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

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

Owens-Illinois declared a quarterly dividend on Monday, October 28th. Stockholders 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 1.60%. The ex-dividend date of this dividend is Wednesday, November 27th. View Owens-Illinois' Dividend History.

Owens-Illinois declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 7th 2018, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

Owens-Illinois Inc (NYSE:OI) posted its quarterly earnings results on Monday, October, 28th. The industrial products company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.01. The industrial products company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.74 billion. Owens-Illinois had a negative net margin of 6.58% and a positive return on equity of 42.84%. The firm's quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.75 earnings per share. View Owens-Illinois' Earnings History.

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Owens-Illinois.

Owens-Illinois will be holding an earnings conference call on Tuesday, February 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 updated its FY19 earnings guidance on Monday, October, 28th. The company provided EPS guidance of $2.20-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.35.

12 brokers have issued 12-month target prices for Owens-Illinois' shares. Their forecasts range from $8.00 to $24.00. On average, they expect Owens-Illinois' stock price to reach $13.91 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for Owens-Illinois.

12 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens-Illinois.

Headlines about OI stock have trended very positive on Saturday, InfoTrie reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Owens-Illinois earned a daily sentiment score of 3.5 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Owens-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 Motors (GM), General Electric (GE), Ford Motor (F), AT&T (T), Gilead Sciences (GILD), Starbucks (SBUX), Cisco Systems (CSCO), Netflix (NFLX) and Enterprise Products Partners (EPD).

Owens-Illinois' stock is owned by a number of of institutional and retail investors. Top institutional investors include Garner Asset Management Corp (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 Garner Asset Management Corp. 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.

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 $12.52.

Owens-Illinois has a market capitalization of $1.95 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.

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]