PPG Industries Stock Price, News & Analysis (NYSE:PPG)

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

PPG Industries announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Monday, August 12th will be given a dividend of $0.51 per share on Thursday, September 12th. This represents a $2.04 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, August 9th. This is an increase from PPG Industries's previous quarterly dividend of $0.48. View PPG Industries' Dividend History.

PPG Industries announced that its board has approved a stock buyback program on Friday, December 15th 2017, which authorizes the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its stock is undervalued.

PPG Industries, Inc. (NYSE:PPG) released its quarterly earnings data on Thursday, July, 18th. The specialty chemicals company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.02. The specialty chemicals company earned $4.02 billion during the quarter, compared to analyst estimates of $4.10 billion. PPG Industries had a net margin of 8.07% and a return on equity of 27.89%. The firm's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.90 earnings per share. View PPG Industries' Earnings History.

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

PPG Industries will be holding an earnings conference call on Thursday, October 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

PPG Industries issued an update on its third quarter earnings guidance on Thursday, July, 18th. The company provided EPS guidance of $1.57-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.68.

16 analysts have issued 1 year target prices for PPG Industries' stock. Their predictions range from $103.00 to $140.00. On average, they expect PPG Industries' share price to reach $124.00 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for PPG Industries.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 2 sell ratings, 6 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PPG Industries.

Media stories about PPG stock have been trending positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PPG Industries earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for PPG Industries.

PPG Industries saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 4,470,000 shares, a decrease of 9.9% from the August 15th total of 4,960,000 shares. Based on an average daily volume of 1,130,000 shares, the short-interest ratio is presently 4.0 days. Approximately 1.9% of the shares of the company are short sold. View PPG Industries' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other PPG Industries investors own include Johnson & Johnson (JNJ), Mcdonald's (MCD), Home Depot (HD), The Coca-Cola (KO), Exxon Mobil (XOM), Procter & Gamble (PG), United Technologies (UTX), Walt Disney (DIS), PepsiCo (PEP) and Chevron (CVX).

PPG Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Meyer Handelman Co. (0.09%), Confluence Investment Management LLC (0.08%), State of Alaska Department of Revenue (0.04%), DNB Asset Management AS (0.02%), Verity & Verity LLC (0.02%) and Pacer Advisors Inc. (0.01%). 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 Gateway Investment Advisers LLC, NuWave Investment Management LLC, CenturyLink Investment Management Co, SevenBridge Financial Group LLC, Cerebellum GP LLC, Meyer Handelman Co., Oliver Luxxe Assets LLC and Crossmark Global Holdings Inc.. 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, DNB Asset Management AS, Confluence Investment Management LLC, Gofen & Glossberg LLC IL, Ferguson Wellman Capital Management Inc., Sumitomo Mitsui DS Asset Management Company Ltd, Pacer Advisors Inc. and North Star Investment Management Corp.. 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 $118.96.

PPG Industries has a market capitalization of $28.11 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 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]