Olin (OLN) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There are currently 2 sell ratings, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OLN shares.
View OLN analyst ratings or view top-rated stocks.

11 equities research analysts have issued 12-month price objectives for Olin's shares. Their OLN share price forecasts range from $50.00 to $90.00. On average, they anticipate the company's stock price to reach $67.67 in the next twelve months. This suggests a possible upside of 43.0% 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 on January 1st, 2023. Since then, OLN stock has decreased by 10.6% and is now trading at $47.32.
View the best growth stocks for 2023 here.

Olin saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,690,000 shares, an increase of 36.7% from the April 30th total of 2,700,000 shares. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.9% of the company's shares are sold short.
View Olin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our OLN earnings forecast.

Olin Co. (NYSE:OLN) announced its quarterly earnings data on Friday, April, 28th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.28 by $0.12. The specialty chemicals company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $2.05 billion. Olin had a net margin of 12.45% and a trailing twelve-month return on equity of 42.24%. The business's quarterly revenue was down 25.1% on a year-over-year basis. During the same period last year, the firm posted $2.48 earnings per share.

Olin announced a quarterly dividend on Thursday, April 27th. Stockholders of record on Thursday, May 11th will be paid a dividend of $0.20 per share on Friday, June 9th. This represents a $0.80 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Wednesday, May 10th.
Read our dividend analysis for OLN.

ETFs with the largest weight of Olin (NYSE:OLN) stock in their portfolio include Invesco DWA Basic Materials Momentum ETF (PYZ), First Trust Materials AlphaDEX Fund (FXZ), iShares Focused Value Factor ETF (FOVL), AXS Astoria Inflation Sensitive ETF (PPI), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Cambria Value and Momentum ETF (VAMO).

Olin (NYSE:OLN) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.58%. The dividend payout ratio is 10.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLN will have a dividend payout ratio of 10.81% 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.55%), FMR LLC (7.15%), Hotchkis & Wiley Capital Management LLC (4.18%), State Street Corp (3.97%), Dimensional Fund Advisors LP (2.64%) and Boston Partners (2.48%). Insiders that own company stock include 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, Scott Mcdougald Sutton, Teresa M Vermillion, Todd A Slater, Todd A Slater, Todd Foley, Valerie A Peters and W Anthony Will.
View institutional ownership trends.

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 $47.32.

Olin (NYSE:OLN) has a market capitalization of $6.12 billion and generates $8.76 billion in revenue each year. The specialty chemicals company earns $1.33 billion in net income (profit) each year or $7.53 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.