O-I Glass, Inc. (OI)

NYSE: OI · IEX Real-Time Price · USD
11.36
+0.20 (1.79%)
Jul 12, 2024, 4:00 PM EDT - Market closed
1.79%
Market Cap 1.77B
Revenue (ttm) 6.87B
Net Income (ttm) -237.00M
Shares Out 155.72M
EPS (ttm) -1.52
PE Ratio n/a
Forward PE 6.52
Dividend n/a
Ex-Dividend Date n/a
Volume 950,291
Open 11.30
Previous Close 11.16
Day's Range 11.22 - 11.49
52-Week Range 10.08 - 23.57
Beta 1.25
Analysts Buy
Price Target 18.50 (+62.85%)
Earnings Date Jul 30, 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 8 analysts, the average rating for OI stock is "Buy." The 12-month stock price forecast is $18.5, which is an increase of 62.85% from the latest price.

Price Target
$18.5
(62.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

O-I Glass Announces Second Quarter 2024 Earnings Conference Call and Webcast

PERRYSBURG, Ohio, July 03, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2024 conference call and webcast for Wednesday, July 31, 2024, at 8 a.m. EDT. The Compan...

11 days ago - GlobeNewsWire

O-I Glass Plans Technology & Sustainability Transformation of its Alloa, UK Plant

Perrysburg, Ohio, July 02, 2024 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (“O-I Glass” or “O-I”) plans a major transformation of its Alloa, UK manufacturing plant into an even more technologically advanced...

12 days ago - GlobeNewsWire

Innovation Drives O-I Sustainability Progress

Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious...

17 days ago - GlobeNewsWire

O-I GLASS AND GRIDBEYOND ESTABLISH INNOVATIVE BATTERY STORAGE SYSTEM IN ALLOA, UK

Energy storage system at O-I's Alloa, UK, plant helps balance the grid, reduces peak load, optimizes the use of renewable electricity, and increases O-I's resilience against brownouts Energy storage s...

19 days ago - GlobeNewsWire

O-I Glass to Invest $65 Million in Electrification and Decarbonization in Veauche, France

PERRYSBURG, OH/VEAUCHE, FRANCE, June 18, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) plans to invest approximately $65 Million into the electrification and decarbonization of its p...

26 days ago - GlobeNewsWire

O-I GLASS TRANSFORMS PROCESSING OF RECYCLED GLASS WITH INNOVATIVE MOBILE SYSTEM

Perrysburg, Ohio, June 06, 2024 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (“O-I Glass” or “O-I” has completed the development and testing of a transformative, low-cost mobile glass processing machine that ...

5 weeks ago - GlobeNewsWire

OI European Group B.V. Announces Results of Cash Tender Offer for Any and All of its Outstanding 2.875% Senior Notes due 2025

PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 24, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that OI European Group B.V. (“OIEG”, “w...

7 weeks ago - GlobeNewsWire

Top 3 Materials Stocks That Are Set To Fly This Quarter - O-I Glass (NYSE:OI)

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

Other symbols: JHXTG
7 weeks ago - Benzinga

Owens-Brockway Glass Container Inc. Announces Pricing of Senior Notes Offering

PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiar...

7 weeks ago - GlobeNewsWire

Owens-Brockway Glass Container Inc. Launches $300 Million Senior Notes Offering

PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiar...

7 weeks ago - GlobeNewsWire

OI European Group B.V. Announces Upsizing and Pricing of Senior Notes Offering

FOR IMMEDIATE RELEASE PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (the “Company”) announced that OI European Group B.V. (“OIEG”), an indirect wholly ...

2 months ago - GlobeNewsWire

OI European Group B.V. Launches €400 Million Senior Notes Offering

FOR IMMEDIATE RELEASE OI European Group B.V. Launches €400 Million Senior Notes Offering PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (the “Company”) ...

