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 announced a quarterly dividend on Friday, September 14th. Stockholders of record on Friday, October 12th will be given a dividend of $0.11 per share on Friday, October 26th. This represents a $0.44 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Thursday, October 11th. View Methode Electronics' Dividend History.

Methode Electronics Inc. (NYSE:MEI) announced its quarterly earnings data on Thursday, December, 6th. The electronics maker reported $0.75 EPS for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.08. The electronics maker earned $264 million during the quarter, compared to analysts' expectations of $269.57 million. Methode Electronics had a return on equity of 19.33% and a net margin of 5.27%. Methode Electronics's revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. View Methode Electronics' Earnings History.

Methode Electronics is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Methode Electronics.

Methode Electronics updated its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share (EPS) guidance of $2.02-2.33 for the period, compared to the Thomson Reuters consensus estimate of $2.67. The company issued revenue guidance of $1.0-1.04 billion, compared to the consensus revenue estimate of $1.06 billion.Methode Electronics also updated its FY 2019 guidance to $2.02-2.33 EPS.

2 brokerages have issued 1 year price objectives for Methode Electronics' stock. Their forecasts range from $25.00 to $31.59. On average, they anticipate Methode Electronics' share price to reach $28.2950 in the next year. This suggests a possible upside of 20.6% 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.

News coverage about MEI stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Methode Electronics earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Some companies that are related to Methode Electronics include Silicon Laboratories (SLAB), Coupa Software (COUP), J2 Global (JCOM), CASIO COMPUTER/ADR (CSIOY), Advantest (ATEYY), Vipshop (VIPS), Anaplan (PLAN), Chegg (CHGG), Paylocity (PCTY), Generac (GNRC), 2U (TWOU), Commscope (COMM), ASGN (ASGN), Blackbaud (BLKB) and Telecom Italia (TI.A).

Methode Electronics' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.28%), Vanguard Group Inc. (9.84%), Royce & Associates LP (4.07%), LSV Asset Management (3.16%), Bank of New York Mellon Corp (2.25%) and Renaissance Technologies LLC (1.95%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Isabelle C Goossen, Joseph Elias Khoury, Lawrence B Skatoff 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, Bank of New York Mellon Corp, JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Thrivent Financial for Lutherans, Allianz Asset Management GmbH and AQR Capital Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Royce & Associates LP, BlackRock Inc., Thompson Siegel & Walmsley LLC, LSV Asset Management, Vanguard Group Inc., Investment Counselors of Maryland LLC and Matarin Capital Management LLC. 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 $23.47.

Methode Electronics has a market capitalization of $888.03 million 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]