The Question Is Whether To Buy Or Not To Buy Olin Corp (NYSE: OLN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Olin Corp is listed on the NYSE as a member of the Basic Materials sector and is a part of the Chemicals industry. The current market capitalization of Olin Corp is $3.94B. A total of 0.94 million shares were traded on the day, compared to an average of 1.70M shares.

In the most recent transaction, Sumner R Nichole sold 10,500 shares of OLN for 43.75 per share on Nov 08 ’24. After the transaction, the VP & Controller now owns 24,056 company shares. In a previous transaction on Nov 08 ’24, R. Nicole Sumner bought 10,500 shares at 41.77 per share.

Among the insiders who bought shares, Sumner, R. Nichole acquired of 10,500 shares on Aug 26 ’24 at a per-share price of $42.77. In another insider transaction, Sutton Scott McDougald sold 48,896 shares at $52.39 per share on Feb 27 ’24. Company shares held by the President & CEO now total 90,327.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Olin Corp pays an annual dividend of $0.80, resulting in a dividend yield of 2.37%, and it has a price to earnings (P/E) ratio of 27.43. OLN’s most recent ex-dividend date was 1.93% when it declared a $0.20 quarterly dividend that was paid in cash on 11/14/2024. Previously, the company paid the dividend on 8/8/2024 with an ex-dividend date of 1.79%. The OLN stock dividend was $0.20 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, OLN has a high of $60.60 and a low of $30.69.

As of this writing, OLN has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 13.0 estimates, with a high estimate of $0.04 per share and a lower estimate of -$0.12.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OLN’s latest balance sheet shows that the firm has $180.50M in Cash & Short Term Investments as of fiscal 2021. There were $3.16B in debt and $1.68B in liabilities at the time. Its Book Value Per Share was $17.64, while its Total Shareholder’s Equity was $2.65B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OLN is Buy with a score of 3.64.

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