2 months ago - GlobeNewsWire

OI EUROPEAN GROUP B.V. OFFER TO PURCHASE FOR CASH ANY AND ALL 2.875% SENIOR NOTES DUE 2025

FOR IMMEDIATE RELEASE OI EUROPEAN GROUP B.V. OFFER TO PURCHASE FOR CASH ANY AND ALL 2.875% SENIOR NOTES DUE 2025 PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) --  O-I Gla...

2 months ago - GlobeNewsWire

O-I Glass Appoints John Humphrey as Independent Board Chair

PERRYSBURG, Ohio, May 15, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I”) (NYSE: OI) today announced that, after the conclusion of O-I's Annual Meeting of Share Owners held earlier today, the Board a...

2 months ago - GlobeNewsWire

O-I Glass Completes Full Allocation for Second Round of Green Bond Offerings

Perrysburg, Ohio, May 13, 2024 (GLOBE NEWSWIRE) --  – O-I Glass, Inc. (“O-I Glass”, “O-I” or the “Company”) announced today that the Company has completed full allocation of the proceeds from its seco...

2 months ago - GlobeNewsWire

O-I GLASS REPORTS FIRST QUARTER 2024 RESULTS

Executing Well as Markets Begin to Recover; First MAGMA Greenfield to Start Up Summer 2024; Revising Guidance to Account for Softer Consumer Consumption Executing Well as Markets Begin to Recover; Fir...

2 months ago - GlobeNewsWire

O-I Glass Sustainably Transformed and Expanded Zipaquira, Colombia, Plant

PERRYSBURG, OH/ZIPAQUIRA, COLOMBIA, April 17, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) recently completed a major transformation of its Zipaquira, Colombia manufacturing site in...

3 months ago - GlobeNewsWire

O-I PACKAGING SOLUTIONS AND REVINO ROLL OUT RETURNABLE, REUSABLE GLASS WINE BOTTLES TO PACIFIC NORTHWEST

PERRYSBURG, Ohio and NEWBERG, Oregon,, April 16, 2024 (GLOBE NEWSWIRE) --  O-I Packaging Solutions (“O-IPS”), along with Revino, announce the introduction of returnable, reusable glass wine bottles to...

3 months ago - GlobeNewsWire

O-I Glass Drinktainer Enters RTD Market

Perrysburg, Ohio, April 09, 2024 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (“O-I Glass” or “O-I”), along with F.X. Matt and Right Coast Spirits have announced that Right Coast Spirits Italian Ice will beco...

3 months ago - GlobeNewsWire

O-I Glass Appoints Gordon Hardie as Chief Executive Officer

Gordon Brings Over 35 Years of Global Leadership Experience Advancing Strategy and Innovation Company Nominates Two New Independent Directors and Announces Retirement of Board Chair PERRYSBURG, Ohio, ...

3 months ago - GlobeNewsWire

O-I Glass Announces First Quarter 2024 Earnings Conference Call and Webcast

PERRYSBURG, Ohio, April 03, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2024 conference call and webcast for Wednesday, May 1, 2024, at 8 a.m. EDT. The Company'...

3 months ago - GlobeNewsWire

O-I GLASS JOINS SUSTAINABLE WINE ROUNDTABLE TO ADVISE AND ADVANCE GLOBAL WINE SUSTAINABILITY

Perrysburg, Ohio, March 26, 2024 (GLOBE NEWSWIRE) --  – O-I Glass, Inc. (“O-I Glass” or “O-I”) announced today that the company will join a global collaborative platform to advance sustainability acro...

3 months ago - GlobeNewsWire

O-I Glass Selected by US Department of Energy to Receive $125 M Investment to Accelerate Industrial Decarbonization Technologies

Perrysburg, Ohio, March 25, 2024 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (“O-I Glass” or “O-I”) was selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award ne...

3 months ago - GlobeNewsWire

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...

4 months 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...

5 months ago - GlobeNewsWire