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Organon & Co. (OGN)

Healthcare | Drug Manufacturers - General | Jersey City, United States | NYSE
9.76 USD +0.43 (4.609%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 9.71 -0.05 (-0.050%) ⇩ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 18, 2026, 10:07 p.m. EDT

The stock is a classic 'get watched' speculative play right now; the $12B buyout news drives the price up to $9.76, but the options flow screams 'downside protection,' with massive puts piled up at $5-$7.50. The fundamental mismatch is glaring: the company is hemorrhaging revenue (-5.3% growth), has a shot-glass balance sheet (1170% Debt/Equity), and analysts see no growth beyond Ziblet's 3.7E earnings. This makes the $12B target price look like a dangerous stretch unless a specific deal has actually closed. Long-term, this looks like a distress liquidation trade or a deep-value bet on a turnaround that hasn't happened yet (or perhaps the asset simply isn't worth the high dividend payouts until they kick in).

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.241398
AutoETS0.241399
MSTL0.249103
AutoTheta0.317576

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 47%
H-stat 5.47
Ljung-Box p 0.000
Jarque-Bera p 0.211
Excess Kurtosis -1.11
Attribute Value
Sector Healthcare
Ex Dividend Date 2026-02-22
Last Dividend Date 2026-02-22
Debt to Equity Ratio 1170.213
Revenue per Share 23.954
Market Cap 2,540,680,704
Trailing P/E 13.56
Forward P/E 2.62
Beta 0.64
Profit Margins 3.01%
Website https://www.organon.com

As of April 18, 2026, 10:07 p.m. EDT: Options activity reveals a contradiction between short-term pain selling and long-term bargain hunting. For near-term expirations (Apr-May), there is heavy Put OI concentrated at strikes of 6.0 and 7.5, creating a downside floor, while Call OI at 9.0-10.0 remains limited. However, significantly higher OTEY (Over The Money) Puts at strikes of 5.0 and 7.5 for Dec/Jan expirations show massive buying interest, suggesting speculators are positioning for a sustained decline or a 'buy the dip' thesis around established support levels. Conversely, extremely small volume and OI on >$20 Calls suggest the market is pricing out any immediate melt-up or M&A realization target in the near term, despite the news headlines.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.25% 0.98% 4.96%
Dividend History
Date Dividend Yield %
2026-02-23 0.02 0.252525
2025-11-20 0.02 0.281199
2025-08-15 0.02 0.212961
2025-05-12 0.02 0.231302
2025-02-24 0.28 1.874659
2024-11-12 0.28 1.847899
2024-08-16 0.28 1.439811
2024-05-10 0.28 1.455024
2024-02-23 0.28 1.628261
2023-11-10 0.28 2.750402
2023-08-17 0.28 1.397202
2023-05-12 0.28 1.520939
2023-02-24 0.28 1.257048
2022-11-10 0.28 1.315638
2022-08-12 0.28 1.061491
2022-05-13 0.28 0.949882
2022-02-25 0.28 0.890588
2021-11-19 0.28 1.079087
2021-08-20 0.28 1.024170
Additional Data
dividendRate 0.08
dividendYield 0.82
exDividendDate 2026-02-23
trailingAnnualDividendRate 0.34
trailingAnnualDividendYield 0.036441587
lastDividendValue 0.02
lastDividendDate 2026-02-23
dividendDate 2026-03-12

