NYSE:PPG - PPG Industries Stock Price, Forecast & News

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

PPG Industries announced a quarterly dividend on Wednesday, January 15th. Investors of record on Tuesday, January 21st will be paid a dividend of $0.51 per share on Thursday, March 12th. This represents a $2.04 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Thursday, February 20th. View PPG Industries' Dividend History.

PPG Industries, Inc. (NYSE:PPG) posted its quarterly earnings results on Thursday, January, 16th. The specialty chemicals company reported $1.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.34 by $0.03. The specialty chemicals company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.67 billion. PPG Industries had a return on equity of 28.55% and a net margin of 8.21%. The business's revenue was up .7% on a year-over-year basis. During the same period last year, the company earned $1.15 EPS. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for PPG Industries.

PPG Industries updated its first quarter earnings guidance on Thursday, January, 16th. The company provided EPS guidance of $1.32-1.42 for the period, compared to the Thomson Reuters consensus estimate of $1.53.

18 brokers have issued 12-month target prices for PPG Industries' stock. Their forecasts range from $103.00 to $155.00. On average, they anticipate PPG Industries' stock price to reach $131.71 in the next twelve months. This suggests a possible upside of 10.8% 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 1 sell rating, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PPG Industries.

News headlines about PPG stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. PPG Industries earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for PPG Industries.

PPG Industries saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 5,220,000 shares, a decline of 5.3% from the January 15th total of 5,510,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.2% of the company's stock are sold short. View PPG Industries' Current Options Chain.

Some companies that are related to PPG Industries include FMC (FMC), Eastman Chemical (EMN), Huntsman (HUN), Olin (OLN) and LSB Industries (LXU).

Based on aggregate information from My MarketBeat watchlists, some companies that other PPG Industries investors own include Johnson & Johnson (JNJ), The Coca-Cola (KO), Home Depot (HD), Procter & Gamble (PG), Mcdonald's (MCD), Walt Disney (DIS), AT&T (T), Cisco Systems (CSCO), PepsiCo (PEP) and United Technologies (UTX).

PPG Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (9.41%), State Street Corp (4.82%), Parnassus Investments CA (1.85%), Geode Capital Management LLC (1.35%), Bank of New York Mellon Corp (1.04%) and Charles Schwab Investment Advisory Inc. (0.97%). Company insiders that own PPG Industries stock include Jean-Marie Greindl, Michael H Mcgarry, Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View Institutional Ownership Trends for PPG Industries.

PPG stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, PGGM Investments, State Street Corp, SG Americas Securities LLC, Mawer Investment Management Ltd., Ceredex Value Advisors LLC, Pinebridge Investments L.P. and AJO LP. Company insiders that have sold PPG Industries company stock in the last year include Michael H Mcgarry, Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View Insider Buying and Selling for PPG Industries.

PPG stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Madison Asset Management LLC, First Trust Advisors LP, Lord Abbett & CO. LLC, Public Sector Pension Investment Board, Parnassus Investments CA, Bank of Montreal Can and Scopus Asset Management L.P.. 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, Robinhood, Fidelity and Charles Schwab.

One share of PPG stock can currently be purchased for approximately $118.91.

PPG Industries has a market capitalization of $28.12 billion and generates $15.15 billion in revenue each year. The specialty chemicals company earns $1.24 billion in net income (profit) each year or $6.22 on an earnings per share basis. PPG Industries employs 47,300 workers across the globe.View Additional Information About PPG Industries.

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]