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. Stockholders 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 annualized dividend and a dividend yield of 4.31%. The ex-dividend date of this dividend is Thursday, August 8th. View Olin's Dividend History.

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

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

Olin is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for Olin.

Olin will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 Wall Street analysts have issued 12 month price objectives for Olin's stock. Their forecasts range from $18.00 to $35.00. On average, they expect Olin's share price to reach $25.00 in the next year. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Olin.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Olin.

News coverage about OLN stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive 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 five, with scores closest to five being the most favorable. Olin earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned 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 company's share price in the immediate future. View News Stories for Olin.

Olin saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 12,170,000 shares, a drop of 5.5% from the August 15th total of 12,880,000 shares. Based on an average trading volume of 2,510,000 shares, the short-interest ratio is presently 4.8 days. Approximately 7.5% 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).

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), Verizon Communications (VZ), AbbVie (ABBV), CVS Health (CVS), United Bankshares (UBSI), Bristol-Myers Squibb (BMY), IBM (IBM) and PepsiCo (PEP).

Olin's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.19%), Peregrine Capital Management LLC (0.16%), Envestnet Asset Management Inc. (0.10%), Pacer Advisors Inc. (0.07%), NEXT Financial Group Inc (0.05%) and Brookstone Capital Management (0.04%). 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 Brookstone Capital Management, Envestnet Asset Management Inc., Nisa Investment Advisors LLC, NEXT Financial Group Inc, Gateway Investment Advisers LLC, Meeder Asset Management Inc., Moors & Cabot Inc. and Pflug Koory LLC. 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 acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Robeco Institutional Asset Management B.V., Fox Run Management L.L.C., Oakbrook Investments LLC, SeaCrest Wealth Management LLC, State of Alaska Department of Revenue, Country Club Trust Company n.a. and Camelot Portfolios LLC. 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 $18.55.

Olin has a market capitalization of $3.05 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]