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. Investors 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 yield of 1.12%. The ex-dividend date is Thursday, July 12th. View Methode Electronics' Dividend History.

Methode Electronics Inc. (NYSE:MEI) issued its quarterly earnings results on Thursday, June, 21st. The electronics maker reported $0.98 earnings per share 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 return on equity of 19.04% and a net margin of 6.30%. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $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 (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 equities research analysts have issued 1-year price targets for Methode Electronics' stock. Their predictions range from $49.00 to $51.00. On average, they expect Methode Electronics' share price to reach $50.00 in the next twelve months. This suggests a possible upside of 26.7% 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), Lenovo Group (LNVGY), Littelfuse (LFUS), LogMeIn (LOGM), National Instruments (NATI), Blackbaud (BLKB), MKS Instruments (MKSI), Pure Storage (PSTG), TPG Telecom (TPM), Gemalto (GTOFF), Gardner Denver (GDI), PLDT (PHI), RIGHTMOVE PLC/ADR (RTMVY), ALPS Elec Ltd/ADR (APELY) and BlackBerry (BB).

News stories about MEI stock have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog 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 daily sentiment score of 0.12 on Accern's scale. They also gave media stories about the electronics maker an impact score of 47.15 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Methode Electronics' stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.09%), Alpha Windward LLC (0.03%), Municipal Employees Retirement System of Michigan (0.03%) and Hartford Investment Management Co. (0.02%). 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 Municipal Employees Retirement System of Michigan and 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 acquired by a variety of institutional investors in the last quarter, including Alpha Windward LLC and Hartford Investment Management Co.. 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 $39.45.

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]