NYSE:OI - Owens-Illinois Stock Price, News, & Analysis

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$19.47 -0.32 (-1.62 %)
(As of 03/22/2019 11:02 AM ET)
Previous Close$19.79
Today's Range$19.37 - $19.71
52-Week Range$15.67 - $22.20
Volume124,228 shs
Average Volume1.38 million shs
Market Capitalization$2.99 billion
P/E Ratio7.16
Dividend Yield1.02%
Beta1.36
Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Americas, Europe, and Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. Owens-Illinois, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.

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Industry, Sector and Symbol

Industry Glass containers
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
CUSIP69076840
Phone567-336-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.88 billion
Cash Flow$5.9541 per share
Book Value$5.67 per share

Profitability

Net Income$257 million

Miscellaneous

Employees26,500
Market Cap$2.99 billion
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

Owens-Illinois (NYSE:OI) Frequently Asked Questions

What is Owens-Illinois' stock symbol?

Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."

How often does Owens-Illinois pay dividends? What is the dividend yield for Owens-Illinois?

Owens-Illinois announced a quarterly dividend on Wednesday, November 14th. Stockholders of record on Tuesday, January 22nd will be given a dividend of $0.05 per share on Tuesday, February 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Friday, January 18th. View Owens-Illinois' Dividend History.

How will Owens-Illinois' stock buyback program work?

Owens-Illinois announced that its board has approved a stock buyback program on Wednesday, February 7th 2018, which allows the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Owens-Illinois' earnings last quarter?

Owens-Illinois Inc (NYSE:OI) posted its quarterly earnings results on Tuesday, February, 5th. The industrial products company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.62 by $0.01. The industrial products company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.68 billion. Owens-Illinois had a net margin of 3.75% and a return on equity of 44.17%. The business's quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.55 earnings per share. View Owens-Illinois' Earnings History.

When is Owens-Illinois' next earnings date?

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Owens-Illinois.

How can I listen to Owens-Illinois' earnings call?

Owens-Illinois will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Owens-Illinois issued on next quarter's earnings?

Owens-Illinois issued an update on its FY19 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of ~$3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.96. Owens-Illinois also updated its FY 2019 guidance to $3.00-3.00 EPS.

What price target have analysts set for OI?

9 brokerages have issued twelve-month target prices for Owens-Illinois' stock. Their predictions range from $18.30 to $25.90. On average, they expect Owens-Illinois' stock price to reach $21.6578 in the next year. This suggests a possible upside of 11.2% from the stock's current price. View Analyst Price Targets for Owens-Illinois.

What is the consensus analysts' recommendation for Owens-Illinois?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens-Illinois.

What are Wall Street analysts saying about Owens-Illinois stock?

Here are some recent quotes from research analysts about Owens-Illinois stock:
  • 1. According to Zacks Investment Research, "Following its third-quarter earnings release, Owens-Illinois lowered the adjusted earnings per share guidance range for 2018 to $2.72-$2.78 owing to unfavorable foreign currency, freight inflation and lower volumes. The company expects lower cash flow in fourth-quarter due to foreign exchange volatility. Further, continued decline of beer consumption in domestic market remains a major headwind. The company faces incremental investment in R&D. Higher-debt level is also a concern." (2/1/2019)
  • 2. KeyCorp analysts commented, "We are maintaining our 2018 adj. EPS estimate, though slightly reducing our 2019 estimate on below-the-line items." (4/24/2018)

Has Owens-Illinois been receiving favorable news coverage?

Press coverage about OI stock has trended somewhat positive on Friday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Owens-Illinois earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near term.

Who are some of Owens-Illinois' key competitors?

What other stocks do shareholders of Owens-Illinois own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), MONDI/PAR VTG FPD 0.2 (MNDI), General Electric (GE), Qudian (QD), Mcdonald's (MCD), General Motors (GM), Starbucks (SBUX), Netflix (NFLX), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Who are Owens-Illinois' key executives?

Owens-Illinois' management team includes the folowing people:
  • Mr. Andres Alberto Lopez, CEO, Pres & Director (Age 56)
  • Ms. Jan A. Bertsch, CFO & Sr. VP (Age 62)
  • Mr. Vitaliano Torno, Pres of O-I Europe (Age 60)
  • Mr. Miguel I. Alvarez, Pres of O-I North America (Age 54)
  • Mr. John Reynolds, VP of Global Accounting

Who are Owens-Illinois' major shareholders?

Owens-Illinois' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.03%), Great West Life Assurance Co. Can (4.42%), LSV Asset Management (3.17%), Wedge Capital Management L L P NC (3.10%), Dimensional Fund Advisors LP (2.15%) and Thrivent Financial for Lutherans (2.03%). Company insiders that own Owens-Illinois stock include Moyano Giancarlo Currarino, Sergio BO Galindo and Timothy M Connors. View Institutional Ownership Trends for Owens-Illinois.

Which major investors are selling Owens-Illinois stock?

OI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Prudential Financial Inc., Wedge Capital Management L L P NC, Bank of Montreal Can, First Trust Advisors LP, Olstein Capital Management L.P. and Great West Life Assurance Co. Can. Company insiders that have sold Owens-Illinois company stock in the last year include Moyano Giancarlo Currarino and Timothy M Connors. View Insider Buying and Selling for Owens-Illinois.

Which major investors are buying Owens-Illinois stock?

OI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Contrarius Investment Management Ltd, Oregon Public Employees Retirement Fund, WINTON GROUP Ltd, FMR LLC, Bank of America Corp DE, Mackenzie Financial Corp and Lord Abbett & CO. LLC. View Insider Buying and Selling for Owens-Illinois.

How do I buy shares of Owens-Illinois?

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

What is Owens-Illinois' stock price today?

One share of OI stock can currently be purchased for approximately $19.47.

How big of a company is Owens-Illinois?

Owens-Illinois has a market capitalization of $2.99 billion and generates $6.88 billion in revenue each year. The industrial products company earns $257 million in net income (profit) each year or $2.72 on an earnings per share basis. Owens-Illinois employs 26,500 workers across the globe.

What is Owens-Illinois' official website?

The official website for Owens-Illinois is http://www.o-i.com.

How can I contact Owens-Illinois?

Owens-Illinois' mailing address is ONE MICHAEL OWENS WAY, PERRYSBURG OH, 43551. The industrial products company can be reached via phone at 567-336-5000 or via email at [email protected]


MarketBeat Community Rating for Owens-Illinois (NYSE OI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  382 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  811
MarketBeat's community ratings are surveys of what our community members think about Owens-Illinois and other stocks. Vote "Outperform" if you believe OI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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