Q4 2024 Earnings Forecast for RPM International Inc. (NYSE:RPM) Issued By Seaport Res Ptn

RPM International Inc. (NYSE:RPMFree Report) – Research analysts at Seaport Res Ptn lowered their Q4 2024 earnings estimates for RPM International in a research report issued to clients and investors on Wednesday, March 20th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings per share of $1.70 for the quarter, down from their prior forecast of $1.76. The consensus estimate for RPM International’s current full-year earnings is $4.97 per share. Seaport Res Ptn also issued estimates for RPM International’s Q3 2025 earnings at $0.62 EPS and Q4 2025 earnings at $1.95 EPS.

Several other equities analysts also recently issued reports on RPM. BMO Capital Markets raised their price target on shares of RPM International from $125.00 to $127.00 and gave the company an “outperform” rating in a research note on Tuesday, January 16th. Mizuho initiated coverage on shares of RPM International in a research note on Friday, January 12th. They set a “buy” rating and a $128.00 target price for the company. Finally, UBS Group lifted their target price on shares of RPM International from $111.00 to $121.00 and gave the stock a “neutral” rating in a research note on Thursday, March 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, RPM International currently has an average rating of “Hold” and a consensus price target of $108.80.

View Our Latest Research Report on RPM International

RPM International Price Performance

RPM stock opened at $118.62 on Thursday. The company has a fifty day moving average price of $111.33 and a 200-day moving average price of $104.42. The company has a market capitalization of $15.29 billion, a P/E ratio of 29.07, a PEG ratio of 1.79 and a beta of 1.04. RPM International has a 52-week low of $78.52 and a 52-week high of $119.42. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.45 and a current ratio of 2.33.

RPM International (NYSE:RPMGet Free Report) last released its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.01). The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.84 billion. RPM International had a net margin of 7.15% and a return on equity of 26.71%. RPM International’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 EPS.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Friday, January 19th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.55%. The ex-dividend date was Thursday, January 18th. RPM International’s dividend payout ratio (DPR) is currently 45.10%.

Insider Buying and Selling at RPM International

In other news, VP Timothy R. Kinser sold 2,380 shares of RPM International stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $107.00, for a total transaction of $254,660.00. Following the completion of the transaction, the vice president now directly owns 20,767 shares in the company, valued at $2,222,069. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, VP Timothy R. Kinser sold 2,380 shares of RPM International stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $107.00, for a total transaction of $254,660.00. Following the completion of the transaction, the vice president now directly owns 20,767 shares in the company, valued at $2,222,069. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frederick R. Nance sold 1,835 shares of RPM International stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $109.05, for a total transaction of $200,106.75. Following the transaction, the director now owns 8,180 shares of the company’s stock, valued at $892,029. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,215 shares of company stock valued at $1,112,547. Corporate insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RPM. V Square Quantitative Management LLC purchased a new position in RPM International during the fourth quarter worth about $25,000. Cornerstone Planning Group LLC boosted its holdings in RPM International by 1,735.7% during the third quarter. Cornerstone Planning Group LLC now owns 514 shares of the specialty chemicals company’s stock worth $49,000 after purchasing an additional 486 shares during the last quarter. Covestor Ltd boosted its holdings in RPM International by 274.8% during the third quarter. Covestor Ltd now owns 566 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 415 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in RPM International in the first quarter worth about $56,000. Finally, GAMMA Investing LLC bought a new stake in RPM International in the fourth quarter worth about $75,000. 78.86% of the stock is currently owned by hedge funds and other institutional investors.

RPM International Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for RPM International (NYSE:RPM)

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