Orion (OEC) Stock Forecast, Price & News

3 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" OEC shares.
View OEC analyst ratings or view top-rated stocks.

3 brokerages have issued 1-year target prices for Orion's stock. Their OEC share price forecasts range from $21.00 to $35.00. On average, they anticipate the company's share price to reach $26.50 in the next year. This suggests a possible upside of 22.3% 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 at the beginning of 2023. Since then, OEC stock has increased by 21.7% and is now trading at $21.67.
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Orion saw a increase in short interest in August. As of August 15th, there was short interest totaling 599,000 shares, an increase of 23.5% from the July 31st total of 485,200 shares. Based on an average trading volume of 371,700 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.1% of the shares of the stock are short sold.
View Orion's Short Interest.

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) issued 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 analysts' expectations of $501.83 million. Orion had a net margin of 5.92% and a trailing twelve-month return on equity of 27.96%. The firm's quarterly revenue was down 15.2% on a year-over-year basis. During the same period last year, the company earned $0.58 earnings per share.

Orion declared a quarterly dividend on Thursday, June 8th. Stockholders of record on Friday, September 15th will be given a dividend of $0.021 per share on Thursday, October 5th. This represents a $0.08 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Thursday, September 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 0.37%. 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 updated 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."

Orion's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.65%), Pzena Investment Management LLC (5.29%), Inherent Group LP (4.70%), William Blair Investment Management LLC (3.97%), Minneapolis Portfolio Management Group LLC (3.18%) and Dimensional Fund Advisors LP (2.54%). Insiders that own company stock include Carlos Quinones, Corning F Painter, Dan F Smith, Hans Dietrich Winkhaus, Jeffrey Glajch, Kerry A Galvin, Mary A Lindsey and Robert G Hrivnak.
View institutional ownership trends.

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 $21.67.

Orion (NYSE:OEC) has a market capitalization of $1.27 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.