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NYSE:SHW

Sherwin-Williams (SHW) Stock Price, News & Analysis

$300.45
+1.16 (+0.39%)
(As of 06/13/2024 ET)
Today's Range
$296.00
$300.71
50-Day Range
$291.95
$334.58
52-Week Range
$232.06
$348.37
Volume
1.10 million shs
Average Volume
1.84 million shs
Market Capitalization
$76.18 billion
P/E Ratio
32.03
Dividend Yield
0.95%
Price Target
$343.41

Sherwin-Williams MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
14.3% Upside
$343.41 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
1.21mentions of Sherwin-Williams in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.90%
From $11.43 to $12.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.33 out of 5 stars

Construction Sector

9th out of 99 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

1st out of 6 stocks

SHW stock logo

About Sherwin-Williams Stock (NYSE:SHW)

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

SHW Stock Price History

SHW Stock News Headlines

Expert Ratings For Sherwin-Williams
Keybanc Upgrades Sherwin-Williams (SHW)
Sherwin-Williams: Like Watching Paint Dry
Sherwin-Williams: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Ex-Dividend for 6/7 Dividend
5/16/2024
Dividend Payable
6/07/2024
Today
6/13/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Specialty Chemicals
CUSIP
82434810
Employees
64,088
Year Founded
1866

Price Target and Rating

Average Stock Price Target
$343.41
High Stock Price Target
$402.00
Low Stock Price Target
$249.00
Potential Upside/Downside
+14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
19 Analysts

Profitability

Net Income
$2.39 billion
Pretax Margin
13.65%

Debt

Sales & Book Value

Annual Sales
$23.05 billion
Cash Flow
$13.46 per share
Book Value
$14.52 per share

Miscellaneous

Free Float
252,028,000
Market Cap
$76.18 billion
Optionable
Optionable
Beta
1.17

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Should I Buy Sherwin-Williams Stock? SHW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Sherwin-Williams Company:

  • The Sherwin-Williams Company has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • With a solid return on equity and net margin, the company demonstrates efficient use of shareholder funds and profitability.
  • Analysts anticipate positive earnings per share for the current year, reflecting a promising outlook for investors.
  • The company recently announced a dividend, providing investors with a steady income stream and a respectable yield.
  • Institutional investors hold a significant portion of the company's stock, indicating confidence in its future performance.

Cons

Investors should be bearish about investing in The Sherwin-Williams Company for these reasons:

  • Recent analyst downgrades on the stock may signal potential challenges or concerns in the company's future performance.
  • Market volatility and economic uncertainties could impact the company's stock price, leading to potential investment risks.
  • Competitive pressures in the industry may affect The Sherwin-Williams Company's market share and profitability.
  • Any adverse changes in consumer preferences or spending habits could impact the company's sales and revenue growth.
  • External factors such as regulatory changes or global economic conditions could pose risks to the company's operations and financial stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these Sherwin-Williams pros and cons to contact@marketbeat.com.

SHW Stock Analysis - Frequently Asked Questions

Should I buy or sell Sherwin-Williams stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHW shares.
View SHW analyst ratings
or view top-rated stocks.

What is Sherwin-Williams' stock price target for 2024?

19 analysts have issued 1-year target prices for Sherwin-Williams' shares. Their SHW share price targets range from $249.00 to $402.00. On average, they predict the company's stock price to reach $343.41 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price.
View analysts price targets for SHW
or view top-rated stocks among Wall Street analysts.

How have SHW shares performed in 2024?

Sherwin-Williams' stock was trading at $311.90 on January 1st, 2024. Since then, SHW shares have decreased by 3.7% and is now trading at $300.45.
View the best growth stocks for 2024 here
.

Are investors shorting Sherwin-Williams?

Sherwin-Williams saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 4,260,000 shares, an increase of 30.7% from the May 15th total of 3,260,000 shares. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 2.7 days. Currently, 1.8% of the company's stock are short sold.
View Sherwin-Williams' Short Interest
.

When is Sherwin-Williams' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our SHW earnings forecast
.

How were Sherwin-Williams' earnings last quarter?

