NYSE:OIOwens-Illinois Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Owens-Illinois Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.09 +0.01 (+0.09 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$10.41Now: $11.09▼$11.1050-Day Range$7.74MA: $9.50▼$11.7452-Week Range$4.30Now: $11.09▼$15.64Volume1.30 million shsAverage Volume2.53 million shsMarket Capitalization$1.74 billionP/E RatioN/ADividend Yield1.35%Beta1.68 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. Owens-Illinois, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingOwens-Illinois has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 4 buy ratings, 6 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.62, Owens-Illinois has a potential upside of 4.7% from its current price of $11.09.Amount of Analyst CoverageOwens-Illinois has only been the subject of 4 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesOwens-Illinois has received 411 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOwens-Illinois has received 488 “underperform” votes. (Add your “underperform” vote.)Community SentimentOwens-Illinois has received 54.28% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldOwens-Illinois has a dividend yield of 1.35%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOwens-Illinois does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Owens-Illinois is 6.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Owens-Illinois will have a dividend payout ratio of 10.07% next year. This indicates that Owens-Illinois will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Owens-Illinois insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.23% of the stock of Owens-Illinois is held by insiders.Percentage Held by Institutions94.59% of the stock of Owens-Illinois is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Owens-Illinois are expected to grow by 47.52% in the coming year, from $1.01 to $1.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Owens-Illinois is -2.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Owens-Illinois is -2.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOwens-Illinois has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioOwens-Illinois has a P/B Ratio of 41.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.83 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Glass containers Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:OI Previous Symbol CUSIP69076840 CIK812074 Webwww.o-i.com Phone567-336-5000Debt Debt-to-Equity Ratio145.31 Current Ratio1.60 Quick Ratio1.05Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio10.98 P/E Growth0.78 Sales & Book Value Annual Sales$6.69 billion Price / Sales0.26 Cash Flow$8.80 per share Price / Cash Flow1.26 Book Value$0.27 per share Price / Book41.07Profitability EPS (Most Recent Fiscal Year)$2.24 Net Income$-400,000,000.00 Net Margins-9.46% Return on Equity81.57% Return on Assets2.38%Miscellaneous Employees27,500 Outstanding Shares156,571,000Market Cap$1.74 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $11.09 +0.01 (+0.09 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OI News and Ratings via Email Sign-up to receive the latest news and ratings for OI and its competitors with MarketBeat's FREE daily newsletter. Owens-Illinois (NYSE:OI) Frequently Asked Questions How has Owens-Illinois' stock been impacted by COVID-19 (Coronavirus)? 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 shares have increased by 91.2% and is now trading at $11.09. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Owens-Illinois? 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. When is Owens-Illinois' next earnings date? Owens-Illinois is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for Owens-Illinois. How were Owens-Illinois' earnings last quarter? Owens-Illinois Inc (NYSE:OI) announced its quarterly earnings data on Tuesday, August, 4th. The industrial products company reported $0.01 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.17. The industrial products company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.43 billion. Owens-Illinois had a negative net margin of 9.46% and a positive return on equity of 81.57%. The company's revenue for the quarter was down 22.2% on a year-over-year basis. During the same period last year, the business earned $0.69 earnings per share. View Owens-Illinois' earnings history. How often does Owens-Illinois pay dividends? What is the dividend yield for Owens-Illinois? Owens-Illinois declared a quarterly dividend on Tuesday, February 4th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.05 per share on Monday, March 16th. This represents a $0.20 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Thursday, February 27th. View Owens-Illinois' dividend history. What guidance has Owens-Illinois issued on next quarter's earnings? Owens-Illinois issued an update on its second quarter earnings guidance on Wednesday, July, 15th. The company provided earnings per share (EPS) guidance of approx breakeven for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.07. What price target have analysts set for OI? 13 brokerages have issued 12 month target prices for Owens-Illinois' shares. Their forecasts range from $7.00 to $19.00. On average, they expect Owens-Illinois' share price to reach $11.62 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets for Owens-Illinois. Has Owens-Illinois been receiving favorable news coverage? News articles about OI stock have trended very positive this week, InfoTrie reports. The research firm rates the sentiment of news 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 -5 to 5, with scores closest to five being the most favorable. Owens-Illinois earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Owens-Illinois. Are investors shorting Owens-Illinois? Owens-Illinois saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,660,000 shares, a drop of 10.4% from the July 15th total of 9,660,000 shares. Based on an average daily trading volume, of 2,270,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 6.3% of the shares of the company 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). View all competitors. 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), AT&T (T), Bank of America (BAC), Gilead Sciences (GILD), General Motors (GM), Starbucks (SBUX), Cisco Systems (CSCO), Ford Motor (F) and Netflix (NFLX). Who are Owens-Illinois' key executives? Owens-Illinois' management team includes the following 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) What is Owens-Illinois' stock symbol? Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI." 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 $11.09. How big of a company is Owens-Illinois? Owens-Illinois has a market capitalization of $1.74 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. What is Owens-Illinois' official website? The official website for Owens-Illinois is 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] This page was last updated on 8/8/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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