NYSE:PPG - PPG Industries Stock Price, News, & Analysis

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

PPG Industries announced a quarterly dividend on Thursday, October 18th. Investors of record on Monday, November 12th will be paid a dividend of $0.48 per share on Wednesday, December 12th. This represents a $1.92 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Thursday, November 8th. View PPG Industries' Dividend History.

PPG Industries announced that its board has initiated a share repurchase plan on Friday, December 15th 2017, which authorizes the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) posted its quarterly earnings results on Thursday, October, 18th. The specialty chemicals company reported $1.45 earnings per share for the quarter, meeting the consensus estimate of $1.45. The specialty chemicals company had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.81 billion. PPG Industries had a return on equity of 27.83% and a net margin of 8.34%. PPG Industries's revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.52 earnings per share. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for PPG Industries.

PPG Industries updated its fourth quarter earnings guidance on Thursday, October, 18th. The company provided earnings per share (EPS) guidance of $1.03-1.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.15. PPG Industries also updated its Q4 2018 guidance to $1.03-1.13 EPS.

18 Wall Street analysts have issued twelve-month price objectives for PPG Industries' shares. Their predictions range from $105.00 to $139.00. On average, they anticipate PPG Industries' share price to reach $119.00 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for PPG Industries.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 10 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PPG Industries.

News stories about PPG stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PPG Industries earned a news sentiment score of 3.9 on InfoTrie's scale. They also gave news articles about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to PPG Industries include Akzo Nobel (AKZOY), Nippon Paint (NPCPF), RPM International (RPM), Axalta Coating Systems (AXTA) and Ferro (FOE).

PPG Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (9.80%), Vanguard Group Inc. (8.33%), BlackRock Inc. (6.03%), Clearbridge Investments LLC (2.07%), Wells Fargo & Company MN (1.46%) and Capital World Investors (1.06%). Company insiders that own PPG Industries stock include Glenn E Bost II, Jean-Marie Greindl 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 Capital Research Global Investors, FMR LLC, BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, Clearbridge Investments LLC, Deutsche Bank AG, Vanguard Group Inc. and Capital World Investors. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Massachusetts Financial Services Co. MA, Morgan Stanley, Dimensional Fund Advisors LP, Luminus Management LLC, Mondrian Investment Partners LTD, Wells Fargo & Company MN and The Manufacturers Life Insurance Company . 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 $103.23.

PPG Industries has a market capitalization of $24.76 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.

The official website for PPG Industries is http://www.ppg.com.

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]