NYSE:OMIOwens & Minor Stock Price, Forecast & News

Owens & Minor's stock was trading at $4.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OMI stock has increased by 65.2% and is now trading at $7.40. 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) released its quarterly earnings results on Wednesday, May, 6th. The company reported $0.04 EPS for the quarter, hitting analysts' consensus estimates of $0.04. The company earned $2.12 billion during the quarter, compared to analysts' expectations of $2.08 billion. Owens & Minor had a positive return on equity of 7.44% and a negative net margin of 0.65%. The firm's quarterly revenue was down 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.02 earnings per share. View Owens & Minor's earnings history.

Owens & Minor declared a quarterly dividend on Thursday, May 7th. Shareholders 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 yield of 0.14%. The ex-dividend date 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 updated 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 estimate of $0.54.

4 brokers have issued twelve-month price objectives for Owens & Minor's shares. Their forecasts range from $7.50 to $9.50. On average, they anticipate Owens & Minor's share price to reach $8.25 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View analysts' price targets for Owens & Minor.

Headlines about OMI stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Owens & Minor earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. 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 trading volume, of 2,900,000 shares, the days-to-cover ratio is currently 4.8 days. Approximately 22.9% of the company's stock are sold short. 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."

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 $7.40.

Owens & Minor has a market capitalization of $466.26 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]