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 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend 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 EPS for the quarter, topping the consensus estimate 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%. The business's revenue was up 13.3% on a year-over-year basis. 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 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 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 objectives for Methode Electronics' shares. Their forecasts range from $49.00 to $51.00. On average, they expect Methode Electronics' stock price to reach $50.00 in the next year. This suggests a possible upside of 27.7% 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 Commscope (COMM), Semiconductor Manufacturing Int'l (SMI), Blackbaud (BLKB), LogMeIn (LOGM), Littelfuse (LFUS), National Instruments (NATI), TPG Telecom (TPM), Pure Storage (PSTG), MKS Instruments (MKSI), BlackBerry (BB), Gemalto (GTOFF), Gardner Denver (GDI), PLDT (PHI), RIGHTMOVE PLC/ADR (RTMVY) and ALPS Elec Ltd/ADR (APELY).

News headlines about MEI stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty 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 0.20 on Accern's scale. They also assigned news headlines about the electronics maker an impact score of 49.55 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Methode Electronics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.09%), Alpha Windward LLC (0.03%), Municipal Employees Retirement System of Michigan (0.03%), Hartford Investment Management Co. (0.02%) and Creative Planning (0.01%). 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 bought by a variety of institutional investors in the last quarter, including Alpha Windward LLC, Hartford Investment Management Co. and Creative Planning. 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 $39.15.

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]