About Libbey (NYSEAMERICAN:LBY)
Libbey Inc. is engaged in the design, production and sale of tableware and other products. The Company's segments are U.S. & Canada; Latin America; Europe, the Middle East and Africa (EMEA) and Other. The U.S. & Canada segment includes sales of manufactured and sourced tableware having an end market destination in the United States and Canada, excluding glass products for original equipment manufacturers (OEMs), which remain in the Latin America segment. The Latin America segment includes primarily sales of manufactured and sourced glass tableware having an end market destination in Latin America, including glass products for OEMs that have an end market destination outside of Latin America. The EMEA segment includes primarily sales of manufactured and sourced glass tableware having an end market destination in Europe, the Middle East and Africa. The Other segment includes primarily sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific.
Industry, Sector and Symbol:
- Industry: Appliances, Tools & Housewares
- Sub-Industry: Housewares & Specialties
- Sector: Cyclical Consumer Goods & Services
- Symbol: NYSEAMERICAN:LBY
- CUSIP: 52989810
- Web: libbey.com
- Annual Dividend: $0.47
- Dividend Yield: 6.6%
- Trailing EPS: ($4.01)
- Net Margins: -41.83%
- Return on Equity: -290.54%
- Return on Assets: -40.97%
- Outstanding Shares: 22,020,000
Frequently Asked Questions for Libbey (NYSEAMERICAN:LBY)
What is Libbey's stock symbol?
Libbey trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "LBY."
How often does Libbey pay dividends? What is the dividend yield for Libbey?
Libbey announced a quarterly dividend on Tuesday, October 24th. Shareholders of record on Tuesday, November 7th will be paid a dividend of $0.117 per share on Wednesday, November 22nd. This represents a $0.47 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date is Monday, November 6th. This is a boost from Libbey's previous quarterly dividend of $0.12. View Libbey's Dividend History.
How will Libbey's stock buyback program work?
Libbey announced that its Board of Directors has approved a share repurchase program on Tuesday, November 14th 2017, which allows the company to buyback 500,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.
How were Libbey's earnings last quarter?
Libbey Inc. (NYSEAMERICAN:LBY) issued its quarterly earnings results on Tuesday, October, 31st. The company reported ($3.57) EPS for the quarter, missing the consensus estimate of $0.31 by $3.88. The company had revenue of $187.30 million for the quarter, compared to the consensus estimate of $193.74 million. Libbey had a negative net margin of 41.83% and a negative return on equity of 290.54%. The firm's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 EPS. View Libbey's Earnings History.
Are investors shorting Libbey?
Libbey saw a decline in short interest in October. As of October 31st, there was short interest totalling 517,441 shares, a decline of 0.7% from the October 13th total of 521,146 shares. Based on an average daily volume of 207,409 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.4% of the shares of the stock are sold short.
Who are some of Libbey's key competitors?
Some companies that are related to Libbey include Denison Mines Corp (DNN), Protalix Biotherapeutics (PLX), BioTime (BTX), Envirostar (EVI), 22nd Century Group (XXII), Lilis Energy (LLEX), Bluerock Residential Growth REIT (BRG), Saga Communications (SGA), IMPAC Mortgage Holdings (IMH), Radiant Logistics (RLGT), Uranium Energy Corp. (UEC), Corindus Vascular Robotics (CVRS), Gold Resource (GORO), Evolution Petroleum Corp (EPM), VirnetX Holding Corp (VHC), Majesco (MJCO), Great Panther Silver Limited (GPL) and Polymet Mining Corp (PLM).
Who are Libbey's key executives?
Libbey's management team includes the folowing people:
- William A. Foley, Chairman of the Board, Chief Executive Officer
- James C. Burmeister, Chief Financial Officer, Vice President
- Susan Allene Kovach, Vice President, General Counsel, Secretary
- Salvador Minarro Villalobos, Vice President, General Manager, U.S. and Canada
- Veronica L. Smith, Vice President, Corporate Controller, Assistant Treasurer
- Carol L. Summersgill, Vice President - Human Resources
- Annunciata Cerioli, Vice President, Chief Supply Chain Officer
- John C. Orr, Lead Independent Director
- Carlos V. Duno, Independent Director
- Ginger M. Jones, Independent Director
Who owns Libbey stock?
Libbey's stock is owned by a number of of institutional and retail investors. Top institutional investors include Spitfire Capital LLC (4.37%), Royce & Associates LP (1.09%), California Public Employees Retirement System (0.57%) and GSA Capital Partners LLP (0.54%). Company insiders that own Libbey stock include Ginger M Jones, James Charles Burmeister, Salvador Minarro, Susan A Kovach, Timothy T Paige and William A Foley. View Institutional Ownership Trends for Libbey.
Who bought Libbey stock? Who is buying Libbey stock?
Libbey's stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, GSA Capital Partners LLP, Spitfire Capital LLC and California Public Employees Retirement System. Company insiders that have bought Libbey stock in the last two years include Ginger M Jones, James Charles Burmeister, Salvador Minarro and William A Foley. View Insider Buying and Selling for Libbey.
