Olin Stock Price, News & Analysis (NYSE:OLN)

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

Olin declared a quarterly dividend on Thursday, July 25th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.20 per share on Tuesday, September 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend is Thursday, August 8th. View Olin's Dividend History.

Olin announced that its board has approved a share buyback program on Tuesday, May 1st 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 9.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Olin Co. (NYSE:OLN) posted its quarterly earnings data on Wednesday, July, 31st. The specialty chemicals company reported ($0.01) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.01). The specialty chemicals company earned $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Olin had a net margin of 4.06% and a return on equity of 7.82%. The firm's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 EPS. View Olin's Earnings History.

Olin is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Olin.

11 analysts have issued 1-year price targets for Olin's stock. Their predictions range from $19.00 to $35.00. On average, they expect Olin's stock price to reach $26.7273 in the next twelve months. This suggests a possible upside of 43.5% from the stock's current price. View Analyst Price Targets for Olin.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Olin.

News headlines about OLN stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Olin earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned press coverage about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Olin.

Olin saw a increase in short interest in August. As of August 31st, there was short interest totalling 14,703,200 shares, an increase of 65.5% from the July 31st total of 8,882,400 shares. Based on an average trading volume of 2,340,000 shares, the days-to-cover ratio is presently 6.3 days. Approximately 9.0% of the shares of the stock are short sold. View Olin's Current Options Chain.

Some companies that are related to Olin include FMC (FMC), Johnson Matthey (JMPLY), Huntsman (HUN), Ashland Global (ASH), W. R. Grace & Co (GRA), KURARAY CO LTD/ADR (KURRY), Univar (UNVR), Ingevity (NGVT), Balchem (BCPC), Chemours (CC), Innospec (IOSP), PQ Group (PQG), GCP Applied Technologies (GCP), Innophos (IPHS) and Loop Industries (LOOP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Olin investors own include AT&T (T), Exxon Mobil (XOM), General Electric (GE), CVS Health (CVS), Verizon Communications (VZ), United Bankshares (UBSI), AbbVie (ABBV), Mcdonald's (MCD), PepsiCo (PEP) and Bristol-Myers Squibb (BMY).

Olin's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.87%), BlackRock Inc. (11.87%), Vanguard Group Inc. (9.76%), Nuveen Asset Management LLC (5.14%), Bank of New York Mellon Corp (1.55%) and Balyasny Asset Management LLC (1.07%). Company insiders that own Olin stock include Brett A Flaugher, C Robert Bunch, Dolores J Ennico, Donald W Bogus, Earl L Shipp, Heidi S Alderman, John E Fischer, John L Mcintosh, John Maurice Sampson, Randall W Larrimore, Scott Mcdougald Sutton, Stephen C Curley, Teresa M Vermillion and Vince J Smith. View Institutional Ownership Trends for Olin.

OLN stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Prudential Financial Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Monarch Partners Asset Management LLC, Jennison Associates LLC, Jennison Associates LLC and Morgan Stanley. Company insiders that have sold Olin company stock in the last year include Brett A Flaugher and John L Mcintosh. View Insider Buying and Selling for Olin.

OLN stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, W.E. Donoghue & Co. LLC, Mesirow Financial Investment Management Equity Management, Man Group plc, Deprince Race & Zollo Inc., Keeley Teton Advisors LLC and Envestnet Asset Management Inc.. Company insiders that have bought Olin stock in the last two years include Donald W Bogus, Earl L Shipp, Heidi S Alderman, John Maurice Sampson, Randall W Larrimore, Scott Mcdougald Sutton, Teresa M Vermillion and Vince J Smith. View Insider Buying and Selling for Olin.

Shares of OLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OLN stock can currently be purchased for approximately $18.63.

Olin has a market capitalization of $3.06 billion and generates $6.95 billion in revenue each year. The specialty chemicals company earns $327.90 million in net income (profit) each year or $1.75 on an earnings per share basis. Olin employs 6,500 workers across the globe.View Additional Information About Olin.

The official website for Olin is http://www.olin.com/.

Olin's mailing address is 190 CARONDELET PLAZA SUITE 1530, CLAYTON MO, 63105. The specialty chemicals company can be reached via phone at 314-480-1400 or via email at [email protected]