.  LSV Asset Management boosted its position in  Owens Corning by 1.9% during the first quarter. LSV Asset Management now owns 1,476,067 shares of the construction company's stock worth $210,812,000 after purchasing an additional 27,185 shares during the period.  Finally, Norges Bank bought a new stake in  Owens Corning during the second quarter worth approximately $163,719,000. Institutional investors own  88.40% of the company's stock. </p><h2>Owens Corning Company Profile</h2> (Get Free Report)<p>Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Owens Corning</li><li>CD Calculator: Certificate of Deposit Calculator </li><li>Tesla: 2 Reasons to Love Musk's $1B Buy, 1 Reason to Be Bearish</li><li>What Are Treasury Bonds?</li><li>Azure Leads While AI Excitement Fuels Microsoft Stock</li><li>Why Are These Companies Considered Blue Chips?</li><li>Darden Restaurants: A Textbook Buy-the-Dip Opportunity</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9D?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9D"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Owens Corning Right Now?</h2><p>Before you consider Owens Corning, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Owens Corning wasn't on the list.</p><p>While Owens Corning currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Owens Corning Inc (NYSE:OC) has received an average recommendation of "Moderate Buy" from twelve analysts. Four analysts rated it as a hold, while eight issued buy ratings. The average one-year price target is $185.10. Recent price targets include $169.00 from Evercore ISI, $180.00 from Royal Bank of Canada, and $175.00 from Wells Fargo. The stock opened at $145.45, with a market cap of $12.16 billion. Owens Corning reported $4.21 EPS for the last quarter, exceeding estimates, and announced a quarterly dividend of $0.69 per share.</p>

Owens Corning Inc (NYSE:OC) Given Average Recommendation of "Moderate Buy" by Brokerages