Orion Engineered Carbons - OEC Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orion Engineered Carbons in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OEC shares.
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1 brokers have issued 12-month price targets for Orion Engineered Carbons' stock. Their OEC share price forecasts range from $16.00 to $24.00. On average, they anticipate the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 5.9% 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 shares have increased by 2.8% and is now trading at $18.88.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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Orion Engineered Carbons S.A. (NYSE:OEC) released its quarterly earnings data on Thursday, November, 4th. The specialty chemicals company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. The specialty chemicals company had revenue of $393.07 million for the quarter, compared to analysts' expectations of $382.40 million. Orion Engineered Carbons had a net margin of 4.85% and a trailing twelve-month return on equity of 30.23%. Orion Engineered Carbons's revenue for the quarter was up 39.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.34 EPS.

Orion Engineered Carbons announced a quarterly dividend on Thursday, September 29th. Shareholders of record on Tuesday, January 3rd will be given a dividend of $0.021 per share on Tuesday, January 10th. This represents a $0.08 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Friday, December 30th.
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 0.45%. The dividend payout ratio is 5.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OEC will have a dividend payout ratio of 3.31% 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, November, 10th. The company provided EPS guidance of $1.75-$1.90 for the period, compared to the consensus earnings per share estimate of $2.18. 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 Pzena Investment Management LLC (7.46%), BlackRock Inc. (6.57%), Minneapolis Portfolio Management Group LLC (3.34%), Vanguard Group Inc. (2.46%), Renaissance Technologies LLC (2.30%) and State Street Corp (1.97%). 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 and Robert G Hrivnak.
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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 $18.88.

Orion Engineered Carbons (NYSE:OEC) has a market capitalization of $1.15 billion and generates $1.55 billion in revenue each year. The specialty chemicals company earns $134.70 million in net income (profit) each year or $1.55 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.