Olin (OLN) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Olin in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OLN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLN, but not buy additional shares or sell existing shares.
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12 analysts have issued 1-year price objectives for Olin's shares. Their OLN share price forecasts range from $47.00 to $82.00. On average, they anticipate the company's share price to reach $62.38 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price.
View analysts price targets for OLN or view top-rated stocks among Wall Street analysts.

Olin's stock was trading at $52.94 at the start of the year. Since then, OLN shares have decreased by 11.9% and is now trading at $46.64.
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Olin saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,810,000 shares, an increase of 39.8% from the August 15th total of 3,440,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 3.8% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our OLN earnings forecast.

Olin Co. (NYSE:OLN) released its earnings results on Friday, July, 28th. The specialty chemicals company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.09. The specialty chemicals company had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.86 billion. Olin had a net margin of 10.39% and a trailing twelve-month return on equity of 32.28%. The company's revenue was down 34.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.76 earnings per share.

Olin declared a quarterly dividend on Thursday, July 27th. Shareholders of record on Thursday, August 10th will be given a dividend of $0.20 per share on Friday, September 8th. This represents a $0.80 annualized dividend and a yield of 1.72%. The ex-dividend date is Wednesday, August 9th.
Read our dividend analysis for OLN.

ETFs with the largest weight of Olin (NYSE:OLN) stock in their portfolio include Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), First Trust Materials AlphaDEX Fund (FXZ), Inspire Faithward Mid Cap Momentum ETF (GLRY), AXS Astoria Inflation Sensitive ETF (PPI), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Invesco S&P MidCap Quality ETF (XMHQ), Invesco S&P MidCap Value with Momentum ETF (XMVM) and Distillate Small/Mid Cash Flow ETF (DSMC).

Olin (NYSE:OLN) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.72%. The dividend payout ratio is 13.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLN will have a dividend payout ratio of 13.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OLN.

53 employees have rated Olin Chief Executive Officer Joseph D. Rupp on Glassdoor.com. Joseph D. Rupp has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Olin investors own include AT&T (T), Exxon Mobil (XOM), CVS Health (CVS), AbbVie (ABBV), Pfizer (PFE), General Electric (GE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Walt Disney (DIS) and Intel (INTC).

Olin trades on the New York Stock Exchange (NYSE) under the ticker symbol "OLN."

Olin's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.42%), Hotchkis & Wiley Capital Management LLC (4.31%), State Street Corp (3.95%), Yacktman Asset Management LP (3.43%), Capital International Investors (2.83%) and Dimensional Fund Advisors LP (2.63%). Insiders that own company stock include Brett A Flaugher, Brett A Flaugher, C Robert Bunch, Damian Gumpel, Gray G Benoist, Heidi S Alderman, Impact Fund (Cayman) Oncology, James A Varilek, James A Varilek, John Mb Oconnor, Pat D Dawson, R Nichole Sumner, Scott D Ferguson, Teresa M Vermillion, Todd A Slater, Todd A Slater, Todd Foley, Valerie A Peters and W Anthony Will.
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Shares of OLN 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 OLN stock can currently be purchased for approximately $46.64.

Olin (NYSE:OLN) has a market capitalization of $5.87 billion and generates $9.38 billion in revenue each year. The specialty chemicals company earns $1.33 billion in net income (profit) each year or $5.90 on an earnings per share basis.

The company employs 7,780 workers across the globe.

Olin's mailing address is 190 CARONDELET PLAZA SUITE 1530, CLAYTON MO, 63105. The official website for the company is www.olin.com. The specialty chemicals company can be reached via phone at (844) 238-3445 or via email at investorrelations@olin.com.