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 Friday, January 18th. Investors 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 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Thursday, February 21st. View PPG Industries' Dividend History.

PPG Industries announced that its board has initiated a stock buyback 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 reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) issued its quarterly earnings results on Thursday, January, 17th. The specialty chemicals company reported $1.15 EPS for the quarter, topping the consensus estimate 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 company's revenue was down 1.0% on a year-over-year basis. During the same period 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 guidance of $1.18-1.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42.

17 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' share price to reach $117.2450 in the next year. This suggests a possible upside of 6.5% 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.

Press coverage about PPG stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PPG Industries earned a news sentiment score of 0.6 on InfoTrie's scale. They also gave press coverage about the specialty chemicals company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

Some companies that are related to PPG Industries include Akzo Nobel (AKZOY), Akzo Nobel (AKZOD), 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), Johnson & Johnson (JNJ), Walt Disney (DIS), Home Depot (HD), Exxon Mobil (XOM), Alphabet (GOOG), Intel (INTC), AT&T (T), Starbucks (SBUX) and Pfizer (PFE).

PPG Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (10.06%), BlackRock Inc. (6.10%), Trian Fund Management L.P. (2.92%), Parnassus Investments CA (1.74%), Geode Capital Management LLC (1.18%) and Oregon Public Employees Retirement Fund (1.17%). 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 Two Sigma Advisers LP, APG Asset Management N.V., Standard Life Aberdeen plc, Martingale Asset Management L P, Gillespie Robinson & Grimm Inc., BTIM Corp., First Manhattan Co. and Parnassus Investments CA. View Insider Buying and Selling for PPG Industries.

PPG stock was bought by a variety of institutional investors in the last quarter, including Trian Fund Management L.P., Oregon Public Employees Retirement Fund, Massachusetts Financial Services Co. MA, Lord Abbett & CO. LLC, BlackRock Inc., Geode Capital Management LLC, AMF Pensionsforsakring AB and Dimensional Fund Advisors LP. 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 $110.13.

PPG Industries has a market capitalization of $26.42 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]