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 (WHO). Since then, OLN stock has decreased by 3.2% and is now trading at $10.55. 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 Thomson Reuters' consensus estimate of ($0.27) by $0.12. The specialty chemicals company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.38 billion. Olin had a negative return on equity of 0.55% and a negative net margin of 2.22%. The firm's quarterly revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.25 earnings per share. View Olin's earnings history.

Olin declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, May 11th will be paid a dividend of $0.20 per share on Wednesday, June 10th. This represents a $0.80 annualized dividend and a dividend yield of 7.58%. The ex-dividend date is Friday, May 8th. View Olin's dividend history.

14 equities research analysts have issued 1 year price targets for Olin's shares. Their forecasts range from $7.00 to $22.00. On average, they anticipate Olin's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price. View analysts' price targets for Olin.

News articles about OLN stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of 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 positive five, with scores nearest to five being the most favorable. Olin earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Olin.

Olin saw a increase in short interest in 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 days-to-cover ratio is presently 3.3 days. Approximately 5.8% of the shares of the stock 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."

Olin's stock is owned by many different retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.01%). Company insiders that own Olin stock include Brett A Flaugher, Earl L Shipp, Heidi S Alderman, John L Mcintosh, John Maurice Sampson, Randall W Larrimore, Scott Mcdougald Sutton, Teresa M Vermillion and Vince J Smith. View institutional ownership trends for Olin.

OLN stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Olin stock in the last two years include 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 activity 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 $10.55.

Olin has a market capitalization of $1.67 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]