Myers Industries Company Profile (NYSE:MYE)

About Myers Industries

Myers Industries logoMyers Industries, Inc. is an international manufacturing and distribution company. The Company operates through two segments: Material Handling, which designs, manufactures and markets a range of plastic and metal products, and Distribution, which is engaged in the distribution of equipment, tools and supplies used for tire servicing and automotive undervehicle repair and the manufacture of tire repair and retreading products. The Material Handling segment offers products under the brands, including Buckhorn, Novel, Jamco Products and Akro-Mils. The Distribution segment offers products under the brands, including the Myers Tire Supply, Myers Tire Supply International and Patch Rubber Company brands. It operates approximately 20 manufacturing facilities, 20 sales offices, four distribution centers and over three distribution branches located across North, Central and South America. It offers approximately 15,500 manufactured products and 12,500 distributed products.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Rubber & Plastics
  • Sub-Industry: Metal & Glass Containers
  • Exchange: NYSE
  • Symbol: MYE
  • CUSIP: 62846410
Key Metrics:
  • Previous Close: $14.00
  • 50 Day Moving Average: $13.94
  • 200 Day Moving Average: $13.74
  • 52-Week Range: $10.81 - $15.86
  • Trailing P/E Ratio: 130.84
  • Foreward P/E Ratio: 35.00
  • P/E Growth: 10.14
  • Market Cap: $418.91M
  • Outstanding Shares: 29,922,000
  • Beta: 1.56
Profitability:
  • Net Margins: 0.48%
  • Return on Equity: 15.52%
  • Return on Assets: 3.66%
Debt:
  • Debt-to-Equity Ratio: 2.00%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.21%
Additional Links:
Companies Related to Myers Industries:

Analyst Ratings

Consensus Ratings for Myers Industries (NYSE:MYE) (?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $13.00 (7.14% downside)

Analysts' Ratings History for Myers Industries (NYSE:MYE)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017SidotiInitiated CoverageBuyView Rating Details
11/29/2016KeyCorpDowngradeSector Weight -> Underweight$13.00View Rating Details
7/29/2015RoweBoost Price TargetBuy$1.46View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Myers Industries (NYSE:MYE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
11/8/2016Q316$0.08$0.04$131.65 million$132.70 millionViewListenView Earnings Details
8/3/2016Q216$0.23$0.21$152.90 million$144.10 millionViewN/AView Earnings Details
5/2/2016Q116$0.12$0.21$148.00 million$151.20 millionViewN/AView Earnings Details
2/25/2016Q415$0.15$0.06$142.10 million$139.20 millionViewListenView Earnings Details
10/29/2015Q315$0.15$0.09$148.65 million$141.70 millionViewListenView Earnings Details
7/23/2015Q215$0.24$0.32$170.90 million$164.30 millionViewListenView Earnings Details
5/1/2015Q115$0.09$0.13$158.60 million$156.30 millionViewN/AView Earnings Details
2/25/2015Q314$0.10$0.13$165.25 million$158.30 millionViewN/AView Earnings Details
10/28/2014Q3 14$0.17$0.15ViewN/AView Earnings Details
9/17/2014$0.23$0.22ViewN/AView Earnings Details
7/24/2014Q214$0.26$0.22$209.90 million$152.78 millionViewN/AView Earnings Details
4/24/2014$0.23$0.16ViewN/AView Earnings Details
2/20/2014Q413$0.28$0.26$220.75 million$211.30 millionViewN/AView Earnings Details
10/24/2013Q313$0.25$0.25$208.95 million$194.92 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.21$0.25$198.15 million$204.02 millionViewN/AView Earnings Details
2/13/2013Q4 2012$0.28$0.25$221.85 million$214.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Myers Industries (NYSE:MYE)
Current Year EPS Consensus Estimate: $0.46 EPS
Next Year EPS Consensus Estimate: $0.40 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.11$0.11$0.11
Q2 20161$0.23$0.23$0.23
Q3 20161$0.08$0.08$0.08
Q4 20161$0.01$0.01$0.01
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Myers Industries (NYSE:MYE)
Annual Dividend:$0.54
Dividend Yield:3.86%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:600.00% (Based on Trailing 12 Months of Earnings)
117.39% (Based on Current Year Consensus EPS Estimate)
135.00% (Based on Next Year Consensus EPS Estimate)
Track Record:7 Years of Consecutive Dividend Growth

