KeyCorp Weighs in on Olin's FY2026 Earnings (NYSE:OLN)

Olin Co. (NYSE:OLN - Free Report) - KeyCorp issued their FY2026 EPS estimates for Olin in a research report issued on Sunday, April 13th. KeyCorp analyst A. Yefremov anticipates that the specialty chemicals company will earn $2.04 per share for the year. KeyCorp has a "Overweight" rating and a $34.00 price target on the stock. The consensus estimate for Olin's current full-year earnings is $1.38 per share.

Olin (NYSE:OLN - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.10. Olin had a net margin of 1.66% and a return on equity of 5.10%.

Other equities analysts also recently issued reports about the company. Barclays lowered their target price on Olin from $34.00 to $28.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 1st. Wells Fargo & Company cut their price objective on Olin from $25.00 to $19.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 9th. UBS Group decreased their price target on shares of Olin from $34.00 to $21.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Royal Bank of Canada lowered Olin from an "outperform" rating to a "sector perform" rating and lowered their price objective for the company from $45.00 to $30.00 in a research note on Tuesday, February 4th. Finally, JPMorgan Chase & Co. lowered shares of Olin from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $50.00 to $28.00 in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $33.25.

Olin Stock Up 2.3 %

OLN stock traded up $0.46 during trading on Tuesday, hitting $20.83. 1,363,094 shares of the stock traded hands, compared to its average volume of 1,532,151. The firm's 50 day moving average is $24.17 and its two-hundred day moving average is $33.63. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 23.14 and a beta of 1.50. Olin has a 1 year low of $17.66 and a 1 year high of $57.10. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.27 and a quick ratio of 0.77.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in OLN. Fifth Third Bancorp lifted its position in shares of Olin by 160.5% in the first quarter. Fifth Third Bancorp now owns 1,206 shares of the specialty chemicals company's stock worth $29,000 after buying an additional 743 shares during the last quarter. Covestor Ltd boosted its stake in Olin by 45.8% during the fourth quarter. Covestor Ltd now owns 1,334 shares of the specialty chemicals company's stock worth $45,000 after buying an additional 419 shares in the last quarter. Spire Wealth Management increased its stake in Olin by 246.8% in the fourth quarter. Spire Wealth Management now owns 1,616 shares of the specialty chemicals company's stock valued at $55,000 after acquiring an additional 1,150 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Olin by 183.8% in the 1st quarter. Farther Finance Advisors LLC now owns 2,645 shares of the specialty chemicals company's stock worth $63,000 after buying an additional 1,713 shares in the last quarter. Finally, CoreFirst Bank & Trust bought a new stake in Olin in the fourth quarter valued at about $66,000. 88.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Olin

In other news, CEO Kenneth Todd Lane purchased 7,250 shares of the company's stock in a transaction on Tuesday, February 4th. The shares were bought at an average price of $28.06 per share, for a total transaction of $203,435.00. Following the completion of the purchase, the chief executive officer now owns 7,250 shares of the company's stock, valued at $203,435. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.60% of the stock is currently owned by insiders.

Olin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, March 6th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.84%. Olin's payout ratio is currently 88.89%.

About Olin

Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents.