NYSE:OMIOwens & Minor Stock Price, Forecast & News

Owens & Minor's stock was trading at $4.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OMI stock has increased by 76.1% and is now trading at $7.89. 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 data on Wednesday, May, 6th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The firm earned $2.12 billion during the quarter, compared to the consensus estimate of $2.08 billion. Owens & Minor had a negative net margin of 0.65% and a positive return on equity of 7.44%. Owens & Minor's revenue was down 9.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.02 EPS. View Owens & Minor's earnings history.

Owens & Minor announced a quarterly dividend on Thursday, May 7th. Stockholders 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 0.13%. The ex-dividend date of this dividend is Friday, June 12th. This is a boost 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 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 twelve-month target prices for Owens & Minor's stock. Their forecasts range from $7.50 to $8.50. On average, they expect Owens & Minor's stock price to reach $8.00 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View analysts' price targets for Owens & Minor.

News headlines about OMI stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Owens & Minor earned a news impact score of 1.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutOwens & Minor.

Owens & Minor saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 13,630,000 shares, an increase of 15.1% from the April 30th total of 11,840,000 shares. Based on an average daily trading volume, of 3,030,000 shares, the short-interest ratio is currently 4.5 days. Approximately 22.3% of the company's shares are short sold. 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."

Owens & Minor's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.32%), JPMorgan Chase & Co. (4.32%), State Street Corp (4.21%), Invesco Ltd. (1.93%), Smith Graham & Co. Investment Advisors LP (1.70%) and Morgan Stanley (1.57%). Company insiders that own Owens & Minor stock include Charles C Colpo, Geoff Taylor Marlatt and Robert J Henkel. View institutional ownership trends for Owens & Minor.

OMI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Public Sector Pension Investment Board, Invesco Ltd., Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, Alambic Investment Management L.P., and State Street Corp. View insider buying and selling activity for Owens & Minor.

OMI stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, AQR Capital Management LLC, Invenomic Capital Management LP, Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., and Cozad Asset Management Inc.. View insider buying and selling activity for Owens & Minor.

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 $7.89.

Owens & Minor has a market capitalization of $497.15 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]