Owens Corning stock hits 52-week low at 123.23 USD

Owens Corning stock reached a 52-week low, hitting 123.23 USD, signaling a significant downturn for the building materials company. According to InvestingPro data, the company maintains a "GOOD" financial health score, with analyst targets suggesting up to 70% upside potential from current levels. This marks a notable decline over the past year, with the stock experiencing a 32.98% decrease in value. The drop to this new low underscores the challenges faced by Owens Corning in the current market environment, as it grapples with broader industry pressures and fluctuating demand. Despite these challenges, the company has maintained dividend payments for 12 consecutive years and management has been actively buying back shares. Technical indicators suggest the stock is in oversold territory, while the company’s Fair Value analysis indicates potential undervaluation. Investors and analysts will be closely monitoring the company’s performance and strategic responses in the coming months to assess potential recovery trajectories. For deeper insights and additional ProTips about Owens Corning, including comprehensive valuation metrics and expert analysis, check out the full research report on InvestingPro.

In other recent news, Owens Corning announced a quarterly cash dividend of $0.69 per share, payable in November 2025. This announcement comes amid several analyst revisions regarding the company’s stock price targets. RBC Capital lowered its price target for Owens Corning to $174, citing weaker trends in the roofing sector and challenges in new residential construction, though it maintained an Outperform rating. Similarly, Truist Securities reduced its price target to $135, attributing the decline to reduced roofing volumes and a slowdown in new construction demand, while maintaining a Hold rating. BofA Securities also adjusted its price target to $168, anticipating a 4% year-over-year decline in roofing volumes for 2025, but kept a Buy rating. Meanwhile, UBS reiterated its Buy rating with a $210 price target, highlighting strong performance in the second quarter and a favorable outlook for the third quarter of 2025. Despite a projected $50 million gross impact from tariffs, Owens Corning plans to mitigate most of this through strategic measures, resulting in a net impact of around $10 million.

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