NYSE:PPG - PPG Industries Stock Price, Price Target & More

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

PPG Industries declared a quarterly dividend on Thursday, April 19th. Stockholders of record on Thursday, May 10th will be paid a dividend of $0.45 per share on Tuesday, June 12th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Wednesday, May 9th. View PPG Industries' Dividend History.

PPG Industries announced that its Board of Directors has authorized a share buyback program on Friday, December 15th 2017, which permits the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) released its earnings results on Thursday, April, 19th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.49 by $0.10. The specialty chemicals company earned $3.79 billion during the quarter, compared to analysts' expectations of $3.72 billion. PPG Industries had a return on equity of 26.53% and a net margin of 10.94%. PPG Industries's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.35 earnings per share. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for PPG Industries.

17 brokers have issued 12-month price targets for PPG Industries' stock. Their forecasts range from $113.00 to $139.00. On average, they anticipate PPG Industries' stock price to reach $122.25 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Ratings for PPG Industries.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to PPG Industries include BP (BP), Basf (BASFY), BHP Billiton (BLT), BHP Billiton (BHP), Basf (BAS), Rio Tinto plc ADR Common Stock (RIO), SHOWA DENKO KK/ADR (SHWDY), Suncor Energy (SU), Vale (VALE), Rio Tinto (RIO), GLENCORE PLC/ADR (GLNCY), Monsanto (MON), Glencore (GLEN), AIR LIQUIDE/ADR (AIQUY) and TC PIPELINES LP Common Stock (TRP).

News articles about PPG stock have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. PPG Industries earned a news sentiment score of 0.11 on Accern's scale. They also gave media coverage about the specialty chemicals company an impact score of 44.72 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

PPG Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.09%), Confluence Investment Management LLC (0.06%), Retirement Systems of Alabama (0.05%), Westpac Banking Corp (0.05%), Rathbone Brothers plc (0.04%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). Company insiders that own PPG Industries stock include Glenn E Bost II, Jean-Marie Greindl, Timothy M Knavish 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 Assenagon Asset Management S.A., Bank of Montreal Can, Fjarde AP Fonden Fourth Swedish National Pension Fund, Marshwinds Advisory Co., Retirement Systems of Alabama, Gateway Investment Advisers LLC, Trust Co. of Vermont and New England Research & Management Inc.. Company insiders that have sold PPG Industries company stock in the last year include Glenn E Bost II, Jean-Marie Greindl and Viktoras R Sekmakas. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Westpac Banking Corp, Rathbone Brothers plc, CenturyLink Investment Management Co, Calamos Advisors LLC, Cohen Klingenstein LLC, Fox Run Management L.L.C. and Campbell & CO Investment Adviser LLC. 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 $106.40.

PPG Industries has a market capitalization of $25.58 billion and generates $14.75 billion in revenue each year. The specialty chemicals company earns $1.59 billion in net income (profit) each year or $5.87 on an earnings per share basis. PPG Industries employs 28,200 workers across the globe.

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]