NYSE:TG

Tredegar (TG) Stock Forecast, Price & News

$7.66

+0.40 (+5.51%)

(As of 06/2/2023 ET)

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Today's Range: $7.37
▼
$7.67
50-Day Range: $7.02
▼
$9.42
52-Week Range: $6.95
▼
$12.67

Volume: 208,722 shs
Average Volume: 154,140 shs
Market Capitalization: $260.36 million

P/E Ratio: 23.21
Dividend Yield: 6.79%
Price Target: N/A

Tredegar MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.70% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -3.84
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.34 out of 5 stars

Basic Materials Sector

154th out of 164 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

7th out of 7 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tredegar.

3.0

Short Interest

Percentage of Shares Shorted
2.70% of the float of Tredegar has been sold short.
Short Interest Ratio / Days to Cover
Tredegar has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Tredegar has recently decreased by 4.79%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Tredegar is a leading dividend payer. It pays a dividend yield of 7.40%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tredegar has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Tredegar is 157.58%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tredegar has received a -136.94% net impact score from Upright. The largest negative impact of Tredegar in category "GHG emissions" seems to be driven mostly by its "Optical interlayer film", "Aluminium products", and "Shrink film" products. See details.
Environmental Sustainability
The Environmental Impact score for Tredegar is -3.84.

0.6

News and Social Media Coverage

Search Interest
3 people have searched for TG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tredegar insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.95% of the stock of Tredegar is held by insiders.
Percentage Held by Institutions
61.82% of the stock of Tredegar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tredegar is 23.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tredegar is 23.21, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 96.16.
Price to Book Value per Share Ratio
Tredegar has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tredegar (NYSE:TG) Stock

Tredegar Corp. engages in the manufacture of polyethylene (PE) plastic films, polyester films, and aluminum extrusions. It operates through the following segments: PE Films, Flexible Packaging Films and Aluminum Extrusions. The PE Films segment manufactures plastic films, elastics, and laminate materials utilized in personal care materials, surface protection films and specialty and optical lighting applications. The Flexible Packaging Films segment produces polyester-based films for use in packaging applications. The Aluminum Extrusions segment provides soft-alloy and medium-strength aluminum extrusions for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. The company was founded in 1988 and is headquartered in Richmond, VA.

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TG Stock News Headlines

May 18, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Tredegar (NYSE:TG)

May 8, 2023 | msn.com

Hot Stocks: ZS jumps on earnings; CTLT, TG plunge; SHOP sets 52-week high

June 3, 2023 | Legacy Research (Affiliate) (Ad)

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May 8, 2023 | marketwatch.com

Tredegar Shares Slide 16% to 27-Year Low on 1Q Revenue Decline

May 8, 2023 | finance.yahoo.com

Tredegar Reports First Quarter 2023 Results

May 7, 2023 | americanbankingnews.com

Tredegar (TG) Set to Announce Quarterly Earnings on Monday

May 5, 2023 | sg.finance.yahoo.com

Tredegar Corporation (TG) stock historical prices & data – Yahoo Finance

April 26, 2023 | finance.yahoo.com

Tredegar Will Host Virtual Annual Meeting of Shareholders; Announces Schedule for First-Quarter Earnings

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April 25, 2023 | travel.usnews.com

The American Civil War Museum

April 21, 2023 | nasdaq.com

Gamco Investors, Inc. Et Al Now Owns 11.30% of Tredegar (TG)

April 4, 2023 | finance.yahoo.com

TSLOTS Aluminum Framing System to Expand Operations into Southeastern U.S.

