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

Owens-Illinois' stock was trading at $5.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OI stock has increased by 14.1% and is now trading at $6.62. View which stocks have been mosted impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Owens-Illinois.

Owens-Illinois is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Owens-Illinois.

Owens-Illinois Inc (NYSE:OI) issued its earnings results on Wednesday, February, 5th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.04. The industrial products company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. Owens-Illinois had a positive return on equity of 45.16% and a negative net margin of 5.96%. Owens-Illinois's revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS. View Owens-Illinois' earnings history.

Owens-Illinois announced a quarterly dividend on Tuesday, February 4th. Stockholders of record on Friday, February 28th will be given a dividend of $0.05 per share on Monday, March 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Thursday, February 27th. View Owens-Illinois' dividend history.

Owens-Illinois issued an update on its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $2.10-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17.

13 equities research analysts have issued 12-month price objectives for Owens-Illinois' shares. Their forecasts range from $4.75 to $24.00. On average, they expect Owens-Illinois' share price to reach $14.23 in the next twelve months. This suggests a possible upside of 114.9% from the stock's current price. View analysts' price targets for Owens-Illinois.

Media stories about OI stock have trended somewhat negative on Monday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Owens-Illinois earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutOwens-Illinois.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), General Electric (GE), General Motors (GM), Ford Motor (F), AT&T (T), Gilead Sciences (GILD), Starbucks (SBUX), Cisco Systems (CSCO), Netflix (NFLX) and Enterprise Products Partners (EPD).

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

Owens-Illinois' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Markel Corp (0.22%), Garner Asset Management Corp (0.01%) and Parallel Advisors LLC (0.01%). 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.

OI stock was sold by a variety of institutional investors in the last quarter, including Parallel Advisors LLC, and Garner Asset Management Corp. View insider buying and selling activity for Owens-Illinois.

OI stock was acquired by a variety of institutional investors in the last quarter, including Markel Corp. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of OI stock can currently be purchased for approximately $6.62.

Owens-Illinois has a market capitalization of $1.03 billion and generates $6.69 billion in revenue each year. The industrial products company earns $-400,000,000.00 in net income (profit) each year or $2.24 on an earnings per share basis. Owens-Illinois employs 27,500 workers across the globe. View additional information about Owens-Illinois.

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]