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

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

Owens-Illinois declared a quarterly dividend on Wednesday, November 14th. Shareholders of record on Tuesday, January 22nd will be paid a dividend of $0.05 per share on Tuesday, February 12th. This represents a $0.20 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Friday, January 18th. View Owens-Illinois' Dividend History.

Owens-Illinois announced that its Board of Directors has approved a share buyback plan on Wednesday, February 7th 2018, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

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

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Owens-Illinois.

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.

Owens-Illinois updated 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 earnings per share estimate of $2.96. Owens-Illinois also updated its FY 2019 guidance to $3.00-3.00 EPS.

9 analysts have issued 1 year price objectives 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 twelve months. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets 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.

News stories about OI stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Owens-Illinois earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Owens-Illinois include IDEX (IEX), TORAY INDUSTRIE/ADR (TRYIY), Avery Dennison (AVY), Melrose Industries (MRO), A. O. Smith (AOS), Norsk Hydro ASA (NHYDY), Packaging Corp Of America (PKG), Allegion (ALLE), Graco (GGG), Halma (HLMAF), AB SKF (SKFRY), James Hardie Industries (JHX), Nordson (NDSN), CAE (CAE) and Crown (CCK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), Mondi (MNDI), Qudian (QD), Ford Motor (F), General Electric (GE), Starbucks (SBUX), General Motors (GM), Mcdonald's (MCD), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Owens-Illinois' stock is owned by many different of institutional and retail investors. Top institutional investors include Trinity Street Asset Management LLP (0.81%), Foundry Partners LLC (0.37%), Retirement Systems of Alabama (0.13%), Eqis Capital Management Inc. (0.06%), Fruth Investment Management (0.04%) and Louisiana State Employees Retirement System (0.03%). 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.

OI stock was sold by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Retirement Systems of Alabama, Moody National Bank Trust Division, Fruth Investment Management, Louisiana State Employees Retirement System and Oppenheimer Asset Management Inc.. 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.

OI stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Eqis Capital Management Inc., Sciencast Management LP, Virtu Financial LLC, We Are One Seven LLC, Legacy Advisors LLC and North Star Investment Management Corp.. View Insider Buying and Selling for 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.

One share of OI stock can currently be purchased for approximately $19.21.

Owens-Illinois has a market capitalization of $2.98 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.

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

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]