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. RPM International had a net margin of 8.02% and a return on equity of 26.80%. The firm had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter last year, the company posted $1.36 earnings per share. The firm’s revenue was down .4% compared to the same quarter last year. RPM International updated its Q1 2025 guidance to EPS.

RPM International Price Performance

Shares of RPM opened at $117.56 on Friday. RPM International has a fifty-two week low of $88.84 and a fifty-two week high of $121.63. The firm’s 50 day moving average price is $110.64 and its 200 day moving average price is $111.13. The company has a market cap of $15.14 billion, a P/E ratio of 27.09, a PEG ratio of 1.72 and a beta of 1.00. The company has a quick ratio of 1.39, a current ratio of 1.97 and a debt-to-equity ratio of 0.79.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Wednesday, July 17th. RPM International’s dividend payout ratio (DPR) is 42.40%.

Wall Street Analyst Weigh In

RPM has been the subject of a number of recent analyst reports. BMO Capital Markets lifted their price objective on shares of RPM International from $123.00 to $140.00 and gave the company an “outperform” rating in a report on Friday. StockNews.com cut shares of RPM International from a “buy” rating to a “hold” rating in a report on Friday. Mizuho dropped their target price on shares of RPM International from $136.00 to $134.00 and set an “outperform” rating on the stock in a research report on Friday. Royal Bank of Canada lifted their target price on shares of RPM International from $119.00 to $120.00 and gave the company a “sector perform” rating in a research report on Friday. Finally, Wells Fargo & Company lifted their target price on shares of RPM International from $110.00 to $125.00 and gave the company an “equal weight” rating in a research report on Friday. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $120.80.

About RPM International

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.