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 Friday, January 18th. Stockholders of record on Friday, February 22nd will be given a dividend of $0.48 per share on Tuesday, March 12th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Thursday, February 21st. View PPG Industries' Dividend History.

PPG Industries announced that its Board of Directors has initiated a stock repurchase program on Friday, December 15th 2017, which authorizes the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) announced its quarterly earnings data on Thursday, January, 17th. The specialty chemicals company reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.05. The specialty chemicals company earned $3.65 billion during the quarter, compared to analyst estimates of $3.65 billion. PPG Industries had a return on equity of 27.86% and a net margin of 8.84%. PPG Industries's revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 EPS. 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 estimate of $1.42.

17 brokers have issued twelve-month price objectives for PPG Industries' stock. Their forecasts range from $96.43 to $136.00. On average, they anticipate PPG Industries' stock price to reach $117.2450 in the next year. This suggests a possible upside of 7.5% 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.

Press coverage about PPG stock has been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PPG Industries earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

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

PPG Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (10.06%), BlackRock Inc. (6.10%), Trian Fund Management L.P. (2.92%), Parnassus Investments CA (1.74%), Geode Capital Management LLC (1.18%) and Oregon Public Employees Retirement Fund (1.17%). 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 Two Sigma Advisers LP, Standard Life Aberdeen plc, Martingale Asset Management L P, Gillespie Robinson & Grimm Inc., BTIM Corp., First Manhattan Co., Parnassus Investments CA and Paloma Partners Management Co. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including Trian Fund Management L.P., Oregon Public Employees Retirement Fund, Massachusetts Financial Services Co. MA, Lord Abbett & CO. LLC, BlackRock Inc., Geode Capital Management LLC, AMF Pensionsforsakring AB and Dimensional Fund Advisors LP. 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 $109.11.

PPG Industries has a market capitalization of $26.17 billion and generates $15.37 billion in revenue each year. The specialty chemicals company earns $1.34 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]