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Owens-Illinois Stock Price, Forecast & Analysis (NYSE:OI)

$9.20
-0.08 (-0.86 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$9.16
Now: $9.20
$9.40
50-Day Range
$8.27
MA: $9.54
$10.88
52-Week Range
$8.26
Now: $9.20
$20.78
Volume1.54 million shs
Average Volume2.68 million shs
Market Capitalization$1.43 billion
P/E Ratio3.38
Dividend Yield2.16%
Beta1.49
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. Read More…

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$5.94 per share
Book Value$2.80 per share

Profitability

Net Income$257 million

Miscellaneous

Employees26,500
Market Cap$1.43 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Monday, October 28th. Investors of record on Friday, November 29th will be paid a dividend of $0.05 per share on Monday, December 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Wednesday, November 27th. View Owens-Illinois' Dividend History.

How will Owens-Illinois' stock buyback program work?

Owens-Illinois declared that its board has authorized a share buyback program on Wednesday, February 7th 2018, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

How were Owens-Illinois' earnings last quarter?

Owens-Illinois Inc (NYSE:OI) announced its quarterly earnings data on Monday, October, 28th. The industrial products company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.01. The industrial products company earned $1.67 billion during the quarter, compared to analysts' expectations of $1.74 billion. Owens-Illinois had a negative net margin of 6.58% and a positive return on equity of 42.84%. Owens-Illinois's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 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 Tuesday, February 4th 2020. View Earnings Estimates for Owens-Illinois.

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

Owens-Illinois issued an update on its FY19 earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of $2.20-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.35.

What price target have analysts set for OI?

11 equities research analysts have issued 1-year target prices for Owens-Illinois' stock. Their forecasts range from $8.00 to $24.00. On average, they anticipate Owens-Illinois' share price to reach $14.25 in the next year. This suggests a possible upside of 54.9% from the stock's current price. View Analyst Price Targets for Owens-Illinois.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens-Illinois.

Has Owens-Illinois been receiving favorable news coverage?

News headlines about OI stock have been trending very negative on Sunday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Owens-Illinois earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days. View News Stories for Owens-Illinois.

Are investors shorting Owens-Illinois?

Owens-Illinois saw a increase in short interest in October. As of October 31st, there was short interest totalling 9,380,000 shares, an increase of 7.7% from the September 30th total of 8,710,000 shares. Based on an average trading volume of 2,300,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 6.1% of the shares of the stock are sold short. View Owens-Illinois' Current Options Chain.

Who are some of Owens-Illinois' key competitors?

Some companies that are related to Owens-Illinois include Ball (BLL), Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Silgan (SLGN), Greif (GEF) and Myers Industries (MYE).

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), General Electric (GE), Ford Motor (F), Mondi (MNDI), Cisco Systems (CSCO), Netflix (NFLX), Starbucks (SBUX), General Motors (GM), Mcdonald's (MCD) and Qudian (QD).

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, Advisor (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 A. Haudrich, Sr. VP & CFO (Age 51)

Who are Owens-Illinois' major shareholders?

Owens-Illinois' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (7.46%), Great West Life Assurance Co. Can (4.39%), Wedge Capital Management L L P NC (1.52%), Golub Group LLC (1.34%), Lee Danner & Bass Inc. (0.44%) and KLCM Advisors Inc. (0.27%). Company insiders that own Owens-Illinois stock include Carol A Williams, Moyano Giancarlo Currarino and Timothy M Connors. View Institutional Ownership Trends for Owens-Illinois.

Which institutional investors are selling Owens-Illinois stock?

OI stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Comerica Bank, Golub Group LLC, Adirondack Research & Management Inc., Envestnet Asset Management Inc., Nisa Investment Advisors LLC, James Investment Research Inc. and Trillium Asset Management LLC. 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 institutional investors are buying Owens-Illinois stock?

OI stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Great West Life Assurance Co. Can, Lee Danner & Bass Inc., State of New Jersey Common Pension Fund D, California Public Employees Retirement System, First Trust Advisors LP, SG Americas Securities LLC and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

What is Owens-Illinois' stock price today?

One share of OI stock can currently be purchased for approximately $9.20.

How big of a company is Owens-Illinois?

Owens-Illinois has a market capitalization of $1.43 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.View Additional Information About Owens-Illinois.

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:  2.3 out of 5 (star star)
Outperform Votes:  398 (Vote Outperform)
Underperform Votes:  461 (Vote Underperform)
Total Votes:  859
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 11/17/2019 by MarketBeat.com Staff

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