Olin Corporation’s stock touched a 52-week low of $17.72 on Tuesday, extending a year-long decline that has erased 42% from its peak of $30.46.
The chemical producer’s shares are now down 10% year-to-date, 23% over the past six months and 22.7% over the last 12 months. The company’s dividend yield stands at 4.35%, supported by 53 consecutive years of payouts.
Olin reported an adjusted loss of $0.12 per share in the second quarter of 2026 on revenue of $1.74 billion, missing Wall Street’s forecast for a $0.12 per share profit on $1.81 billion in sales. The underperformance reflected volatile chemical markets, an unplanned plant outage and cash outflows tied to ongoing litigation.
Analysts trimmed their outlooks following the results. Wells Fargo downgraded Olin to Equal Weight from Overweight, citing weaker caustic soda pricing and a less supportive chlor alkali market. Truist Securities cut its price target to $20 from $24 and maintained a Hold rating, citing lingering outage-related costs. RBC Capital similarly reduced its target to $20 from $24 while keeping a Sector Perform rating, pointing to weaker third-quarter guidance from Olin.
