Orion (OEC) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orion in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OEC shares.
View OEC analyst ratings or view top-rated stocks.

3 brokerages have issued 1-year price targets for Orion's stock. Their OEC share price forecasts range from $21.00 to $35.00. On average, they expect the company's share price to reach $26.50 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for OEC or view top-rated stocks among Wall Street analysts.

Orion's stock was trading at $17.81 on January 1st, 2023. Since then, OEC shares have increased by 15.7% and is now trading at $20.60.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our OEC earnings forecast.

Orion S.A. (NYSE:OEC) announced its earnings results on Wednesday, August, 9th. The specialty chemicals company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.59 by $0.06. The specialty chemicals company earned $458.80 million during the quarter, compared to analyst estimates of $501.83 million. Orion had a net margin of 5.92% and a trailing twelve-month return on equity of 27.96%. The company's revenue was down 15.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 EPS.

Orion declared a quarterly dividend on Thursday, September 21st. Stockholders of record on Friday, December 15th will be given a dividend of $0.021 per share on Wednesday, January 17th. This represents a $0.08 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for OEC.

Invesco Dorsey Wright Basic Materials Momentum ETF holds 88,812 shares of OEC stock, representing 1.23% of its portfolio.

Orion (NYSE:OEC) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.39%. The dividend payout ratio is 4.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OEC will have a dividend payout ratio of 3.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OEC.

Orion issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $2.00-$2.25 for the period, compared to the consensus estimate of $2.36. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Orion investors own include NVIDIA (NVDA), Boeing (BA), Main Street Capital (MAIN), Overstock.com (OSTK), QUALCOMM (QCOM), Enphase Energy (ENPH), Pure Storage (PSTG), Riot Platforms (RIOT), Twilio (TWLO) and General Motors (GM).

Orion trades on the New York Stock Exchange (NYSE) under the ticker symbol "OEC."

Shares of OEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OEC stock can currently be purchased for approximately $20.60.

Orion (NYSE:OEC) has a market capitalization of $1.20 billion and generates $2.03 billion in revenue each year. The specialty chemicals company earns $106.20 million in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 1,600 workers across the globe.

Orion's mailing address is 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX, 77345. The official website for the company is www.orioncarbons.com. The specialty chemicals company can be reached via phone at (352) 704-8060 or via email at investor-relations@orioncarbons.com.