NYSE:OLN - Olin Stock Price, News, & Analysis

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

Olin announced a quarterly dividend on Thursday, October 25th. Stockholders of record on Friday, November 9th will be given a dividend of $0.20 per share on Monday, December 10th. This represents a $0.80 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Thursday, November 8th. View Olin's Dividend History.

Olin declared that its Board of Directors has approved a share buyback plan on Tuesday, May 1st 2018, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 9.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Olin Co. (NYSE:OLN) issued its 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 had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.80 billion. Olin had a return on equity of 10.70% and a net margin of 11.02%. The firm's quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the company posted $0.31 earnings per share. View Olin's Earnings History.

Olin is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Olin.

11 brokerages have issued 12-month price objectives for Olin's shares. Their predictions range from $20.00 to $42.00. On average, they expect Olin's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 48.3% 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 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Olin.

News coverage about OLN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Olin earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news articles about the specialty chemicals company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Olin saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,915,460 shares, a drop of 34.3% from the September 28th total of 5,963,816 shares. Based on an average trading volume of 3,040,976 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.4% of the company's stock are short sold. View Olin's Current Options Chain.

Some companies that are related to Olin include FMC (FMC), Johnson Matthey (JMPLY), Chemours (CC), Huntsman (HUN), Ashland Global (ASH), KURARAY Co Ltd/ADR (KURRY), 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).

Olin's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.13%), FMR LLC (5.50%), Dimensional Fund Advisors LP (2.69%), Bank of New York Mellon Corp (1.25%), Prudential Financial Inc. (1.17%) and Jennison Associates LLC (0.58%). 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.

OLN stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, FMR LLC, Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Broadview Advisors LLC, Wells Fargo & Company MN, JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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.

OLN stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Canada Pension Plan Investment Board, Prudential Financial Inc., Capital Fund Management S.A., BlackRock Inc., Quantbot Technologies LP, Seven Eight Capital LP and American Century Companies Inc.. Company insiders that have bought Olin stock in the last two years include Donald W Bogus, Earl L Shipp, Randall W Larrimore and Scott Mcdougald Sutton. 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, Scottrade, Fidelity and Charles Schwab.

One share of OLN stock can currently be purchased for approximately $20.90.

Olin has a market capitalization of $3.40 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.

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]