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O-I Glass, Inc. (OI)

Consumer Cyclical | Packaging & Containers | Perrysburg, United States | NYSE
9.60 USD -0.08 (-0.826%) ⇩ (July 13, 2026, 4:02 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:49 a.m. EDT

The investment case for O-I Glass is currently broken by deteriorating fundamentals and a lack of capital structure support. The company is generating negative earnings and negative return on equity, while revenue is shrinking. Although the stock trades at a low forward P/E, this is a value trap driven by poor profitability rather than a bargain price for a quality business. The balance sheet is fragile, with debt significantly outweighing equity, leaving little room for error in a cyclical downturn. Furthermore, the company has suspended its dividend, removing a key income component for investors. While the stock is down significantly from its highs, the recent price action shows no clear reversal pattern, and the statistical forecast offers no directional edge. The heavy put activity in the options chain confirms that market participants are wary of further declines. Until the company demonstrates a path to profitability and stabilizes its balance sheet, the outlook remains bearish.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.163325
AutoETS0.164432
AutoTheta0.167911
MSTL0.168854

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 42%
H-stat 2.17
Ljung-Box p 0.000
Jarque-Bera p 0.269
Excess Kurtosis 0.40
Attribute Value
Sector Consumer Cyclical
Ex Dividend Date 2020-02-26
Last Dividend Date 2020-02-26
Debt to Equity Ratio 346.369
Revenue per Share 41.743
Market Cap 1,471,675,904
Forward P/E 5.09
Beta 0.63
Profit Margins -2.91%
Website https://www.o-i.com

As of July 11, 2026, 6:49 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly in the August and December expirations where out-of-the-money puts dominate open interest. This suggests a fear of further downside or a lack of conviction in a recovery, despite the stock trading near its 52-week lows.


Dividend Data

Dividend History
Date Dividend Yield %
2020-02-27 0.05 0.438212
2019-11-27 0.05 0.517598
2019-08-29 0.05 0.502513
2019-05-30 0.05 0.305998
2019-01-18 0.05 0.256542
Additional Data
exDividendDate 2020-02-27
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.05
lastDividendDate 2020-02-27
dividendDate 2020-03-16

Info Dump

Attribute Value
52 Week Change -0.33471936
Address1 One Michael Owens Way
All Time High 60.6
All Time Low 2.5
Ask 15.0
Ask Size 1,500
Audit Risk 2
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 2,102,800
Average Daily Volume3 Month 2,856,259
Average Volume 2,856,259
Average Volume10Days 2,102,800
Beta 0.625
Bid 9.55
Bid Size 400
Board Risk 1
Book Value 8.324
City Perrysburg
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.6
Current Ratio 1.259
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 9.95
Day Low 9.42
Debt To Equity 346.369
Display Name O-I Glass
Dividend Date 1,584,316,800
Earnings Call Timestamp End 1,785,355,200
Earnings Call Timestamp Start 1,785,355,200
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,785,268,800
Earnings Timestamp Start 1,785,268,800
Ebitda 953,000,000
Ebitda Margins 0.14893
Enterprise To Ebitda 6.58
Enterprise To Revenue 0.98
Enterprise Value 6,270,675,968
Eps Current Year 1.16741
Eps Forward 1.88496
Eps Trailing Twelve Months -1.22
Esg Populated 0
Ex Dividend Date 1,582,761,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.011
Fifty Day Average Change 0.5890007
Fifty Day Average Change Percent 0.06536464
Fifty Two Week Change Percent -33.471935
Fifty Two Week High 16.91
Fifty Two Week High Change -7.3099995
Fifty Two Week High Change Percent -0.43228856
Fifty Two Week Low 7.75
Fifty Two Week Low Change 1.8500004
Fifty Two Week Low Change Percent 0.23870973
Fifty Two Week Range 7.75 - 16.91
Financial Currency USD
First Trade Date Milliseconds 692,461,800,000
Float Shares 149,954,567
Forward Eps 1.88496
Forward P E 5.0929465
Free Cashflow 127,875,000
Full Exchange Name NYSE
Full Time Employees 19,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.16065
Gross Profits 1,028,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.013099999
Held Percent Institutions 1.03972
Implied Shares Outstanding 153,299,563
Industry Packaging & Containers
Industry Disp Packaging & Containers
Industry Key packaging-containers
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,582,761,600
Last Dividend Value 0.05
Last Fiscal Year End 1,767,139,200
Long Business Summary O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers 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, teas, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was formerly known as Owens-Illinois, Inc. and changed its name to O-I Glass, Inc. in December 2019. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.
Long Name O-I Glass, Inc.
Market us_market
Market Cap 1,471,675,904
Market State PRE
Max Age 86,400
Message Board Id finmb_32583
Most Recent Quarter 1,774,915,200
Net Income To Common -186,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,471,675,804
Number Of Analyst Opinions 9
Open 9.75
Operating Cashflow 477,000,000
Operating Margins 0.05649
Overall Risk 2
Payout Ratio 0.0
Peg Ratio 0.35
Phone 567 336 5000
Pre Market Change -0.27000046
Pre Market Change Percent -2.8125048
Pre Market Price 9.33
Pre Market Time 1,784,028,861
Previous Close 9.68
Price Eps Current Year 8.223332
Price Hint 2
Price To Book 1.1532917
Price To Sales Trailing12 Months 0.2299853
Profit Margins -0.029070001
Quick Ratio 0.592
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change -0.0799999
Regular Market Change Percent -0.826446
Regular Market Day High 9.95
Regular Market Day Low 9.42
Regular Market Day Range 9.42 - 9.95
Regular Market Open 9.75
Regular Market Previous Close 9.68
Regular Market Price 9.6
Regular Market Time 1,783,972,956
Regular Market Volume 1,949,120
Return On Assets 0.03776
Return On Equity -0.12085
Revenue Growth -0.017
Revenue Per Share 41.743
Sand P52 Week Change 0.20365608
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 4
Shares Outstanding 153,299,563
Shares Percent Shares Out 0.060900003
Shares Short 9,337,879
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 9,003,249
Short Name O-I Glass, Inc.
Short Percent Of Float 0.0853
Short Ratio 2.89
Source Interval 15
State OH
Symbol OI
Target High Price 15.0
Target Low Price 10.0
Target Mean Price 12.88889
Target Median Price 13.0
Total Cash 317,000,000
Total Cash Per Share 2.068
Total Debt 4,960,000,000
Total Revenue 6,399,000,064
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.22
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.06095
Two Hundred Day Average Change -2.46095
Two Hundred Day Average Change Percent -0.20404279
Type Disp Equity
Volume 1,949,120
Website https://www.o-i.com
Zip 43,551