NYSE:PPG - PPG Industries Stock Price, Price Target & More

PPG Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPG."

PPG Industries announced a quarterly dividend on Thursday, July 19th. Shareholders of record on Friday, August 10th will be given a dividend of $0.48 per share on Wednesday, September 12th. This represents a $1.92 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, August 9th. This is a positive change from PPG Industries's previous quarterly dividend of $0.45. View PPG Industries' Dividend History.

PPG Industries declared that its Board of Directors has approved a stock buyback plan on Friday, December 15th 2017, which allows the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

PPG Industries, Inc. (NYSE:PPG) posted its quarterly earnings data on Thursday, July, 19th. The specialty chemicals company reported $1.90 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.88 by $0.02. The specialty chemicals company had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.12 billion. PPG Industries had a net margin of 9.87% and a return on equity of 26.49%. The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.83 EPS. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Wednesday, October, 17th 2018. View Earnings Estimates for PPG Industries.

17 brokerages have issued 12 month price targets for PPG Industries' stock. Their predictions range from $110.00 to $139.00. On average, they expect PPG Industries' share price to reach $121.8750 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Ratings for PPG Industries.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to PPG Industries include BP (BP), Basf (BASFY), BHP Billiton (BLT), BHP Billiton (BHP), Basf (BAS), Rio Tinto plc ADR Common Stock (RIO), SHOWA DENKO KK/ADR (SHWDY), Suncor Energy (SU), Rio Tinto (RIO), Vale (VALE), GLENCORE PLC/ADR (GLNCY), Monsanto (MON), Glencore (GLEN), AIR LIQUIDE/ADR (AIQUY) and TC PIPELINES LP Common Stock (TRP).

Media coverage about PPG stock has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PPG Industries earned a media sentiment score of 0.04 on Accern's scale. They also assigned news coverage about the specialty chemicals company an impact score of 47.00 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

PPG Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.09%), Gillespie Robinson & Grimm Inc. (0.08%), Confluence Investment Management LLC (0.06%), Retirement Systems of Alabama (0.05%), Westpac Banking Corp (0.05%) and Rathbone Brothers plc (0.04%). Company insiders that own PPG Industries stock include Glenn E Bost II, Jean-Marie Greindl, Timothy M Knavish and Viktoras R Sekmakas. View Institutional Ownership Trends for PPG Industries.

PPG stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Bank of Montreal Can, Hartford Investment Management Co., Gillespie Robinson & Grimm Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Marshwinds Advisory Co., Retirement Systems of Alabama and Amalgamated Bank. Company insiders that have sold PPG Industries company stock in the last year include Glenn E Bost II, Jean-Marie Greindl and Viktoras R Sekmakas. View Insider Buying and Selling for PPG Industries.

PPG stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Westpac Banking Corp, Rathbone Brothers plc, CenturyLink Investment Management Co, Municipal Employees Retirement System of Michigan, Cornerstone Wealth Management LLC, LS Investment Advisors LLC and Calamos Advisors LLC. View Insider Buying and Selling for PPG Industries.

Shares of PPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PPG stock can currently be purchased for approximately $105.00.

PPG Industries has a market capitalization of $26.58 billion and generates $14.75 billion in revenue each year. The specialty chemicals company earns $1.59 billion in net income (profit) each year or $5.87 on an earnings per share basis. PPG Industries employs 28,200 workers across the globe.

PPG Industries' mailing address is ONE PPG PL 40 EAST, PITTSBURGH PA, 15272. The specialty chemicals company can be reached via phone at 412-434-3131 or via email at [email protected]