NYSE:OMIOwens & Minor Stock Price, Forecast & News

Owens & Minor's stock was trading at $4.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, OMI stock has increased by 71.0% and is now trading at $7.66. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Owens & Minor.

Owens & Minor is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Owens & Minor.

Owens & Minor, Inc. (NYSE:OMI) issued its quarterly earnings results on Wednesday, May, 6th. The company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. The business had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.08 billion. Owens & Minor had a positive return on equity of 7.44% and a negative net margin of 0.65%. The business's revenue for the quarter was down 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 EPS. View Owens & Minor's earnings history.

Owens & Minor announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.0025 per share on Tuesday, June 30th. This represents a $0.01 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend is Friday, June 12th. This is a positive change from Owens & Minor's previous quarterly dividend of $0.00. View Owens & Minor's dividend history.

Owens & Minor issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of $0.50-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54.

4 brokerages have issued 12 month target prices for Owens & Minor's shares. Their forecasts range from $7.50 to $9.50. On average, they expect Owens & Minor's share price to reach $8.25 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View analysts' price targets for Owens & Minor.

News coverage about OMI stock has trended somewhat negative on Tuesday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Owens & Minor earned a news impact score of -1.5 on InfoTrie's scale. They also gave media stories about the 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 the latest news about Owens & Minor.

Owens & Minor saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 13,840,000 shares, an increase of 6.0% from the May 31st total of 13,060,000 shares. Based on an average daily volume of 2,900,000 shares, the short-interest ratio is presently 4.8 days. Currently, 22.9% of the company's shares are short sold. View Owens & Minor's Current Options Chain.

Some companies that are related to Owens & Minor include McKesson (MCK), AmerisourceBergen (ABC), Cardinal Health (CAH), Henry Schein (HSIC) and Patterson Companies (PDCO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens & Minor investors own include AT&T (T), AbbVie (ABBV), Alibaba Group (BABA), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), NVIDIA (NVDA), Pfizer (PFE), Micron Technology (MU), Applied Materials (AMAT) and Gilead Sciences (GILD).

Owens & Minor trades on the New York Stock Exchange (NYSE) under the ticker symbol "OMI."

Owens & Minor's stock is owned by many different retail and institutional investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.18%) and Alpha Windward LLC (0.08%). Company insiders that own Owens & Minor stock include Charles C Colpo, Geoff Taylor Marlatt and Robert J Henkel. View institutional ownership trends for Owens & Minor.

OMI stock was bought by a variety of institutional investors in the last quarter, including Alpha Windward LLC, and MERIAN GLOBAL INVESTORS UK Ltd. View insider buying and selling activity for Owens & Minor.

Shares of OMI 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 OMI stock can currently be purchased for approximately $7.66.

Owens & Minor has a market capitalization of $482.64 million and generates $9.21 billion in revenue each year. The company earns $-62,370,000.00 in net income (profit) each year or $0.56 on an earnings per share basis. Owens & Minor employs 15,400 workers across the globe.

The official website for Owens & Minor is www.owens-minor.com.

Owens & Minor's mailing address is 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA, 23261. The company can be reached via phone at 804-723-7000 or via email at [email protected]-minor.com.