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 declared a quarterly dividend on Friday, January 18th. Investors of record on Friday, February 22nd will be paid a dividend of $0.48 per share on Tuesday, March 12th. This represents a $1.92 annualized dividend and a yield of 1.82%. The ex-dividend date is Thursday, February 21st. View PPG Industries' Dividend History.

PPG Industries announced that its board has authorized a stock buyback program on Friday, December 15th 2017, which authorizes the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) issued its quarterly earnings results on Thursday, January, 17th. The specialty chemicals company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.05. The specialty chemicals company earned $3.65 billion during the quarter, compared to analysts' expectations of $3.65 billion. PPG Industries had a net margin of 8.84% and a return on equity of 27.86%. The firm's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.19 earnings per share. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for PPG Industries.

PPG Industries updated its first quarter earnings guidance on Thursday, January, 17th. The company provided earnings per share guidance of $1.18-1.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.42.

17 Wall Street analysts have issued 1-year price objectives for PPG Industries' stock. Their predictions range from $96.43 to $136.00. On average, they expect PPG Industries' stock price to reach $116.8879 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for PPG Industries.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 9 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.

Media stories about PPG stock have trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. PPG Industries earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned media headlines about the specialty chemicals company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.

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 a number of of institutional and retail investors. Top institutional investors include BTIM Corp. (0.16%), Confluence Investment Management LLC (0.07%), Gulf International Bank UK Ltd (0.02%), Nisa Investment Advisors LLC (0.02%), DNB Asset Management AS (0.02%) and State of Alaska Department of Revenue (0.02%). 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 BTIM Corp., Gulf International Bank UK Ltd, Verity & Verity LLC, New England Research & Management Inc., First Midwest Bank Trust Division, TRUE Private Wealth Advisors, Louisiana State Employees Retirement System and CENTRAL TRUST Co. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., DNB Asset Management AS, Confluence Investment Management LLC, Nisa Investment Advisors LLC, Virtu Financial LLC, Hotaling Investment Management LLC, Fox Run Management L.L.C. and Kistler Tiffany Companies 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 $105.43.

PPG Industries has a market capitalization of $25.75 billion and generates $15.37 billion in revenue each year. The specialty chemicals company earns $1.59 billion in net income (profit) each year or $5.92 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]