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. Investors 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 1.58%. The ex-dividend date is Wednesday, November 27th. View Owens-Illinois' Dividend History.

Owens-Illinois declared that its board has authorized a stock repurchase 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 reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

Owens-Illinois Inc (NYSE:OI) released its quarterly earnings results on Monday, October, 28th. The industrial products company reported $0.54 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.01. The industrial products company earned $1.67 billion during 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 business's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm 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 updated 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 estimate of $2.35.

12 brokerages have issued 12 month price targets for Owens-Illinois' shares. Their forecasts range from $8.00 to $24.00. On average, they anticipate Owens-Illinois' share price to reach $13.91 in the next year. This suggests a possible upside of 9.8% 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.

Media stories about OI stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Owens-Illinois earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. 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 Motors (GM), General Electric (GE), Ford Motor (F), AT&T (T), Gilead Sciences (GILD), Starbucks (SBUX), Cisco Systems (CSCO), Netflix (NFLX) and Enterprise Products Partners (EPD).

Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 $12.67.

Owens-Illinois has a market capitalization of $1.97 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]