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 paid a dividend of $0.48 per share on Tuesday, March 12th. This represents a $1.92 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Thursday, February 21st. View PPG Industries' Dividend History.

PPG Industries declared that its Board of Directors has initiated a stock repurchase plan on Friday, December 15th 2017, which allows the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

PPG Industries, Inc. (NYSE:PPG) announced its quarterly earnings data on Thursday, January, 17th. The specialty chemicals company reported $1.15 EPS for the quarter, beating the Zacks' 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 28.47% and a net margin of 8.84%. The company's revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the business 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 updated its first quarter earnings guidance on Thursday, January, 17th. The company provided earnings per share (EPS) guidance of $1.18-1.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.42.

16 equities research analysts have issued twelve-month price targets for PPG Industries' stock. Their forecasts range from $96.43 to $136.00. On average, they expect PPG Industries' stock price to reach $116.8792 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for PPG Industries.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 8 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 coverage about PPG stock has been trending somewhat negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PPG Industries earned a daily sentiment score of -1.2 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely 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 Linde (LIN), BHP Group (BHP), Rio Tinto (RIO), Suncor Energy (SU), Basf (BASFY), Vale (VALE), Basf (BAS), GLENCORE PLC/ADR (GLNCY), Tc Pipelines (TRP), AIR LIQUIDE/ADR (AIQUY), Rio Tinto (RIO), SHOWA DENKO KK/ADR (SHWDY), Ecolab (ECL), BHP Group (BBL) and Nutrien (NTR).

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), Mcdonald's (MCD), Alphabet (GOOG), AT&T (T), Intel (INTC) and Starbucks (SBUX).

PPG Industries' stock is owned by a variety 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, FMR LLC, APG Asset Management N.V., Standard Life Aberdeen plc, Martingale Asset Management L P, Gillespie Robinson & Grimm Inc., BTIM Corp. and First Manhattan Co.. 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, Norges Bank, Lord Abbett & CO. LLC, BlackRock Inc., Geode Capital Management LLC and AMF Pensionsforsakring AB. 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 $110.95.

PPG Industries has a market capitalization of $26.20 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]