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Homebuilders Face Choppy Market, Barclays Maintains Overweight on Owens Corning (OC)
Insider Monkey· 2025-12-09 02:07
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...
11 Worst Performing Dividend Stocks Year-to-Date
Insider Monkey· 2025-12-08 21:33
Core Insights - Dividend stocks, while popular among long-term investors, have underperformed the broader market, with the Dividend Aristocrats Index rising by nearly 4% in 2025 compared to a 16.6% return for the broader market [2] - A study indicated that non-dividend-paying companies and those that cut dividends have historically underperformed other asset classes, showing higher volatility [3] - During market declines of over 10%, dividend stocks have outperformed non-dividend stocks, with a 14.4% decline compared to nearly 20% for the broader market from 1975 to March 2025 [4] Company Performance - Diageo plc (NYSE:DEO) has seen a year-to-date decline in share price of 29.8% as of December 8, 2025, attributed to sluggish sales in Latin America and declining alcohol consumption among Gen Z [9][11] - UBS downgraded Diageo to Neutral from Buy, reducing its price target from 2,250 GBp to 1,850 GBp, citing continued downside risks in the US spirits market [10] - Despite challenges, Diageo reported flat organic net sales and a 2.9% growth in organic volume in fiscal Q1 2026, with expectations of approximately $3 billion in free cash flow in 2026 [12][13] Owens Corning Performance - Owens Corning (NYSE:OC) has experienced a year-to-date decline in share price of 32.8% as of December 8, 2025, due to challenging market conditions affecting residential trends in the US [14] - Barclays reduced its price target for Owens Corning to $130 from $131, maintaining an Overweight rating, while noting volatility in the housing market [15] - The company announced a 15% increase in its quarterly dividend to $0.79 per share and returned $278 million to investors through dividends and share repurchases [16][17]
Olive Resource Capital Provides Update on Investments for November 2025
Newsfile· 2025-12-08 13:00
Toronto, Ontario--(Newsfile Corp. - December 8, 2025) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to provide investors an update on its investments for the period ending November 30, 2025.Table 1: Olive's Investment PortfolioNameTickerSectorCategory (Audited)Value Dec 31, 2024(Unaudited)Value Sep 30, 2025(1)(Unaudited)Value Nov 30, 2025(1)Omai Gold Mines Corp.(2)OMG.vPrecious MetalsPublic Equity$456,720 $3,379,050 $3,253,900 Black Sheep Ventures Inc.PrivateReal EstatePriv ...
Owens Corning (OC) Up 6.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-12-05 17:32
Core Insights - Owens Corning reported mixed results for Q3 2025, with adjusted earnings surpassing estimates but net sales missing expectations, both metrics showing a year-over-year decline [3][4]. Earnings Performance - Adjusted EPS was $3.67, slightly above the Zacks Consensus Estimate of $3.64, down from $4.05 in the same quarter last year [4]. - Net sales totaled $2.68 billion, missing the consensus mark of $2.69 billion and reflecting a 3% decline year-over-year [4]. Segment Performance - Roofing segment sales increased slightly to $1.24 billion, with EBITDA of $423 million maintaining a strong margin of 34% [5]. - Insulation segment sales decreased by 6.6% to $941 million, with EBITDA falling to $212 million and a margin of 23% [5]. - Doors segment sales declined by 4.9% to $554 million, with EBITDA dropping to $89 million and a margin of 10% [5]. Operating Highlights - Gross profit decreased to $757 million from $851 million year-over-year [6]. - Adjusted EBITDA was $638 million, down 10% year-over-year, with a margin of 24%, marking the 21st consecutive quarter with over 20% adjusted EBITDA margin [6]. Future Outlook - The company anticipates capital additions of approximately $800 million and expects depreciation and amortization to be around $650 million [7]. - The effective tax rate is projected to remain between 24-26% [7]. Estimate Trends - There has been a downward trend in estimates, with the consensus estimate shifting down by 49.4% recently [8][10]. - Owens Corning currently holds a Zacks Rank 5 (Strong Sell), indicating expectations of below-average returns in the coming months [10]. Industry Comparison - Owens Corning is part of the Zacks Building Products - Miscellaneous industry, where competitor Masco reported revenues of $1.92 billion, reflecting a year-over-year decline of 3.3% [11]. - Masco's EPS for the same period was $0.97, down from $1.08 a year ago, with expectations of $0.78 per share for the current quarter, indicating a change of -12.4% from the previous year [12].
Owens Corning Announces 15% Dividend Increase
Businesswire· 2025-12-04 21:30
Dec 4, 2025 4:30 PM Eastern Standard Time Owens Corning Announces 15% Dividend Increase Share TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.79 per common share, a 15% increase compared to the prior quarterly dividend. The dividend will be payable on January 21, 2026, to shareholders of record as of January 5, 2026. Future dividend declarations will be made at the discretion of the Board of Directors and will b ...
