Q3 Earnings Estimate for Olin Issued By KeyCorp (NYSE:OLN)

Key Points

• KeyCorp expects Olin to earn $0.06 per share in Q3 2026, while forecasting a $0.20-per-share loss in Q4 2026 and $1.35 EPS for fiscal 2028.
• Olin’s latest quarter fell short of expectations, reporting a $0.12-per-share loss versus the $0.13 consensus estimate, with revenue of $1.74 billion below the $1.81 billion forecast.
• Analyst sentiment remains cautious, with Olin carrying a consensus “Reduce” rating and a $22.62 average price target; the stock recently traded at $17.27, while its quarterly dividend implies a 4.6% yield.

Olin Corporation (NYSE:OLN - Free Report) - Equities research analysts at KeyCorp issued their Q3 2026 earnings estimates for shares of Olin in a research report issued to clients and investors on Thursday, September 10th. KeyCorp analyst S. Tiano anticipates that the specialty chemicals company will post earnings per share of $0.06 for the quarter. The consensus estimate for Olin's current full-year earnings is ($0.68) per share. KeyCorp also issued estimates for Olin's Q4 2026 earnings at ($0.20) EPS and FY2028 earnings at $1.35 EPS.

Olin (NYSE:OLN - Get Free Report) last released its earnings results on Thursday, July 30th. The specialty chemicals company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.25). Olin had a negative return on equity of 4.76% and a negative net margin of 2.08%.The company had revenue of $1.74 billion during the quarter, compared to analysts' expectations of $1.81 billion. During the same period last year, the firm posted ($0.01) EPS. Olin's quarterly revenue was down .9% compared to the same quarter last year.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Olin from $26.00 to $25.00 and set a "neutral" rating for the company in a report on Thursday, June 18th. Mizuho raised their price target on Olin from $23.00 to $24.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Olin in a research note on Wednesday, August 19th. Royal Bank Of Canada decreased their price objective on Olin from $24.00 to $20.00 and set a "sector perform" rating on the stock in a report on Monday, August 3rd. Finally, Bank of America downgraded Olin from a "buy" rating to an "underperform" rating and lowered their target price for the company from $32.00 to $21.00 in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Olin currently has an average rating of "Reduce" and an average target price of $22.62.

Olin Stock Performance

OLN opened at $17.27 on Friday. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.87 and a current ratio of 1.42. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of -14.04 and a beta of 1.20. The company has a fifty day moving average of $19.57 and a 200 day moving average of $23.56. Olin has a fifty-two week low of $16.73 and a fifty-two week high of $30.46.

Institutional Investors Weigh In On Olin

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its stake in Olin by 20.2% in the first quarter. Royal Bank of Canada now owns 85,198 shares of the specialty chemicals company's stock worth $2,066,000 after acquiring an additional 14,344 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Olin in the 1st quarter valued at $32,000. Jones Financial Companies Lllp increased its holdings in shares of Olin by 467.9% in the 1st quarter. Jones Financial Companies Lllp now owns 13,805 shares of the specialty chemicals company's stock valued at $335,000 after acquiring an additional 11,374 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Olin by 57.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 588,602 shares of the specialty chemicals company's stock worth $14,268,000 after acquiring an additional 215,235 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Olin by 6.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 317,472 shares of the specialty chemicals company's stock worth $7,696,000 after acquiring an additional 20,047 shares in the last quarter. 88.67% of the stock is owned by institutional investors.

Olin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, August 27th. This represents a $0.80 dividend on an annualized basis and a yield of 4.6%. Olin's dividend payout ratio is -65.04%.

About Olin

Olin Corporation is a diversified manufacturer specializing in chemical products and ammunition. The company's core business activities encompass the production and distribution of chlor-alkali products, epoxy resins and derivatives, and small-caliber ammunition under the Winchester brand. Olin's chemical operations supply chlorine, caustic soda and related co-products to a wide range of end markets, including water treatment, pulp and paper, pharmaceuticals and general industrial applications.

In its Chlor Alkali Products & Vinyls segment, Olin operates multiple manufacturing facilities that produce chlorine and sodium hydroxide, along with vinyl chloride monomer and polyvinyl chloride (PVC) compounds.

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