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 23.8% and is now trading at $7.18. 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 Wednesday, July 29th 2020. View our earnings forecast for Owens-Illinois.

Owens-Illinois Inc (NYSE:OI) posted its quarterly earnings data on Wednesday, April, 29th. The industrial products company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.01. The industrial products company earned $1.56 billion during the quarter, compared to the consensus estimate of $1.63 billion. Owens-Illinois had a negative net margin of 6.47% and a positive return on equity of 61.87%. The firm's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS. View Owens-Illinois' earnings history.

Owens-Illinois declared 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 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend is Thursday, February 27th. View Owens-Illinois' dividend history.

13 brokerages have issued 1-year price targets for Owens-Illinois' stock. Their forecasts range from $4.75 to $19.00. On average, they anticipate Owens-Illinois' share price to reach $11.06 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View analysts' price targets for Owens-Illinois.

Headlines about OI stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Owens-Illinois earned a news impact score of -4.5 on InfoTrie's scale. They also gave news coverage 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 impact on the company's share price in the near future. View the latest news aboutOwens-Illinois.

Owens-Illinois saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,630,000 shares, an increase of 10.7% from the April 30th total of 9,600,000 shares. Based on an average trading volume of 2,840,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 6.9% of the shares of the company are sold short. 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."

Owens-Illinois' stock is owned by a number of retail and institutional investors. Top institutional investors include Markel Corp (0.28%), Quantitative Investment Management LLC (0.04%), Garner Asset Management Corp (0.02%) and Teza Capital Management 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 purchased by a variety of institutional investors in the last quarter, including Markel Corp, Quantitative Investment Management LLC, Teza Capital Management LLC, and Garner Asset Management Corp. View insider buying and selling activity 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 $7.18.

Owens-Illinois has a market capitalization of $1.12 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]