Owens Corning (NYSE:OC) Releases Earnings Results, Misses Estimates By $0.26 EPS

Owens Corning (NYSE:OC) posted its earnings results on Wednesday. The construction company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.26), FiscalAI reports. The company had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Owens Corning had a negative net margin of 5.17% and a positive return on equity of 21.93%. The business’s revenue was down 16.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.22 earnings per share.

Here are the key takeaways from Owens Corning’s conference call:

• Owens Corning reported full‑year 2025 revenue of $10.1 billion and Adjusted EBITDA of $2.3 billion (22% margin), generated strong free cash flow and returned $1 billion to shareholders while raising the dividend ~15%.
• Management said end markets are soft—weak U.S. residential demand, distribution destocking and an unusually quiet storm season heavily pressured roofing, and the company recorded $1.1 billion of non‑cash goodwill impairments in Doors and flagged roughly $30 million of roofing curtailment costs flowing into Q1.
• Strategic progress continued as OC completed sales of China/Korea units, is advancing the divestiture of its glass reinforcements business (expected to close in coming months), and has exceeded its $125 million Doors synergy target while targeting an additional $75 million of structural cost improvements.
• 2026 outlook includes Q1 revenue of ~$2.1–2.2 billion with mid‑teens Adjusted EBITDA margin, elevated CapEx of ~$800 million to fund announced capacity and productivity projects, and year‑end leverage and liquidity of ~2.1x and $1.8 billion, respectively.

Owens Corning Stock Down 0.8%

NYSE OC opened at $122.46 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.26 and a debt-to-equity ratio of 1.20. Owens Corning has a 52 week low of $97.53 and a 52 week high of $159.42. The firm has a market capitalization of $10.06 billion, a price-to-earnings ratio of -19.13, a PEG ratio of 2.59 and a beta of 1.36. The company has a fifty day moving average of $123.36 and a two-hundred day moving average of $127.85.

Owens Corning Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, March 9th. Owens Corning’s payout ratio is presently -55.24%.

Hedge Funds Weigh In On Owens Corning

Several hedge funds have recently added to or reduced their stakes in the company. Gendell Jeffrey L raised its position in Owens Corning by 349.3% in the 4th quarter. Gendell Jeffrey L now owns 922,063 shares of the construction company’s stock worth $103,188,000 after purchasing an additional 716,839 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Owens Corning by 33.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,576,405 shares of the construction company’s stock worth $288,332,000 after buying an additional 645,773 shares during the period. First Trust Advisors LP lifted its stake in shares of Owens Corning by 51.8% during the 4th quarter. First Trust Advisors LP now owns 1,775,411 shares of the construction company’s stock worth $198,686,000 after acquiring an additional 605,926 shares during the last quarter. Goldentree Asset Management LP bought a new stake in shares of Owens Corning during the 4th quarter worth approximately $59,011,000. Finally, Millennium Management LLC boosted its holdings in Owens Corning by 380.9% during the 4th quarter. Millennium Management LLC now owns 600,922 shares of the construction company’s stock valued at $67,249,000 after acquiring an additional 475,971 shares during the period. 88.40% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. UBS Group lifted their target price on Owens Corning from $160.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday. JPMorgan Chase & Co. cut their price target on Owens Corning from $157.00 to $113.00 and set a “neutral” rating for the company in a report on Tuesday, November 11th. Argus upgraded Owens Corning to a “strong-buy” rating in a research report on Wednesday, January 14th. Evercore cut their target price on shares of Owens Corning from $121.00 to $117.00 and set an “in-line” rating for the company in a report on Thursday, December 4th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Owens Corning in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $151.58.

Owens Corning Company Profile

Owens Corning is a global leader in composite materials and building products, with a primary focus on insulation, roofing, and fiberglass composites. The company serves professional contractors, builders and industrial manufacturers by providing solutions designed to improve energy efficiency, structural performance and durability. Its products are used in residential, commercial, and industrial applications worldwide.

The company’s core product lines include fiberglass insulation for thermal and acoustic comfort, roofing shingles and underlayment systems engineered for weather protection, and advanced composite materials for markets such as wind energy, automotive, marine and infrastructure.