Compagnie de Saint-Gobain S.A. (SGO.PA)
| Previous close | 81.60 |
| Open | 81.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 80.36 - 81.66 |
| 52-week range | 48.87 - 82.70 |
| Volume | |
| Avg. volume | 959,675 |
| Market cap | 40.858B |
| Beta (5Y monthly) | 1.39 |
| PE ratio (TTM) | 15.56 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.10 (2.57%) |
| Ex-dividend date | 10 June 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
Homebuilding fundamentals remain 'robust': Saint-Gobain NA CEO
Mortgage rates have slowly fallen for the second week in a row, with the 30-year fixed mortgage rate just above 7%. With the potential for mortgage rates to come down further, the housing market may see a bit of a turnaround for homebuyers. However, the supply of homes is still low. Saint-Gobain North America CEO Mark Rayfield (SGO.PA) joins Market Domination Overtime to discuss the state of homebuilding and the broader housing market. On the fundamentals of homebuilding in North America, especially after COVID-19, Rayfield states: "It's still a very robust market. So for the vast majority of building materials, if you look at exterior products and roofing and siding and gypsum and insulation, the market is there, thereabouts at capacity. Not sold out like it was in COVID. But depending on where you are regionally, there could be some supply challenges, not long. So that is another reason I say the market remains quite robust at these housing levels." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
- Reuters
Australia's CSR stock rises after $2.8 billion takeover offer from Saint-Gobain
(Reuters) -Australia's CSR Ltd shares rose a further 5% on Thursday as the building products maker came into play following a A$4.30 billion ($2.81 billion) non-binding takeover proposal from France's Saint-Gobain . The Sydney-based firm said it had received a A$9.0 per share offer from the French group, which represented a premium of 13.2% to CSR's last close. CSR is one of Australia's oldest companies, having been established in 1855, initially as a sugar refining business, before its diversification into building products.
- Reuters
UPDATE 1-Saint Gobain in talks to buy Australia's CSR, Bloomberg reports
French construction materials group Saint-Gobain is in initial talks to acquire Australian building materials firm CSR Ltd, Bloomberg News reported on Wednesday. The companies are working with advisers to narrow down on a deal, the report said, citing people familiar with the matter, with one of them adding that St. Gobain has lined up financing for a potential transaction. CSR and Saint Gobain did not immediately respond to Reuters' request for comment.
