Last $23.28 USD
Change Today -1.62 / -6.51%
Volume 1.9M
OLN On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

olin corp (OLN) Snapshot

Open
$23.25
Previous Close
$24.90
Day High
$24.17
Day Low
$23.12
52 Week High
12/19/13 - $29.52
52 Week Low
10/25/13 - $21.79
Market Cap
1.8B
Average Volume 10 Days
736.6K
EPS TTM
$1.55
Shares Outstanding
78.2M
EX-Date
11/6/14
P/E TM
15.0x
Dividend
$0.80
Dividend Yield
3.44%
Current Stock Chart for OLIN CORP (OLN)

olin corp (OLN) Related Businessweek News

No Related Businessweek News Found

olin corp (OLN) Details

Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. The company operates in three segments, Chlor Alkali Products, Chemical Distribution, and Winchester. The Chlor Alkali Products segment provides chlorine/caustic soda that is used in pulp and paper processing, chemical manufacturing, water purification, manufacture of vinyl chloride, bleach, swimming pool chemicals, and urethane chemicals; sodium hypochlorite for use in household cleaners, laundry bleaching, swimming pool sanitizers, semiconductors, water treatment, textile, pulp and paper, and food processing; and hydrogen, which is used in fuel source, hydrogen peroxide, and hydrochloric acid. This segment also offers hydrochloric acid for use in steel, oil and gas, plastics, organic chemical synthesis, water and wastewater treatment, brine treatment, artificial sweeteners, pharmaceuticals, food processing, and ore and mineral processing; and potassium hydroxide that is used in fertilizer manufacturing, soaps, detergents and cleaners, battery manufacturing, food processing chemicals, and deicers. The Chemical Distribution segment manufactures and sells bleach products; and distributes caustic soda, potassium hydroxide, and hydrochloric acid. The Winchester segment develops, manufactures, and sells gauges and calibers of shotgun shells, rimfire, and centerfire ammunition for pistols and rifles, reloading components and industrial cartridges; small caliber military ammunition for use in infantry and mounted weapons; and industrial products that are used in maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force and directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was founded in 1892 and is based in Clayton, Missouri.

4,100 Employees
Last Reported Date: 02/24/14
Founded in 1892

olin corp (OLN) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $930.0K
President and Chief Operating Officer
Total Annual Compensation: $470.0K
Vice President and President of Chlor Alkali ...
Total Annual Compensation: $338.0K
Senior Vice President of Operations
Total Annual Compensation: $450.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

olin corp (OLN) Key Developments

Olin Corp. Announces Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Declares Dividend, Payable on December 10, 2014; Provides Earnings Guidance for the Fourth Quarter and Revises Earnings Guidance for the Full Year of 2014

Olin Corp. announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported sales reported sales of $593.6 million compared with $670.7 million for the same period a year ago. Operating income was $57.3 million compared with $103.7 million for the same period a year ago. Income from continuing operations before taxes was $40.3 million compared with $93.0 million for the same period a year ago. Income from continuing operations was $26.1 million or $0.33 per diluted share compared with $69.7 million or $0.86 per diluted share for the same period a year ago. Net income was $26.1 million or $0.33 per diluted share compared with $69.7 million or $0.86 per diluted share for the same period a year ago. Adjusted EBITDA was $92.7 million compared with $138.8 million for the same period a year ago. Capital spending in the fourth quarter of 2014 was $17.2 million compared to $15.8 million in the third quarter of 2013. For the nine months, the company reported sales reported sales of $1,741.4 million compared with $1,952.9 million for the same period a year ago. Operating income was $177.9 million compared with $251.8 million for the same period a year ago. Income from continuing operations before taxes was $143.3 million compared with $219.5 million for the same period a year ago. Income from continuing operations was $92.2 million or $1.15 per diluted share compared with $153.9 million or $1.90 per diluted share for the same period a year ago. Net income was $92.9 million or $1.16 per diluted share compared with $153.9 million or $1.90 per diluted share for the same period a year ago. Adjusted EBITDA was $283.6 million compared with $355.4 million for the same period a year ago. Net cash provided by operating activities was $99.5 million compared with $241.7 million for the same period a year ago. Capital expenditures was $49.7 million compared with $70.4 million for the same period a year ago. The company provided earnings guidance for the fourth quarter and revised earnings guidance for the full year of 2014. Fourth quarter 2014 net income is forecast to be in the $0.20 to $0.25 per diluted share range. Chlor Alkali fourth quarter 2014 earnings are expected to improve compared to the fourth quarter of 2013 due to higher volumes and lower operating costs, partially offset by lower ECU netbacks. Fourth quarter 2014 Chemical Distribution earnings are expected to improve from the fourth quarter of 2013. Earnings in the Winchester segment are expected to decline from the record fourth quarter 2013 levels, but are expected to be similar to fourth quarter 2012 levels. Fourth quarter 2014 earnings are also expected to include pretax restructuring charges of approximately $1 million. As a result of the continued weaker than expected chlorine and caustic soda demand and pricing, the company have revised its full year adjusted EBITDA forecast to the $345 million to $365 million range. The company have further reduced its expectations for the full year 2014 capital spending and are now forecasting that the full year capital spending will be approximately $75 million. The company expects full year 2014 depreciation and amortization expense will be approximately $140 million. The company expects its full year 2014 effective tax rate to be in the 35% to 37% range. The Board of Directors declared a dividend of $0.20 on each share of company common stock. The dividend is payable on December 10, 2014 to shareholders of record at the close of business on November 10, 2014.

Olin Corp. to Report Q3, 2014 Results on Oct 23, 2014

Olin Corp. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Oct 23, 2014

Olin Corp., Q3 2014 Earnings Call, Oct 24, 2014

Olin Corp., Q3 2014 Earnings Call, Oct 24, 2014

 

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OLN

Industry Average

Valuation OLN Industry Range
Price/Earnings 15.9x
Price/Sales 0.8x
Price/Book 1.6x
Price/Cash Flow 15.6x
TEV/Sales 0.4x
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