NYSE:OLN - Olin Stock Price, Price Target & More

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

Olin declared a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, May 10th will be paid a dividend of $0.20 per share on Monday, June 11th. This represents a $0.80 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Wednesday, May 9th. View Olin's Dividend History.

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

Olin Co. (NYSE:OLN) issued its earnings results on Tuesday, May, 1st. The specialty chemicals company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.03. The specialty chemicals company had revenue of $1.71 billion for the quarter, compared to analysts' expectations of $1.60 billion. Olin had a return on equity of 5.81% and a net margin of 8.69%. View Olin's Earnings History.

Olin is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Olin.

9 Wall Street analysts have issued 1-year price targets for Olin's stock. Their predictions range from $27.79 to $46.00. On average, they anticipate Olin's stock price to reach $36.8488 in the next year. View Analyst Ratings for Olin.

Olin saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 5,080,561 shares, an increase of 61.1% from the April 30th total of 3,154,076 shares. Based on an average daily volume of 2,437,092 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.1% of the shares of the stock are short sold.

Some companies that are related to Olin include DSM (RDSMY), ASAHI KASEI Cor/ADR (AHKSY), FMC (FMC), JOHNSON MATTHEY/S (JMPLY), Chemours (CC), Huntsman (HUN), W. R. Grace & Co (GRA), Ashland Global (ASH), Univar (UNVR), Ingevity (NGVT), Balchem (BCPC), PQ Group (PQG), GCP Applied Technologies (GCP), Innospec (IOSP) and KMG Chemicals (KMG).

News headlines about OLN stock have trended somewhat positive this week, Accern reports. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Olin earned a daily sentiment score of 0.18 on Accern's scale. They also gave media stories about the specialty chemicals company an impact score of 46.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Olin's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.03%), Iridian Asset Management LLC CT (4.45%), Dimensional Fund Advisors LP (2.91%), Northern Trust Corp (0.79%), Prudential Financial Inc. (0.79%) and Schwab Charles Investment Management Inc. (0.65%). Company insiders that own Olin stock include C Robert Bunch, Dolores J Ennico, Donald W Bogus, John E Fischer, John L Mcintosh, John Maurice Sampson, Pat D Dawson, Randall W Larrimore, Stephen C Curley and Thomas J Okeefe. View Institutional Ownership Trends for Olin.

OLN stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Nuveen Asset Management LLC, Iridian Asset Management LLC CT, Principal Financial Group Inc., Principal Financial Group Inc., Stevens Capital Management LP, Federated Investors Inc. PA and Wells Fargo & Company MN. Company insiders that have sold Olin company stock in the last year include C Robert Bunch, Dolores J Ennico, John E Fischer, John L Mcintosh, John Maurice Sampson and Stephen C Curley. View Insider Buying and Selling for Olin.

OLN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Rubric Capital Management LP, Manning & Napier Group LLC, Point72 Asset Management L.P., Mackay Shields LLC, Korea Investment CORP, Highbridge Capital Management LLC and Victory Capital Management Inc.. Company insiders that have bought Olin stock in the last two years include Donald W Bogus, Pat D Dawson and Randall W Larrimore. 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, Scottrade, Fidelity and Charles Schwab.

One share of OLN stock can currently be purchased for approximately $29.12.

Olin has a market capitalization of $5.08 billion and generates $6.27 billion in revenue each year. The specialty chemicals company earns $549.50 million in net income (profit) each year or $0.81 on an earnings per share basis. Olin employs 6,400 workers across the globe.

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]