NYSE:OLNOlin Stock Price, Forecast & News

Olin's stock was trading at $10.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OLN stock has 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 firm's quarterly revenue was down 8.3% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS. View Olin's earnings history.

Olin declared a quarterly dividend on Thursday, April 23rd. Investors 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 yield of 7.08%. The ex-dividend date of this dividend is Friday, May 8th. View Olin's dividend history.

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

Press coverage about OLN stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Olin earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave news stories about the specialty chemicals company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. View the latest news about Olin.

Olin saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 8,500,000 shares, a drop of 9.4% from the May 31st total of 9,380,000 shares. Based on an average daily volume of 2,990,000 shares, the short-interest ratio is currently 2.8 days. Approximately 5.4% of the company's shares are sold short. 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]