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RPM International, Inc. - RPM STOCK NEWS

Welcome to our dedicated news page for RPM International (Ticker: RPM), a resource for investors and traders seeking the latest updates and insights on RPM International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RPM International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RPM International's position in the market.

Rhea-AI Summary
RPM International Inc. reports record third-quarter net sales of $1.52 billion, a 0.4% increase from the prior year, along with record net income, diluted EPS, and EBIT. The company's adjusted diluted EPS increased by 40.5% over the previous year, with adjusted EBIT up by 31.3%. The fiscal 2024 outlook calls for flat sales and high-single-digit adjusted EBIT growth in the fourth quarter, and revenue growth near the midpoint of the previous outlook for the full year.
Rhea-AI Impact
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End-of-Day
-5.76%
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Rhea-AI Summary
RPM International Inc. (RPM) declares a quarterly dividend of $0.46 per share, marking its 50th consecutive year of increased cash dividends. The company has paid out $3.4 billion in dividends, placing it among the top U.S. companies for dividend consistency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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dividends
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Rhea-AI Summary
RPM International Inc. (NYSE: RPM) will release its fiscal 2024 third quarter financial results on April 4, 2024. The results will be available on the RPM website and via newswire. A conference call will follow at 10:00 a.m. Eastern Time for financial analysts to ask questions.
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-1.03%
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Rhea-AI Summary
RPM International Inc. (NYSE: RPM) has opened its new Innovation Center of Excellence in Greensboro, North Carolina. The 60,000-square-foot facility is the first shared research and development center for RPM companies, fostering partnership and collective expertise to accelerate customer-focused innovation. The center is part of the increased collaboration developed through MAP 2025 initiatives. It features liquid and powder application labs, resin and analytical labs, a sample production area, and a formulation lab, among other resources. The center will also serve as a destination for onsite customer training and application trials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
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Rhea-AI Summary
RPM International Inc. (NYSE: RPM) reported record second-quarter net sales of $1.79 billion, with net income of $145.5 million and diluted EPS of $1.13. Adjusted diluted EPS increased by 10.9% to $1.22, and adjusted EBIT increased by 10.4% to $236.9 million. The company's fiscal 2024 outlook calls for flat sales in the third quarter and low-single digits revenue growth for the full year, with adjusted EBIT growth in the low-double digits to mid-teens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
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Rhea-AI Summary
RPM International Inc. (NYSE: RPM) has declared a regular quarterly cash dividend of $0.46 per share, payable on January 31, 2024, to stockholders of record as of January 19, 2024. The company recently increased its cash dividend by 10% in October 2023, marking its 50th consecutive year of increased cash dividends paid to stockholders. RPM is in an elite category, with less than half of 1 percent of all publicly traded U.S. companies having achieved this. Only 41 other U.S. companies have consecutively paid an increasing annual dividend for a longer period of time, according to Dividend Radar. The company has returned approximately $3.3 billion in cash dividends to its stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.37%
Tags
dividends
Rhea-AI Summary
RPM International Inc. (NYSE: RPM) will release its financial results for the fiscal 2024 second quarter before the stock market opens on Thursday, January 4, 2024. The results will be available on the RPM website and a conference call will be held to discuss the results. The call will be open to the public, but only financial analysts will be permitted to ask questions.
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End-of-Day
0.19%
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RPM International Inc. announces 10% increase in quarterly cash dividend
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End-of-Day
0.07%
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dividends
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Rhea-AI Summary
RPM International Inc. reports record first-quarter net sales of $2.01 billion, a 4.1% increase over the prior year. Adjusted diluted EPS increased by 11.6% to $1.64. First-quarter outlook calls for sales growth of low-single digits and adjusted EBIT growth of high-single to low-double digits. Construction markets were standout performers. Fiscal 2024 full-year outlook remains unchanged with sales growth of mid-single digits and adjusted EBIT growth of low-double digits to mid-teens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
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Rhea-AI Summary
RPM International Inc. acquires NOW Specialties' wall system fabrication segment, expanding Tremco CPG's offerings and strengthening its value proposition. The Fabrication Business has annual net sales of approximately $20 million. Terms of the transaction were not disclosed. NOW's installation business was not part of the acquisition.
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Rhea-AI Sentiment
End-of-Day
-1.48%
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RPM International, Inc.

NYSE:RPM

RPM Rankings

RPM Stock Data

13.96B
127.06M
1.22%
82.22%
0.9%
Paint and Coating Manufacturing
Manufacturing
Link
US
Medina

About RPM

rpm international inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services for both industrial and consumer markets. rpm's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. industrial companies include stonhard, tremco, illbruck, carboline, flowcrete, day-glo, dryvit and euclid chemical. rpm's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement and by hobbyists. consumer brands include rust-oleum, dap, zinsser, varathane and testors. rpm employs approximately 13,000 people worldwide and operates 116 manufacturing facilities in 26 countries. its products are sold in approximately 170 countries and territories. fiscal 2015 sales were $4.6 billion, with 65 percent to industry worldwide and the remaining 35 percent to consumers mainly in north america.