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NYSE:MYE

Myers Industries (MYE) Stock Price, News & Analysis

Myers Industries logo
$11.59 +0.53 (+4.79%)
Closing price 05/2/2025 03:59 PM Eastern
Extended Trading
$11.40 -0.19 (-1.64%)
As of 05/2/2025 07:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Myers Industries Stock (NYSE:MYE)

Key Stats

Today's Range
$10.73
$11.65
50-Day Range
$9.17
$13.14
52-Week Range
$9.06
$23.05
Volume
404,925 shs
Average Volume
337,300 shs
Market Capitalization
$432.26 million
P/E Ratio
27.60
Dividend Yield
4.66%
Price Target
$22.00
Consensus Rating
Hold

Company Overview

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio.

Myers Industries Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

MYE MarketRank™: 

Myers Industries scored higher than 79% of companies evaluated by MarketBeat, and ranked 63rd out of 179 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Myers Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Myers Industries has received no research coverage in the past 90 days.

  • Read more about Myers Industries' stock forecast and price target.
  • 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 27.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.98.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Myers Industries is 27.60, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 21.20.

  • Price to Book Value per Share Ratio

    Myers Industries has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.96% of the float of Myers Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Myers Industries has a short interest ratio ("days to cover") of 2.1, 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 11.04%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Myers Industries is a leading dividend payer. It pays a dividend yield of 4.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Myers Industries is 192.86%. 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.

  • Read more about Myers Industries' dividend.
  • Percentage of Shares Shorted

    1.96% of the float of Myers Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Myers Industries has a short interest ratio ("days to cover") of 2.1, 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 11.04%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Myers Industries has a news sentiment score of 0.98. 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 higher news sentiment than the 0.56 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Myers Industries this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for MYE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Myers Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Myers Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,985.00 in company stock and sold $0.00 in 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.

  • Read more about Myers Industries' insider trading history.
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MYE Stock News Headlines

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A storm is brewing in the markets: new tariffs, recession warnings, and panic in the headlines. That’s when publisher Brett Aitken turns to Whitney Tilson—a man CNBC once dubbed “The Prophet.” Tilson just released a new prediction that runs counter to what mainstream finance is telling you.
Myers Industries Announces First Quarter 2025 Results
See More Headlines

MYE Stock Analysis - Frequently Asked Questions

Myers Industries' stock was trading at $11.04 at the beginning of 2025. Since then, MYE stock has increased by 5.0% and is now trading at $11.59.
View the best growth stocks for 2025 here
.

Myers Industries, Inc. (NYSE:MYE) issued its earnings results on Thursday, May, 1st. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The industrial products company had revenue of $206.75 million for the quarter, compared to the consensus estimate of $206.80 million. Myers Industries had a trailing twelve-month return on equity of 14.75% and a net margin of 1.88%.
Read the conference call transcript
.

Myers Industries' Board of Directors authorized a share repurchase program on Thursday, March 6th 2025, which authorizes 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 usually a sign that the company's board of directors believes its stock is undervalued.

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.

Myers Industries' top institutional investors include Allspring Global Investments Holdings LLC (5.82%), Bank of New York Mellon Corp (1.21%), Teacher Retirement System of Texas (0.27%) and Victory Capital Management Inc. (0.21%). Insiders that own company stock include Michael Mcgaugh, Bruce M Lisman, William A Foley, Dave Basque, Frederic Jack Liebau Jr, Yvette Dapremont Bright and Lori A Lutey.
View institutional ownership trends
.

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.

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

Record date for 4/4 Dividend
3/14/2025
Ex-Dividend for 4/4 Dividend
3/14/2025
Dividend Payable
4/04/2025
Last Earnings
5/01/2025
Today
5/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
Current Symbol
NYSE:MYE
Employees
2,500
Year Founded
1933

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$22.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+89.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
27.60
Forward P/E Ratio
12.20
P/E Growth
N/A
Net Income
$48.87 million
Pretax Margin
2.90%

Debt

Sales & Book Value

Annual Sales
$835.93 million
Cash Flow
$1.96 per share
Price / Cash Flow
5.91
Book Value
$7.95 per share
Price / Book
1.46

Miscellaneous

Free Float
36,738,000
Market Cap
$432.26 million
Optionable
Optionable
Beta
1.08

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This page (NYSE:MYE) was last updated on 5/5/2025 by MarketBeat.com Staff
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