RPM International (NYSE:RPM) Posts Quarterly Earnings Results, Meets Estimates

RPM International (NYSE:RPM) issued its earnings results on Thursday. The specialty chemicals company reported $1.56 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.56, Briefing.com reports. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.01 billion. RPM International had a net margin of 8.02% and a return on equity of 26.80%. The business’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.36 earnings per share. RPM International updated its Q1 2025 guidance to EPS.

RPM International Stock Down 0.8 %

Shares of RPM stock opened at $117.56 on Friday. RPM International has a 12 month low of $88.84 and a 12 month high of $121.63. The stock has a market cap of $15.14 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.72 and a beta of 1.00. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 0.79. The company has a 50 day simple moving average of $110.64 and a two-hundred day simple moving average of $111.13.

RPM International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $1.84 dividend on an annualized basis and a yield of 1.57%. RPM International’s dividend payout ratio is currently 42.40%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on RPM shares. Robert W. Baird upped their target price on shares of RPM International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, April 5th. Mizuho decreased their price objective on shares of RPM International from $136.00 to $134.00 and set an “outperform” rating for the company in a report on Friday. Vertical Research raised shares of RPM International from a “hold” rating to a “buy” rating and set a $126.00 price objective for the company in a report on Tuesday, July 16th. Royal Bank of Canada boosted their price objective on shares of RPM International from $119.00 to $120.00 and gave the company a “sector perform” rating in a report on Friday. Finally, Wells Fargo & Company boosted their price objective on shares of RPM International from $110.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, RPM International has a consensus rating of “Hold” and an average price target of $120.80.

RPM International Company Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.