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Olin (OLN) Stock Price, News & Analysis

Olin logo
$40.80 -0.10 (-0.24%)
(As of 11/20/2024 ET)

About Olin Stock (NYSE:OLN)

Key Stats

Today's Range
$40.52
$40.99
50-Day Range
$40.82
$48.99
52-Week Range
$39.47
$60.60
Volume
837,142 shs
Average Volume
1.87 million shs
Market Capitalization
$4.76 billion
P/E Ratio
32.91
Dividend Yield
1.96%
Price Target
$51.86
Consensus Rating
Hold

Company Overview

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. The Epoxy segment provides Allylics, such as allyl chloride, epichlorohydrin, and glycerin; aromatics, including acetone, bisphenol, cumene, and phenol; liquid and solid epoxy resins; and converted epoxy resins and additives. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, gun clubs, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.

Olin Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

OLN MarketRank™: 

Olin scored higher than 99% of companies evaluated by MarketBeat, and ranked 4th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Olin has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 6 buy ratings, 8 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Olin has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Olin's stock forecast and price target.
  • Earnings Growth

    Earnings for Olin are expected to grow by 162.73% in the coming year, from $1.10 to $2.89 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Olin is 32.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Olin is 32.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 117.15.

  • Price to Earnings Growth Ratio

    Olin has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Olin has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Olin's valuation and earnings.
  • Percentage of Shares Shorted

    1.87% of the float of Olin has been sold short.
  • Short Interest Ratio / Days to Cover

    Olin has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Olin has recently decreased by 12.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Olin pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Olin does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Olin is 64.52%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Olin will have a dividend payout ratio of 27.68% next year. This indicates that Olin will be able to sustain or increase its dividend.

  • Read more about Olin's dividend.
  • Percentage of Shares Shorted

    1.87% of the float of Olin has been sold short.
  • Short Interest Ratio / Days to Cover

    Olin has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Olin has recently decreased by 12.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Olin has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Olin this week, compared to 6 articles on an average week.
  • Search Interest

    7 people have searched for OLN on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Olin to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Olin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $459,375.00 in company stock.

  • Percentage Held by Insiders

    Only 1.60% of the stock of Olin is held by insiders.

  • Percentage Held by Institutions

    88.67% of the stock of Olin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Olin's insider trading history.
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OLN Stock News Headlines

Olin’s New Receivables Purchase Agreement and Financial Shift
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Bear of the Day: Olin (OLN)
Olin Co. (NYSE:OLN) Receives $51.86 Average PT from Analysts
Morgan Stanley Sticks to Their Sell Rating for Olin (OLN)
Olin price target lowered to $47 from $50 at BMO Capital
See More Headlines

OLN Stock Analysis - Frequently Asked Questions

Olin's stock was trading at $53.95 on January 1st, 2024. Since then, OLN stock has decreased by 24.4% and is now trading at $40.8050.
View the best growth stocks for 2024 here
.

Olin Co. (NYSE:OLN) released its earnings results on Thursday, July, 25th. The specialty chemicals company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by $0.08. The firm's revenue for the quarter was down 3.5% compared to the same quarter last year.

Top institutional shareholders of Olin include FMR LLC (8.36%), Hotchkis & Wiley Capital Management LLC (7.58%), State Street Corp (4.06%) and Yacktman Asset Management LP (3.33%). Insiders that own company stock include Scott D Ferguson, Todd A Slater, Scott Mcdougald Sutton, Damian Gumpel, R Nichole Sumner, Valerie A Peters, James A Varilek, Brett A Flaugher, Heidi S Alderman and C Robert Bunch.
View institutional ownership trends
.

Shares of OLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Olin investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 9/13 Dividend
8/08/2024
Dividend Payable
9/13/2024
Ex-Dividend for 12/13 Dividend
11/14/2024
Today
11/20/2024
Dividend Payable
12/13/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/23/2025

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
Diversified Chemicals
CUSIP
68066520
Fax
N/A
Employees
7,326
Year Founded
1892

Price Target and Rating

Average Stock Price Target
$51.86
High Stock Price Target
$69.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+27.1%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

Net Income
$460.20 million
Pretax Margin
2.96%

Debt

Sales & Book Value

Annual Sales
$6.48 billion
Cash Flow
$7.86 per share
Book Value
$18.51 per share

Miscellaneous

Free Float
114,497,000
Market Cap
$4.76 billion
Optionable
Optionable
Beta
1.43

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This page (NYSE:OLN) was last updated on 11/21/2024 by MarketBeat.com Staff
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