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 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.

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.

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.

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for Owens-Illinois.

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.

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.

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.

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.

Some companies that are related to Owens-Illinois include Zebra Technologies (ZBRA), Allegion (ALLE), CAE (CAE), Halma (HLMAF), Packaging Corp Of America (PKG), Avery Dennison (AVY), Melrose Industries (MRO), Crown (CCK), James Hardie Industries (JHX), Graco (GGG), Norsk Hydro ASA (NHYDY), Middleby (MIDD), ASAHI GLASS/ADR (ASGLY), Fortune Brands Home & Security (FBHS) and A. O. Smith (AOS).

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).

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.

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.

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.

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.

One share of OI stock can currently be purchased for approximately $16.84.

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.

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]