Norbord Inc (OSB) Insider Peter Cornelius Wijnbergen Purchases 10,000 Shares

Norbord Inc (TSE:OSB) insider Peter Cornelius Wijnbergen acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was purchased at an average price of C$9.96 per share, with a total value of C$99,600.00.

Shares of Norbord Inc (TSE:OSB) opened at C$45.43 on Wednesday. The firm has a market cap of $3,930.00, a price-to-earnings ratio of 7.19 and a beta of 2.06. Norbord Inc has a 12 month low of C$36.10 and a 12 month high of C$51.75.

Norbord (TSE:OSB) last announced its earnings results on Friday, February 2nd. The company reported C$1.79 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.73 by C$0.06. The business had revenue of C$756.97 million during the quarter. Norbord had a net margin of 26.85% and a return on equity of 66.95%.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.60 per share. The ex-dividend date is Wednesday, February 28th. This represents a $2.40 dividend on an annualized basis and a yield of 5.28%. Norbord’s dividend payout ratio is presently 18.37%.

A number of equities analysts recently weighed in on the stock. BMO Capital Markets set a C$32.00 price objective on shares of Norbord and gave the stock an “underperform” rating in a report on Friday, February 9th. CIBC boosted their price objective on shares of Norbord from C$42.00 to C$45.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. TD Securities decreased their price objective on shares of Norbord to C$50.00 and set a “hold” rating for the company in a report on Tuesday, October 31st. Finally, Scotiabank restated an “outperform” rating and issued a C$55.00 price objective on shares of Norbord in a report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. Norbord has an average rating of “Buy” and an average price target of C$49.38.

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About Norbord

Norbord Inc is a Canada-based producer of wood-based panels. The Company is engaged in manufacturing, sales, marketing and distribution of panelboards and related products used in the construction of new homes or the renovation and repair of existing structures. Its geographic segments include North America and Europe.

Insider Buying and Selling by Quarter for Norbord (TSE:OSB)

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