Tredegar - TG Stock Forecast, Price & News

Tredegar's stock was trading at $10.22 at the beginning of the year. Since then, TG shares have decreased by 10.7% and is now trading at $9.13.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our TG earnings forecast.

Tredegar Co. (NYSE:TG) released its earnings results on Wednesday, February, 21st. The basic materials company reported $0.20 earnings per share (EPS) for the quarter. The basic materials company earned $245.84 million during the quarter. Tredegar had a net margin of 3.03% and a trailing twelve-month return on equity of 18.88%. During the same quarter in the prior year, the company posted $0.10 EPS.

Tredegar announced a quarterly dividend on Thursday, March 9th. Shareholders of record on Friday, March 24th will be given a dividend of $0.13 per share on Saturday, April 1st. This represents a $0.52 annualized dividend and a yield of 5.70%. The ex-dividend date of this dividend is Thursday, March 23rd.
Read our dividend analysis for TG.

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), iShares U.S. Infrastructure ETF (IFRA), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Materials ETF (PSCM), First Trust Dow Jones Select Microcap Index Fund (FDM) and Hartford Multifactor Small Cap ETF (ROSC).

Tredegar (NYSE:TG) pays an annual dividend of $0.52 per share and currently has a dividend yield of 5.70%. 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 61.18%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TG.

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.

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).

Tredegar trades on the New York Stock Exchange (NYSE) under the ticker symbol "TG."

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.
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One share of TG stock can currently be purchased for approximately $9.13.

Tredegar (NYSE:TG) has a market capitalization of $310.60 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 $0.85 on an earnings per share basis.

The company employs 2,300 workers across the globe.

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.