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 declared a quarterly dividend on Monday, October 28th. Stockholders 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 dividend yield of 1.54%. The ex-dividend date is Wednesday, November 27th. View Owens-Illinois' Dividend History.

Owens-Illinois declared that its board has authorized a share repurchase plan on Wednesday, February 7th 2018, which permits the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

Owens-Illinois Inc (NYSE:OI) issued its quarterly earnings results on Monday, October, 28th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.55 by $0.01. The industrial products company earned $1.67 billion during the quarter, compared to analysts' expectations of $1.74 billion. Owens-Illinois had a negative net margin of 6.58% and a positive return on equity of 42.84%. The business's quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 earnings per share. 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 earnings per share (EPS) guidance of $2.20-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.35.

12 brokers have issued 12 month price objectives for Owens-Illinois' shares. Their forecasts range from $8.00 to $24.00. On average, they expect Owens-Illinois' stock 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 on Sunday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Owens-Illinois earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect 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 institutional and retail 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]