How do I buy Libbey stock?
Shares of Libbey 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, Scottrade, Fidelity and Charles Schwab.
What is Libbey's stock price today?
One share of Libbey stock can currently be purchased for approximately $6.73.
How big of a company is Libbey?
Libbey has a market capitalization of $168.16 million.
How can I contact Libbey?
Libbey's mailing address is 300 Madison Ave, PO Box 10060, TOLEDO, OH 43604-1561, United States. The company can be reached via phone at +1-419-3252100.
MarketBeat Community Rating for Libbey (NYSEAMERICAN LBY)MarketBeat's community ratings are surveys of what our community members think about Libbey and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Libbey (NYSEAMERICAN:LBY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Libbey (NYSEAMERICAN:LBY)
Analysts' Ratings History for Libbey (NYSEAMERICAN:LBY)
(Data available from 11/21/2015 forward)
|8/5/2016||Dougherty & Co||Downgrade||Buy -> Neutral|
|6/13/2016||Cowen and Company||Downgrade||Outperform -> Market Perform|
|2/25/2016||Piper Jaffray Companies||Reiterated Rating||Buy||$33.00 -> $25.00|
Earnings History and Estimates Chart for Libbey (NYSEAMERICAN:LBY)
Earnings History by Quarter for Libbey (NYSEAMERICAN LBY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/31/2017||Q3 2017||$0.31||($3.57)||$193.74 million||$187.30 million||View||N/A|
|8/1/2017||Q2 2017||$0.20||$0.36||$198.29 million||$197.50 million||View||Listen|
|2/28/2017||Q4 2016||$0.28||($0.10)||$220.02 million||$205.80 million||View||Listen|
|11/3/2016||Q316||$0.18||$0.13||$198.70 million||$196.90 million||View||N/A|
|8/4/2016||Q216||$0.54||$0.40||$215.26 million||$207.90 million||View||N/A|
|4/28/2016||Q116||$0.06||$0.16||$184.57 million||$182.80 million||View||Listen|
|2/24/2016||Q415||$0.41||$0.41||$211.87 million||$219.00 million||View||Listen|
|11/5/2015||Q315||$0.57||$0.81||$214.59 million||$201.80 million||View||Listen|
|7/30/2015||Q215||$0.74||$0.77||$226.49 million||$214.10 million||View||Listen|
|4/30/2015||Q1||$0.16||$0.16||$189.10 million||$187.40 million||View||Listen|
|2/27/2015||Q414||$0.48||$0.53||$232.30 million||$231.40 million||View||Listen|
|11/4/2014||Q214||$0.67||$0.62||$217.56 million||$216.00 million||View||Listen|
|7/31/2014||Q2||$0.75||$1.02||$213.97 million||$223.50 million||View||Listen|
|5/1/2014||Q114||$0.26||($0.16)||$178.70 million||$181.60 million||View||Listen|
|2/21/2014||Q4||$0.51||$0.42||$219.10 million||$221.00 million||View||Listen|
|10/29/2013||Q313||$0.30||$0.21||$203.90 million||$204.40 million||View||Listen|
|7/30/2013||Q2 2013||$0.68||$0.84||$220.50 million||$209.90 million||View||Listen|
|4/25/2013||Q1 2013||$0.10||$0.09||$186.70 million||$183.50 million||View||Listen|
|2/21/2013||Q4 2012||$0.28||$0.34||$219.70 million||$219.10 million||View||Listen|
Earnings Estimates for Libbey (NYSEAMERICAN:LBY)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Libbey (NYSEAMERICAN:LBY)
|Payout Ratio:||-11.72% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Libbey (NYSEAMERICAN LBY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Libbey (NYSEAMERICAN LBY)
Insider Trades by Quarter for Libbey (NYSEAMERICAN LBY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/31/2017||Salvador Minarro||VP||Buy||10,000||$8.43||$84,300.00|| |
|5/18/2017||William A Foley||CEO||Buy||5,000||$8.13||$40,650.00|| |
|5/17/2017||James Charles Burmeister||CFO||Buy||3,000||$8.20||$24,600.00|| |
|5/12/2017||James Charles Burmeister||CFO||Buy||2,000||$8.66||$17,320.00|| |
|3/13/2017||William A Foley||CEO||Buy||5,000||$13.30||$66,500.00|| |
|3/9/2017||Ginger M Jones||Director||Buy||2,000||$13.48||$26,960.00|| |
