Methode Electronics (MEI) to Release Quarterly Earnings on Wednesday

Key Points

• Methode Electronics is expected to report Q1 2027 earnings before the market opens on Wednesday, September 2. Analysts forecast a loss of $0.27 per share and revenue of approximately $238.0 million; the conference call is scheduled for September 3 at 8:00 a.m. ET.
• The company’s prior quarter fell short on earnings, reporting a $0.30-per-share loss versus the consensus loss estimate of $0.11, although revenue of $298.1 million exceeded expectations.
• MEI shares recently traded at $17.83, up 4.5%, while analyst sentiment remains mixed with an average “Hold” rating and a $22 price target. The company also maintains a quarterly dividend of $0.05 per share, yielding about 1.1%.

Methode Electronics (NYSE:MEI - Get Free Report) will likely be posting its Q1 2027 results before the market opens on Wednesday, September 2nd. Analysts expect Methode Electronics to announce earnings of ($0.27) per share and revenue of $237.9850 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2027 earning report for the latest details on the call scheduled for Thursday, September 3, 2026 at 8:00 AM ET.

Methode Electronics (NYSE:MEI - Get Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The electronics maker reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.19). The firm had revenue of $298.10 million for the quarter, compared to analyst estimates of $238.46 million. Methode Electronics had a negative return on equity of 5.59% and a negative net margin of 3.50%. On average, analysts expect Methode Electronics to post $-1 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Methode Electronics Stock Up 4.5%

NYSE:MEI opened at $17.83 on Friday. The stock has a 50-day simple moving average of $15.84 and a 200 day simple moving average of $11.14. Methode Electronics has a 52-week low of $4.88 and a 52-week high of $20.38. The company has a market cap of $632.39 million, a PE ratio of -17.65 and a beta of 1.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 2.37.

Methode Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 17th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, July 17th. Methode Electronics's dividend payout ratio (DPR) is currently -19.80%.

Institutional Investors Weigh In On Methode Electronics

A number of institutional investors and hedge funds have recently made changes to their positions in MEI. EverSource Wealth Advisors LLC grew its stake in shares of Methode Electronics by 1,027.4% in the second quarter. EverSource Wealth Advisors LLC now owns 3,089 shares of the electronics maker's stock valued at $29,000 after buying an additional 2,815 shares in the last quarter. Mackenzie Financial Corp bought a new stake in Methode Electronics during the third quarter worth $103,000. XTX Topco Ltd bought a new stake in Methode Electronics during the second quarter worth $107,000. Quantbot Technologies LP lifted its stake in Methode Electronics by 92.7% in the third quarter. Quantbot Technologies LP now owns 17,331 shares of the electronics maker's stock valued at $131,000 after acquiring an additional 8,336 shares during the last quarter. Finally, Strs Ohio acquired a new stake in Methode Electronics in the first quarter valued at $133,000. Institutional investors own 95.49% of the company's stock.

Wall Street Analyst Weigh In

MEI has been the topic of a number of recent research reports. Zacks Research upgraded shares of Methode Electronics from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 4th. Robert W. Baird increased their target price on shares of Methode Electronics from $8.50 to $16.00 and gave the stock a "neutral" rating in a report on Friday, June 26th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Methode Electronics in a research report on Friday, July 17th. Barrington Research upgraded shares of Methode Electronics from a "market perform" rating to an "outperform" rating and set a $25.00 price target on the stock in a research note on Monday, June 29th. Finally, Craig Hallum assumed coverage on shares of Methode Electronics in a research report on Tuesday. They set a "buy" rating and a $30.00 price target on the stock. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Methode Electronics currently has an average rating of "Hold" and an average price target of $22.00.

Methode Electronics Company Profile

Methode Electronics, Inc is a Chicago-based global manufacturer of custom-engineered electronic and electromechanical components and assemblies. Founded in 1946, Methode specializes in providing solutions that integrate electrical connectors, sensors, switches, human-machine interface devices and power distribution modules. The company's product portfolio addresses complex application requirements across a broad range of end markets, including automotive, industrial, energy, healthcare and data/telecommunications.

In its automotive segment, Methode develops advanced connector systems, circuit protection devices and thermal management solutions for internal combustion, hybrid and electric vehicles.

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