Dividend History for Myers Industries (NYSE:MYE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/21/2016quarterly$0.143.61%11/30/201612/2/20161/3/2017
8/15/2016quarterly$0.143.79%8/31/20169/2/201610/3/2016
6/6/2016quarterly$0.143.54%6/15/20166/17/20167/5/2016
3/3/2016quarterly$0.144.39%3/11/20163/15/20164/4/2016
10/26/2015quarterly$0.143.8%11/24/201511/27/20151/4/2016
8/3/2015quarterly$0.143.64%9/2/20159/4/201510/5/2015
5/28/2015quarterly$0.143.12%6/10/20156/12/20157/1/2015
3/6/2015quarterly$0.142.91%3/12/20153/16/20154/1/2015
10/27/2014quarterly$0.133.06%11/25/201411/28/20141/5/2015
8/4/2014quarterly$0.132.72%9/3/20149/5/201410/6/2014
5/28/2014quarterly$0.132.45%6/11/20146/13/20147/1/2014
2/20/2014quarterly$0.132.59%3/6/20143/10/20144/1/2014
10/28/2013quarterly$0.091.95%11/26/201311/29/20131/3/2014
8/5/2013quarterly$0.091.85%9/4/20139/6/201310/7/2013
5/28/2013quarterly$0.092.45%6/12/20136/14/20137/1/2013
3/1/2013quarterly$0.092.37%3/7/20133/11/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Myers Industries (NYSE:MYE)
Insider Ownership Percentage: 3.29%
Institutional Ownership Percentage: 85.15%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/22/2016Gamco Investors, Inc. Et AlMajor ShareholderSell500$14.80$7,400.00View SEC Filing  
8/16/2016Jane ScaccettiDirectorBuy2,000$14.64$29,280.00View SEC Filing  
8/12/2016John B CroweDirectorBuy1,000$14.00$14,000.00View SEC Filing  
7/15/2016Gamco Investors, Inc. Et AlMajor ShareholderSell1,200$15.71$18,852.00View SEC Filing  
5/13/2016Gamco Investors, Inc. Et AlMajor ShareholderSell500$14.39$7,195.00View SEC Filing  
5/5/2016R David BanyardCEOBuy20,000$13.90$278,000.00View SEC Filing  
5/4/2016Jane ScaccettiDirectorBuy2,800$13.70$38,360.00View SEC Filing  
12/3/2015John C. OrrCEOSell50,000$15.49$774,500.00View SEC Filing  
11/4/2015John C. OrrCEOSell9,893$14.56$144,042.08View SEC Filing  
11/3/2015John C. OrrCEOSell14,500$14.48$209,960.00View SEC Filing  
11/2/2015John C. OrrCEOSell25,607$14.64$374,886.48View SEC Filing  
10/5/2015John C. OrrCEOSell69,800$14.15$987,670.00View SEC Filing  
9/21/2015John C OrrCEOSell1,067$14.00$14,938.00View SEC Filing  
9/17/2015John C OrrCEOSell6,800$14.00$95,200.00View SEC Filing  
9/11/2015Frederic Jack Liebau JrDirectorBuy5,000$12.80$64,000.00View SEC Filing  
9/1/2015John C OrrCEOSell22,333$14.02$313,108.66View SEC Filing  
8/27/2015Bruce M LismanDirectorBuy2,000$13.33$26,660.00View SEC Filing  
8/25/2015John B CroweDirectorBuy1,000$13.72$13,720.00View SEC Filing  
5/22/2015Frederic Jack Liebau JrDirectorBuy5,000$17.42$87,100.00View SEC Filing  
5/18/2015John B CroweDirectorBuy1,000$17.54$17,540.00View SEC Filing  
11/5/2014John B CroweDirectorBuy1,000$15.50$15,500.00View SEC Filing  
10/31/2014Daniel R LeeDirectorBuy1,000$14.92$14,920.00View SEC Filing  
10/31/2014John C OrrCEOBuy2,000$14.62$29,240.00View SEC Filing  
4/30/2014Greggory W BranningCFOBuy2,000$18.67$37,340.00View SEC Filing  
4/29/2014John C OrrCEOBuy2,000$18.61$37,220.00View SEC Filing  
4/28/2014John B CroweDirectorBuy2,000$19.49$38,980.00View SEC Filing  
2/27/2014John C OrrCEOSell10,000$20.64$206,400.00View SEC Filing  
2/20/2014John C OrrCEOSell10,000$19.82$198,200.00View SEC Filing  
2/13/2014John C OrrCEOSell10,000$19.58$195,800.00View SEC Filing  
2/6/2014John C OrrCEOSell10,000$19.34$193,400.00View SEC Filing  
1/30/2014John C OrrCEOSell10,000$19.11$191,100.00View SEC Filing  
