Owens & Minor - OMI Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OMI shares.
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2 Wall Street research analysts have issued 12-month price objectives for Owens & Minor's stock. Their OMI share price forecasts range from $37.00 to $62.00. On average, they expect the company's stock price to reach $50.33 in the next year. This suggests a possible upside of 100.3% from the stock's current price.
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Owens & Minor's stock was trading at $43.50 at the start of the year. Since then, OMI shares have decreased by 42.2% and is now trading at $25.13.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our OMI earnings forecast.

Owens & Minor, Inc. (NYSE:OMI) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.53 billion. Owens & Minor had a trailing twelve-month return on equity of 26.66% and a net margin of 1.56%. Owens & Minor's quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.06 EPS.

Owens & Minor declared a quarterly dividend on Friday, October 29th. Investors of record on Wednesday, December 15th will be paid a dividend of $0.002 per share on Friday, December 31st. This represents a $0.01 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date is Tuesday, December 14th.
Read our dividend analysis for OMI.

Owens & Minor updated its FY22 earnings guidance on Tuesday, September, 13th. The company provided EPS guidance of $2.85-3.15 for the period, compared to the consensus earnings per share estimate of $3.01. The company issued revenue guidance of $9.8-10.1 billion, compared to the consensus revenue estimate of $9.95 billion.

36 employees have rated Owens & Minor Chief Executive Officer Ed Pesicka on Glassdoor.com. Ed Pesicka has an approval rating of 65% among the company's employees.

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

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 investors include FMR LLC (14.97%), State Street Corp (3.70%), William Blair Investment Management LLC (3.61%), Allspring Global Investments Holdings LLC (2.81%), Brown Advisory Inc. (1.99%) and Brown Advisory Inc. (1.99%). Insiders that own company stock include Andrew G Long, Andrew G Long, Christopher M Lowery, Edward A Pesicka, Gwendolyn M Bingham, Jeffrey T Jochims, Jeffrey T Jochims, Jonathan A Leon, Lawrence Lacerte, Mark P Zacur, Michael Wayne Lowry, Nicholas J Pace, Robert J Henkel, Robert Weideman and Shana Carol Neal.
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Shares of OMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OMI stock can currently be purchased for approximately $25.13.

Owens & Minor (NYSE:OMI) has a market capitalization of $1.92 billion and generates $9.79 billion in revenue each year. The company earns $221.59 million in net income (profit) each year or $2.02 on an earnings per share basis.

The company employs 17,300 workers across the globe.

Owens & Minor's mailing address is 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA, 23261. The official website for the company is www.owens-minor.com. The company can be reached via phone at (804) 723-7000, via email at truitt.allcott@owens-minor.com, or via fax at 804-723-7100.