Myers Industries (MYE) Expected to Announce Earnings on Thursday

Key Points

• Myers Industries will report Q1 2026 results before the market opens on Thursday, May 7; analysts expect about $0.30 EPS and $209.3 million in revenue, with a conference call at 10:00 AM ET.
• In the prior quarter Myers posted $0.31 EPS (vs. $0.23 consensus) and $203.97M revenue, and the stock trades with a market cap of $743.6M and a P/E of 21.4.
• The company pays a quarterly dividend of $0.135 (annualized $0.54, ~2.7% yield; 58% payout ratio), has a consensus analyst rating of Hold with a $21 average price target, and roughly 90.8% of shares are institutionally owned after recent stake increases by major funds.

Myers Industries (NYSE:MYE - Get Free Report) is expected to release its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Myers Industries to post earnings of $0.30 per share and revenue of $209.30 million for the quarter. Interested persons can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Myers Industries (NYSE:MYE - Get Free Report) last posted its earnings results on Thursday, March 5th. The industrial products company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. The company had revenue of $203.97 million during the quarter, compared to the consensus estimate of $202.60 million. Myers Industries had a net margin of 4.23% and a return on equity of 14.46%.

Myers Industries Stock Performance

MYE stock opened at $19.88 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.67 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $743.57 million, a price-to-earnings ratio of 21.38 and a beta of 1.09. Myers Industries has a 12 month low of $10.18 and a 12 month high of $24.03. The firm has a 50 day moving average of $21.46 and a two-hundred day moving average of $19.82.

Myers Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Friday, March 13th were given a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, March 13th. Myers Industries's payout ratio is currently 58.06%.

Analyst Upgrades and Downgrades

Several research firms have commented on MYE. Wall Street Zen downgraded shares of Myers Industries from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 28th. Weiss Ratings restated a "hold (c)" rating on shares of Myers Industries in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $21.00.

Institutional Trading of Myers Industries

A number of institutional investors and hedge funds have recently modified their holdings of MYE. Royal Bank of Canada lifted its stake in shares of Myers Industries by 44.5% in the first quarter. Royal Bank of Canada now owns 24,684 shares of the industrial products company's stock worth $295,000 after buying an additional 7,607 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Myers Industries by 148.8% in the first quarter. AQR Capital Management LLC now owns 166,990 shares of the industrial products company's stock worth $1,992,000 after buying an additional 99,881 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Myers Industries by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,835 shares of the industrial products company's stock worth $260,000 after buying an additional 936 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Myers Industries by 2.7% in the first quarter. Millennium Management LLC now owns 911,626 shares of the industrial products company's stock worth $10,876,000 after buying an additional 23,866 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Myers Industries by 12.2% in the first quarter. Goldman Sachs Group Inc. now owns 320,996 shares of the industrial products company's stock worth $3,829,000 after buying an additional 34,787 shares during the last quarter. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Myers Industries Company Profile

Myers Industries, Inc is a diversified manufacturer of polymer products serving industrial, commercial and consumer markets. The company designs, produces and markets a broad range of molded and fabricated plastic components, including pallets, bulk containers, tanks and drums used in material handling and storage applications. Myers Industries leverages proprietary polymer technologies to provide durable, reusable solutions that help customers optimize supply chain efficiency and reduce environmental impact.

Myers operates primarily through two business segments.

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