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. Investors 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 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, November 8th. View PPG Industries' Dividend History.

PPG Industries declared that its Board of Directors has authorized a share 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 purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

PPG Industries, Inc. (NYSE:PPG) issued its earnings results on Thursday, October, 18th. The specialty chemicals company reported $1.45 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.45. The specialty chemicals company earned $3.82 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the company earned $1.52 EPS. 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 issued an update on its fourth quarter earnings guidance on Thursday, October, 18th. The company provided earnings per share (EPS) guidance of $1.03-1.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.15. PPG Industries also updated its Q4 2018 guidance to $1.03-1.13 EPS.

18 equities research analysts have issued twelve-month target prices for PPG Industries' shares. Their forecasts range from $96.43 to $136.00. On average, they anticipate PPG Industries' share price to reach $117.0307 in the next twelve months. This suggests a possible upside of 14.5% 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 9 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PPG Industries.

Headlines about PPG stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PPG Industries earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned media coverage about the specialty chemicals company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the company's share price in the next few 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 a variety of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.07%), Gulf International Bank UK Ltd (0.02%), DNB Asset Management AS (0.02%), State of Alaska Department of Revenue (0.02%), CENTRAL TRUST Co (0.01%) and Pennsylvania Trust Co (0.01%). 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 Gulf International Bank UK Ltd, New England Research & Management Inc., TRUE Private Wealth Advisors, Louisiana State Employees Retirement System, CENTRAL TRUST Co, Pennsylvania Trust Co, Moody National Bank Trust Division and Gateway Investment Advisers LLC. View Insider Buying and Selling for PPG Industries.

PPG stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Confluence Investment Management LLC, Virtu Financial LLC, Fox Run Management L.L.C., Kistler Tiffany Companies LLC, Gofen & Glossberg LLC IL, Daiwa SB Investments Ltd. and Park National Corp OH. 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 $102.19.

PPG Industries has a market capitalization of $24.46 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]