NYSE:OMIOwens & Minor Stock Price, Forecast & News

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. Since then, OMI stock has increased by 62.5% and is now trading at $7.28. 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) announced its quarterly earnings data on Wednesday, May, 6th. The company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. The company earned $2.12 billion during the quarter, compared to analyst estimates 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 revenue was down 9.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.02 earnings per share. View Owens & Minor's earnings history.

Owens & Minor announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Monday, June 15th will be given 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 issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of $0.50-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54.

4 equities research analysts have issued 1-year target prices 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 13.3% from the stock's current price. View analysts' price targets for Owens & Minor.

Press coverage about OMI stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Owens & Minor earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Owens & Minor.

Owens & Minor saw a increase in short interest during 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. Currently, 22.9% of the company's shares 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 $7.28.

Owens & Minor has a market capitalization of $458.71 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]