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 declared a quarterly dividend on Thursday, October 17th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.51 per share on Thursday, December 12th. This represents a $2.04 annualized dividend and a dividend yield of 1.64%. 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 buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) released its quarterly earnings data on Thursday, October, 17th. The specialty chemicals company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.06. The specialty chemicals company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.89 billion. PPG Industries had a net margin of 8.00% and a return on equity of 28.90%. PPG Industries's revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the business earned $1.45 earnings per share. View PPG Industries' Earnings History.

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

PPG Industries issued an update on its FY19 earnings guidance on Thursday, October, 17th. The company provided earnings per share guidance of $6.17-6.27 for the period, compared to the Thomson Reuters consensus estimate of $6.25.

17 brokers have issued 12-month price objectives for PPG Industries' shares. Their forecasts range from $103.00 to $140.00. On average, they expect PPG Industries' stock price to reach $126.13 in the next year. This suggests a possible upside of 1.2% 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 1 sell rating, 7 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PPG Industries.

News coverage about PPG stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PPG Industries earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for PPG Industries.

PPG Industries saw a decline in short interest in September. As of September 15th, there was short interest totalling 4,470,000 shares, a decline of 9.9% from the August 15th total of 4,960,000 shares. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is presently 4.0 days. Approximately 1.9% of the company's stock are sold short. 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), 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 Cisco Systems (CSCO).

PPG Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.11%), Meyer Handelman Co. (0.09%), Confluence Investment Management LLC (0.08%), State of Alaska Department of Revenue (0.04%), Envestnet Asset Management Inc. (0.04%) and Calamos Advisors LLC (0.03%). 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 Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, Strs Ohio, Stephens Inc. AR, NuWave Investment Management LLC, Zeke Capital Advisors LLC, CenturyLink Investment Management Co and SevenBridge Financial Group LLC. 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 State of Alaska Department of Revenue, DNB Asset Management AS, Confluence Investment Management LLC, Envestnet Asset Management Inc., Calamos Advisors LLC, Gofen & Glossberg LLC IL, Iowa State Bank and Ferguson Wellman Capital Management Inc.. 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 $124.65.

PPG Industries has a market capitalization of $29.45 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]