Sherwin-Williams - SHW Stock Forecast, Price & News

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, 9 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SHW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHW, but not buy additional shares or sell existing shares.
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19 brokers have issued twelve-month price targets for Sherwin-Williams' stock. Their SHW share price forecasts range from $245.00 to $376.00. On average, they predict the company's stock price to reach $311.30 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
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Sherwin-Williams' stock was trading at $352.16 on January 1st, 2022. Since then, SHW shares have decreased by 32.2% and is now trading at $238.65.
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Sherwin-Williams saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 1,840,000 shares, a decrease of 29.8% from the July 31st total of 2,620,000 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.8% of the company's stock are sold short.
View Sherwin-Williams' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our SHW earnings forecast.

The Sherwin-Williams Company (NYSE:SHW) posted its quarterly earnings data on Wednesday, July, 27th. The specialty chemicals company reported $2.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by $0.37. The specialty chemicals company earned $2.87 billion during the quarter, compared to analysts' expectations of $6.01 billion. Sherwin-Williams had a net margin of 8.45% and a trailing twelve-month return on equity of 82.04%. The company's revenue was down 46.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.65 EPS.
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Sherwin-Williams announced a quarterly dividend on Wednesday, July 20th. Investors of record on Friday, August 19th will be given a dividend of $0.60 per share on Friday, September 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Thursday, August 18th.
Read our dividend analysis for SHW.

Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 44 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 22.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.

Sherwin-Williams shares split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly minted shares were payable to shareholders after the market closes on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Sherwin-Williams announced that its board has authorized a share buyback program on Wednesday, February 17th 2021, which permits the company to repurchase 15,000,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

Sherwin-Williams updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $8.50-$8.80 for the period, compared to the consensus EPS estimate of $9.38. The company issued revenue guidance of -.

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.

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).

Sherwin-Williams trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHW."

Sherwin-Williams' stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (4.15%), Price T Rowe Associates Inc. MD (3.96%), Massachusetts Financial Services Co. MA (3.43%), FMR LLC (2.72%), Fiera Capital Corp (1.44%) and JPMorgan Chase & Co. (1.22%). Insiders that own company stock include Aaron M Erter, Aaron M Erter, Allen J Mistysyn, Allen J Mistysyn, Brian E Padden, Bryan J Young, David B Sewell, Jane M Cronin, Jane M Cronin, Joel D Baxter, John G Morikis, Joseph F Sladek, Justin T Binns, Justin T Binns, Mary L Garceau, Peter J Ippolito, Peter J Ippolito, Susan J Kropf and Thomas P Gilligan.
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Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SHW stock can currently be purchased for approximately $238.65.

Sherwin-Williams (NYSE:SHW) has a market capitalization of $61.85 billion and generates $19.94 billion in revenue each year. The specialty chemicals company earns $1.86 billion in net income (profit) each year or $6.65 on an earnings per share basis.

The company employs 61,626 workers across the globe.

Sherwin-Williams was founded in 1866.

Sherwin-Williams' mailing address is 101 WEST PROSPECT AVE, CLEVELAND OH, 44115. The official website for the company is www.sherwin-williams.com. The specialty chemicals company can be reached via phone at (216) 566-2000 or via fax at 216-566-3310.