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 Tuesday, February 4th. Stockholders 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 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, February 27th. View Owens-Illinois' Dividend History.

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

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Owens-Illinois.

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

13 brokerages have issued 12 month target prices for Owens-Illinois' shares. Their forecasts range from $10.00 to $24.00. On average, they expect Owens-Illinois' share price to reach $14.75 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Owens-Illinois.

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.

Press coverage about OI stock has been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Owens-Illinois earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. 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 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' stock is owned by a variety of of institutional and retail 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. 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.

OI stock was bought by a variety of institutional investors in the last quarter, including Markel Corp. 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 $13.73.

Owens-Illinois has a market capitalization of $2.14 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 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]