NYSE:OIOwens-Illinois Stock Price, Forecast & News

Owens-Illinois' stock was trading at $5.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, OI shares have increased by 56.0% and is now trading at $9.05. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 3 sell ratings, 6 hold ratings and 4 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 Tuesday, August 4th 2020. View our earnings forecast for Owens-Illinois.

Owens-Illinois will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Owens-Illinois Inc (NYSE:OI) announced its earnings results on Wednesday, April, 29th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The industrial products company earned $1.56 billion during the quarter, compared to analyst estimates of $1.63 billion. Owens-Illinois had a positive return on equity of 61.87% and a negative net margin of 6.47%. Owens-Illinois's revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS. View Owens-Illinois' earnings history.

Owens-Illinois announced a quarterly dividend on Tuesday, February 4th. Shareholders 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 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Thursday, February 27th. View Owens-Illinois' dividend history.

13 brokers have issued 12 month price targets for Owens-Illinois' stock. Their forecasts range from $4.75 to $19.00. On average, they expect Owens-Illinois' stock price to reach $11.06 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View analysts' price targets for Owens-Illinois.

Headlines about OI stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Owens-Illinois earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Owens-Illinois.

Owens-Illinois saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,260,000 shares, a decline of 12.9% from the June 15th total of 8,340,000 shares. Based on an average trading volume of 2,390,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 4.7% of the company's shares are short sold. View Owens-Illinois' Current Options Chain.

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). View all competitors.

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

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

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 $9.05.

Owens-Illinois has a market capitalization of $1.42 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.

The official website for Owens-Illinois is 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]