Olin (OLN) Expected to Announce Earnings on Thursday

Olin (NYSE:OLN - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect Olin to post earnings of ($0.07) per share and revenue of $1.58 billion for the quarter.

Olin (NYSE:OLN - Get Free Report) last issued its earnings results on Thursday, January 30th. The specialty chemicals company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.10. Olin had a net margin of 1.66% and a return on equity of 5.10%. On average, analysts expect Olin to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Olin Stock Up 0.7 %

NYSE:OLN traded up $0.16 during midday trading on Tuesday, hitting $22.03. 162,980 shares of the company were exchanged, compared to its average volume of 1,540,631. Olin has a fifty-two week low of $17.66 and a fifty-two week high of $57.10. The company has a market capitalization of $2.53 billion, a PE ratio of 24.48 and a beta of 1.50. The company has a current ratio of 1.27, a quick ratio of 0.77 and a debt-to-equity ratio of 1.32. The company has a fifty day simple moving average of $23.26 and a 200 day simple moving average of $32.18.

Olin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, March 6th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.63%. The ex-dividend date was Thursday, March 6th. Olin's payout ratio is currently 88.89%.

Insider Buying and Selling at Olin

In other Olin news, CEO Kenneth Todd Lane acquired 7,250 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was bought at an average cost of $28.06 per share, for a total transaction of $203,435.00. Following the completion of the purchase, the chief executive officer now directly owns 7,250 shares in the company, valued at $203,435. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on OLN shares. Piper Sandler decreased their price objective on Olin from $33.00 to $26.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Bank of America raised shares of Olin from a "neutral" rating to a "buy" rating and lowered their target price for the company from $48.00 to $40.00 in a report on Tuesday, January 14th. UBS Group dropped their target price on Olin from $34.00 to $21.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. KeyCorp dropped their price objective on Olin from $40.00 to $34.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, Citigroup lowered their price target on shares of Olin from $34.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Olin currently has an average rating of "Hold" and an average target price of $33.25.

Olin Company Profile

Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents.