Olin (OLN) Projected to Post Quarterly Earnings on Thursday

Olin (NYSE:OLN) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $1.58 billion for the quarter.

Olin (NYSE:OLN) last issued its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10. Olin had a return on equity of 5.10% and a net margin of 1.66%. On average, analysts expect Olin to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Olin Price Performance

Shares of OLN opened at $21.84 on Tuesday. 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. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 24.27 and a beta of 1.50. The business has a 50-day moving average of $23.26 and a 200-day moving average of $32.18.

Olin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend was Thursday, March 6th. Olin’s payout ratio is 88.89%.

Insider Activity

In other news, CEO Kenneth Todd Lane bought 7,250 shares of the stock in a transaction dated Tuesday, February 4th. The stock was bought at an average price of $28.06 per share, for a total transaction of $203,435.00. Following the completion of the acquisition, the chief executive officer now directly owns 7,250 shares in the company, valued at approximately $203,435. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on OLN. UBS Group cut their target price 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. KeyCorp cut their target price on shares of Olin from $40.00 to $34.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Truist Financial cut their target price on shares of Olin from $32.00 to $25.00 and set a “hold” rating on the stock in a research note on Monday, April 14th. Morgan Stanley cut their target price on shares of Olin from $31.00 to $28.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 4th. Finally, Barclays cut their target price on shares of Olin from $34.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $33.25.

Olin Company Profile

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.