Olin (NYSE:OLN – Get Free Report) announced its earnings results on Thursday. The specialty chemicals company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02), FiscalAI reports. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.83 billion. Olin had a negative net margin of 2.08% and a negative return on equity of 4.76%. Olin’s revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 EPS.
Olin Stock Performance
NYSE OLN opened at $16.03 on Friday. The stock’s fifty day moving average is $16.46 and its two-hundred day moving average is $22.30. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.42 and a quick ratio of 0.87. Olin has a fifty-two week low of $14.64 and a fifty-two week high of $30.46.
Olin Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Thursday, August 27th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, August 27th. This represents a $0.80 dividend on an annualized basis and a yield of 5.0%. Olin’s dividend payout ratio (DPR) is presently -65.04%.
More Olin News
Here are the key news stories impacting Olin this week:
- Positive Sentiment: Olin reported third-quarter adjusted EBITDA of $191.4 million and said its merger with Huntsman remains on track to close in the first quarter of 2027, subject to customary conditions. The company also reported year-over-year sales growth in its Epoxy and Winchester businesses. Olin Announces Third Quarter 2026 Results
- Positive Sentiment: Reported earnings of $0.13 per share exceeded the FactSet estimate of $0.11, while another estimate set cited by Zacks was also surpassed. This provides a modest positive offset to the broader disappointing results. Olin Q3 EPS Report
- Neutral Sentiment: Olin amended its credit agreement to provide a $750 million term loan facility and a $1.75 billion revolving credit facility ahead of the Huntsman transaction. The financing supports merger preparations but highlights the company’s significant debt burden. Olin Credit Agreement Amendment
- Negative Sentiment: Third-quarter revenue of $1.75 billion fell short of the $1.83 billion consensus estimate. Net income dropped to $14.4 million from $42.8 million a year earlier, while EPS declined to $0.13 from $0.37. Olin Q3 Revenue Report
- Negative Sentiment: Management forecast fourth-quarter adjusted EBITDA of only $80 million to $100 million. A Freeport outage, weakness in Chlor Alkali Products and Vinyls, merger-related costs of $13.7 million, and approximately $2.8 billion of net debt add to the risk profile. Olin Q3 2026 Earnings Analysis
Analysts Set New Price Targets
Several analysts recently commented on OLN shares. The Goldman Sachs Group set a $18.00 price target on Olin in a research report on Wednesday, September 30th. Wall Street Zen lowered Olin from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Weiss Ratings restated a “sell (d)” rating on shares of Olin in a report on Wednesday, August 19th. Mizuho lifted their target price on shares of Olin from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, BMO Capital Markets dropped their target price on shares of Olin from $30.00 to $25.00 and set a “market perform” rating for the company in a report on Monday, July 6th. One analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Olin has a consensus rating of “Reduce” and a consensus target price of $20.07.
View Our Latest Analysis on OLN
Olin Company Profile
Olin Corporation (NYSE: OLN) is a global manufacturer of chemicals and ammunition. The company operates through three primary businesses: Chlor Alkali Products and Vinyls, Epoxy, and Winchester.
Its Chlor Alkali Products and Vinyls business produces chlorine, caustic soda, hydrochloric acid, bleach products, hydrogen, chlorinated organic chemicals and other related materials used in industrial, water-treatment, construction and consumer applications. Olin’s Epoxy business manufactures epoxy resins, intermediates and other specialty materials used in coatings, adhesives, composites, electronics and infrastructure-related applications.
Through its Winchester business, Olin produces and distributes sporting ammunition, reloading components, and small-caliber ammunition for law enforcement and military customers.
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