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 declared 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 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, July 12th. View Methode Electronics' Dividend History.

Methode Electronics Inc. (NYSE:MEI) announced its earnings results on Wednesday, June, 20th. The electronics maker reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.24. The electronics maker had revenue of $249 million for the quarter, compared to the consensus estimate of $247.16 million. Methode Electronics had a net margin of 4.95% and a return on equity of 17.84%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.62 EPS. View Methode Electronics' Earnings History.

Methode Electronics is scheduled to release their next quarterly earnings announcement on Thursday, June, 21st 2018. View Earnings Estimates for Methode Electronics.

Methode Electronics updated 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 brokers have issued 1-year price targets for Methode Electronics' shares. 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. View Analyst Ratings for Methode Electronics.

Some companies that are related to Methode Electronics include NIKON Corp/ADR (NINOY), BlackBerry (BB), LG Display (LPL), Semiconductor Manufacturing Int'l (SMI), SINA (SINA), Proofpoint (PFPT), BWX Technologies (BWXT), Osram (OSAGF), Cypress Semiconductor (CY), ZTE (ZTCOY), SUMCO Corp/ADR (SUOPY), Millicom (MIICF), Zendesk (ZEN), RingCentral (RNG) and New Relic (NEWR).

News headlines about MEI stock have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Methode Electronics earned a news sentiment score of 0.05 on Accern's scale. They also gave news headlines about the electronics maker an impact score of 46.20 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Methode Electronics' stock is owned by a number 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 purchased 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 $41.65.

Methode Electronics has a market capitalization of $1.60 billion and generates $816.50 million in revenue each year. The electronics maker earns $92.90 million in net income (profit) each year or $2.55 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]