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. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.09%. 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $0.62 EPS. View Methode Electronics' Earnings History.

Methode Electronics issued an update on its FY19 earnings guidance on Thursday, June, 21st. 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 $3.09. The company issued revenue guidance of $950-970 million, compared to the consensus revenue estimate of $974.85 million.

3 brokers have issued 1-year price targets for Methode Electronics' stock. Their forecasts range from $49.00 to $51.00. On average, they anticipate Methode Electronics' stock price to reach $49.6667 in the next twelve months. View Analyst Ratings for Methode Electronics.

Some companies that are related to Methode Electronics include SUMCO Corp/ADR (SUOPY), Millicom (MIICF), LG Display (LPL), Lenovo Group (LNVGY), Zendesk (ZEN), Prysmian (PRY), SES (SGBAF), Monolithic Power Systems (MPWR), Fair Isaac (FICO), RingCentral (RNG), MuleSoft (MULE), New Relic (NEWR), LogMeIn (LOGM), Cavium (CAVM) and Littelfuse (LFUS).

Media stories about MEI stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Methode Electronics earned a media sentiment score of 0.01 on Accern's scale. They also assigned media stories about the electronics maker an impact score of 45.06 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Methode Electronics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.61%), Dimensional Fund Advisors LP (5.58%), Westwood Holdings Group Inc. (3.90%), Silvercrest Asset Management Group LLC (3.36%), Wedge Capital Management L L P NC (1.73%) and Northern Trust Corp (1.45%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Douglas A Koman, Isabelle C Goossen, Joseph Elias Khoury, Kill Theodore, Lawrence B Skatoff, Paul G Shelton, Rodger Dean Perry, Ronald LG Tsoumas 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 JPMorgan Chase & Co., Smith Asset Management Group LP, Thompson Siegel & Walmsley LLC, Barclays PLC, Heartland Advisors Inc., Citadel Advisors LLC, Thrivent Financial for Lutherans and Opus Capital Group 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 Wedge Capital Management L L P NC, BlackRock Inc., Westwood Holdings Group Inc., WBI Investments Inc., Comerica Bank, Matarin Capital Management LLC, Dean Investment Associates LLC and Stifel Financial Corp. 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 $40.20.

Methode Electronics has a market capitalization of $1.54 billion and generates $908.30 million in revenue each year. The electronics maker earns $92.90 million in net income (profit) each year or $3.00 on an earnings per share basis. Methode Electronics employs 4,464 workers across the globe.

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