O-I Glass, Inc. (OI)

NYSE: OI · IEX Real-Time Price · USD
16.73
-0.32 (-1.88%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-1.88%
Market Cap 2.60B
Revenue (ttm) 7.11B
Net Income (ttm) 560.00M
Shares Out 155.27M
EPS (ttm) 3.51
PE Ratio 4.77
Forward PE 6.01
Dividend n/a
Ex-Dividend Date n/a
Volume 1,538,253
Open 17.26
Previous Close 17.05
Day's Range 16.69 - 17.35
52-Week Range 12.68 - 23.57
Beta 1.38
Analysts Buy
Price Target 25.22 (+50.75%)
Earnings Date Oct 31, 2023

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 24,000
Stock Exchange NYSE
Ticker Symbol OI
Full Company Profile

Financial Performance

In 2022, O-I Glass's revenue was $6.86 billion, an increase of 7.85% compared to the previous year's $6.36 billion. Earnings were $584.00 million, an increase of 291.95%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for OI stock is "Buy." The 12-month stock price forecast is $25.22, which is an increase of 50.75% from the latest price.

Price Target
$25.22
(50.75% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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

2 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...

3 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...

3 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...

4 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 ...

4 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...

4 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...

5 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...

5 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. ...

5 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 ...

5 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

5 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...

6 months 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
6 months 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...

6 months 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...

6 months ago - GlobeNewsWire

O-I Glass CFO to Present at BofA Securities 2023 Global Agriculture and Materials Conference

PERRYSBURG, Ohio, Feb. 21, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

7 months ago - GlobeNewsWire

Top Trades of David Abrams' Firm in the 4th Quarter

David Abrams (Trades, Portfolio), founder of Abrams Capital Management, disclosed in a regulatory portfolio update filing that his firm's top trades during the fourth quarter included the transfer of ...

Other symbols: KMIMETATDGTEVAUHAL
8 months ago - GuruFocus

Stocks This Week: Buy Owens Illinois And Terex

The S&P 400 mid cap average has been a leader since the October low. Here are a pair of stocks that are due to be leaders.

Other symbols: TEX
8 months ago - Forbes

O-I Glass Reports Full Year and Fourth Quarter 2022 Results

Results Exceeded Management Guidance; Achieved All 2022 Commitments and Key Strategic Objectives; Expect Continued Performance Improvement in 2023 Results Exceeded Management Guidance; Achieved All 20...

8 months ago - GlobeNewsWire

Update: O-I PROVIDES INSIDE LOOK AT TRANFORMATIONAL MAGMA GLASS TECHNOLOGY

Perrysburg, OH, Jan. 26, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (January 26, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) today released a video ( https://youtu.be/jajQKkzcD_I) offering a first ...

8 months ago - GlobeNewsWire

O-I PROVIDES INSIDE LOOK AT TRANFORMATIONAL MAGMA GLASS TECHNOLOGY

Perrysburg, OH, Jan. 26, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (January 26, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) today released a video ( https://youtu.be/jajQKkzcD_I) offering a first ...

8 months ago - GlobeNewsWire

O-I Glass Announces Full Year and Fourth Quarter 2022 Earnings Conference Call and Webcast

PERRYSBURG, Ohio, Jan. 04, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

9 months ago - GlobeNewsWire

O-I Glass CEO and CFO to Present at Citi's 2022 Basic Materials Conference

PERRYSBURG, Ohio, Nov. 22, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

11 months ago - GlobeNewsWire

O-I Glass Names Global Treasurer

PERRYSBURG, Ohio, Nov. 03, 2022 (GLOBE NEWSWIRE) --   O-I Glass, Inc. (NYSE: O-I) today announced Meena Dafesh has been named Vice President and Global Treasurer for the company, managing the company'...

11 months ago - GlobeNewsWire