Sherwin-Williams - SHW Stock Forecast, Price & News

19 Wall Street 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 research analysts is that investors should "buy" SHW shares.
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19 brokerages have issued twelve-month target prices for Sherwin-Williams' shares. Their SHW share price forecasts range from $210.00 to $300.00. On average, they expect the company's share price to reach $253.39 in the next year. This suggests a possible upside of 16.8% 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 8.6% and is now trading at $217.02.
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Sherwin-Williams saw a increase in short interest in 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 days-to-cover ratio is presently 1.7 days. Approximately 1.1% of the company's shares are short sold.
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) issued its quarterly earnings data on Thursday, January, 26th. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.05. The specialty chemicals company had revenue of $5.23 billion for the quarter, compared to the consensus estimate of $5.26 billion. Sherwin-Williams had a net margin of 9.12% and a trailing twelve-month return on equity of 90.04%. Sherwin-Williams's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.34 EPS.
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Sherwin-Williams announced a quarterly dividend on Wednesday, February 15th. Investors of record on Monday, February 27th will be given a dividend of $0.605 per share on Friday, March 10th. This represents a $2.42 annualized dividend and a yield of 1.12%. The ex-dividend date is Friday, February 24th. This is a positive change 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 ETF (VAW), Fidelity MSCI Materials Index ETF (FMAT), iShares U.S. Home Construction ETF (ITB), ProShares Ultra 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 1.14%. 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 24.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.

Sherwin-Williams shares split before market open on Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly issued 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 issued an update on 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 EPS 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 a variety of institutional and retail investors. Top institutional investors 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 $217.02.

Sherwin-Williams (NYSE:SHW) has a market capitalization of $56.00 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.