RPM International (RPM) Misses Q2 EPS by 16c, Revenues Miss; Offers 3Q EPS Below Consensus

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RPM International (RPM) PT Lowered to $59 at RBC Capital

January 7, 2019 6:52 AM EST

RBC Capital analyst Arun Viswanathan lowered the price target on RPM International (NYSE: RPM) to $59.00 (from $66.00) while maintaining a Sector Perform rating.

The cut comes after the company missed FQ2 and guided to a weak FQ3 on wetter weather conditions, higher y/y raw costs, and tax and FX headwinds.

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RPM International (RPM) Declares $0.35 Quarterly Dividend; 2.4% Yield

January 2, 2019 9:00 AM EST

RPM International (NYSE: RPM) declared a quarterly dividend of $0.35 per share, or $1.4 annualized.

The dividend will be payable on January 31, 2019, to stockholders of record on January 16, 2019, with an ex-dividend date of January 15, 2019.

The annual yield on the dividend is 2.4... More