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

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$19.21 -0.36 (-1.84 %)
(As of 04/25/2019 08:08 AM ET)
Previous Close$19.57
Today's Range$19.13 - $19.65
52-Week Range$15.67 - $21.20
Volume968,200 shs
Average Volume900,469 shs
Market Capitalization$2.98 billion
P/E Ratio7.06
Dividend Yield1.02%
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$5.8567 per share
Book Value$5.67 per share

Profitability

Net Income$257 million

Miscellaneous

Employees26,500
Market Cap$2.98 billion
Next Earnings Date5/1/2019 (Confirmed)
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 Wednesday, November 14th. Shareholders of record on Tuesday, January 22nd will be paid a dividend of $0.05 per share on Tuesday, February 12th. This represents a $0.20 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Friday, January 18th. View Owens-Illinois' Dividend History.

How will Owens-Illinois' stock buyback program work?

Owens-Illinois announced that its Board of Directors has approved a share buyback plan 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 purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

How were Owens-Illinois' earnings last quarter?

Owens-Illinois Inc (NYSE:OI) released its quarterly earnings results on Tuesday, February, 5th. The industrial products company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.01. The industrial products company earned $1.60 billion during the quarter, compared to analyst estimates of $1.68 billion. Owens-Illinois had a net margin of 3.75% and a return on equity of 44.17%. The company's revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.55 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 Wednesday, May 1st 2019. View Earnings Estimates for Owens-Illinois.

How can I listen to Owens-Illinois' earnings call?

Owens-Illinois will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Owens-Illinois updated its FY19 earnings guidance on Tuesday, February, 5th. 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 FY 2019 guidance to $3.00-3.00 EPS.

What price target have analysts set for OI?

9 analysts have issued 1 year price objectives for Owens-Illinois' stock. Their predictions range from $18.30 to $25.90. On average, they expect Owens-Illinois' stock price to reach $21.6578 in the next twelve months. This suggests a possible upside of 12.7% 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, 6 hold ratings and 2 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 stories about OI stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. 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 1.5 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock'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, CFO & Sr. VP (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 Reynolds, VP of Global Accounting

Who are Owens-Illinois' major shareholders?

Owens-Illinois' stock is owned by many different of institutional and retail investors. Top institutional investors include Trinity Street Asset Management LLP (0.81%), Foundry Partners LLC (0.37%), Retirement Systems of Alabama (0.13%), Eqis Capital Management Inc. (0.06%), Fruth Investment Management (0.04%) and Louisiana State Employees Retirement System (0.03%). 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 Trinity Street Asset Management LLP, Retirement Systems of Alabama, Moody National Bank Trust Division, Fruth Investment Management, Louisiana State Employees Retirement System and Oppenheimer Asset Management Inc.. 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 Foundry Partners LLC, Eqis Capital Management Inc., Sciencast Management LP, Virtu Financial LLC, We Are One Seven LLC, Legacy Advisors LLC and North Star Investment Management Corp.. 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 $19.21.

How big of a company is Owens-Illinois?

Owens-Illinois has a market capitalization of $2.98 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:  384 (Vote Outperform)
Underperform Votes:  432 (Vote Underperform)
Total Votes:  816
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 4/25/2019 by MarketBeat.com Staff

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