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

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

PPG Industries declared a quarterly dividend on Wednesday, January 15th. Shareholders of record on Tuesday, January 21st will be given a dividend of $0.51 per share on Thursday, March 12th. This represents a $2.04 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend is Thursday, February 20th. View PPG Industries' Dividend History.

PPG Industries, Inc. (NYSE:PPG) issued its quarterly earnings data on Thursday, January, 16th. The specialty chemicals company reported $1.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.34 by $0.03. The specialty chemicals company had revenue of $3.67 billion for the quarter, compared to analysts' expectations of $3.67 billion. PPG Industries had a return on equity of 28.55% and a net margin of 8.21%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.15 EPS. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for PPG Industries.

PPG Industries updated its first quarter earnings guidance on Thursday, January, 16th. The company provided EPS guidance of $1.32-1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.53.

18 Wall Street analysts have issued 1 year price objectives for PPG Industries' stock. Their forecasts range from $103.00 to $155.00. On average, they anticipate PPG Industries' share price to reach $131.71 in the next twelve months. This suggests a possible upside of 4.7% 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 1 sell rating, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PPG Industries.

Media headlines about PPG stock have trended extremely negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PPG Industries earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave headlines about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for PPG Industries.

PPG Industries saw a drop in short interest in December. As of December 31st, there was short interest totalling 5,510,000 shares, a drop of 7.2% from the December 15th total of 5,940,000 shares. Based on an average daily trading volume, of 1,270,000 shares, the short-interest ratio is presently 4.3 days. Currently, 2.3% of the company's stock are short sold. View PPG Industries' Current Options Chain.

Some companies that are related to PPG Industries include FMC (FMC), Eastman Chemical (EMN), Huntsman (HUN), Olin (OLN) and LSB Industries (LXU).

Based on aggregate information from My MarketBeat watchlists, some companies that other PPG Industries investors own include Johnson & Johnson (JNJ), The Coca-Cola (KO), Home Depot (HD), Procter & Gamble (PG), Mcdonald's (MCD), Walt Disney (DIS), AT&T (T), PepsiCo (PEP), United Technologies (UTX) and Verizon Communications (VZ).

PPG Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include SPF Beheer BV (0.31%), Marathon Asset Management LLP (0.26%), Boston Trust Walden Corp (0.16%), New York State Teachers Retirement System (0.12%), Janney Montgomery Scott LLC (0.11%) and Strs Ohio (0.10%). Company insiders that own PPG Industries stock include Jean-Marie Greindl, Michael H Mcgarry, Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View Institutional Ownership Trends for PPG Industries.

PPG stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Boston Trust Walden Corp, Marathon Asset Management LLP, State of Alaska Department of Revenue, Strs Ohio, Meag Munich Ergo Kapitalanlagegesellschaft MBH, DNB Asset Management AS and New York State Teachers Retirement System. Company insiders that have sold PPG Industries company stock in the last year include Michael H Mcgarry, Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View Insider Buying and Selling for PPG Industries.

PPG stock was acquired by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Zurcher Kantonalbank Zurich Cantonalbank, SPF Beheer BV, J.W. Cole Advisors Inc., Tuttle Tactical Management, TRH Financial LLC, Assenagon Asset Management S.A. and TIAA FSB. 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, Robinhood, Fidelity and Charles Schwab.

One share of PPG stock can currently be purchased for approximately $125.81.

PPG Industries has a market capitalization of $29.75 billion and generates $15.15 billion in revenue each year. The specialty chemicals company earns $1.24 billion in net income (profit) each year or $6.22 on an earnings per share basis. PPG Industries employs 47,300 workers across the globe.View Additional Information About PPG Industries.

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]