Owens & Minor Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Owens & Minor stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMI, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Owens & Minor a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Owens & Minor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Owens & Minor is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Owens & Minor.

Owens & Minor, Inc. (NYSE:OMI) posted its quarterly earnings data on Wednesday, February, 24th. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.28. Owens & Minor had a negative net margin of 0.72% and a positive trailing twelve-month return on equity of 18.07%.
View Owens & Minor's earnings history.

Owens & Minor's stock was trading at $4.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OMI shares have increased by 623.0% and is now trading at $32.39.
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Owens & Minor declared a quarterly dividend on Wednesday, February 24th. Stockholders of record on Monday, March 15th will be paid a dividend of $0.002 per share on Wednesday, March 31st. This represents a $0.01 annualized dividend and a yield of 0.02%. The ex-dividend date of this dividend is Friday, March 12th.
View Owens & Minor's dividend history.

Owens & Minor pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.03%. Owens & Minor does not yet have a strock track record of dividend growth. The dividend payout ratio of Owens & Minor is 1.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Owens & Minor will have a dividend payout ratio of 0.42% next year. This indicates that Owens & Minor will be able to sustain or increase its dividend.
View Owens & Minor's dividend history.

Owens & Minor issued an update on its FY21 earnings guidance on Wednesday, February, 24th. The company provided earnings per share guidance of $3.00 to $3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.46.

9 brokers have issued 1 year target prices for Owens & Minor's shares. Their forecasts range from $9.50 to $37.00. On average, they anticipate Owens & Minor's share price to reach $25.50 in the next twelve months. This suggests that the stock has a possible downside of 21.3%.
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36 employees have rated Owens & Minor CEO Ed Pesicka on Glassdoor.com. Ed Pesicka has an approval rating of 65% among Owens & Minor's employees.

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 of OMI's competitors.

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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.49%), Dimensional Fund Advisors LP (5.96%), Renaissance Technologies LLC (4.19%), SummerHaven Investment Management LLC (1.99%), Northern Trust Corp (1.58%) and Bank of New York Mellon Corp (1.32%). Company insiders that own Owens & Minor stock include Jonathan A Leon, Michael Wayne Lowry, Robert J Henkel and Shana Carol Neal.
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OMI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Jupiter Asset Management Ltd., Wells Fargo & Company MN, Schroder Investment Management Group, Cozad Asset Management Inc., Hussman Strategic Advisors Inc., SG Americas Securities LLC, and Royce & Associates LP. Company insiders that have sold Owens & Minor company stock in the last year include Jonathan A Leon, Michael Wayne Lowry, and Shana Carol Neal.
View insider buying and selling activity for Owens & Minor or view top insider-selling stocks.

OMI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., SummerHaven Investment Management LLC, Hennessy Advisors Inc., William Blair Investment Management LLC, Epoch Investment Partners Inc., Endurant Capital Management LP, Bank of New York Mellon Corp, and First Trust Advisors LP.
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Shares of OMI 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 $32.39.

Owens & Minor has a market capitalization of $2.38 billion 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 is headquartered at 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA, 23261.

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]