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META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.24
3 Blue Chip Safe Havens to Shield Your Portfolio
An Unusual Way to Invest in Gold (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.24
3 Blue Chip Safe Havens to Shield Your Portfolio
An Unusual Way to Invest in Gold (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.24
3 Blue Chip Safe Havens to Shield Your Portfolio
An Unusual Way to Invest in Gold (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
NYSE:OI

O-I Glass (OI) Stock Forecast, Price & News

$17.19
-0.59 (-3.32%)
(As of 09/22/2023 06:40 PM ET)
Compare
Today's Range
$17.19
$17.88
50-Day Range
$17.20
$23.36
52-Week Range
$12.05
$23.57
Volume
1.09 million shs
Average Volume
1.10 million shs
Market Capitalization
$2.67 billion
P/E Ratio
4.90
Dividend Yield
N/A
Price Target
$25.60

O-I Glass MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
48.9% Upside
$25.60 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.94
Upright™ Environmental Score
News Sentiment
0.18mentions of O-I Glass in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.56%
From $3.21 to $3.26 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Industrial Products Sector

97th out of 177 stocks

Glass Containers Industry

1st out of 1 stocks


OI stock logo

About O-I Glass (NYSE:OI) Stock

O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.

OI Price History

OI Stock News Headlines

Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Traders Buy High Volume of O-I Glass Call Options (NYSE:OI)
Waco’s Owens-Illinois glass plant to close
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
O-I Glass (NYSE:OI) Lowered to Neutral at Credit Suisse Group
Credit Suisse Downgrades O-I Glass (OI)
Bull of the Day: OI Glass (OI)
What Makes O-I Glass (OI) a New Strong Buy Stock
Truist Financial Sticks to Its Buy Rating for O-I Glass (OI)
O-I Glass (OI) Receives a Buy from Robert W. Baird
Bank of America Securities Keeps Their Buy Rating on O-I Glass (OI)
O-I Glass, Inc. Q2 Profit Decreases, but beats estimates
See More Headlines
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OI Company Calendar

Last Earnings
8/01/2023
Today
9/25/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Glass containers
Sub-Industry
Metal & Glass Containers
CUSIP
69076840
Employees
24,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.60
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+48.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$584 million
Pretax Margin
10.29%

Debt

Sales & Book Value

Annual Sales
$7.11 billion
Cash Flow
$5.36 per share
Book Value
$9.85 per share

Miscellaneous

Free Float
153,416,000
Market Cap
$2.67 billion
Optionable
Optionable
Beta
1.37
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Key Executives

  • Mr. Andres Alberto Lopez (Age 60)
    CEO, Pres & Director
    Comp: $4.51M
  • Mr. John A. Haudrich (Age 55)
    Sr. VP & CFO
    Comp: $1.89M
  • Mr. Darrow A. Abrahams (Age 49)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.17M
  • Mr. Arnaud Aujouannet (Age 53)
    Sr. VP and Chief Sales & Marketing Officer
    Comp: $1.1M
  • Mr. Vitaliano Torno (Age 64)
    Sr. VP of Global Bus. Operations & Pres of O-I Europe
    Comp: $2M
  • Mr. John Reynolds
    VP of Global Accounting
  • Mr. Ludovic Valette
    VP & CTO
  • Mr. Christopher David Manuel
    VP of Investor Relations
  • Mr. Pablo Vercelli
    VP of Global People & Culture
  • Mr. Timothy M. Connors (Age 48)
    Managing Director of Americas North













OI Stock - Frequently Asked Questions

Should I buy or sell O-I Glass stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OI, but not buy additional shares or sell existing shares.
View OI analyst ratings
or view top-rated stocks.

What is O-I Glass' stock price forecast for 2023?

9 Wall Street analysts have issued 1 year target prices for O-I Glass' stock. Their OI share price forecasts range from $15.00 to $32.00. On average, they predict the company's stock price to reach $25.60 in the next year. This suggests a possible upside of 48.9% from the stock's current price.
View analysts price targets for OI
or view top-rated stocks among Wall Street analysts.

How have OI shares performed in 2023?

O-I Glass' stock was trading at $16.57 at the beginning of the year. Since then, OI stock has increased by 3.7% and is now trading at $17.19.
View the best growth stocks for 2023 here
.

When is O-I Glass' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our OI earnings forecast
.

How were O-I Glass' earnings last quarter?

O-I Glass, Inc. (NYSE:OI) posted its earnings results on Tuesday, August, 1st. The industrial products company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.05. The industrial products company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.85 billion. O-I Glass had a trailing twelve-month return on equity of 28.93% and a net margin of 7.88%. The business's revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 EPS.

Is O-I Glass a good dividend stock?

O-I Glass (NYSE:OI) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 5.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OI will have a dividend payout ratio of 6.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OI.

What guidance has O-I Glass issued on next quarter's earnings?

O-I Glass issued an update on its fourth quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.25-$0.35 for the period. The company issued revenue guidance of -.

What is Andres Lopez's approval rating as O-I Glass' CEO?

88 employees have rated O-I Glass Chief Executive Officer Andres Lopez on Glassdoor.com. Andres Lopez has an approval rating of 67% among the company's employees.

What other stocks do shareholders of O-I Glass own?

Based on aggregate information from My MarketBeat watchlists, some companies that other O-I Glass investors own include Intel (INTC), Bank of America (BAC), AT&T (T), General Electric (GE), Ford Motor (F), Cisco Systems (CSCO), Corning (GLW), General Motors (GM), Marathon Petroleum (MPC) and Exxon Mobil (XOM).

What is O-I Glass' stock symbol?

O-I Glass trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."

Who are O-I Glass' major shareholders?

O-I Glass' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.50%), State Street Corp (3.71%), Dimensional Fund Advisors LP (3.35%), LSV Asset Management (2.12%), Geode Capital Management LLC (1.93%) and Great West Life Assurance Co. Can (1.92%). Insiders that own company stock include Arnaud Aujouannet and Vitaliano Torno.
View institutional ownership trends
.

How do I buy shares of O-I Glass?

Shares of OI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is O-I Glass' stock price today?

One share of OI stock can currently be purchased for approximately $17.19.

How much money does O-I Glass make?

O-I Glass (NYSE:OI) has a market capitalization of $2.67 billion and generates $7.11 billion in revenue each year. The industrial products company earns $584 million in net income (profit) each year or $3.51 on an earnings per share basis.

How many employees does O-I Glass have?

The company employs 24,000 workers across the globe.

How can I contact O-I Glass?

O-I Glass' mailing address is ONE MICHAEL OWENS WAY, PERRYSBURG OH, 43551. The official website for the company is www.o-i.com. The industrial products company can be reached via phone at (567) 336-5000, via email at chris.manuel@o-i.com, or via fax at 419-247-7107.

This page (NYSE:OI) was last updated on 9/25/2023 by MarketBeat.com Staff

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