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Why PPG Industries (PPG) is a Great Dividend Stock Right Now
ZACKS· 2025-07-07 16:46
Company Overview - PPG Industries is headquartered in Pittsburgh and operates in the Basic Materials sector, specifically in paint and coatings [3] - The company's stock has experienced a price change of -0.98% this year [3] Dividend Information - PPG Industries currently pays a dividend of $0.68 per share, resulting in a dividend yield of 2.3%, which is higher than the Chemical - Specialty industry's yield of 0.94% and the S&P 500's yield of 1.52% [3] - The annualized dividend of $2.72 has increased by 2.3% from the previous year [4] - Over the past 5 years, PPG Industries has raised its dividend 5 times, achieving an average annual increase of 5.96% [4] - The current payout ratio is 34%, indicating that the company pays out 34% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for PPG's earnings in 2025 is $7.89 per share, reflecting a year-over-year earnings growth rate of 0.25% [5] Investment Considerations - PPG Industries is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6] - The company is positioned well for income investors, especially compared to tech start-ups or growth businesses that typically do not offer dividends [6]
PPG Industries (PPG) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-29 22:20
PPG Industries (PPG) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.17%. A quarter ago, it was expected that this paint and coatings maker would post earnings of $1.65 per share when it actually produced earnings of $1.61, delivering a surprise of -2.42%.Over the last four quarters ...
Sherwin-Williams (SHW) Q1 Earnings Surpass Estimates
ZACKS· 2025-04-29 13:10
This quarterly report represents an earnings surprise of 3.21%. A quarter ago, it was expected that this paint and coatings maker would post earnings of $2.07 per share when it actually produced earnings of $2.09, delivering a surprise of 0.97%. Sherwin-Williams (SHW) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.17 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quart ...
PPG Industries (PPG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2025-04-22 15:06
Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings and revenues for PPG Industries in the upcoming earnings report, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - PPG Industries is expected to report quarterly earnings of $1.62 per share, reflecting a year-over-year decrease of 12.9% [3]. - Revenues are projected to be $3.65 billion, down 15.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.39% lower in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +4.16% suggests analysts have recently become more optimistic about PPG's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - PPG Industries currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, PPG Industries was expected to post earnings of $1.65 per share but delivered $1.61, resulting in a surprise of -2.42% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Conclusion - While PPG Industries is seen as a potential earnings-beat candidate, other factors should also be considered when evaluating the stock ahead of its earnings release [16].