O-I Glass, Inc. (OI)

NYSE: OI · IEX Real-Time Price · USD
15.13
-0.43 (-2.76%)
Mar 18, 2024, 4:00 PM EDT - Market closed
-2.76%
Market Cap 2.33B
Revenue (ttm) 7.11B
Net Income (ttm) -103.00M
Shares Out 153.67M
EPS (ttm) -0.67
PE Ratio n/a
Forward PE 6.09
Dividend n/a
Ex-Dividend Date n/a
Volume 1,071,292
Open 15.44
Previous Close 15.56
Day's Range 15.07 - 15.56
52-Week Range 13.56 - 23.57
Beta 1.36
Analysts Buy
Price Target 24.00 (+58.63%)
Earnings Date Apr 23, 2024

About OI

O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its produc... [Read more]

Founded 1903
Employees 23,000
Stock Exchange NYSE
Ticker Symbol OI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for OI stock is "Buy." The 12-month stock price forecast is $24.0, which is an increase of 58.63% from the latest price.

Price Target
$24.0
(58.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

O-I Glass Announces CEO Andres Lopez to Retire

PERRYSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that Andres Lopez will retire as Chief Executive Officer, effective May 15, 20...

12 days ago - GlobeNewsWire

O-I GLASS TO PRESENT AT BofA SECURITIES 2024 GLOBAL AGRICULTURE AND MATERIALS CONFERENCE

PERRYSBURG, Ohio, Feb. 22, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced the Company will participate in BofA Securities 2024 Global Agriculture and Materials Confere...

25 days ago - GlobeNewsWire

RECORD INVESTMENT FOR O-I GLASS IN FRANCE: €95 MILLION TO UPGRADE PLANTS IN GIRONCOURT AND REIMS

Perrysburg / Vaulx-en-Velin , Feb. 20, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc (NYSE: OI) announced today the company is investing €95 million into two of its French glass packaging production facilit...

27 days ago - GlobeNewsWire

O-I ADVANCES LIGHTER WEIGHT, LOWER CARBON WINE BOTTLE IN FRANCE

Estampe, by O-I, weighs about 390g, well below the average of typical wine bottles in the French market  The Estampe bottle has a reduced carbon footprint – about 25% less carbon emissions compared to...

4 weeks ago - GlobeNewsWire

O-I Glass Reports Full Year and Fourth Quarter 2023 Results

Strong 2023 Performance Positions O-I Well for Volume Recovery; Transformative MAGMA Greenfield to be Deployed Mid-2024 Strong 2023 Performance Positions O-I Well for Volume Recovery; Transformative M...

5 weeks ago - GlobeNewsWire

O-I GLASS ANNOUNCES FULL YEAR AND FOURTH QUARTER 2023 EARNINGS CONFERENCE CALL AND WEBCAST

PERRYSBURG, Ohio, Jan. 11, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2023 conference call and webcast for Wednesday, February 7, 2024, at 8 a.m...

2 months ago - GlobeNewsWire

O-I Glass to Present at Citi's 2023 Basic Materials Conference

PERRYSBURG, Ohio, Nov. 15, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today announced the Company will participate in Citi's 2023 Basic Materials Conference on Wednesday, November 29, 2023.

4 months ago - GlobeNewsWire

O-I GLASS REPORTS THIRD QUARTER 2023 RESULTS

PERRYSBURG, Ohio, Oct. 31, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE                                  O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the third quarter end...

4 months ago - GlobeNewsWire

Top 5 Materials Stocks That Are Preparing To Pump In October - O-I Glass (NYSE:OI), Origin Mat (NASDAQ:ORGN)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: ORGNPRMSCLSXT
5 months ago - Benzinga

O-I Glass Announces Third Quarter 2023 Earnings Conference Call and Webcast

PERRYSBURG, Ohio, Sept. 28, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2023 conference call and webcast for Wednesday, November 1, 2023, at 8 a.m. EDT. The Com...