The Sherwin-Williams Company (NYSE:SHW) posted its quarterly earnings results on Tuesday, April, 23rd. The specialty chemicals company reported $2.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by $0.05. The specialty chemicals company earned $5.37 billion during the quarter, compared to analysts' expectations of $5.50 billion. Sherwin-Williams had a net margin of 10.52% and a trailing twelve-month return on equity of 73.74%. The firm's quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the firm posted $2.04 EPS.
Read the conference call transcript
.

How often does Sherwin-Williams pay dividends? What is the dividend yield for Sherwin-Williams?

Sherwin-Williams announced a quarterly dividend on Wednesday, April 17th. Shareholders of record on Friday, May 17th will be given a dividend of $0.715 per share on Friday, June 7th. This represents a $2.86 annualized dividend and a yield of 0.95%. The ex-dividend date is Thursday, May 16th.
Read our dividend analysis for SHW
.

Is Sherwin-Williams a good dividend stock?

Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.86 per share and currently has a dividend yield of 0.96%. The company has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 22.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.

When did Sherwin-Williams' stock split?

Shares of Sherwin-Williams split before market open 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.

What guidance has Sherwin-Williams issued on next quarter's earnings?

Sherwin-Williams issued an update on its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided EPS guidance of 10.850-11.350 for the period, compared to the consensus earnings per share estimate of 11.440. The company issued revenue guidance of -.

What is John Morikis' approval rating as Sherwin-Williams' CEO?

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.

What other stocks do shareholders of Sherwin-Williams own?

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).

Who are Sherwin-Williams' major shareholders?

Sherwin-Williams' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.53%), Price T Rowe Associates Inc. MD (1.32%), Clearbridge Investments LLC (1.08%), Capital World Investors (0.99%), Capital International Investors (0.91%) and Capital Research Global Investors (0.81%). Insiders that own company stock include Allen J Mistysyn, Allen J Mistysyn, Brian E Padden, Bryan J Young, Gregory P Sofish, Heidi G Petz, Jane M Cronin, John G Morikis, Joseph F Sladek, Justin T Binns, Karl J Jorgenrud, Mary L Garceau, Peter J Ippolito, Thomas P Gilligan and Todd D Rea.
View institutional ownership trends
.

How do I buy shares of Sherwin-Williams?

Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Sherwin-Williams have any subsidiaries?
The following companies are subsidiares of Sherwin-Williams: Acquire Sourcing LLC, CTS National Corporation, Comex North America Inc., Compania Sherwin-Williams S.A. de C.V., Contract Transportation Systems Co., Dongguan Lilly Paint Industries Ltd, Duron, EPS (Shanghai) Trading Co. Ltd., EPS B.V., Geocel Holdings, Gross & Perthun, Guangdong Valspar Paints Manufacturing Co Ltd., ICA Group, Inver East Med S.A., Inver France SAS, Inver GmbH, Inver Industrial Coating SRL, Inver Polska Spólka Z O.O, Inver Spa, Invercolor Bologna Srl, Invercolor Ltd, Invercolor Roma Srl, Invercolor Torino Srl, Invercolor Toscana Srl, Isocoat Tintas e Vernizes Ltda, Isva Vernici Srl, Leighs Paints, M.A. Bruder & Sons, Omega Specialty Products & Services LLC, Oy Sherwin-Williams Finland Ab, PT Sherwin-Williams Indonesia, PT Valspar Indonesia, Paint Sundry Brands, Pinturas Condor S.A., Pinturas Industriales S.A., Piton Paints Limited, Plasti-Kote Co. Inc., Plasti-kote Limited, Productos Quimicos y Pinturas S.A. de C.V., Quest Automotive Products UK Limited, Quetzal Pinturas S.A. de C.V., Ronseal (Ireland) Limited, SWIMC LLC, SWIPCO – Sherwin Williams do Brasil Propriedade Intelectual Ltda, Sherwin Williams Colombia S.A.S., Sherwin-Williams (Australia) Pty. Ltd., Sherwin-Williams (Belize) Limited, Sherwin-Williams (Caribbean) N.V., Sherwin-Williams (Ireland) Limited, Sherwin-Williams (Malaysia) Sdn. Bhd., Sherwin-Williams (Nantong) Coatings Technology Co. Ltd., Sherwin-Williams (Nantong) Company Limited, Sherwin-Williams (Shanghai) Limited, Sherwin-Williams (Thailand) Co. Ltd., Sherwin-Williams (Vietnam) Limited, Sherwin-Williams (West Indies) Limited, Sherwin-Williams Argentina I.y C.S.A., Sherwin-Williams Aruba VBA, Sherwin-Williams Balkan S.R.L., Sherwin-Williams Bel Unitary Enterprise, Sherwin-Williams Benelux NV, Sherwin-Williams Canada Inc., Sherwin-Williams Cayman Islands Limited, Sherwin-Williams Chile S.A., Sherwin-Williams Coatings India Private Limited, Sherwin-Williams Coatings S.a r.l., Sherwin-Williams Czech Republic spol. s r.o, Sherwin-Williams Denmark A/S, Sherwin-Williams Deutschland GmbH, Sherwin-Williams France Finishes SAS, Sherwin-Williams Italy S.r.l., Sherwin-Williams Norway AS, Sherwin-Williams Paints Limited Liability Company, Sherwin-Williams Peru S.R.L., Sherwin-Williams Pinturas de Venezuela S.A., Sherwin-Williams Poland Sp. z o.o, Sherwin-Williams Protective & Marine Coatings, Sherwin-Williams Realty Holdings Inc., Sherwin-Williams Services (Malaysia) Sdn. Bhd., Sherwin-Williams Spain Coatings S.L., Sherwin-Williams Sweden AB, Sherwin-Williams UK Coatings Limited, Sherwin-Williams UK Limited, Sherwin-Williams do Brasil Industria e Comercio Ltda., Southland Paint Company, Spanyc Paints Joint Stock Company, Specialized Industrial Coatings Holding, Specialty Polymers Inc., Syntema I Vaggeryd AB, Taiwan Valspar Co. Ltd., The Sherwin-Williams Acceptance Corporation, The Sherwin-Williams Headquarters Company, The Sherwin-Williams Manufacturing Company, The Sherwin-Williams US Licensing Company, The Valspar (Asia) Corporation Limited, The Valspar (Australia) Corporation Pty. Ltd., The Valspar (Finland) Corporation Oy, The Valspar (France) Corporation S.A.S., The Valspar (France) Research Corporation SAS, The Valspar (Malaysia) Corporation Sdn Bhd, The Valspar (Nantes) Corporation S.A.S., The Valspar (Singapore) Corporation Pte. Ltd, The Valspar (South Africa) Corporation (Pty) Ltd, The Valspar (Switzerland) Corporation AG, The Valspar (Thailand) Corporation Ltd., The Valspar (UK) Corporation Limited, The Valspar (Vietnam) Corporation Ltd., The Valspar Corporation, The Valspar Corporation Limitada, UAB Sherwin-Williams Baltic, Valspar (India) Coatings Corporation Private Limited, Valspar (Shanghai) Management Co. Ltd., Valspar (Uruguay) Corporation S.A., Valspar (WPC) Pty Ltd, Valspar Aries Coatings S. de R.L. de C.V., Valspar Automotive (UK) Corporation Limited, Valspar Automotive Australia Pty Limited, Valspar B.V., Valspar Coatings (Guangdong) Co. Ltd., Valspar Coatings (Shanghai) Co. Ltd., Valspar Coatings (Tianjin) Co. Ltd, Valspar D.o.o Beograd, Valspar Industries (Ireland) Ltd., Valspar Industries (Italy) S.r.l., Valspar Industries GmbH, Valspar LLC, Valspar Mexicana S.A. de C.V., Valspar Powder Coatings Limited, Valspar Rock Company Limited (Japan), Valspar Specialty Paints LLC, and ZAO Sherwin-Williams.
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This page (NYSE:SHW) was last updated on 6/14/2024 by MarketBeat.com Staff

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