NYSE:OLNOlin Stock Price, Forecast & News

Olin's stock was trading at $10.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OLN shares have increased by 2.1% and is now trading at $11.13. 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) posted its quarterly earnings results on Wednesday, April, 29th. The specialty chemicals company reported ($0.39) 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 net margin of 2.22% and a negative return on equity of 0.55%. The business's quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 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 7.19%. The ex-dividend date of this dividend is Friday, May 8th. View Olin's dividend history.

14 equities research analysts have issued 12 month target prices for Olin's stock. 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 34.8% from the stock's current price. View analysts' price targets for Olin.

Headlines about OLN stock have trended neutral on Saturday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Olin earned a news impact score of 0.2 on InfoTrie's scale. They also gave media stories about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. 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 short-interest ratio is presently 3.3 days. Currently, 5.8% of the shares of the company 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."

Olin's stock is owned by many different institutional and retail 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 purchased 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 $11.13.

Olin has a market capitalization of $1.76 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]