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 Thursday, April 18th. Stockholders of record on Friday, May 10th will be given a dividend of $0.48 per share on Wednesday, June 12th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Thursday, May 9th. View PPG Industries' Dividend History.

PPG Industries announced that its board has authorized a share 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 often a sign that the company's management believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) announced its quarterly earnings data on Thursday, April, 18th. The specialty chemicals company reported $1.38 EPS for the quarter, topping the Zacks' consensus estimate of $1.21 by $0.17. The specialty chemicals company earned $3.62 billion during the quarter, compared to analyst estimates of $3.69 billion. PPG Industries had a return on equity of 28.72% and a net margin of 8.67%. PPG Industries's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the company posted $1.39 earnings per share. View PPG Industries' Earnings History.

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

PPG Industries issued an update on its second quarter earnings guidance on Thursday, April, 18th. The company provided earnings per share (EPS) guidance of $1.76-1.86 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.87.

15 brokers have issued 1 year target prices for PPG Industries' stock. Their predictions range from $96.43 to $136.00. On average, they expect PPG Industries' stock price to reach $117.0358 in the next year. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for PPG Industries.

15 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, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PPG Industries.

News coverage about PPG stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press 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 positive five, with scores nearest to five being the most favorable. PPG Industries earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

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 General Electric (GE), Walt Disney (DIS), Johnson & Johnson (JNJ), Home Depot (HD), Exxon Mobil (XOM), Mattel (MAT), Mcdonald's (MCD), AT&T (T), United Technologies (UTX) and PepsiCo (PEP).

PPG Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BTIM Corp. (0.18%), Strs Ohio (0.13%), Confluence Investment Management LLC (0.08%), Retirement Systems of Alabama (0.05%), Calamos Advisors LLC (0.03%) and First Manhattan Co. (0.03%). 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 First Manhattan Co., BNP Paribas Arbitrage SA, Meeder Asset Management Inc., Gillespie Robinson & Grimm Inc., Moody National Bank Trust Division, Pensionfund DSM Netherlands, Pensionfund Sabic and Huntington National Bank. View Insider Buying and Selling for PPG Industries.

PPG stock was bought by a variety of institutional investors in the last quarter, including BTIM Corp., Pacer Advisors Inc., Confluence Investment Management LLC, Nisa Investment Advisors LLC, Strs Ohio, Field & Main Bank, Spearhead Capital Advisors LLC and Mercer Global Advisors Inc. ADV. 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 $115.53.

PPG Industries has a market capitalization of $27.28 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.

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]