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. Investors 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 dividend on an annualized basis and a yield of 1.51%. 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, August, 30th. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.03. The electronics maker had revenue of $223.40 million for the quarter, compared to analysts' expectations of $230.69 million. Methode Electronics had a net margin of 6.49% and a return on equity of 18.93%. Methode Electronics's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business 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 (EPS) guidance of $2.81-2.96 for the period, compared to the Thomson Reuters consensus EPS 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 71.2% 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 this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Methode Electronics earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media stories about the electronics maker a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Some companies that are related to Methode Electronics include ALPS Elec Ltd/ADR (APELY), Dainippon Screen (DINRF), Flex (FLEX), Mongodb (MDB), United Microelectronics (UMC), YY (YY), Universal Display (OLED), Pegasystems (PEGA), BROTHER INDUSTR/ADR (BRTHY), SUMCO Corp/ADR (SUOPY), PCCW (PCCWY), ViaSat (VSAT), Semiconductor Manufacturing Int'l (SMI), Jabil (JBL) and Echostar (SATS).

Methode Electronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.28%), Royce & Associates LP (4.07%), LSV Asset Management (3.16%), Bank of New York Mellon Corp (2.25%), Renaissance Technologies LLC (1.95%) and NWQ Investment Management Company LLC (1.89%). 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, 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 acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, BlackRock Inc., Thompson Siegel & Walmsley LLC, LSV Asset Management, Investment Counselors of Maryland LLC, Matarin Capital Management LLC, Engineers Gate Manager LP and Bridge City Capital 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 $29.20.

Methode Electronics has a market capitalization of $1.10 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]