Owens Corning Names Annie Baymiller Executive Vice President, Chief Information Officer to Accelerate Digital Technology-Driven Growth
Businesswire· 2025-12-04 12:30
Core Insights - Owens Corning has promoted Annie Baymiller to Executive Vice President, Chief Information Officer, highlighting the company's focus on digital transformation [1] Company Strategy - The promotion aligns with Owens Corning's commitment made during the 2025 Investor Day to enhance the use of advanced digital tools and analytics [1] - The objective of this strategy is to improve efficiency, support customer growth and engagement, and strengthen market leadership [1]
Olive Resource Capital Reports Record Third Quarter Investment Performance of 61.8% and Net Income of $5.2 Million
Newsfile· 2025-12-01 12:00
Core Insights - Olive Resource Capital Inc. reported a record third-quarter investment performance of 61.8% and a net income of $5.2 million for the three months ended September 30, 2025 [1][4] - The company's investment portfolio is valued at $14.35 million as of September 30, 2025, reflecting significant growth from previous periods [4][5] - The net asset value (NAV) per share increased to $0.128, marking a year-to-date increase of 113.5% [4][13] Financial Performance - For Q3 2025, Olive reported a net income of $5,170,183, equating to $0.05 per share, compared to a net loss of $147,715 for the same period in 2024 [4][9] - The total income for the nine months ended September 30, 2025, was $7,205,626, with a basic and diluted income per share of $0.07 [4][10] - The increase in income of $7,353,341 is attributed to higher unrealized and realized gains on investments compared to the same period last year [10] Investment Portfolio - The portfolio includes significant investments in various sectors, with notable increases in the value of Omai Gold Mines Corp. and Sterling Metals Corp. [3][4] - The total value of the investment portfolio has grown from $6.42 million at the end of 2024 to $14.35 million by September 30, 2025 [5][7] - The company holds 1,000,000 common shares in treasury pending cancellation, with a total of 106,144,709 common shares outstanding [8] Market Positioning - The company’s president highlighted that Olive's portfolio is well-positioned to benefit from ongoing market trends, including resource underinvestment and monetary debasement [3] - The strong performance is expected to continue as the company capitalizes on the inability of existing assets to meet demand growth forecasts [3]
JPMorgan Cautious on Owens Corning (OC) Due to Weak Demand, Inventory Destocking Impact on Q4
Yahoo Finance· 2025-11-25 13:07
Core Viewpoint - Owens Corning is currently considered one of the most undervalued stocks on the NYSE, despite recent price target reductions by JPMorgan due to weak demand and inventory destocking impacting Q4 performance [1][3]. Financial Performance - In Q3 2025, Owens Corning reported revenues of $2.7 billion and adjusted EBITDA of $638 million, achieving a strong margin of 24% [2]. - The roofing and insulation segments showed significant structural improvements, with margins increasing by over 5% compared to similar market conditions over the past decade [2]. Market Conditions - The company is facing headwinds from weakening residential trends in the US and a quiet storm season, which has negatively impacted the roofing business [3]. - The absence of named storms in Q3 led to lower storm-related demand, contributing to an expected year-over-year revenue decline in roofing for Q4, estimated to account for about half of the decline [3]. Company Operations - Owens Corning operates in the residential and commercial building products sector across the US, Europe, Asia Pacific, and internationally, with four segments: Roofing, Insulation, Doors, and Composites [4]. Growth Initiatives - The company is investing in growth through the establishment of a new plant in Alabama for laminate shingles and a new fiberglass line in Kansas City to enhance production capabilities [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Owens Corning - OC
Prnewswire· 2025-11-20 15:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Owens Corning and its officers/directors following a significant financial loss reported in Q3 2025 [1][2]. Financial Performance - Owens Corning reported a net loss of $495 million, or $5.93 per diluted share, for Q3 2025, a stark contrast to a net income of $287 million, or $3.26 per share, in the same period of 2024 [2]. - The loss was primarily attributed to a $780 million non-cash impairment charge related to the Company's doors business [2]. - The Company anticipates a decline in revenue for Q4 2025, projecting between $2.1 billion and $2.2 billion due to soft residential markets and reduced demand for storm-related roofing [2]. Market Reaction - Following the announcement of the financial results, Owens Corning's stock price fell by $11.69 per share, or 9.53%, closing at $111.03 per share on November 5, 2025 [2].
Owens Corning (OC) Presents at OC Roadshow - Slideshow (NYSE:OC) 2025-11-19
Seeking Alpha· 2025-11-19 11:37
Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article highlights that users may face blocks if ad-blockers are enabled, suggesting the need to disable them for proper access [1]