March 21, 2023 | americanbankingnews.com

Tredegar Co. (NYSE:TG) to Issue $0.13 Quarterly Dividend

March 18, 2023 | markets.businessinsider.com

Tredegar Q4 Net Income From Ongoing Operations Declines; Net Sales Down 11.8%

March 16, 2023 | msn.com

Tredegar Non-GAAP EPS of $0.02, revenue of $182.9M

March 16, 2023 | finance.yahoo.com

Tredegar Reports Fourth Quarter and Full Year 2022 Results

March 11, 2023 | msn.com

Tredegar (TG) Declares $0.13 Dividend

March 10, 2023 | msn.com

Tredegar declares $0.13 dividend

March 9, 2023 | businesswire.com

Tredegar Plans to Release Fourth Quarter 2022 Financial Results on March 16, 2023

March 5, 2023 | msn.com

Blossom tree at Tredegar House will help connect more people to nature

February 27, 2023 | finance.yahoo.com

Tredegar Corporation's (NYSE:TG) Stock Is Going Strong: Have Financials A Role To Play?

February 11, 2023 | msn.com

Tredegar mum praises 'incredibly rewarding' apprenticeship for career in care

January 18, 2023 | finance.yahoo.com

Tredegar (NYSE:TG) shareholders have endured a 14% loss from investing in the stock three years ago

January 9, 2023 | finance.yahoo.com

Tredegar Announces Retirement of John D. Gottwald

December 26, 2022 | seekingalpha.com

New ERP Software And The Internet Of Things May Push Tredegar's Price Up

December 22, 2022 | finance.yahoo.com

A Look At The Fair Value Of Tredegar Corporation (NYSE:TG)

November 28, 2022 | bbc.com

New Tredegar

See More Headlines

TG Price History

30 days | 90 days | 365 days | Advanced Chart

TG Company Calendar

Last Earnings: 3/16/2023
Ex-Dividend for 4/1 Dividend: 3/23/2023
Dividend Payable: 4/01/2023
Today: 6/02/2023
Ex-Dividend for 7/3 Dividend: 6/15/2023
Dividend Payable: 7/03/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Rolling, drawing, & extruding of nonferrous metals
Sub-Industry: Commodity Chemicals
Sector: Basic Materials
Current Symbol: NYSE:TG
CUSIP: 89465010
CIK: 850429
Web: www.tredegar.com
Phone: (804) 330-1000
Fax: 804-330-1177
Employees: 2,300
Year Founded: 1989

Profitability

EPS (Most Recent Fiscal Year): $0.33
Trailing P/E Ratio: 23.21
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $28.45 million
Net Margins: 1.23%
Pretax Margin: 1.67%
Return on Equity: 12.13%
Return on Assets: 4.56%

Debt

Debt-to-Equity Ratio: 0.77
Current Ratio: 1.96
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $938.56 million
Price / Sales: 0.28
Cash Flow: $2.18 per share
Price / Cash Flow: 3.52
Book Value: $5.93 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 33,990,000
Free Float: 31,964,000
Market Cap: $260.36 million
Optionable: Optionable
Beta: 0.93

Social Links

Key Executives

John M. Steitz
President, Chief Executive Officer & Director

D. Andrew Edwards
Chief Financial Officer & Executive Vice President

Kevin C. Donnelly
Secretary, Vice President & General Counsel

Frasier W. Brickhouse
Treasurer & Controller

Neill Bellamy
Director-Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TG Stock - Frequently Asked Questions

