Sherwin-Williams - SHW Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last year. There are currently 1 sell rating, 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SHW shares.
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19 brokers have issued 1 year target prices for Sherwin-Williams' shares. Their SHW share price forecasts range from $210.00 to $300.00. On average, they anticipate the company's stock price to reach $253.39 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
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Sherwin-Williams' stock was trading at $237.33 on January 1st, 2023. Since then, SHW shares have decreased by 9.9% and is now trading at $213.93.
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Sherwin-Williams saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 2,540,000 shares, an increase of 21.0% from the February 13th total of 2,100,000 shares. Based on an average daily volume of 1,500,000 shares, the short-interest ratio is currently 1.7 days. Approximately 1.1% of the company's stock are sold short.
View Sherwin-Williams' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our SHW earnings forecast.

The Sherwin-Williams Company (NYSE:SHW) announced its quarterly earnings data on Thursday, January, 26th. The specialty chemicals company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.84 by $0.05. The specialty chemicals company earned $5.23 billion during the quarter, compared to analysts' expectations of $5.26 billion. Sherwin-Williams had a trailing twelve-month return on equity of 90.04% and a net margin of 9.12%. The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 earnings per share.
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Sherwin-Williams declared a quarterly dividend on Wednesday, February 15th. Shareholders of record on Monday, February 27th will be paid a dividend of $0.605 per share on Friday, March 10th. This represents a $2.42 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Friday, February 24th. This is an increase from the stock's previous quarterly dividend of $0.60.
Read our dividend analysis for SHW.

ETFs with the largest weight of Sherwin-Williams (NYSE:SHW) stock in their portfolio include Materials Select Sector SPDR Fund (XLB), Natixis Vaughan Nelson Select ETF (VNSE), Vanguard Materials Index Fund (VAW), Fidelity MSCI Materials Index ETF (FMAT), iShares U.S. Home Construction ETF (ITB), ProShares Ultra Basic Materials (UYM), Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL) and Invesco S&P 500 Equal Weight Materials ETF (RTM).

Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.42 per share and currently has a dividend yield of 1.15%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 23.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.

Sherwin-Williams's stock split on Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly created shares were issued to shareholders after the closing bell on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Sherwin-Williams updated its FY 2023 earnings guidance on Thursday, January, 26th. The company provided EPS guidance of $7.95-$8.65 for the period, compared to the consensus earnings per share estimate of $10.14. The company issued revenue guidance of -.

1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com. John Morikis has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sherwin-Williams investors own include Johnson & Johnson (JNJ), Home Depot (HD), AbbVie (ABBV), Visa (V), Walmart (WMT), McDonald's (MCD), NVIDIA (NVDA), AT&T (T), Mastercard (MA) and Walt Disney (DIS).

Sherwin-Williams trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHW."

Sherwin-Williams' stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (3.84%), Morgan Stanley (2.00%), Geode Capital Management LLC (1.58%), Fiera Capital Corp (1.28%), Alliancebernstein L.P. (1.06%) and Clearbridge Investments LLC (0.84%). Insiders that own company stock include Aaron M Erter, Aaron M Erter, Allen J Mistysyn, Allen J Mistysyn, Brian E Padden, Bryan J Young, David B Sewell, Jane M Cronin, Jane M Cronin, Joel D Baxter, John G Morikis, Joseph F Sladek, Justin T Binns, Justin T Binns, Mary L Garceau, Peter J Ippolito, Peter J Ippolito, Susan J Kropf and Thomas P Gilligan.
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Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SHW stock can currently be purchased for approximately $213.93.

Sherwin-Williams (NYSE:SHW) has a market capitalization of $55.20 billion and generates $22.15 billion in revenue each year. The specialty chemicals company earns $2.02 billion in net income (profit) each year or $7.72 on an earnings per share basis.

The company employs 64,366 workers across the globe.

Sherwin-Williams' mailing address is 101 WEST PROSPECT AVE, CLEVELAND OH, 44115. The official website for the company is www.sherwin-williams.com. The specialty chemicals company can be reached via phone at (216) 566-2000, via email at investor.relations@sherwin.com, or via fax at 216-566-3310.