NYSE:TG

Tredegar - TG Stock Forecast, Price & News

$9.61

+0.12 (+1.26%)

(As of 09/27/2022 12:00 AM ET)

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Today's Range: $9.49
▼
$9.68
50-Day Range: $9.49
▼
$11.55
52-Week Range: $9.44
▼
$13.19

Volume: 118,564 shs
Average Volume: 134,812 shs
Market Capitalization: $326.57 million

P/E Ratio: 5.49
Dividend Yield: 5.48%
Price Target: N/A

Tredegar MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.88% of Float Sold Short
Dividend Strength: Moderate
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.

1.58 out of 5 stars

Basic Materials Sector

160th out of 167 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

6th 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
2.88% 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 5.9.
Change versus previous month
Short interest in Tredegar has recently decreased by 3.26%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Tredegar is a leading dividend payer. It pays a dividend yield of 5.48%, 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 29.71%. This payout ratio is at a healthy, sustainable level, below 75%.

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
4 people have searched for TG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

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
17.92% of the stock of Tredegar is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
83.24% 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 5.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tredegar is 5.49, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 76.37.
Price to Book Value per Share Ratio
Tredegar has a P/B Ratio of 1.76. 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 Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft-alloy and medium-strength custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands. This segment also provides thin-gauge films as overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Terphane, Ecophane, and Sealphane brands. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia.

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TG Stock News Headlines

September 20, 2022 | reuters.com

TG.C - Tredegar Corporation | Stock Price & Latest News | Reuters

September 19, 2022 | finance.yahoo.com

Tredegar Corporation's (NYSE:TG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

September 14, 2022 | nasdaq.com

Calculating The Fair Value Of Tredegar Corporation (NYSE:TG)

August 8, 2022 | nz.finance.yahoo.com

Tredegar Reports Second Quarter 2022 Results

August 8, 2022 | finance.yahoo.com

Tredegar (NYSE:TG) Is Increasing Its Dividend To $0.13

August 6, 2022 | seekingalpha.com

Tredegar raises dividend by 8% to $0.13/share

August 2, 2022 | finance.yahoo.com

Tredegar Plans to Release Second Quarter 2022 Financial Results on August 8, 2022

July 25, 2022 | finance.yahoo.com

The past three years for Tredegar (NYSE:TG) investors has not been profitable

July 19, 2022 | bbc.com

New Tredegar: Woman charged with murder following man's death

July 1, 2022 | finance.yahoo.com

Estimating The Intrinsic Value Of Tredegar Corporation (NYSE:TG)

May 10, 2022 | finance.yahoo.com

Tredegar Reports First Quarter 2022 Results - Yahoo Finance

May 9, 2022 | businesswire.com

Tredegar Reports First Quarter 2022 Results - Business Wire

May 9, 2022 | investing.com

Tredegar Corp. Reports Q1 EPS of $0.49 By Investing.com - Investing.com

May 9, 2022 | finance.yahoo.com

Tredegar Reports First Quarter 2022 Results

May 5, 2022 | businesswire.com

Tredegar Board Declares Quarterly Dividend - Business Wire

April 28, 2022 | seekingalpha.com

Tredegar Stock Is Trading At Bargain Prices - Seeking Alpha

April 26, 2022 | nasdaq.com

Validea Peter Lynch Strategy Daily Upgrade Report - 4/26/2022 - Nasdaq

April 26, 2022 | benzinga.com

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

April 22, 2022 | cnbc.com

Cramer's lightning round: I'm sticking with Bausch Health - CNBC

April 12, 2022 | bbc.com

Ranjith Kankanamalage: Man denies cemetery fatal hammer attack - BBC.com

April 12, 2022 | finance.yahoo.com

Tredegar Corporation's (NYSE:TG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

April 11, 2022 | finance.yahoo.com

Trifecta Gold Drills 4.2 g/t Gold over 10.67 metres at the Yuge Gold Project, Nevada

April 5, 2022 | finance.yahoo.com

Surface Protection Films Market to Reach US$ 2.3 Bn By The End Of 2030 - Comprehensive Research Report By FMI - Yahoo Finance