Info Dump

Attribute Value
52 Week Change -0.08184385
Address1 30 Hudson Street
Address2 Floor 33
All Time High 39.475
All Time Low 5.69
Ask 9.69
Ask Size 3,200
Audit Risk 9
Average Analyst Rating 3.4 - Hold
Average Daily Volume10 Day 10,841,930
Average Daily Volume3 Month 5,651,317
Average Volume 5,651,317
Average Volume10Days 10,841,930
Beta 0.638
Bid 9.68
Bid Size 1,300
Board Risk 2
Book Value 2.889
City Jersey City
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.76
Current Ratio 1.821
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 9.78
Day Low 9.2061
Debt To Equity 1,170.213
Display Name Organon &
Dividend Date 1,773,273,600
Dividend Rate 0.08
Dividend Yield 0.82
Earnings Call Timestamp End 1,778,157,000
Earnings Call Timestamp Start 1,778,157,000
Earnings Timestamp 1,778,157,000
Earnings Timestamp End 1,778,157,000
Earnings Timestamp Start 1,778,157,000
Ebitda 1,654,000,000
Ebitda Margins 0.26609
Enterprise To Ebitda 6.509
Enterprise To Revenue 1.732
Enterprise Value 10,766,681,088
Eps Current Year 3.46878
Eps Forward 3.72964
Eps Trailing Twelve Months 0.72
Esg Populated 0
Ex Dividend Date 1,771,804,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 7.0778
Fifty Day Average Change 2.6822004
Fifty Day Average Change Percent 0.37895963
Fifty Two Week Change Percent -8.184385
Fifty Two Week High 13.245
Fifty Two Week High Change -3.4849997
Fifty Two Week High Change Percent -0.26311815
Fifty Two Week Low 5.69
Fifty Two Week Low Change 4.07
Fifty Two Week Low Change Percent 0.71529
Fifty Two Week Range 5.69 - 13.245
Financial Currency USD
First Trade Date Milliseconds 1,620,999,000,000
Float Shares 258,709,502
Forward Eps 3.72964
Forward P E 2.6168747
Free Cashflow 190,124,992
Full Exchange Name NYSE
Full Time Employees 10,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.54344004
Gross Profits 3,377,999,872
Has Pre Post Market Data 1
Held Percent Insiders 0.0033000002
Held Percent Institutions 0.77568
Implied Shares Outstanding 260,315,650
Industry Drug Manufacturers - General
Industry Disp Drug Manufacturers - General
Industry Key drug-manufacturers-general
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,771,804,800
Last Dividend Value 0.02
Last Fiscal Year End 1,767,139,200
Long Business Summary Organon & Co. develops and delivers women health solutions through prescription therapies and medical devices in the United States, Europe, Canada, Japan, rest of the Asia Pacific, China, Latin America, the Middle East, Russia, Africa, and internationally. The company's women's health portfolio comprises contraception and fertility brands, such as Nexplanon, a long-acting reversible contraceptive; NuvaRing, a monthly vaginal contraceptive ring; Cerazette, Marvelon, and Mercilon, which are daily pills used to prevent pregnancy; Follistim AQ, which is used to promote the development of multiple ovarian follicles in medically assisted reproduction procedures; Elonva, a follicle stimulant; Ganirelix acetate injection, an injectable antagonist; Jada for abnormal postpartum uterine bleeding and hemorrhage; and Xaciato for bacterial vaginosis. Its biosimilars portfolio consists of immunology products, such as Brenzys, Renflexis, and Hadlima; oncology products, including Ontruzant and Aybintio; Bildyos and Bilprevda, a recombinant anti-RANKL human monoclonal antibodies; and Poherdy, a neu receptor antagonist. The company also offers cholesterol-modifying medicines under the Zetia, Ezetrol, Vytorin, Inegy, Atozet, Rosuzet, and Zocor brands; Cozaar and Hyzaar for hypertension; respiratory products used to control and prevent asthma-induced symptoms under the Singulair, Dulera, Zenhale, and Asmanex brands, as well as seasonal allergic rhinitis under the Nasonex, Clarinex, and Aerius brands. In addition, it provides dermatology products under the Vtama, Diprosone, and Elocon brand; bone health products under the Fosamax brand; and non-opioid pain management products under the Arcoxia, Diprospan, and Celestone brands, as well as Proscar for symptomatic benign prostatic hyperplasia; and Propecia for male pattern hair loss. The company serves drug wholesalers and retailers, hospitals, clinics, government agencies, health maintenance organizations, pharmacy benefit managers, and other institutions. Organon & Co. was founded in 1923 and is headquartered in Jersey City, New Jersey.
Long Name Organon & Co.
Market us_market
Market Cap 2,540,680,704
Market State CLOSED
Max Age 86,400
Message Board Id finmb_653748561
Most Recent Quarter 1,767,139,200
Net Income To Common 187,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,540,680,744
Number Of Analyst Opinions 7
Open 9.25
Operating Cashflow 700,000,000
Operating Margins 0.16191
Overall Risk 2
Payout Ratio 0.4722
Phone 551 430 6900
Post Market Change -0.05000019
Post Market Change Percent -0.51229703
Post Market Price 9.71
Post Market Time 1,776,470,308
Previous Close 9.33
Price Eps Current Year 2.8136694
Price Hint 2
Price To Book 3.3783317
Price To Sales Trailing12 Months 0.4087324
Profit Margins 0.030079998
Quick Ratio 0.84
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.375
Region US
Regular Market Change 0.43
Regular Market Change Percent 4.60879
Regular Market Day High 9.78
Regular Market Day Low 9.2061
Regular Market Day Range 9.2061 - 9.78
Regular Market Open 9.25
Regular Market Previous Close 9.33
Regular Market Price 9.76
Regular Market Time 1,776,456,002
Regular Market Volume 6,994,701
Return On Assets 0.06224
Return On Equity 0.30556
Revenue Growth -0.053
Revenue Per Share 23.954
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 1
Shares Outstanding 260,315,650
Shares Percent Shares Out 0.085
Shares Short 22,133,518
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 16,278,054
Short Name Organon & Co.
Short Percent Of Float 0.113299996
Short Ratio 6.5
Source Interval 15
State NJ
Symbol OGN
Target High Price 12.0
Target Low Price 5.0
Target Mean Price 9.0
Target Median Price 9.0
Total Cash 574,000,000
Total Cash Per Share 2.205
Total Debt 8,800,000,000
Total Revenue 6,216,000,000
Tradeable 0
Trailing Annual Dividend Rate 0.34
Trailing Annual Dividend Yield 0.036441587
Trailing Eps 0.72
Trailing P E 13.555555
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.37235
Two Hundred Day Average Change 1.3876505
Two Hundred Day Average Change Percent 0.16574205
Type Disp Equity
Volume 6,994,701
Website https://www.organon.com
Zip 7,302