O-I Glass, Inc. (OI)

NYSE: OI · IEX Real-Time Price · USD
14.91
+0.09 (0.64%)
Apr 23, 2024, 9:45 AM EDT - Market open
0.64%
Market Cap 2.29B
Revenue (ttm) 7.11B
Net Income (ttm) -103.00M
Shares Out 153.67M
EPS (ttm) -0.67
PE Ratio n/a
Forward PE 6.03
Dividend n/a
Ex-Dividend Date n/a
Volume 34,747
Open 14.71
Previous Close 14.81
Day's Range 14.71 - 14.91
52-Week Range 13.56 - 23.57
Beta 1.35
Analysts Buy
Price Target 23.14 (+55.25%)
Earnings Date Apr 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 $23.14, which is an increase of 55.25% from the latest price.

Price Target
$23.14
(55.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days 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...

6 days 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...

13 days 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, ...

19 days 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'...

19 days 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...

4 weeks 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...

4 weeks 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...

6 weeks 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

3 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.

5 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...

6 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
6 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...

7 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

9 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...

10 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...

11 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...

11 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 ...

11 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...

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire