Myers Industries (MYE) Stock Price, News & Analysis

Company Overview

Myers Industries, Inc. is an Ohio-based manufacturer of polymer products and distributor of supplies and equipment for the tire service industry. Founded in 1933, the company has expanded from its origins in tire repair into plastics manufacturing and material handling products.

Its products include reusable plastic containers, pallets, bulk storage containers, and other material handling solutions, as well as rotationally molded products for industrial, agricultural, commercial, and consumer uses. Through its distribution operations, Myers also supplies tire repair materials, tools, and service equipment.

The company serves customers primarily in North America, with operations and sales reaching international markets. Its products support a range of industries, including manufacturing, agriculture, automotive service, and logistics.

Key Stats

• Today's Range: $27.59 to $28.31
• 50-Day Range: $26.84 to $32.85
• 52-Week Range: $16.66 to $37.45
• Volume: 225,409 shs
• Average Volume: 342,508 shs
• Market Capitalization: $1.05 billion
• P/E Ratio: 36.76
• Dividend Yield: 1.93%
• Price Target: $37.00
• Consensus Rating: Moderate Buy

Myers Industries Stock Analysis - MarketRank™

Myers Industries scored higher than 48% of companies evaluated by MarketBeat, and ranked 130th out of 228 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Myers Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Myers Industries has a consensus price target of $37.00, representing about 32.4% upside from its current price of $27.94.

Amount of Analyst Coverage

Myers Industries has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Myers Industries is 36.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Myers Industries is 36.76, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 27.67.

Price to Book Value per Share Ratio

Myers Industries has a P/B Ratio of 3.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.32% of the float of Myers Industries has been sold short.

Short Interest Ratio / Days to Cover

Myers Industries has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Myers Industries has recently increased by 12.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Myers Industries pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Myers Industries does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Myers Industries is 71.05%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.49

News Sentiment

Myers Industries has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Myers Industries this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Myers Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Myers Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.85% of the stock of Myers Industries is held by insiders.

Percentage Held by Institutions

90.82% of the stock of Myers Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 10/5 Dividend: 9/18/2026
• Ex-Dividend for 10/5 Dividend: 9/18/2026
• Dividend Payable: 10/05/2026
• Last Earnings: 10/29/2026
• Today: 11/11/2026
• Record date for 1/6 Dividend: 12/04/2026
• Ex-Dividend for 1/6 Dividend: 12/04/2026
• Fiscal Year End: 12/31/2026
• Dividend Payable: 1/06/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Materials
• Industry: Containers & Packaging
• Sub-Industry: Metal, Glass & Plastic Containers
• Current Symbol: NYSE:MYE
• CIK: 69488
• Web: www.myersindustries.com
• Phone: (330) 253-5592
• Fax: 330-761-6156
• Employees: 2,200
• Year Founded: 1933

Price Target and Rating

• Average Price Target for Myers Industries: $37.00
• High Price Target: $37.00
• Low Price Target: $37.00
• Potential Upside/Downside: +32.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.76
• Trailing P/E Ratio: 36.76
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $34.93 million
• Net Margins: 3.99%
• Pretax Margin: 8.74%
• Return on Equity: 20.34%
• Return on Assets: 7.30%

Debt

• Debt-to-Equity Ratio: 0.94
• Current Ratio: 1.89
• Quick Ratio: 1.37

Sales & Book Value

• Annual Sales: $825.74 million
• Price / Sales: 1.27
• Cash Flow: $2.19 per share
• Price / Cash Flow: 12.74
• Book Value: $8.08 per share
• Price / Book: 3.46

Miscellaneous

• Outstanding Shares: 37,640,000
• Free Float: 36,940,000
• Market Cap: $1.05 billion
• Optionable: Optionable
• Beta: 0.84