Olin Corporation manufactures and distributes chemical products in the United States and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide. The Epoxy segment provides allyl chloride and epichlorohydrin, as well as acetone, bisphenol, cumene, and phenol for use in resins and other plastic materials, water purification, and pesticides, as well as for the manufacturers of polymers; liquid and solid epoxy resins that are used in adhesives, paints and coatings, composites, and flooring; and differentiated epoxy resins for use in electrical laminates, paints and coatings, wind blades, electronics, and construction, as well as offers additives. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was founded in 1892 and is headquartered in Clayton, Missouri.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Chemicals & allied products
Sub-IndustryDiversified Chemicals
SectorBasic Materials
Current SymbolNYSE:OLN
Previous Symbol
CUSIP68066520
Phone314-480-1400
Debt
Debt-to-Equity Ratio1.14
Current Ratio1.81
Quick Ratio1.13
Price-To-Earnings
Trailing P/E Ratio25.91
Forward P/E Ratio10.99
P/E Growth0.31
Sales & Book Value
Annual Sales$6.27 billion
Price / Sales0.56
Cash Flow$4.3458 per share
Price / Cash Flow4.83
Book Value$16.54 per share
Price / Book1.27
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$549.50 million
Net Margins11.02%
Return on Equity10.70%
Return on Assets3.26%
Miscellaneous
Employees6,400
Outstanding Shares166,840,000
Market Cap$3.37 billion
OptionableOptionable
Olin (NYSE:OLN) Frequently Asked Questions
What is Olin's stock symbol?
Olin trades on the New York Stock Exchange (NYSE) under the ticker symbol "OLN."
How often does Olin pay dividends? What is the dividend yield for Olin?
Olin announced a quarterly dividend on Thursday, October 25th. Stockholders of record on Friday, November 9th will be paid a dividend of $0.20 per share on Monday, December 10th. This represents a $0.80 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Thursday, November 8th. View Olin's Dividend History.
How will Olin's stock buyback program work?
Olin declared that its Board of Directors has approved a stock buyback program on Tuesday, May 1st 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 9.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.
How were Olin's earnings last quarter?
Olin Co. (NYSE:OLN) posted its quarterly earnings results on Monday, October, 29th. The specialty chemicals company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.75 by $0.09. The specialty chemicals company earned $1.87 billion during the quarter, compared to the consensus estimate of $1.80 billion. Olin had a return on equity of 10.70% and a net margin of 11.02%. The business's revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 earnings per share. View Olin's Earnings History.
When is Olin's next earnings date?
What price target have analysts set for OLN?
12 brokerages have issued twelve-month price targets for Olin's stock. Their predictions range from $20.00 to $42.00. On average, they anticipate Olin's stock price to reach $31.1818 in the next year. This suggests a possible upside of 48.6% from the stock's current price. View Analyst Price Targets for Olin.
What is the consensus analysts' recommendation for Olin?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Olin.
Has Olin been receiving favorable news coverage?
News coverage about OLN stock has trended positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Olin earned a news impact score of 2.6 on InfoTrie's scale. They also gave news stories about the specialty chemicals company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near future.
Who are some of Olin's key competitors?
Some companies that are related to Olin include FMC (FMC), Johnson Matthey (JMPLY), KURARAY CO LTD/ADR (KURRY), Ashland Global (ASH), Chemours (CC), Huntsman (HUN), W. R. Grace & Co (GRA), Ingevity (NGVT), Univar (UNVR), Balchem (BCPC), PQ Group (PQG), GCP Applied Technologies (GCP), Innospec (IOSP), KMG Chemicals (KMG) and Nexeo Solutions (NXEO).
Who are Olin's key executives?
Olin's management team includes the folowing people:
- Mr. John E. Fischer, Chairman, Pres & CEO (Age 62)
- Mr. Todd A. Slater, VP & CFO (Age 54)
- Mr. John L. McIntosh, Exec. VP of Synergies & Systems (Age 63)
- Mr. Pat D. Dawson, Exec. VP (Age 61)
- Mr. James A. Varilek, Exec. VP (Age 60)
Who are Olin's major shareholders?
Olin's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.13%), Vanguard Group Inc. (9.30%), FMR LLC (5.50%), TIAA CREF Investment Management LLC (5.11%), Dimensional Fund Advisors LP (2.69%) and Macquarie Group Ltd. (2.36%). Company insiders that own Olin stock include C Robert Bunch, Dolores J Ennico, Donald W Bogus, Earl L Shipp, John E Fischer, John L Mcintosh, John Maurice Sampson, Randall W Larrimore, Scott Mcdougald Sutton, Stephen C Curley and Thomas J Okeefe. View Institutional Ownership Trends for Olin.
Which major investors are selling Olin stock?
OLN stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, FMR LLC, AQR Capital Management LLC, Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Marshall Wace LLP, Broadview Advisors LLC and Wells Fargo & Company MN. Company insiders that have sold Olin company stock in the last year include John L Mcintosh and Stephen C Curley. View Insider Buying and Selling for Olin.
Which major investors are buying Olin stock?
OLN stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, TIAA CREF Investment Management LLC, Victory Capital Management Inc., Canada Pension Plan Investment Board, Prudential Financial Inc., Capital Fund Management S.A., Point72 Asset Management L.P. and Vanguard Group Inc.. Company insiders that have bought Olin stock in the last two years include Donald W Bogus, Earl L Shipp, John Maurice Sampson, Randall W Larrimore and Scott Mcdougald Sutton. View Insider Buying and Selling for Olin.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Olin's stock price today?
One share of OLN stock can currently be purchased for approximately $20.99.
How big of a company is Olin?
Olin has a market capitalization of $3.37 billion and generates $6.27 billion in revenue each year. The specialty chemicals company earns $549.50 million in net income (profit) each year or $0.81 on an earnings per share basis. Olin employs 6,400 workers across the globe.
What is Olin's official website?
How can I contact Olin?
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]
MarketBeat Community Rating for Olin (NYSE OLN)
MarketBeat's community ratings are surveys of what our community members think about Olin and other stocks. Vote "Outperform" if you believe OLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
