NYSE:MEI - Methode Electronics Stock Price, News, Headlines & Rumors

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

Methode Electronics declared a quarterly dividend on Friday, June 15th. Investors of record on Friday, July 13th will be paid a dividend of $0.11 per share on Friday, July 27th. This represents a $0.44 annualized dividend and a yield of 1.13%. The ex-dividend date is Thursday, July 12th. View Methode Electronics' Dividend History.

Methode Electronics Inc. (NYSE:MEI) issued its quarterly earnings results on Thursday, June, 21st. The electronics maker reported $0.98 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.24. The electronics maker earned $249 million during the quarter, compared to analysts' expectations of $247.16 million. Methode Electronics had a net margin of 6.30% and a return on equity of 19.04%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 EPS. View Methode Electronics' Earnings History.

Methode Electronics is scheduled to release their next quarterly earnings announcement on Thursday, August, 30th 2018. View Earnings Estimates for Methode Electronics.

Methode Electronics updated its FY19 earnings guidance on Thursday, June, 21st. The company provided EPS guidance of $2.81-2.96 for the period, compared to the Thomson Reuters consensus estimate of $3.09. The company issued revenue guidance of $950-970 million, compared to the consensus revenue estimate of $974.85 million.

3 equities research analysts have issued twelve-month target prices for Methode Electronics' stock. Their predictions 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 28.9% from the stock's current price. View Analyst Price Targets for Methode Electronics.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methode Electronics in the last year. There are currently 3 buy ratings 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 Gardner Denver (GDI), ALPS Elec Ltd/ADR (APELY), YY (YY), RealPage (RP), TPG Telecom (TPM), BlackBerry (BB), Gemalto (GTOFF), Etsy (ETSY), Littelfuse (LFUS), PLDT (PHI), RIGHTMOVE PLC/ADR (RTMVY), Universal Display (OLED), Trade Desk (TTD), BROTHER INDUSTR/ADR (BRTHY) and Siliconware Precision Industries (SPIL).

Media coverage about MEI stock has trended somewhat positive this week, Accern reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Methode Electronics earned a media and rumor sentiment score of 0.10 on Accern's scale. They also assigned press coverage about the electronics maker an impact score of 45.54 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Methode Electronics.

Methode Electronics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.70%), Dimensional Fund Advisors LP (5.55%), Royce & Associates LP (3.43%), LSV Asset Management (2.91%), Bank of New York Mellon Corp (2.74%) and Ariel Investments LLC (2.37%). 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, Rodger Dean Perry and Timothy Glandon. View Institutional Ownership Trends for Methode Electronics.

MEI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Wedge Capital Management L L P NC, Martingale Asset Management L P, First Trust Advisors LP, Rice Hall James & Associates LLC, Dean Capital Management, Bessemer Group Inc. and Smith Asset Management Group LP. 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 purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, BlackRock Inc., Segall Bryant & Hamill LLC, Ariel Investments LLC, Integrated Investment Consultants LLC, Royce & Associates LP, Baird Financial Group Inc. and Systematic Financial Management LP. 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 $38.80.

Methode Electronics has a market capitalization of $1.45 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.

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]