Owens & Minor Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Owens & Minor or view top-rated stocks.

Wall Street analysts have given Owens & Minor a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Owens & Minor wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Owens & Minor is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Owens & Minor.

Owens & Minor, Inc. (NYSE:OMI) released its quarterly earnings data on Wednesday, May, 5th. The company reported $1.57 EPS for the quarter, beating the Zacks' consensus estimate of $0.99 by $0.58. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.36 billion. Owens & Minor had a net margin of 1.28% and a trailing twelve-month return on equity of 43.12%. The firm's revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 earnings per share.
View Owens & Minor's earnings history.

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. Since then, OMI stock has increased by 831.9% and is now trading at $41.75.
View which stocks have been most impacted by COVID-19.

Owens & Minor declared a quarterly dividend on Wednesday, May 5th. Stockholders of record on Tuesday, June 15th will be paid a dividend of $0.0025 per share on Wednesday, June 30th. This represents a $0.01 annualized dividend and a dividend yield of 0.02%. The ex-dividend date of this dividend is Monday, June 14th. This is a boost from Owens & Minor's previous quarterly dividend of $0.00.
View Owens & Minor's dividend history.

Owens & Minor pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.02%. Owens & Minor does not yet have a strong track record of dividend growth. The dividend payout ratio of Owens & Minor is 0.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Owens & Minor will have a dividend payout ratio of 0.29% next year. This indicates that Owens & Minor will be able to sustain or increase its dividend.
View Owens & Minor's dividend history.

Owens & Minor updated its FY 2022 earnings guidance on Tuesday, June, 22nd. The company provided earnings per share (EPS) guidance of $3.000-3.500 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.270. The company issued revenue guidance of -.

9 brokers have issued 1 year target prices for Owens & Minor's stock. Their forecasts range from $12.00 to $55.00. On average, they expect Owens & Minor's stock price to reach $35.44 in the next twelve months. This suggests that the stock has a possible downside of 15.1%.
View analysts' price targets for Owens & Minor or view top-rated stocks among Wall Street analysts.

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.73%), Dimensional Fund Advisors LP (5.14%), Renaissance Technologies LLC (3.15%), Deerfield Management Company L.P. Series C (2.06%), D. E. Shaw & Co. Inc. (1.80%) and Geode Capital Management LLC (1.71%). Company insiders that own Owens & Minor stock include Christopher M Lowery, Jonathan A Leon, Mark P Zacur, Michael Wayne Lowry, Robert J Henkel and Shana Carol Neal.
View institutional ownership trends for Owens & Minor.

OMI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Millennium Management LLC, Grantham Mayo Van Otterloo & Co. LLC, LSV Asset Management, Jupiter Asset Management Ltd., Morgan Stanley, and Northern Trust Corp. Company insiders that have sold Owens & Minor company stock in the last year include Christopher M Lowery, Jonathan A Leon, Mark P Zacur, 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., D. E. Shaw & Co. Inc., Deerfield Management Company L.P. Series C, William Blair Investment Management LLC, Prudential Financial Inc., Beck Bode LLC, JPMorgan Chase & Co., and Nuveen Asset Management LLC.
View insider buying and selling activity for Owens & Minor or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

One share of OMI stock can currently be purchased for approximately $41.75.

Owens & Minor has a market capitalization of $3.14 billion and generates $8.48 billion in revenue each year. The company earns $29.87 million in net income (profit) each year or $2.26 on an earnings per share basis.

Owens & Minor employs 18,800 workers across the globe.

The following companies are subsidiares of Owens & Minor: 500 Expressway Drive South LLC, 5nq, AVID Medical Inc., Access Diabetic Supply, Access Diabetic Supply L.L.C., Access Respiratory Supply Inc, Arabian Medical Products Manufacturing Company, ArcRoyal, ArcRoyal Holdings Unlimited Company, ArcRoyal Unlimited Company, Barista Acquisition I LLC, Barista Acquisition II LLC, Byram Healthcare Centers, Byram Healthcare Centers Inc., Byram Holdings I Inc., Clinical Care Services L.L.C., Cyrus Medical Systems, Diabetes Specialty Center L.L.C., Fusion 5 Inc., Halyard Health - S&IP, Halyard Malaysia SND BHD, Halyard North Carolina LLC, HealthCare Logistics Services, Key Diabetes Supply Co., La Ada de Acuna S. de R.L. de C.V., MAI Acquisition Corp., MIRA Medsource (Malaysia) SDN. BHD., McKesson's Acute-Care Medical, Medegen Newco LLC, Medical Action Industries, Medical Action Industries Inc., Medical Supply Group Inc., Mira MEDsource (Shanghai) Co. LTD, Mira MEDsource Holding Company Limited, Movianto, Nalvest Limited, O and M Halyard South Africa Pty Ltd, O&M Brasil Consultoria Ltda, O&M Byram Holdings GP, O&M Funding LLC, O&M Halyard Australia PTY LTD, O&M Halyard Belgium, O&M Halyard Canada Inc., O&M Halyard France, O&M Halyard Germany GmbH, O&M Halyard Health India Private Limited, O&M Halyard Honduras S.A. de C.V., O&M Halyard Inc., O&M Halyard International Unlimited Company, O&M Halyard Ireland Limited, O&M Halyard Japan GK, O&M Halyard Mexico S. de R.L. de C.V., O&M Halyard Netherlands B.V., O&M Halyard Singapore PTE Ltd, O&M Halyard UK Limited, O&M Healthcare Italia S.R.L., O&M International Healthcare C.V., O&M Worldwide LLC, OMSolutions International Inc., Owens & Minor Canada Inc., Owens & Minor Distribution Inc., Owens & Minor Global Resources LLC, Owens & Minor Global Services Unlimited Company, Owens & Minor Healthcare Supply Inc., Owens & Minor Inc., Owens & Minor Inc. Executive Deferred Compensation Trust, Owens & Minor International Logistics Inc., Owens & Minor International Unlimited Company, Owens & Minor Ireland Unlimited Company, Owens & Minor Jersey Holdings Limited, Owens & Minor Jersey Unlimited, Owens & Minor Medical Inc., Safeskin Medical & Scientific (Thailand) Ltd., Stuart Medical, and The Burrows Company.

Owens & Minor was founded in 1882.

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]