6 months ago - GlobeNewsWire

O-I Glass Reports Second Quarter 2023 Results

Strong Execution Drives Improved Operating Performance; Results Exceeded Management Guidance Strong Execution Drives Improved Operating Performance; Results Exceeded Management Guidance

8 months ago - GlobeNewsWire

O-I GLASS ANNOUNCES SECOND QUARTER 2023 EARNINGS CONFERENCE CALL AND WEBCAST

PERRYSBURG, Ohio, June 26, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2023 conference call and webcast for Wednesday, August 2, 2023, at 8 a.m. EDT. The Compa...

9 months ago - GlobeNewsWire

RECYCLING GROWTH FOR GLASS PACKAGING AMONG KEY INDICATORS HIGHLIGHTED IN O-I 2023 SUSTAINABILITY REPORT

Perrysburg, Ohio, June 15, 2023 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (“O-I Glass” or “O-I”) announced today that it has published its 2023 Sustainability Report. The content illustrates O-I's continue...

9 months ago - GlobeNewsWire

Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Results of Cash Tender Offers for Any and All of Certain Outstanding Senior Notes

PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 24, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that Owens-Brockway Glass Container Inc...

10 months ago - GlobeNewsWire

Owens-Brockway Glass Container Inc. Announces Pricing of Debt Tender Offer

PERRYSBURG, Ohio , May 23, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company” or “OI Glass”) announced today that Owens-Brockway Glass Container Inc., a Delaware ...

10 months ago - GlobeNewsWire

Owens-Brockway Glass Container Inc. Offer to Purchase for Cash Any and All 5.375% Senior Notes Due 2025

PERRYSBURG, Ohio, May 15, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (“OI Glass”), announced today that Owens-Brockway Glass Container Inc. (the “Company,” “we,” “us” an...

11 months ago - GlobeNewsWire

Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Upsizing and Pricing of Private Green Bond Offerings

PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 12, 2023 (GLOBE NEWSWIRE) -- F OR IMMEDIATE RELEASE Pricing of Dollar Notes Offering O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Gla...

11 months ago - GlobeNewsWire

Owens-Brockway Glass Container Inc. and OI European Group B.V. Launch Private Green Bond Offerings of $500 Million and €500 Million, Respectively

PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 11, 2023 (GLOBE NEWSWIRE) -- F OR IMMEDIATE RELEASE Offering of Dollar Notes O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Conta...

11 months ago - GlobeNewsWire

OWENS-BROCKWAY GLASS CONTAINER INC. OFFER TO PURCHASE FOR CASH ANY AND ALL 5.875% SENIOR NOTES DUE 2023 AND OI EUROPEAN GROUP B.V.

PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 11, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) ( “OI Glass”), announced today that Owens-Brockway Glass Container Inc. ...

11 months ago - GlobeNewsWire

O-I Glass Celebrates Contributions of Women in Innovation

Perrysburg, OH, April 26, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) joins the World Intellectual Property Organization in recognizing the vital role of innovators worldwide that ...

11 months ago - GlobeNewsWire

O-I Glass Reports First Quarter 2023 Results

Results Significantly Exceeded Management Guidance; Substantially Increased Full Year 2023 Outlook Results Significantly Exceeded Management Guidance; Substantially Increased Full Year 2023 Outlook

11 months ago - GlobeNewsWire

O-I Breaks Ground on First Purpose-Built Plant for Magma Technology

PERRYSBURG, OH, April 14, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (April 14, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) broke ground today for a state-of-the-art greenfield glass plant in Bowlin...

1 year ago - GlobeNewsWire

The 9 Best Materials Stocks to Buy Now

The short-term outlook for materials stocks is low, but these nine names could be diamonds in the rough.

Other symbols: ASHAVNTAVYCTVALINMLMMP
1 year ago - Kiplinger

O-I Glass Announces First Quarter 2023 Earnings Conference Call and Webcast

PERRYSBURG, Ohio, March 30, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2023 conference call and webcast for Wednesday, April 26, 2023, at 8 a.m. EDT. The Compa...

1 year ago - GlobeNewsWire

O-I Glass Advances Sustainability and Decarbonization of Plant in Vayres, France

Perrysburg, OH, March 30, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (March 30, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) completed a €50 million investment to advance the sustainability of its pl...

1 year ago - GlobeNewsWire