Olin Stock Price, News & Analysis (NYSE:OLN)

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

Olin announced a quarterly dividend on Thursday, July 25th. Shareholders of record on Friday, August 9th will be given a dividend of $0.20 per share on Tuesday, September 10th. This represents a $0.80 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Thursday, August 8th. View Olin's Dividend History.

Olin announced that its Board of Directors has approved a stock repurchase program on Tuesday, May 1st 2018, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 9.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Olin Co. (NYSE:OLN) posted its quarterly earnings data on Wednesday, July, 31st. The specialty chemicals company reported ($0.01) earnings per share for the quarter, meeting the Zacks' consensus estimate of ($0.01). The specialty chemicals company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.55 billion. Olin had a net margin of 4.06% and a return on equity of 7.82%. The business's revenue was down 7.8% on a year-over-year basis. During the same quarter last year, the company earned $0.35 EPS. View Olin's Earnings History.

Olin is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Olin.

11 analysts have issued 1 year price targets for Olin's stock. Their forecasts range from $19.00 to $35.00. On average, they expect Olin's share price to reach $26.7273 in the next year. This suggests a possible upside of 43.5% 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 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Olin.

Media stories about OLN stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Olin.

Olin saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 14,703,200 shares, an increase of 65.5% from the July 31st total of 8,882,400 shares. Based on an average daily trading volume, of 2,340,000 shares, the short-interest ratio is presently 6.3 days. Currently, 9.0% of the company's shares are short sold. View Olin's Current Options Chain.

Some companies that are related to Olin include FMC (FMC), Johnson Matthey (JMPLY), Huntsman (HUN), Ashland Global (ASH), W. R. Grace & Co (GRA), KURARAY CO LTD/ADR (KURRY), Univar (UNVR), Ingevity (NGVT), Balchem (BCPC), Chemours (CC), Innospec (IOSP), PQ Group (PQG), GCP Applied Technologies (GCP), Innophos (IPHS) and Loop Industries (LOOP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Olin investors own include AT&T (T), Exxon Mobil (XOM), General Electric (GE), CVS Health (CVS), Verizon Communications (VZ), United Bankshares (UBSI), AbbVie (ABBV), Mcdonald's (MCD), PepsiCo (PEP) and Bristol-Myers Squibb (BMY).

Olin's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.87%), BlackRock Inc. (11.87%), Vanguard Group Inc. (9.76%), Nuveen Asset Management LLC (5.14%), Bank of New York Mellon Corp (1.55%) and Balyasny Asset Management LLC (1.07%). Company insiders that own Olin stock include Brett A Flaugher, C Robert Bunch, Dolores J Ennico, Donald W Bogus, Earl L Shipp, Heidi S Alderman, John E Fischer, John L Mcintosh, John Maurice Sampson, Randall W Larrimore, Scott Mcdougald Sutton, Stephen C Curley, Teresa M Vermillion and Vince J Smith. View Institutional Ownership Trends for Olin.

OLN stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Prudential Financial Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Monarch Partners Asset Management LLC, Jennison Associates LLC, Jennison Associates LLC and Morgan Stanley. Company insiders that have sold Olin company stock in the last year include Brett A Flaugher and John L Mcintosh. View Insider Buying and Selling for Olin.

OLN stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, W.E. Donoghue & Co. LLC, Mesirow Financial Investment Management Equity Management, Man Group plc, Deprince Race & Zollo Inc., Keeley Teton Advisors LLC and Envestnet Asset Management Inc.. Company insiders that have bought Olin stock in the last two years include Donald W Bogus, 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 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 $18.63.

Olin has a market capitalization of $3.06 billion and generates $6.95 billion in revenue each year. The specialty chemicals company earns $327.90 million in net income (profit) each year or $1.75 on an earnings per share basis. Olin employs 6,500 workers across the globe.View Additional Information About Olin.

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]