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

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$16.84 +0.09 (+0.54 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$16.84
Today's Range$16.72 - $16.87
52-Week Range$15.67 - $20.78
Volume472,810 shs
Average Volume1.24 million shs
Market Capitalization$2.61 billion
P/E Ratio6.19
Dividend Yield1.19%
Beta1.35
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. 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.

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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$5.8472 per share
Book Value$6.51 per share

Profitability

Net Income$257 million

Miscellaneous

Employees26,500
Market Cap$2.61 billion
Next Earnings Date7/22/2019 (Estimated)
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 Thursday, May 2nd. Investors of record on Friday, May 31st will be paid a dividend of $0.05 per share on Monday, June 17th. This represents a $0.20 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, May 30th. View Owens-Illinois' Dividend History.

How will Owens-Illinois' stock buyback program work?

Owens-Illinois announced that its board has initiated a stock repurchase program on Wednesday, February 7th 2018, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally 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 earnings results on Wednesday, May, 1st. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by $0.02. The industrial products company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.65 billion. Owens-Illinois had a net margin of 3.53% and a return on equity of 43.45%. The business's revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.59 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 Monday, July 22nd 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 FY19 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of $3.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.96. Owens-Illinois also updated its Q2 guidance to $0.75-0.80 EPS.

What price target have analysts set for OI?

9 Wall Street analysts have issued 12-month price objectives for Owens-Illinois' shares. Their forecasts range from $18.30 to $25.00. On average, they anticipate Owens-Illinois' share price to reach $22.1625 in the next twelve months. This suggests a possible upside of 31.6% 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.

Has Owens-Illinois been receiving favorable news coverage?

News coverage about OI stock has been trending somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Owens-Illinois earned a news sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

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), Qudian (QD), Ford Motor (F), General Electric (GE), Starbucks (SBUX), 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.15%), Great West Life Assurance Co. Can (4.61%), LSV Asset Management (3.45%), Wedge Capital Management L L P NC (3.07%), Dimensional Fund Advisors LP (2.16%) and Private Management Group Inc. (1.54%). 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 major investors are selling Owens-Illinois stock?

OI stock was sold by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Sasco Capital Inc. CT, Clark Estates Inc. NY, Edmond DE Rothschild Holding S.A., FMR LLC, Trillium Asset Management LLC, ClariVest Asset Management LLC and Wedge Capital Management L L P NC. 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 major investors are buying Owens-Illinois stock?

OI stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, AQR Capital Management LLC, LSV Asset Management, Man Group plc, Bank of Montreal Can, Great West Life Assurance Co. Can and Geode Capital 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 $16.84.

How big of a company is Owens-Illinois?

Owens-Illinois has a market capitalization of $2.61 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  821
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 5/26/2019 by MarketBeat.com Staff

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