Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the 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.
Industry, Sector and Symbol
Industry Glass containers
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
Phone567-336-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.87 billion
Profitability
Miscellaneous
Employees26,500
OptionableOptionable
Owens-Illinois (NYSE:OI) Frequently Asked Questions
What is Owens-Illinois' stock symbol?
Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."
How often does Owens-Illinois pay dividends? What is the dividend yield for Owens-Illinois?
Owens-Illinois declared a quarterly dividend on Wednesday, November 14th. Investors of record on Tuesday, January 22nd will be given 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 1.03%. The ex-dividend date of this dividend is Friday, January 18th. View Owens-Illinois' Dividend History.
How will Owens-Illinois' stock buyback program work?
Owens-Illinois declared that its board has approved a stock buyback program on Wednesday, February 7th 2018, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were Owens-Illinois' earnings last quarter?
Owens-Illinois Inc (NYSE:OI) announced its quarterly earnings data on Tuesday, October, 30th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.75. The industrial products company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.78 billion. Owens-Illinois had a net margin of 1.94% and a return on equity of 43.27%. The business's revenue was down 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.77 EPS. View Owens-Illinois' Earnings History.
When is Owens-Illinois' next earnings date?
How can I listen to Owens-Illinois' earnings call?
Owens-Illinois will be holding an earnings conference call on Wednesday, February 6th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8887331701.
What guidance has Owens-Illinois issued on next quarter's earnings?
Owens-Illinois updated its FY18 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $2.72-2.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.74.
What price target have analysts set for OI?
9 equities research analysts have issued 1-year price objectives for Owens-Illinois' shares. Their predictions range from $18.30 to $27.00. On average, they anticipate Owens-Illinois' stock price to reach $22.5778 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for Owens-Illinois.
What is the consensus analysts' recommendation 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, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens-Illinois.
What are Wall Street analysts saying about Owens-Illinois stock?
Here are some recent quotes from research analysts about Owens-Illinois stock:
- 1. According to Zacks Investment Research, "Following its third-quarter earnings release, Owens-Illinois lowered the adjusted earnings per share guidance range for 2018 to $2.72-$2.78 owing to unfavorable foreign currency, freight inflation and lower volumes. Further, continued decline of beer consumption in domestic market remains a concern. However, in fiscal 2019, volumes are likely to improve on the back of a strong grape harvest in 2018 in Europe, higher demand in Mexico and Brazil, and continued growth in non-beer categories in the United States. Planned asset improvements program in Asia Pacific and successful joint venture with Constellation Brands will aid results. The increased preference for glass packaging bodes well for the company. Its shares have outperformed the industry over the past year. The company has a positive record of earnings surprise history in the last few quarters. Its estimates have been stable lately. " (1/16/2019)
- 2. KeyCorp analysts commented, "We are maintaining our 2018 adj. EPS estimate, though slightly reducing our 2019 estimate on below-the-line items." (4/24/2018)
Has Owens-Illinois been receiving favorable news coverage?
Headlines about OI stock have trended very positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Owens-Illinois earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Owens-Illinois' key competitors?
Some companies that are related to Owens-Illinois include BRAMBLES LTD/S (BXBLY), TORAY INDUSTRIE/ADR (TRYIY), Dover (DOV), Amcor Limited ADS (AMCRY), IDEX (IEX), Norsk Hydro ASA (NHYDY), Zebra Technologies (ZBRA), Packaging Corp Of America (PKG), Avery Dennison (AVY), A. O. Smith (AOS), Allegion (ALLE), AB SKF (SKFRY), ASAHI GLASS/ADR (ASGLY), Nordson (NDSN) and Graco (GGG).
Who are Owens-Illinois' key executives?
Owens-Illinois' management team includes the folowing people:
- Mr. Andres Alberto Lopez, CEO, Pres & Director (Age 56)
- Ms. Jan A. Bertsch, CFO & Sr. VP (Age 62)
- Mr. Vitaliano Torno, Pres of O-I Europe (Age 60)
- Mr. Miguel I. Alvarez, Pres of O-I North America & Latin America (Age 54)
- Mr. John Reynolds, VP of Global Accounting
Who are Owens-Illinois' major shareholders?
Owens-Illinois' stock is owned by a number of of retail and institutional investors. Top institutional investors include Trinity Street Asset Management LLP (0.82%), Fruth Investment Management (0.04%), Nisa Investment Advisors LLC (0.03%), Louisiana State Employees Retirement System (0.03%) and Alpha Omega Wealth Management LLC (0.00%). 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.
Which institutional investors are selling Owens-Illinois stock?
Which institutional investors are buying Owens-Illinois stock?
OI stock was acquired by a variety of institutional investors in the last quarter, including Fruth Investment Management, Nisa Investment Advisors LLC, Trinity Street Asset Management LLP and Alpha Omega Wealth Management LLC. View Insider Buying and Selling for Owens-Illinois.
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, Scottrade, Fidelity and Charles Schwab.
What is Owens-Illinois' stock price today?
One share of OI stock can currently be purchased for approximately $19.49.
How big of a company is Owens-Illinois?
Owens-Illinois has a market capitalization of $3.09 billion and generates $6.87 billion in revenue each year. The industrial products company earns $180 million in net income (profit) each year or $2.65 on an earnings per share basis. Owens-Illinois employs 26,500 workers across the globe.
What is Owens-Illinois' official website?
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]
MarketBeat Community Rating for Owens-Illinois (NYSE OI)
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.
