NYSE:OLNOlin Stock Price, Forecast & News

Olin's stock was trading at $10.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OLN shares have increased by 3.7% and is now trading at $11.30. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There are currently 1 sell rating, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Olin.

Olin is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Olin.

Olin Co. (NYSE:OLN) released its earnings results on Wednesday, April, 29th. The specialty chemicals company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by $0.12. The specialty chemicals company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.38 billion. Olin had a negative net margin of 2.22% and a negative return on equity of 0.55%. The company's revenue was down 8.3% compared to the same quarter last year. During the same period last year, the firm posted $0.25 EPS. View Olin's earnings history.

Olin announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Monday, May 11th will be given a dividend of $0.20 per share on Wednesday, June 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.08%. The ex-dividend date of this dividend is Friday, May 8th. View Olin's dividend history.

14 analysts have issued 1 year price objectives for Olin's shares. Their forecasts range from $7.00 to $22.00. On average, they anticipate Olin's stock price to reach $15.36 in the next year. This suggests a possible upside of 35.9% from the stock's current price. View analysts' price targets for Olin.

Media stories about OLN stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Olin earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Olin.

Olin saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 9,060,000 shares, an increase of 6.6% from the June 15th total of 8,500,000 shares. Based on an average trading volume of 2,740,000 shares, the short-interest ratio is presently 3.3 days. Approximately 5.8% of the shares of the stock are short sold. View Olin's Current Options Chain.

Some companies that are related to Olin include Dow Chemical (DOW), PPG Industries (PPG), FMC (FMC), Eastman Chemical (EMN), Huntsman (HUN) and LSB Industries (LXU). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Olin investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), CVS Health (CVS), General Electric (GE), Mcdonald's (MCD), Kinder Morgan (KMI), Altria Group (MO), Verizon Communications (VZ) and PepsiCo (PEP).

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

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 $11.30.

Olin has a market capitalization of $1.78 billion and generates $6.11 billion in revenue each year. The specialty chemicals company earns $-11,300,000.00 in net income (profit) each year or $0.60 on an earnings per share basis. Olin employs 6,500 workers across the globe.

The official website for Olin is 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]