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. Since then, OLN shares have increased by 6.5% and is now trading at $11.61. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There are currently 1 sell rating, 10 hold ratings and 4 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 Tuesday, May 5th 2020. View our earnings forecast for Olin.

Olin Co. (NYSE:OLN) issued its quarterly earnings results on Tuesday, February, 4th. The specialty chemicals company reported $0.03 earnings per share for the quarter, beating the consensus estimate 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 company's quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 EPS. View Olin's earnings history.

Olin announced a quarterly dividend on Friday, January 24th. Shareholders of record on Monday, February 10th will be given 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 6.89%. The ex-dividend date of this dividend is Friday, February 7th. View Olin's dividend history.

Olin declared that its board has authorized a share repurchase program on Tuesday, May 1st 2018, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 9.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

15 Wall Street analysts have issued 1 year target prices for Olin's stock. Their forecasts range from $7.00 to $32.00. On average, they anticipate Olin's share price to reach $18.07 in the next year. This suggests a possible upside of 55.7% from the stock's current price. View analysts' price targets for Olin.

Headlines about OLN stock have trended very negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutOlin.

Olin saw a decline in short interest in March. As of March 13th, there was short interest totaling 10,665,600 shares, a decline of 6.5% from the February 27th total of 11,410,000 shares. Based on an average daily trading volume, of 3,090,000 shares, the short-interest ratio is presently 3.5 days. Currently, 6.9% of the shares of the company 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), Mcdonald's (MCD), Altria Group (MO), CVS Health (CVS), PepsiCo (PEP), United Bankshares (UBSI) and IBM (IBM).

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

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 $11.61.

Olin has a market capitalization of $1.83 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]