Myers Industries (MYE) Stock Price, News & Analysis

Company Overview

Myers Industries, Inc. is a diversified manufacturer of polymer products serving industrial, commercial and consumer markets. The company designs, produces and markets a broad range of molded and fabricated plastic components, including pallets, bulk containers, tanks and drums used in material handling and storage applications. Myers Industries leverages proprietary polymer technologies to provide durable, reusable solutions that help customers optimize supply chain efficiency and reduce environmental impact.

Myers operates primarily through two business segments. The Industrial segment focuses on heavy-duty products for manufacturing, warehousing and distribution, such as stackable pallets, returnable containers and custom plastic components. The Consumer Solutions segment, which includes the Seville Classics brand, offers home organization and storage products, such as shelving units, closet systems and storage drawers, sold through major retailers and e-commerce channels.

Founded in 1933 and headquartered in Akron, Ohio, Myers Industries serves customers across North America and select international markets. The company’s integrated manufacturing network includes injection molding, rotational molding and fabrication facilities designed to support scalable production. Under the leadership of President and Chief Executive Officer Jamie Minarik, Myers Industries continues to invest in new product development, automation technologies and sustainability initiatives to meet evolving customer needs and drive long-term growth.

Key Stats

• Today's Range: $16.60 to $16.89
• 50-Day Range: $14.65 to $17.07
• 52-Week Range: $9.06 to $17.25
• Volume: 181,078 shs
• Average Volume: 236,155 shs
• Market Capitalization: $624.19 million
• P/E Ratio: 64.17
• Dividend Yield: 3.24%
• Price Target: $21.00
• Consensus Rating: Moderate Buy

Myers Industries Stock Analysis - MarketRank™

Myers Industries scored higher than 76% of companies evaluated by MarketBeat, and ranked 73rd out of 182 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Myers Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Myers Industries has a consensus price target of $21.00, representing about 25.9% upside from its current price of $16.69.

Amount of Analyst Coverage

Myers Industries has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 23.16%

Earnings Growth

Earnings for Myers Industries are expected to grow by 23.16% in the coming year, from $0.95 to $1.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Myers Industries is 64.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Myers Industries is 64.17, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 301.86.

Price to Book Value per Share Ratio

Myers Industries has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.41% of the outstanding shares of Myers Industries have been sold short.

Short Interest Ratio / Days to Cover

Myers Industries has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Myers Industries has recently increased by 27.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Myers Industries pays a meaningful dividend of 3.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Myers Industries does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Myers Industries is 207.69%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Myers Industries will have a dividend payout ratio of 46.15% next year. This indicates that Myers Industries will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.41% of the outstanding shares of Myers Industries have been sold short.

Short Interest Ratio / Days to Cover

Myers Industries has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Myers Industries has recently increased by 27.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.33

News Sentiment

Myers Industries has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Myers Industries this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Myers Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.85% of the stock of Myers Industries is held by insiders.

Percentage Held by Institutions

90.82% of the stock of Myers Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MYE Stock Analysis - Frequently Asked Questions

How have MYE shares performed this year?

Myers Industries' stock was trading at $11.04 at the beginning of the year. Since then, MYE stock has increased by 51.1% and is now trading at $16.6850.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) posted its quarterly earnings data on Thursday, July, 31st. The industrial products company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The industrial products company had revenue of $209.58 million for the quarter, compared to the consensus estimate of $220.60 million. Myers Industries had a net margin of 1.20% and a trailing twelve-month return on equity of 13.02%.
Read the conference call transcript.

Is Myers Industries doing a stock buyback?

Myers Industries' board approved a share repurchase program on Thursday, March 6th 2025, which allows the company to repurchase $10,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 2.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Does Myers Industries have any subsidiaries?

Myers Industries subsidiaries include these companies: Elkhart Plastics Inc., Tuffy Manufacturing Industries Inc., Akro-Mils, Ameri-Kart Corp., Ameri-Kart (MI) Corp., Buckhorn Canada, Buckhorn Inc., and others.

How do I buy shares of Myers Industries?

Shares of MYE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Myers Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Myers Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), Broadcom (AVGO) and Netflix (NFLX).

Company Calendar

• Last Earnings: 7/31/2025
• Record date for 10/2 Dividend: 9/12/2025
• Ex-Dividend for 10/2 Dividend: 9/12/2025
• Dividend Payable: 10/02/2025
• Today: 10/07/2025
• Next Earnings (Estimated): 10/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: RUBBER&PLASTICS
• Sub-Industry: Metal & Glass Containers
• Current Symbol: NYSE:MYE
• CIK: 69488
• Web: www.myersindustries.com
• Phone: (330) 253-5592
• Fax: 330-761-6156
• Employees: 2,700
• Year Founded: 1933

Price Target and Rating

• Average Price Target for Myers Industries: $21.00
• High Price Target: $21.00
• Low Price Target: $21.00
• Potential Upside/Downside: +25.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.26
• Trailing P/E Ratio: 64.17
• Forward P/E Ratio: 17.56
• P/E Growth: N/A
• Net Income: $7.20 million
• Net Margins: 1.20%
• Pretax Margin: 1.93%
• Return on Equity: 13.02%
• Return on Assets: 4.13%

Debt

• Debt-to-Equity Ratio: 1.24
• Current Ratio: 1.77
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $825.28 million
• Price / Sales: 0.76
• Cash Flow: $2.24 per share
• Price / Cash Flow: 7.45
• Book Value: $7.45 per share
• Price / Book: 2.24

Miscellaneous

• Outstanding Shares: 37,410,000
• Free Float: 36,718,000
• Market Cap: $624.19 million
• Optionable: Optionable
• Beta: 1.15