|12/19/2016||Salvador Minarro||VP||Sell||2,882||$20.38||$58,735.16|| |
|8/8/2016||Timothy T Paige||VP||Sell||3,000||$18.03||$54,090.00|| |
|8/1/2016||Timothy T Paige||VP||Sell||2,293||$18.57||$42,581.01|| |
|7/19/2016||Timothy T Paige||VP||Sell||2,551||$17.50||$44,642.50|| |
|7/18/2016||Timothy T Paige||VP||Sell||200||$17.50||$3,500.00|| |
|6/1/2016||Timothy T Paige||VP||Sell||2,551||$17.50||$44,642.50|| |
|5/12/2016||Timothy T Paige||VP||Sell||12||$17.53||$210.36|| |
|5/4/2016||Salvador Minarro||VP||Sell||7,000||$17.59||$123,130.00|| |
|4/29/2016||Susan A Kovach||VP||Sell||3,110||$18.50||$57,535.00|| |
|4/28/2016||Susan A Kovach||VP||Sell||5,000||$18.50||$92,500.00|| |
|4/15/2016||Susan A Kovach||VP||Sell||5,000||$18.50||$92,500.00|| |
|3/10/2016||Timothy T Paige||VP||Sell||1,207||$17.42||$21,025.94|| |
|3/8/2016||Timothy T Paige||VP||Sell||2,632||$17.25||$45,402.00|| |
|3/4/2016||Susan A Kovach||VP||Sell||2,500||$16.95||$42,375.00|| |
|11/19/2015||Timothy T. Paige||VP||Sell||3,000||$25.21||$75,630.00|| |
|11/18/2015||Timothy T. Paige||VP||Sell||3,087||$25.21||$77,823.27|| |
|11/10/2015||Stephanie A. Streeter||CEO||Buy||2,500||$25.35||$63,375.00|| |
|3/13/2015||Susan A Kovach||VP||Sell||2,870||$36.85||$105,759.50|| |
|3/12/2015||Timothy T Paige||VP||Sell||1,000||$37.33||$37,330.00|| |
|3/11/2015||Timothy T Paige||VP||Sell||4,713||$37.00||$174,381.00|| |
|3/10/2015||Theo Killion||Director||Buy||1,000||$36.73||$36,730.00|| |
|3/10/2015||Timothy T Paige||VP||Sell||5,000||$37.00||$185,000.00|| |
|3/3/2015||Kenneth A Boerger||VP||Sell||4,834||$37.82||$182,821.88|| |
|12/26/2014||Daniel P Ibele||VP||Sell||3,790||$30.55||$115,784.50|| |
|12/24/2014||Daniel P Ibele||VP||Sell||5,000||$30.54||$152,700.00|| |
|12/23/2014||Daniel P Ibele||VP||Sell||5,000||$30.06||$150,300.00|| |
|12/22/2014||Daniel P Ibele||VP||Sell||5,000||$30.43||$152,150.00|| |
|12/19/2014||Daniel P Ibele||VP||Sell||5,000||$29.98||$149,900.00|| |
|12/18/2014||Daniel P Ibele||VP||Sell||5,000||$29.63||$148,150.00|| |
|12/17/2014||Daniel P Ibele||VP||Sell||5,000||$29.31||$146,550.00|| |
|12/16/2014||Daniel P Ibele||VP||Sell||5,000||$29.30||$146,500.00|| |
|12/15/2014||Daniel P Ibele||VP||Sell||5,000||$29.29||$146,450.00|| |
|12/2/2014||Carlos V Duno||Director||Sell||1,000||$29.47||$29,470.00|| |
|11/24/2014||Kenneth A Boerger||VP||Sell||4,446||$30.08||$133,735.68|| |
|11/20/2014||Ginger M Jones||Director||Buy||1,000||$28.94||$28,940.00|| |
|11/10/2014||Susan A Kovach||VP||Sell||11,000||$28.50||$313,500.00|| |
|6/17/2014||Daniel P Ibele||VP||Sell||2,520||$26.88||$67,737.60|| |
|6/16/2014||Daniel P Ibele||VP||Sell||5,000||$26.95||$134,750.00|| |
|6/6/2014||Daniel P Ibele||VP||Sell||3,480||$28.00||$97,440.00|| |
|6/5/2014||Kenneth A Boerger||VP||Sell||5,000||$27.80||$139,000.00|| |
|4/1/2014||Kenneth A Boerger||VP||Sell||5,000||$26.39||$131,950.00|| |
|3/18/2014||Timothy T Paige||VP||Sell||5,500||$25.70||$141,350.00|| |
|3/14/2014||Timothy T Paige||VP||Sell||5,000||$25.00||$125,000.00|| |
|3/13/2014||Daniel P Ibele||VP||Sell||5,000||$25.00||$125,000.00|| |
|3/4/2014||Timothy T Paige||VP||Sell||1,500||$24.29||$36,435.00|| |
|2/21/2014||Timothy T Paige||VP||Sell||5,000||$20.39||$101,950.00|| |
|12/2/2013||Timothy T Paige||VP||Sell||5,000||$22.80||$114,000.00|| |
|10/31/2013||Susan A Kovach||VP||Sell||5,420||$21.50||$116,530.00|| |
|8/29/2013||Carlos V Duno||Director||Sell||1,500||$23.83||$35,745.00|| |
|8/23/2013||Ginger M Jones||Director||Buy||1,000||$23.97||$23,970.00|| |
|5/21/2013||Kenneth A Boerger||VP||Sell||1,331||$21.55||$28,683.05|| |
Latest Headlines for Libbey (NYSEAMERICAN LBY)
Libbey (NYSEAMERICAN LBY) Chart for Tuesday, November, 21, 2017