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, January 17th. Investors of record on Friday, February 22nd will be given a dividend of $0.48 per share on Tuesday, March 19th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.79%. View PPG Industries' Dividend History.

PPG Industries announced that its board has initiated a share repurchase program 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 repurchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

PPG Industries, Inc. (NYSE:PPG) issued its quarterly earnings data on Thursday, January, 17th. The specialty chemicals company reported $1.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.10 by $0.05. The specialty chemicals company had revenue of $3.65 billion for the quarter, compared to analysts' expectations of $3.65 billion. PPG Industries had a return on equity of 27.83% and a net margin of 8.34%. PPG Industries's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. View PPG Industries' Earnings History.

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 estimate of $1.42.

17 equities research analysts have issued 12 month target prices for PPG Industries' stock. Their predictions range from $96.43 to $136.00. On average, they anticipate PPG Industries' stock price to reach $117.0307 in the next twelve months. This suggests a possible upside of 9.0% 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 8 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.

News stories about PPG stock have been trending neutral recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PPG Industries earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned media headlines about the specialty chemicals company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock'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 many different of institutional and retail investors. Top institutional investors include BTIM Corp. (0.16%), Confluence Investment Management LLC (0.07%), Gulf International Bank UK Ltd (0.02%), Nisa Investment Advisors LLC (0.02%), DNB Asset Management AS (0.02%) and State of Alaska Department of Revenue (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 BTIM Corp., Gulf International Bank UK Ltd, Verity & Verity LLC, New England Research & Management Inc., First Midwest Bank Trust Division, TRUE Private Wealth Advisors, Louisiana State Employees Retirement System and CENTRAL TRUST Co. View Insider Buying and Selling for PPG Industries.

PPG stock was bought 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 Kistler Tiffany Companies 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 $107.36.

PPG Industries has a market capitalization of $24.23 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]