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

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

Owens-Illinois announced a quarterly dividend on Monday, October 28th. Shareholders of record on Friday, November 29th will be given a dividend of $0.05 per share on Monday, December 16th. This represents a $0.20 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, November 27th. View Owens-Illinois' Dividend History.

Owens-Illinois declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 7th 2018, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans 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 Monday, October, 28th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.01. The industrial products company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.74 billion. Owens-Illinois had a negative net margin of 6.58% and a positive return on equity of 42.84%. The firm's revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 EPS. View Owens-Illinois' Earnings History.

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Owens-Illinois.

Owens-Illinois will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Owens-Illinois issued an update on its FY19 earnings guidance on Monday, October, 28th. The company provided EPS guidance of $2.20-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.35.

12 analysts have issued 1-year price objectives for Owens-Illinois' stock. Their forecasts range from $8.00 to $24.00. On average, they expect Owens-Illinois' share price to reach $13.91 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Owens-Illinois.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 2 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.

Headlines about OI stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Owens-Illinois earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Owens-Illinois.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), General Electric (GE), Ford Motor (F), Starbucks (SBUX), General Motors (GM), Cisco Systems (CSCO), Netflix (NFLX), Mcdonald's (MCD), Qudian (QD) and AT&T (T).

Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Garner Asset Management Corp (0.01%). 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 Garner Asset Management Corp. 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.

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 $12.95.

Owens-Illinois has a market capitalization of $2.02 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]