How have TG shares performed in 2023?: Tredegar's stock was trading at $10.22 on January 1st, 2023. Since then, TG stock has decreased by 25.0% and is now trading at $7.66.
View the best growth stocks for 2023 here.
When is Tredegar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our TG earnings forecast.
How were Tredegar's earnings last quarter?: Tredegar Co. (NYSE:TG) posted its quarterly earnings data on Thursday, March, 16th. The basic materials company reported $0.02 EPS for the quarter. The basic materials company earned $189.15 million during the quarter. Tredegar had a net margin of 1.23% and a trailing twelve-month return on equity of 12.13%.
How often does Tredegar pay dividends? What is the dividend yield for Tredegar?: Tredegar announced a quarterly dividend on Friday, May 5th. Stockholders of record on Monday, June 19th will be given a dividend of $0.13 per share on Monday, July 3rd. This represents a $0.52 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date is Thursday, June 15th.
Read our dividend analysis for TG.
What ETFs hold Tredegar's stock?: ETFs with the largest weight of Tredegar (NYSE:TG) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap 600 Pure Value ETF (RZV), iShares U.S. Infrastructure ETF (IFRA), Invesco S&P SmallCap Materials ETF (PSCM), First Trust Dow Jones Select Microcap Index Fund (FDM) and Hartford Multifactor Small Cap ETF (ROSC).
Is Tredegar a good dividend stock?: Tredegar (NYSE:TG) pays an annual dividend of $0.52 per share and currently has a dividend yield of 7.40%. TG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 157.58%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TG.
What is Nancy M. Taylor's approval rating as Tredegar's CEO?: 10 employees have rated Tredegar Chief Executive Officer Nancy M. Taylor on Glassdoor.com. Nancy M. Taylor has an approval rating of 23% among the company's employees. This puts Nancy M. Taylor in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Tredegar own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tredegar investors own include Netflix (NFLX), Verizon Communications (VZ), Ford Motor (F), AT&T (T), Vishay Intertechnology (VSH), Walt Disney (DIS), Energy Transfer (ET), General Electric (GE), Pfizer (PFE) and Pure Storage (PSTG).

What is Tredegar's stock symbol?: Tredegar trades on the New York Stock Exchange (NYSE) under the ticker symbol "TG."
Who are Tredegar's major shareholders?: Tredegar's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.87%), Gamco Investors INC. ET AL (10.88%), Dimensional Fund Advisors LP (6.11%), State Street Corp (3.19%), Hotchkis & Wiley Capital Management LLC (1.75%) and Gabelli Funds LLC (1.50%).
View institutional ownership trends.
How do I buy shares of Tredegar?: Shares of TG 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.
Compare Top Brokerages Here.
What is Tredegar's stock price today?: One share of TG stock can currently be purchased for approximately $7.66.
How much money does Tredegar make?: Tredegar (NYSE:TG) has a market capitalization of $260.36 million and generates $938.56 million in revenue each year. The basic materials company earns $28.45 million in net income (profit) each year or $0.33 on an earnings per share basis.
How many employees does Tredegar have?: The company employs 2,300 workers across the globe.
Does Tredegar have any subsidiaries?: The following companies are subsidiares of Tredegar: AACOA Extrusions Inc., AACOA Inc., Bon L Aluminum LLC, Bon L Campo Limited Partnership, Bon L Holdings LLC, Bon L Manufacturing Company, Bright View Technologies, El Campo GP LLC, Futura Industries Corporation, Guangzhou Tredegar Film Products Company Limited, Idlewood Properties Inc., Jackson River Mountain Properties LLC, TAC Holdings LLC, TG Holdings International C.V., Terphane Acquisition Corp. II, Terphane Holdings LLC, Terphane LLC, Terphane Limitada, The William L Bonnell Company Inc., Tredegar Brasil Industria de Plasticos Ltda., Tredegar Capital Holdings LLC, Tredegar Far East Corporation, Tredegar Film Products (Europe) Inc., Tredegar Film Products (Korea) Inc., Tredegar Film Products (Latin America) Inc., Tredegar Film Products (U.S.) LLC, Tredegar Film Products - Lake Zurich LLC, Tredegar Film Products B.V., Tredegar Film Products Company Shanghai Limited, Tredegar Film Products Corporation, Tredegar Film Products India Private Limited, Tredegar Film Products Kft., Tredegar Films Development Inc., Tredegar International Holdings Coöperatief U.A., Tredegar Investments II LLC, Tredegar Investments LLC, Tredegar Performance Films Inc., Tredegar Personal Care LLC, Tredegar Real Estate Holdings Inc., and Tredegar Surface Protection LLC.
Read More
How can I contact Tredegar?: Tredegar's mailing address is 1100 BOULDERS PARKWAY, RICHMOND VA, 23225. The official website for the company is www.tredegar.com. The basic materials company can be reached via phone at (804) 330-1000, via email at neill.bellamy@tredegar.com, or via fax at 804-330-1177.

This page (NYSE:TG) was last updated on 6/3/2023 by MarketBeat.com Staff

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