NYSE:OLN - Olin Stock Price, Forecast & News

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

Olin declared a quarterly dividend on Friday, January 24th. Investors of record on Monday, February 10th will be paid a dividend of $0.20 per share on Tuesday, March 10th. This represents a $0.80 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date is Friday, February 7th. View Olin's Dividend History.

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

Olin Co. (NYSE:OLN) posted its quarterly earnings data on Tuesday, February, 4th. The specialty chemicals company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.10) by $0.13. The specialty chemicals company had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.39 billion. Olin had a positive return on equity of 3.67% and a negative net margin of 0.18%. The firm's revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 EPS. View Olin's Earnings History.

Olin is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Olin.

13 brokerages have issued 12-month price objectives for Olin's stock. Their forecasts range from $18.00 to $32.00. On average, they anticipate Olin's share price to reach $21.75 in the next year. This suggests a possible upside of 16.8% 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 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Olin.

News articles about OLN stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 media sentiment score of 4.0 on InfoTrie's scale. They also assigned news coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating 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 drop in short interest during the month of January. As of January 15th, there was short interest totalling 4,750,000 shares, a drop of 9.5% from the December 31st total of 5,250,000 shares. Based on an average trading volume of 2,140,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.0% of the company's 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), AbbVie (ABBV), General Electric (GE), CVS Health (CVS), Mcdonald's (MCD), Altria Group (MO), Verizon Communications (VZ), PepsiCo (PEP) and United Bankshares (UBSI).

Olin's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (13.72%), State Street Corp (3.98%), Pzena Investment Management LLC (2.29%), Bank of New York Mellon Corp (1.63%), Geode Capital Management LLC (1.13%) and Goldman Sachs Group Inc. (0.91%). 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, 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 FMR LLC, Goldman Sachs Group Inc., W.E. Donoghue & Co. LLC, State Street Corp, Mutual of America Capital Management LLC, Stifel Financial Corp, Acadian Asset Management LLC and PNC Financial Services Group Inc.. 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 Pzena Investment Management LLC, Boston Partners, Point72 Asset Management L.P., AQR Capital Management LLC, Russell Investments Group Ltd., Centenus Global Management LP, Madison Asset Management LLC and Prudential Financial 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 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 $18.62.

Olin has a market capitalization of $2.97 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.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]