NYSE:MEI - Methode Electronics Stock Price, News, & Analysis

Methode Electronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEI."

Methode Electronics declared a quarterly dividend on Friday, September 14th. Stockholders of record on Friday, October 12th will be paid a dividend of $0.11 per share on Friday, October 26th. This represents a $0.44 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Thursday, October 11th. View Methode Electronics' Dividend History.

Methode Electronics Inc. (NYSE:MEI) announced its quarterly earnings results on Thursday, August, 30th. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.03. The electronics maker earned $223.40 million during the quarter, compared to analyst estimates of $230.69 million. Methode Electronics had a return on equity of 18.93% and a net margin of 6.49%. Methode Electronics's quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.55 EPS. View Methode Electronics' Earnings History.

Methode Electronics is scheduled to release their next quarterly earnings announcement on Thursday, December 6th 2018. View Earnings Estimates for Methode Electronics.

Methode Electronics issued an update on its FY19 earnings guidance on Thursday, August, 30th. The company provided earnings per share guidance of $2.81-2.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.87. The company issued revenue guidance of $950-970 million, compared to the consensus revenue estimate of $963.01 million.

2 Wall Street analysts have issued 12 month target prices for Methode Electronics' shares. Their forecasts range from $49.00 to $51.00. On average, they anticipate Methode Electronics' stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 76.1% from the stock's current price. View Analyst Price Targets for Methode Electronics.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methode Electronics in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Methode Electronics.

Some companies that are related to Methode Electronics include Rocket Internet (RKET), Pegasystems (PEGA), LogMeIn (LOGM), ARRIS International (ARRS), Teradata (TDC), Echostar (SATS), United States Cellular (USM), SUMCO Corp/ADR (SUOPY), MKS Instruments (MKSI), Software (STWRY), Jabil (JBL), SYNNEX (SNX), Semiconductor Manufacturing Int'l (SMI), Lumentum (LITE) and Scout24 (G24).

Methode Electronics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (0.70%), Bank of Montreal Can (0.03%) and First Hawaiian Bank (0.02%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Isabelle C Goossen, Joseph Elias Khoury, Lawrence B Skatoff, Paul G Shelton and Rodger Dean Perry. View Institutional Ownership Trends for Methode Electronics.

MEI stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC and Bank of Montreal Can. Company insiders that have sold Methode Electronics company stock in the last year include Isabelle C Goossen and Joseph Elias Khoury. View Insider Buying and Selling for Methode Electronics.

MEI stock was acquired by a variety of institutional investors in the last quarter, including First Hawaiian Bank. Company insiders that have bought Methode Electronics stock in the last two years include Bruno P Geremia and Rodger Dean Perry. View Insider Buying and Selling for Methode Electronics.

Shares of MEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MEI stock can currently be purchased for approximately $28.39.

Methode Electronics has a market capitalization of $1.06 billion and generates $908.30 million in revenue each year. The electronics maker earns $57.20 million in net income (profit) each year or $3.00 on an earnings per share basis. Methode Electronics employs 5,056 workers across the globe.

The official website for Methode Electronics is http://www.methode.com.

Methode Electronics' mailing address is 7401 W WILSON AVE, CHICAGO IL, 60706. The electronics maker can be reached via phone at 708-867-6777 or via email at [email protected]