March 21, 2022 | benzinga.com

Wednesday Is Your Last Chance To Buy Tredegar Before The Dividend Payout - Benzinga - Benzinga

March 17, 2022 | finance.yahoo.com

Trifecta Gold Announces Changes to Management and Board

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TG Company Calendar

Last Earnings: 2/21/2018
Ex-Dividend for 7/1 Dividend: 6/16/2022
Dividend Payable: 7/01/2022
Ex-Dividend for 10/1 Dividend: 9/15/2022
Today: 9/27/2022
Dividend Payable: 10/01/2022
Next Earnings (Estimated): 11/04/2022
Fiscal Year End: 12/31/2022

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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: 2,400
Year Founded: 1989

Profitability

EPS (Most Recent Fiscal Year): $1.75
Trailing P/E Ratio: 5.49
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $57.83 million
Net Margins: 6.24%
Pretax Margin: 6.96%
Return on Equity: 25.10%
Return on Assets: 8.59%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 1.35
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $826.46 million
Price / Sales: 0.40
Cash Flow: $1.94 per share
Price / Cash Flow: 4.95
Book Value: $5.47 per share
Price / Book: 1.76

Miscellaneous

Outstanding Shares: 33,982,000
Free Float: 27,892,000
Market Cap: $326.57 million
Optionable: Optionable
Beta: 0.95

Social Links

Key Executives

Mr. John M. Steitz (Age 63)
Pres, CEO & Director
Comp: $1.7M

Mr. D. Andrew Edwards (Age 63)
Exec. VP & CFO
Comp: $1.14M

Mr. Kevin Cyril Donnelly (Age 47)
VP, Gen. Counsel & Corp. Sec.
Comp: $674.87k

Ms. Neill Bellamy
Director of Investor Relations

Dr. Arijit DasGupta
Pres of Surface Protection

Mr. Jose Bosco Silveira Jr.
Pres of Flexible Packaging Films

Mr. Frasier W. Brickhouse II (Age 85)
Corp. Treasurer & Controller

Mr. W. Brook Hamilton
Pres of Bonnell Aluminum

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TG Stock - Frequently Asked Questions

How have TG shares performed in 2022?: Tredegar's stock was trading at $11.82 at the start of the year. Since then, TG stock has decreased by 19.7% and is now trading at $9.49.
View the best growth stocks for 2022 here.
When is Tredegar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our TG earnings forecast.
How were Tredegar's earnings last quarter?: Tredegar Co. (NYSE:TG) posted its quarterly earnings results on Wednesday, February, 21st. The basic materials company reported $0.20 EPS for the quarter. The basic materials company earned $245.84 million during the quarter. Tredegar had a trailing twelve-month return on equity of 25.10% and a net margin of 6.24%. During the same period in the prior year, the business posted $0.10 earnings per share.
How often does Tredegar pay dividends? What is the dividend yield for Tredegar?: Tredegar announced a quarterly dividend on Thursday, August 4th. Shareholders of record on Friday, September 16th will be paid a dividend of $0.13 per share on Saturday, October 1st. This represents a $0.52 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date is Thursday, September 15th. This is an increase from the stock's previous quarterly dividend of $0.12.
Read our dividend analysis for TG.
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 5.42%. 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 29.71%. This payout ratio is at a healthy, sustainable level, below 75%.
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 number of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (9.86%), State Street Corp (2.80%), Credit Suisse AG (0.97%), Northern Trust Corp (0.85%), London Co. of Virginia (0.81%) and Renaissance Technologies LLC (0.64%).
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 $9.49.
How much money does Tredegar make?: Tredegar (NYSE:TG) has a market capitalization of $322.47 million and generates $826.46 million in revenue each year. The basic materials company earns $57.83 million in net income (profit) each year or $1.75 on an earnings per share basis.
How many employees does Tredegar have?: The company employs 2,400 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 9/27/2022 by MarketBeat.com Staff

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Tredegar - TG Stock Forecast, Price & News

Tredegar MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month