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 21.8% and is now trading at $13.28. 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) posted its quarterly earnings results on Wednesday, April, 29th. The specialty chemicals company reported ($0.39) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.27) by $0.12. The specialty chemicals company had revenue of $1.43 billion for the quarter, compared to the consensus estimate 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 in the previous year, the firm posted $0.25 earnings per share. View Olin's earnings history.

Olin announced a quarterly dividend on Thursday, April 23rd. Stockholders 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 yield of 6.02%. The ex-dividend date of this dividend is Friday, May 8th. View Olin's dividend history.

14 brokers have issued 1 year target prices for Olin's stock. Their forecasts range from $7.00 to $22.00. On average, they anticipate Olin's share price to reach $15.36 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View analysts' price targets for Olin.

Headlines about OLN stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Olin earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news stories about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutOlin.

Olin saw a increase in short interest in 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 trading volume of 3,500,000 shares, the short-interest ratio is currently 2.3 days. Approximately 5.2% 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). 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 retail and institutional 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 acquired 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 $13.28.

Olin has a market capitalization of $2.10 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]