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

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

Owens-Illinois announced a quarterly dividend on Wednesday, July 31st. Stockholders of record on Friday, August 30th will be given a dividend of $0.05 per share on Monday, September 16th. This represents a $0.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Thursday, August 29th. View Owens-Illinois' Dividend History.

Owens-Illinois announced that its board has approved a share buyback program on Wednesday, February 7th 2018, which permits the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

Owens-Illinois Inc (NYSE:OI) posted its quarterly earnings data on Wednesday, July, 31st. The industrial products company reported $0.69 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.07. The industrial products company earned $1.80 billion during the quarter, compared to analysts' expectations of $1.76 billion. Owens-Illinois had a net margin of 3.76% and a return on equity of 39.73%. Owens-Illinois's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.77 earnings per share. View Owens-Illinois' Earnings History.

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Owens-Illinois.

Owens-Illinois issued an update on its third quarter 2019 earnings guidance on Tuesday, September, 10th. The company provided EPS guidance of $0.52-0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.62.

10 equities research analysts have issued twelve-month price objectives for Owens-Illinois' stock. Their forecasts range from $11.00 to $24.00. On average, they expect Owens-Illinois' stock price to reach $17.1111 in the next twelve months. This suggests a possible upside of 67.6% from the stock's current price. View Analyst Price Targets for Owens-Illinois.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens-Illinois.

News headlines about OI stock have trended negative recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. Owens-Illinois earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the next several days. View News Stories for Owens-Illinois.

Owens-Illinois saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 5,083,100 shares, a decrease of 27.5% from the July 31st total of 7,014,700 shares. Based on an average trading volume of 1,460,000 shares, the short-interest ratio is presently 3.5 days. Approximately 3.3% of the company's shares are short sold. View Owens-Illinois' Current Options Chain.

Some companies that are related to Owens-Illinois include Middleby (MIDD), HD Supply (HDS), Sealed Air (SEE), Smiths Group (SMIN), Flowserve (FLS), Pentair (PNR), Metso Oyj (MXCYY), KION GRP AG/ADR (KIGRY), Sonoco Products (SON), AGCO (AGCO), Lincoln Electric (LECO), GEA Group Aktiengesellschaft (GEAGY), Taylor Wimpey (TW), Berry Global Group (BERY) and Berkeley Group (BKG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), Mondi (MNDI), General Electric (GE), Qudian (QD), Starbucks (SBUX), Ford Motor (F), General Motors (GM), Mcdonald's (MCD), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.63%), BlackRock Inc. (9.52%), BlackRock Inc. (9.52%), Russell Investments Group Ltd. (4.64%), Lyrical Asset Management LP (3.68%) and LSV Asset Management (3.64%). 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 Bank of Montreal Can, Renaissance Technologies LLC, Lyrical Asset Management LP, Sterling Capital Management LLC, ClariVest Asset Management LLC, Parametric Portfolio Associates LLC, Trillium Asset Management LLC and First Trust Advisors LP. 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 purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Prudential Financial Inc., Bank of New York Mellon Corp, LSV Asset Management and Cumberland Partners Ltd. 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 $10.21.

Owens-Illinois has a market capitalization of $1.59 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]