NYSE:MEI - Methode Electronics Stock Price, Price Target & More

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

Methode Electronics announced a quarterly dividend on Friday, June 15th. Investors of record on Friday, July 13th will be given a dividend of $0.11 per share on Friday, July 27th. This represents a $0.44 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Thursday, July 12th. View Methode Electronics' Dividend History.

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

Methode Electronics is scheduled to release their next quarterly earnings announcement on Wednesday, August, 29th 2018. View Earnings Estimates for Methode Electronics.

Methode Electronics issued an update on its FY19 earnings guidance on Thursday, June, 21st. The company provided earnings per share guidance of $2.81-2.96 for the period, compared to the Thomson Reuters consensus EPS 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 12 month price targets for Methode Electronics' stock. Their forecasts range from $49.00 to $51.00. On average, they expect Methode Electronics' stock price to reach $49.6667 in the next year. This suggests a possible upside of 26.4% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Methode Electronics include Semiconductor Manufacturing Int'l (SMI), Okta (OKTA), National Instruments (NATI), LogMeIn (LOGM), Littelfuse (LFUS), Lenovo Group (LNVGY), Commscope (COMM), TPG Telecom (TPM), Blackbaud (BLKB), Gardner Denver (GDI), Pure Storage (PSTG), ALPS Elec Ltd/ADR (APELY), Gemalto (GTOFF), RIGHTMOVE PLC/ADR (RTMVY) and BlackBerry (BB).

Headlines about MEI stock have been trending somewhat negative this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Methode Electronics earned a news impact score of -0.02 on Accern's scale. They also gave news stories about the electronics maker an impact score of 45.24 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Methode Electronics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.09%) and Alpha Windward LLC (0.03%). 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 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 bought by a variety of institutional investors in the last quarter, including Alpha Windward 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 $39.30.

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]