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 shares have increased by 10.4% and is now trading at $12.03. 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) issued its quarterly earnings results on Wednesday, April, 29th. The specialty chemicals company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates 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 business's revenue was down 8.3% on a year-over-year basis. During the same period last year, the firm posted $0.25 earnings per share. View Olin's earnings history.

Olin announced 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 annualized dividend and a dividend yield of 6.65%. The ex-dividend date is Friday, May 8th. View Olin's dividend history.

14 brokerages have issued 1 year price targets for Olin's stock. Their forecasts range from $7.00 to $22.00. On average, they expect Olin's share price to reach $15.36 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View analysts' price targets for Olin.

Media coverage about OLN stock has trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative 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 3.5 on InfoTrie's scale. They also gave news headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutOlin.

Olin saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,120,000 shares, an increase of 8.4% from the April 30th total of 7,490,000 shares. Based on an average daily volume of 3,500,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 5.2% of the shares of the stock are sold short. View Olin's Current Options Chain.

Some companies that are related to Olin include 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.94%), Sachem Head Capital Management LP (9.47%), State Street Corp (4.62%), Pzena Investment Management LLC (3.34%), Deprince Race & Zollo Inc. (1.88%) and Bank of New York Mellon Corp (1.60%). 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 sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Morgan Stanley, Deroy & Devereaux Private Investment Counsel Inc., Wells Fargo & Company MN, BlackRock Inc., Squarepoint Ops LLC, and Canada Pension Plan Investment Board. View insider buying and selling activity for Olin.

OLN stock was purchased by a variety of institutional investors in the last quarter, including Sachem Head Capital Management LP, Pzena Investment Management LLC, Samlyn Capital LLC, State Street Corp, Invesco Ltd., Schneider Capital Management Corp, Semper Augustus Investments Group LLC, and Deprince Race & Zollo 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 $12.03.

Olin has a market capitalization of $1.90 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]