NYSE:OIOwens-Illinois Stock Price, Forecast & News

Owens-Illinois' stock was trading at $5.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OI stock has increased by 96.0% and is now trading at $11.37.
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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 Monday, October 26th 2020.
View our earnings forecast for Owens-Illinois.

Owens-Illinois Inc (NYSE:OI) issued its quarterly earnings data on Tuesday, August, 4th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.17. The industrial products company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. Owens-Illinois had a negative net margin of 9.46% and a positive return on equity of 81.57%. The company's quarterly revenue was down 22.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 earnings per share.
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 1.76%. The ex-dividend date is Thursday, February 27th.
View Owens-Illinois' dividend history.

Owens-Illinois issued an update on its second quarter earnings guidance on Wednesday, July, 15th. The company provided EPS guidance of approx breakeven for the period, compared to the Thomson Reuters consensus EPS estimate of $0.07.

13 analysts have issued 1 year price objectives for Owens-Illinois' shares. Their forecasts range from $7.00 to $19.00. On average, they anticipate Owens-Illinois' share price to reach $11.62 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
View analysts' price targets for Owens-Illinois.

News headlines about OI stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative 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 -5 to 5, with scores closest to five being the most favorable. Owens-Illinois earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
View the latest news about Owens-Illinois.

Owens-Illinois saw a decrease in short interest in July. As of July 31st, there was short interest totaling 8,660,000 shares, a decrease of 10.4% from the July 15th total of 9,660,000 shares. Based on an average daily trading volume, of 2,270,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 6.3% of the shares of the company are short sold.
View Owens-Illinois' Short Interest.

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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Bank of America (BAC), General Electric (GE), AT&T (T), Cisco Systems (CSCO), Ford Motor (F), Gilead Sciences (GILD) and General Motors (GM).

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

Owens-Illinois' stock is owned by a variety of retail and institutional investors. Top institutional investors include Teza Capital Management LLC (0.02%). 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 acquired by a variety of institutional investors in the last quarter, including Teza Capital Management LLC.
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 $11.37.

Owens-Illinois has a market capitalization of $1.78 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]