Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | $50.00 | Market Perform | BMO Capital Markets |
8/8/2024 | $45.00 | Neutral | Mizuho |
7/29/2024 | $62.00 → $51.00 | Buy → Neutral | BofA Securities |
7/29/2024 | $55.00 | Neutral → Overweight | JP Morgan |
12/7/2023 | $52.00 | Hold | Deutsche Bank |
11/13/2023 | $50.00 | Buy | Citigroup |
10/30/2023 | $75.00 → $48.00 | Overweight → Neutral | JP Morgan |
10/11/2023 | $60.00 → $52.00 | Overweight → Equal Weight | Barclays |
SC 13G - OLIN Corp (0000074303) (Subject)
SC 13G/A - OLIN Corp (0000074303) (Subject)
SC 13G/A - OLIN Corp (0000074303) (Subject)
4/A - OLIN Corp (0000074303) (Issuer)
4 - OLIN Corp (0000074303) (Issuer)
3 - OLIN Corp (0000074303) (Issuer)
CLAYTON, Mo., Aug. 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading global manufacturer of chemical products and ammunition, announced today that it has lifted its systemwide force majeure on chlor-alkali products declared on July 10, 2024. Chlor-alkali and derivative production has been returned to operation. A temporary disruption of its Freeport, Texas operations had occurred as a result of Hurricane Beryl. Olin's Epoxy business is in the process of restarting its Aromatics assets which remain under force majeure. Olin remains committed to the safe and reliable operation of its assets.
Highlights Second quarter 2024 net income of $74.2 million, or $0.62 per diluted shareQuarterly adjusted EBITDA of $278.1 millionShare repurchases of $106.0 million in second quarter 2024CLAYTON, Mo., July 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the second quarter ended June 30, 2024. Second quarter 2024 reported net income was $74.2 million, or $0.62 per diluted share, which compares to second quarter 2023 reported net income of $146.9 million, or $1.13 per diluted share. Second quarter 2024 adjusted EBITDA of $278.1 million excludes depreciation and amortization expense of $129.0 million and restructuring charges of $6.8 million. Second quarter
CLAYTON, Mo., July 10, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced a temporary disruption of operations at its Freeport, Texas, facility as a result of Hurricane Beryl. Olin has declared a system-wide Force Majeure for its Chlor Alkali Products & Vinyls division products and Aromatics shipments. This disruption is a result of hurricane-related damage to Olin facilities in Freeport, Texas, impacting Olin's normal production and logistics capabilities including access to power, raw materials, and other essential feedstocks and services. Olin facilities in Freeport
Olin (NYSE:OLN) has outperformed the market over the past 5 years by 4.49% on an annualized basis producing an average annual return of 18.04%. Currently, Olin has a market capitalization of $5.78 billion. Buying $100 In OLN: If an investor had bought $100 of OLN stock 5 years ago, it would be worth $226.31 today based on a price of $48.42 for OLN at the time of writing. Olin's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Olin (NYSE:OLN) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 5 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 2 4 0 0 0 Analysts have set 12-month price targets for Olin, revealing an average target of $67.62, a high estimate of $75.00, and a low estimate of $51.00. A decline of 2.87% from the prior average price target is evident in the current av
8-K - OLIN Corp (0000074303) (Filer)
8-K - OLIN Corp (0000074303) (Filer)
10-Q - OLIN Corp (0000074303) (Filer)
BMO Capital Markets initiated coverage of Olin with a rating of Market Perform and set a new price target of $50.00
Mizuho initiated coverage of Olin with a rating of Neutral and set a new price target of $45.00
BofA Securities downgraded Olin from Buy to Neutral and set a new price target of $51.00 from $62.00 previously
CLAYTON, Mo., Aug. 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading global manufacturer of chemical products and ammunition, announced today that it has lifted its systemwide force majeure on chlor-alkali products declared on July 10, 2024. Chlor-alkali and derivative production has been returned to operation. A temporary disruption of its Freeport, Texas operations had occurred as a result of Hurricane Beryl. Olin's Epoxy business is in the process of restarting its Aromatics assets which remain under force majeure. Olin remains committed to the safe and reliable operation of its assets.
CLAYTON, Mo., Aug. 2, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading global manufacturer of chemical products and ammunition, announced today it will host an Investor Day in New York City on Thursday, December 12, 2024. Ken Lane, President & CEO, and Todd Slater, SVP & CFO, will be joined by other members of the executive management team to present an in-depth overview of Olin's strategic vision, and deep dives into its businesses, capital allocation strategy and long-term financial targets. The presentation will include a Q&A session with the executive management
Highlights Second quarter 2024 net income of $74.2 million, or $0.62 per diluted shareQuarterly adjusted EBITDA of $278.1 millionShare repurchases of $106.0 million in second quarter 2024CLAYTON, Mo., July 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the second quarter ended June 30, 2024. Second quarter 2024 reported net income was $74.2 million, or $0.62 per diluted share, which compares to second quarter 2023 reported net income of $146.9 million, or $1.13 per diluted share. Second quarter 2024 adjusted EBITDA of $278.1 million excludes depreciation and amortization expense of $129.0 million and restructuring charges of $6.8 million. Second quarter
CLAYTON, Mo., Sept. 1, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) today announced a mutual agreement that Scott Sutton will step down as President, Chief Executive Officer, and Chairman of the Board in the first half of 2024. Mr. Sutton will continue as Executive Chairman of the Board until his departure to facilitate a smooth transition. Mr. Sutton has led a strategic transformation of Olin since taking the helm in 2020 which has delivered significant value for Olin's shareholders. He has embedded the Winning Model across Olin's businesses and built a strong leadership
Pietro Satriano Steps Down as CEO and Will Not Stand for Re-election as Director at 2022 Annual Meeting of Shareholders Robert M. Dutkowsky to Serve as Executive Chair and Andrew Iacobucci to Serve as Interim CEO Board Has Commenced Search for Permanent CEO Appoints James J. Barber, Jr., Scott D. Ferguson and David A. Toy to Board Pursuant to Agreement with Sachem Head Reaffirms Fiscal Year 2022 Guidance US Foods Holding Corp. (NYSE:USFD) ("US Foods" or the "Company"), one of the largest foodservice distributors in the United States, today announced a transition of its Chief Executive Officer. The Company also announced changes to its Board of Directors in connection with a cooperation
CLAYTON, Mo., Nov. 15, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced that Pat D. Dawson, Olin's Executive Vice President and President, Epoxy and International, will retire from Olin effective April 30, 2022, or an earlier mutually agreeable date. Mr. Dawson will remain with Olin as an Executive Vice President until his retirement, focusing on business leadership transition activities and strategic business projects. Mr. Damian Gumpel, Olin's current Vice President and President, Chlor Alkali Products and Vinyls will become its Vice President and President, Epox