RPM International Inc. (RPM) is set to report second-quarter earnings before the market opens on Thursday, Jan. 8, 2025, and Wall Street's best analysts have been fine-tuning their forecasts heading into the print.
The consensus estimate calls for the Medina, Ohio-based specialty coatings and sealants company to deliver earnings of $1.41 per share, a modest uptick from $1.39 per share in the same quarter last year. Revenue is expected to hit $1.93 billion, up from $1.85 billion a year earlier.
RPM gave shareholders something to smile about back on Oct. 2, raising its quarterly dividend from 51 cents to 54 cents per share. That's a roughly 6% bump for those keeping score at home. Shares closed Monday at $105.71, up 1.9% on the day.
What the Smart Money Is Saying
Looking at recent analyst moves from firms with strong track records, there's an interesting pattern emerging. Most analysts remain bullish on the company, but price targets have been coming down across the board.
Mizuho analyst John Roberts leads the pack in terms of accuracy with a 70% hit rate. He maintains an Outperform rating but trimmed his price target from $138 to $128 on Dec. 18, 2025.
Evercore ISI Group analyst Stephen Richardson, sporting a 61% accuracy rate, also kept his Outperform rating intact while reducing his target from $145 to $125 on Nov. 11, 2025.
Citigroup's Patrick Cunningham (56% accuracy) stuck with his Buy rating but lowered his price target from $136 to $127 on Dec. 18, 2025.
Not everyone went negative on the numbers though. RBC Capital analyst Arun Viswanathan actually upgraded RPM from Sector Perform to Outperform on Dec. 9, 2025, boosting his price target from $121 to $132. His accuracy rate sits at 52%.
The lone neutral voice comes from UBS analyst Joshua Spector, who maintained his Neutral rating while slashing his price target from $127 to $119 on Dec. 18, 2025. His accuracy rate is 55%.
The overall picture suggests analysts still believe in the company's fundamentals, even as they recalibrate expectations for where the stock might trade in the months ahead. Thursday's earnings report should give us a clearer picture of whether that optimism is justified.