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

$10.21
-0.22 (-2.11 %)
(As of 09/19/2019 06:25 AM ET)
Today's Range
$10.10
Now: $10.21
$10.4410
50-Day Range
$9.71
MA: $11.04
$17.27
52-Week Range
$9.58
Now: $10.21
$20.78
Volume2.64 million shs
Average Volume2.10 million shs
Market Capitalization$1.59 billion
P/E Ratio3.75
Dividend Yield1.83%
Beta1.56
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. Read More…

Industry, Sector and Symbol

Industry Glass containers
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
CUSIP69076840
Phone567-336-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.88 billion
Cash Flow$5.6099 per share
Book Value$5.67 per share

Profitability

Net Income$257 million

Miscellaneous

Employees26,500
Market Cap$1.59 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 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.

How will Owens-Illinois' stock buyback program work?

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.

How were Owens-Illinois' earnings last quarter?

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.

When is Owens-Illinois' next earnings date?

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

What guidance has Owens-Illinois issued on next quarter's earnings?

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.

What price target have analysts set for OI?

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.

What is the consensus analysts' recommendation 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.

Has Owens-Illinois been receiving favorable news coverage?

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.

Are investors shorting 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.

Who are some of Owens-Illinois' key 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), 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).

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, 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)

Who are Owens-Illinois' major shareholders?

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.

Which institutional investors are selling Owens-Illinois stock?

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.

Which institutional investors are buying Owens-Illinois stock?

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.

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 $10.21.

How big of a company is Owens-Illinois?

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.

What is Owens-Illinois' official website?

The official website for Owens-Illinois is http://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]


MarketBeat Community Rating for Owens-Illinois (NYSE OI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  392 (Vote Outperform)
Underperform Votes:  446 (Vote Underperform)
Total Votes:  838
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.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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