Olin (NYSE:OLN – Get Free Report) issued its quarterly earnings data on Thursday. The specialty chemicals company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02), FiscalAI reports. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Olin had a negative return on equity of 6.58% and a negative net margin of 2.49%. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share.
Olin Stock Up 9.4%
NYSE:OLN traded up $1.51 during trading hours on Friday, reaching $17.56. 6,671,069 shares of the company traded hands, compared to its average volume of 4,959,744. The business’s 50-day moving average price is $16.44 and its two-hundred day moving average price is $22.28. The stock has a market capitalization of $2.00 billion, a P/E ratio of -11.95 and a beta of 1.23. Olin has a 1 year low of $14.64 and a 1 year high of $30.46. The company has a current ratio of 1.42, a quick ratio of 0.87 and a debt-to-equity ratio of 1.77.
Olin Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Thursday, August 27th were paid 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 4.6%. Olin’s payout ratio is presently -54.42%.
Key Stories Impacting Olin
Here are the key news stories impacting Olin this week:
- Positive Sentiment: Olin reported adjusted EBITDA of $191.4 million and said its merger with Huntsman remains targeted for completion in the first quarter of 2027. Management also cited substantial progress on integration planning, providing a potential longer-term catalyst. Olin Announces Third Quarter 2026 Results
- Positive Sentiment: Reported earnings of $0.13 per share exceeded some published estimates, including FactSet’s $0.11 forecast and Zacks’ $0.10 consensus. Winchester sales rose to $484.7 million from $439.6 million, while Epoxy sales increased to $412.2 million from $349.6 million. Olin Q3 Earnings Beat Estimates
- Neutral Sentiment: Third-quarter sales increased 2% year over year to $1.75 billion, but results varied significantly by segment: Chlor Alkali Products and Vinyls sales declined to $850.8 million, offset by growth in Epoxy and Winchester. Olin Reports Third-Quarter 2026 Net Income
- Negative Sentiment: Olin’s $0.13 EPS missed the broader consensus estimate of $0.15, while revenue fell short of the $1.83 billion forecast. Net income dropped to $14.4 million from $42.8 million a year earlier, and acquisition-related costs totaled $13.7 million. Olin Q3 Earnings Report
- Negative Sentiment: Fourth-quarter adjusted EBITDA guidance of $80 million to $100 million signals a sharp sequential slowdown. Investors are also weighing approximately $2.8 billion of net debt and continued uncertainty surrounding the timing and execution of the Huntsman transaction. Olin Q3 2026 Earnings Analysis
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Olin in a research note on Wednesday, August 19th. The Goldman Sachs Group set a $18.00 price objective on Olin in a report on Wednesday, September 30th. Royal Bank Of Canada lowered their price objective on Olin from $20.00 to $16.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 13th. Wells Fargo & Company dropped their target price on shares of Olin from $20.00 to $16.00 and set an “equal weight” rating on the stock in a report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Olin from $30.00 to $20.00 and set a “hold” rating on the stock in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $20.07.
Read Our Latest Research Report on OLN
About Olin
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.
Read More
- Five stocks we like better than Olin
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
- The Factories Behind AI Servers Just Raised Their Outlooks—3 Contract Manufacturers to Watch
Receive News & Ratings for Olin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Olin and related companies with MarketBeat.com's FREE daily email newsletter.
