About Olin Corporation
Olin Corporation is a manufacturer and distributor of chemical products, and ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a range of epoxy materials, including allyl chloride, epichlorohydrin, liquid epoxy resins and downstream products, such as converted epoxy resins and additives. The Epoxy segment serves an array of applications, including wind energy, electrical laminates and consumer goods. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Sub-Industry: Diversified Chemicals
- Exchange: NYSE
- Symbol: OLN
- CUSIP: 68066520
- Previous Close: $31.90
- 50 Day Moving Average: $28.46
- 200 Day Moving Average: $23.96
- 52-Week Range: $14.47 - $32.50
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.34
- P/E Growth: 0.89
- Market Cap: $5.19B
- Outstanding Shares: 165,399,000
- Beta: 1.32
- Net Margins: -0.07%
- Return on Equity: 7.56%
- Return on Assets: 1.98%
Companies Related to Olin Corporation:
- Debt-to-Equity Ratio: 1.56%
- Current Ratio: 1.68%
- Quick Ratio: 0.99%
What is Olin Corporation's stock symbol?
Olin Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "OLN."
How often does Olin Corporation pay dividends? What is the dividend yield for Olin Corporation?
Olin Corporation announced a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, February 10th will be given a dividend of $0.20 per share on Friday, March 10th. This represents a $0.80 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Wednesday, February 8th.
Where is Olin Corporation's stock going? Where will Olin Corporation's stock price be in 2017?
7 brokers have issued 12 month target prices for Olin Corporation's shares. Their forecasts range from $17.00 to $37.00. On average, they anticipate Olin Corporation's stock price to reach $26.17 in the next year.
When will Olin Corporation announce their earnings?
Olin Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Olin Corporation stock?
Here are some recent quotes from research analysts about Olin Corporation stock:
According to Zacks Investment Research, "Olin Corporation is a manufacturer concentrated in chemicals, metals and ammunition. The chemicals segment is divided into divisions: Chlor-Alkali, Chemicals and Microelectronic Materials. Chlor-alkali includes chlor-alkali products, sodium hydrosulfite and high strength bleach products. Chemicals includes pool chemicals, biocides, hydrazine, polyols, propylene glycols and surfactants and fluids. Microelectronic Materials includes image-forming and electronic interconnect materials and services. The metals and ammunition segment produces copper alloy sheet, strip, rod, wire, and ammunition. " (1/13/2017)
Longbow Research analysts commented, "[W]e see risk of underperformance in 3Q16 and lower guidance for 4Q16, as well as at least a year's delay in realizing mid-cycle profitability levels, which we now expect to be achieved no sooner than 2020," analyst Dmitry Silversteyn wrote in a note.The analyst sees third-quarter results to the bottom of management's EBITDA and EPS range, or $220 million and $0.34 (excluding special items) respectively, implying a miss versus consensus expectations. The fourth-quarter guidance also likely to fall short of Street forecasts.Silversteyn sees a high likelihood of fourth-quarter guidance being lowered toward the bottom of or below the current annual EBITDA range of $840 million–$900 million.Related Link: Olin Declares 359th Consecutive Quarterly DividendThe analyst noted that the July chlor-alkali industry utilization rate of 87 percent comes in significantly below the 90 percent from last year, "suggesting peak rates are still insufficient to drive sustainable price increases in ECU." This puts management's 2016 EBITDA guidance at risk.Olin derives 54 percent of its sales from the chlor-alkali products and vinyls division, while 33 percent of corporate sales are represented by the epoxy division."[W]e see risk to two thirds of OLN's portfolio, with potential negatives from EDC and other chloro-organics, lower demand and prices for HCl and lower bleach sales adding to potential miss probability," (9/7/2016)
Who owns Olin Corporation stock?
Olin Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (5.03%), Iridian Asset Management LLC CT (4.31%), FMR LLC (4.09%), Dimensional Fund Advisors LP (4.03%), Stelliam Investment Management LP (1.28%) and Prudential PLC (0.78%). Company insiders that own Olin Corporation stock include C Robert Bunch, Donald W Bogus, Frank W Chirumbole, George H Pain, Gray G Benoist, James A Varilek, John E Fischer, John L Mcintosh, John Maurice Sampson, Joseph D Rupp, Pat D Dawson and Randall W Larrimore.
Who sold Olin Corporation stock? Who is selling Olin Corporation stock?
Olin Corporation's stock was sold by a variety of institutional investors in the last quarter, including Gates Capital Management Inc., Dimensional Fund Advisors LP, Federated Investors Inc. PA, State Street Corp, Royce & Associates LP, Cipher Capital LP, Allianz Asset Management AG and Oarsman Capital Inc.. Company insiders that have sold Olin Corporation stock in the last year include C Robert Bunch and John L Mcintosh.
Who bought Olin Corporation stock? Who is buying Olin Corporation stock?
Olin Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, FMR LLC, Comerica Bank, Rubric Capital Management LP, Foundation Asset Management LP, Putnam Investments LLC, Quantum Capital Management and Stelliam Investment Management LP. Company insiders that have bought Olin Corporation stock in the last two years include C Robert Bunch, Donald W Bogus, George H Pain, Gray G Benoist, James A Varilek, John E Fischer, John Maurice Sampson, Joseph D Rupp, Pat D Dawson and Randall W Larrimore.
How do I buy Olin Corporation stock?
Shares of Olin Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Olin Corporation stock cost?
One share of Olin Corporation stock can currently be purchased for approximately $31.38.