Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Norbord stock

Own Norbord stock in just a few minutes.

Norbord Inc is a lumber & wood production business based in the US. Norbord shares (OSB) are listed on the NYSE and all prices are listed in US Dollars. Norbord employs 2,400 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Norbord

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – OSB – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Norbord share price

Use our graph to track the performance of OSB stocks over time.

Norbord shares at a glance

Information last updated 2021-03-07.
52-week range$8.92 - $46.12
50-day moving average $42.55
200-day moving average $36.17
Wall St. target price$36.11
PE ratio 15.2943
Dividend yield $0.592 (1.34%)
Earnings per share (TTM) $2.82

Buy Norbord shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Currencies
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Norbord stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Norbord under- or over-valued?

Valuing Norbord stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Norbord's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Norbord's P/E ratio

Norbord's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Norbord shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Norbord's PEG ratio

Norbord's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.32. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Norbord's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Norbord's EBITDA

Norbord's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $493 million.

The EBITDA is a measure of a Norbord's overall financial performance and is widely used to measure a its profitability.

Norbord financials

Revenue TTM $2 billion
Operating margin TTM 18.48%
Gross profit TTM $149 million
Return on assets TTM 11.54%
Return on equity TTM 28.95%
Profit margin 11.53%
Book value $10.92
Market capitalisation $3.6 billion

TTM: trailing 12 months

Shorting Norbord shares

There are currently 530,134 Norbord shares held short by investors – that's known as Norbord's "short interest". This figure is 29.9% up from 408,198 last month.

There are a few different ways that this level of interest in shorting Norbord shares can be evaluated.

Norbord's "short interest ratio" (SIR)

Norbord's "short interest ratio" (SIR) is the quantity of Norbord shares currently shorted divided by the average quantity of Norbord shares traded daily (recently around 104977.02970297). Norbord's SIR currently stands at 5.05. In other words for every 100,000 Norbord shares traded daily on the market, roughly 5050 shares are currently held short.

However Norbord's short interest can also be evaluated against the total number of Norbord shares, or, against the total number of tradable Norbord shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Norbord's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Norbord shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Norbord shares, roughly 0 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Norbord.

Find out more about how you can short Norbord stock.

Norbord share dividends

23%

Dividend payout ratio: 23.1% of net profits

Recently Norbord has paid out, on average, around 23.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.02% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Norbord shareholders could enjoy a 2.02% return on their shares, in the form of dividend payments. In Norbord's case, that would currently equate to about $0.592 per share.

While Norbord's payout ratio might seem low, this can signify that Norbord is investing more in its future growth.

Norbord's most recent dividend payout was on 20 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 29 November 2020 (the "ex-dividend date").

Have Norbord's shares ever split?

Norbord's shares were split on a 1:10 basis on 19 October 2009. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Norbord shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Norbord shares which in turn could have impacted Norbord's share price.

Norbord share price volatility

Over the last 12 months, Norbord's shares have ranged in value from as little as $8.92 up to $46.12. A popular way to gauge a stock's volatility is its "beta".

OSB.US volatility(beta: 2.42)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Norbord's is 2.4231. This would suggest that Norbord's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Norbord overview

Norbord Inc. manufactures and sells wood-based panels for retail chains, contractor supply yards, and industrial manufacturers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fiberboards for use in cabinet doors, moldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, TruFlor pointSIX and TruFlor, Rimboard, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, Conti, and Caberboard brand names. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site