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 declared a quarterly dividend on Thursday, October 18th. Stockholders of record on Monday, November 12th will be paid a dividend of $0.48 per share on Wednesday, December 12th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Thursday, November 8th. View PPG Industries' Dividend History.

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

PPG Industries, Inc. (NYSE:PPG) posted its quarterly earnings results on Thursday, October, 18th. The specialty chemicals company reported $1.45 earnings per share for the quarter, meeting the Zacks' consensus estimate of $1.45. The specialty chemicals company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.81 billion. PPG Industries had a net margin of 8.34% and a return on equity of 27.83%. PPG Industries's revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 earnings per share. View PPG Industries' Earnings History.

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

PPG Industries updated its fourth quarter earnings guidance on Thursday, October, 18th. The company provided earnings per share guidance of $1.03-1.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.15. PPG Industries also updated its Q4 2018 guidance to $1.03-1.13 EPS.

18 Wall Street analysts have issued 1 year target prices for PPG Industries' shares. Their predictions range from $105.00 to $139.00. On average, they expect PPG Industries' stock price to reach $119.00 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for PPG Industries.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 10 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 stories about PPG stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog 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 daily sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely 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 (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 Massachusetts Financial Services Co. MA (9.80%), Vanguard Group Inc. (8.33%), Vanguard Group Inc (8.33%), BlackRock Inc. (6.03%), Clearbridge Investments LLC (2.07%) and Wells Fargo & Company MN (1.46%). 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 Capital Research Global Investors, FMR LLC, BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, Clearbridge Investments LLC, Deutsche Bank AG, Vanguard Group Inc. and Vanguard Group Inc. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Massachusetts Financial Services Co. MA, Morgan Stanley, Dimensional Fund Advisors LP, Luminus Management LLC, Mondrian Investment Partners LTD, Wells Fargo & Company MN and The Manufacturers Life Insurance Company . 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 $100.90.

PPG Industries has a market capitalization of $24.72 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.

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]