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. Shareholders 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 annualized dividend and a yield of 1.84%. The ex-dividend date is Thursday, February 21st. View PPG Industries' Dividend History.

PPG Industries declared that its board has initiated a stock repurchase plan on Friday, December 15th 2017, which allows the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) posted its earnings results on Thursday, January, 17th. The specialty chemicals company reported $1.15 earnings per share 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 analysts' expectations of $3.65 billion. PPG Industries had a net margin of 8.84% and a return on equity of 27.86%. The business's revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the company 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 issued an update on its first quarter earnings guidance on Thursday, January, 17th. The company provided earnings per share (EPS) guidance of $1.18-1.23 for the period, compared to the Thomson Reuters consensus estimate of $1.42.

17 equities research analysts have issued 12-month price objectives for PPG Industries' stock. Their predictions range from $96.43 to $136.00. On average, they anticipate PPG Industries' stock price to reach $116.8879 in the next twelve months. This suggests a possible upside of 12.0% 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.

Media headlines about PPG stock have trended positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news 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 coverage optimism score of 2.4 on InfoTrie's scale. They also gave press coverage about the specialty chemicals company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

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

PPG Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BTIM Corp. (0.16%), Bank of Montreal Can (0.07%), Confluence Investment Management LLC (0.07%), Gulf International Bank UK Ltd (0.02%), Nisa Investment Advisors LLC (0.02%) and DNB Asset Management AS (0.02%). 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 Gillespie Robinson & Grimm Inc., BTIM Corp., Bank of Montreal Can, Gulf International Bank UK Ltd, Verity & Verity LLC, New England Research & Management Inc., First Midwest Bank Trust Division and TRUE Private Wealth Advisors. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., DNB Asset Management AS, Confluence Investment Management LLC, Nisa Investment Advisors LLC, Virtu Financial LLC, Hotaling Investment Management LLC, Fox Run Management L.L.C. and Dakota Wealth Management. 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 $104.35.

PPG Industries has a market capitalization of $25.03 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]