Orion Engineered Carbons - OEC Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orion Engineered Carbons in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OEC shares.
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2 analysts have issued twelve-month target prices for Orion Engineered Carbons' stock. Their OEC share price forecasts range from $16.00 to $28.00. On average, they expect the company's share price to reach $22.67 in the next twelve months. This suggests a possible upside of 55.3% from the stock's current price.
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Orion Engineered Carbons' stock was trading at $18.36 at the beginning of 2022. Since then, OEC stock has decreased by 20.5% and is now trading at $14.60.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Orion Engineered Carbons S.A. (NYSE:OEC) announced its quarterly earnings results on Thursday, August, 4th. The specialty chemicals company reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by $0.07. The specialty chemicals company earned $541.20 million during the quarter, compared to the consensus estimate of $496.76 million. Orion Engineered Carbons had a net margin of 4.65% and a trailing twelve-month return on equity of 30.65%. Orion Engineered Carbons's quarterly revenue was up 35.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 EPS.

Orion Engineered Carbons declared a quarterly dividend on Thursday, June 30th. Investors of record on Wednesday, September 21st will be paid a dividend of $0.021 per share on Tuesday, October 4th. This represents a $0.08 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Tuesday, September 20th.
Read our dividend analysis for OEC.

Orion Engineered Carbons (NYSE:OEC) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.56%. The dividend payout ratio is 5.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OEC will have a dividend payout ratio of 3.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OEC.

Orion Engineered Carbons updated its FY 2022 earnings guidance on Thursday, September, 1st. The company provided earnings per share (EPS) guidance of $2.00-$2.35 for the period, compared to the consensus EPS estimate of $2.29. The company issued revenue guidance of -.

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

Orion Engineered Carbons' stock is owned by a number of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (7.00%), William Blair Investment Management LLC (6.37%), Pzena Investment Management LLC (6.16%), Inherent Group LP (4.50%), Minneapolis Portfolio Management Group LLC (3.40%) and Renaissance Technologies LLC (2.57%). Insiders that own company stock include Carlos Quinones, Corning F Painter, Dan F Smith, Hans Dietrich Winkhaus, Isfort Andre Schulze, Jeffrey Glajch, Kerry A Galvin, Lorin Crenshaw, Mary A Lindsey, Michael Reers, Patrick F Tuttle, Robert G Hrivnak and Stinson Terry.
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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 $14.60.

Orion Engineered Carbons (NYSE:OEC) has a market capitalization of $887.83 million and generates $1.55 billion in revenue each year. The specialty chemicals company earns $134.70 million in net income (profit) each year or $1.38 on an earnings per share basis.

The company employs 1,475 workers across the globe.

Orion Engineered Carbons' 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 (281) 318-2959 or via email at investor-relations@orioncarbons.com.