1/23/2014John C OrrCEOSell6,263$19.92$124,758.96View SEC Filing  
1/15/2014John C OrrCEOSell10,000$19.99$199,900.00View SEC Filing  
1/8/2014John C OrrCEOSell10,000$20.13$201,300.00View SEC Filing  
5/15/2013Sarah R CoffinDirectorBuy1,000$15.17$15,170.00View SEC Filing  
5/13/2013Daniel R LeeDirectorBuy2,000$15.20$30,400.00View SEC Filing  
5/6/2013Daniel R LeeDirectorBuy2,000$14.99$29,980.00View SEC Filing  
5/3/2013Daniel R LeeDirectorBuy14,203$14.48$205,659.44View SEC Filing  
2/19/2013Greggory W BranningCFOBuy3,500$13.80$48,300.00View SEC Filing  
8/23/2012John B CroweDirectorBuy2,000$14.87$29,740.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Myers Industries (NYSE:MYE)
DateHeadline
4-traders.com logoMyers Industries : Announces Date for 2017 Annual Meeting (NYSE:MYE)
www.4-traders.com - February 20 at 9:58 AM
finance.yahoo.com logoIndustrial Rubber Products Market 2015-2022 - Global Strategic Business Report 2017 (NYSE:MYE)
in.finance.yahoo.com - February 17 at 4:57 PM
finance.yahoo.com logoMyers Industries Announces Date for 2017 Annual Meeting (NYSE:MYE)
finance.yahoo.com - February 17 at 4:57 PM
capitalcube.com logoMyers Industries, Inc. : MYE-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 27, 2017 (NYSE:MYE)
www.capitalcube.com - January 28 at 2:15 AM
News IconGoodwill Industries of Southwest Florida receives $38K grant (NYSE:MYE)
www.prlog.org - January 25 at 8:15 PM
News IconEmployee faces charges in death at Michigan molding plant (NYSE:MYE)
www.plasticsnews.com - January 13 at 12:17 AM
capitalcube.com logoMyers Industries, Inc. – Value Analysis (NYSE:MYE) : January 11, 2017 (NYSE:MYE)
www.capitalcube.com - January 11 at 7:21 PM
capitalcube.com logoMyers Industries, Inc. breached its 50 day moving average in a Bearish Manner : MYE-US : January 10, 2017 (NYSE:MYE)
www.capitalcube.com - January 10 at 7:36 PM
News IconNew waste management facility being proposed in Kings County (NYSE:MYE)
www.cbc.ca - January 4 at 7:31 PM
News IconIndustrial Rubber Products Market Global Industry Analysis 2024 (NYSE:MYE)
reports.pr-inside.com - December 20 at 12:42 PM
News IconHere Is What Hedge Funds Think About Myers Industries, Inc. (MYE) (NYSE:MYE)
feedproxy.google.com - December 16 at 3:13 PM
capitalcube.com logoETFs with exposure to Myers Industries, Inc. : December 12, 2016 (NYSE:MYE)
us.rd.yahoo.com - December 12 at 6:52 PM
finance.yahoo.com logoMyers Industries (MYE) Jumps: Stock Adds 5.1% in Session (NYSE:MYE)
finance.yahoo.com - December 12 at 10:08 AM
finance.yahoo.com logoBuckhorn® Announces Prize Winners for Reusable Packaging Learning Center Drawing (NYSE:MYE)
finance.yahoo.com - December 5 at 6:46 PM
capitalcube.com logoETFs with exposure to Myers Industries, Inc. : December 2, 2016 (NYSE:MYE)
www.capitalcube.com - December 2 at 6:26 PM
marketexclusive.com logoKeyCorp has upgraded the stock of Global Brass and Copper Holdings Inc. (NYSE:BRSS) (NYSE:MYE)
marketexclusive.com - November 29 at 2:40 PM
finance.yahoo.com logoMyers Industries downgraded by KeyBanc Capital Mkts (NYSE:MYE)
finance.yahoo.com - November 29 at 2:40 PM
capitalcube.com logoMyers Industries, Inc. :MYE-US: Earnings Analysis: Q3, 2016 By the Numbers : November 22, 2016 (NYSE:MYE)
www.capitalcube.com - November 22 at 6:29 PM
publicnow.com logoMyers Industries Announces Quarterly Dividend (NYSE:MYE)
www.publicnow.com - November 21 at 11:36 AM
4-traders.com logoBUYINS.NET: MYE SqueezeTrigger Price is $14.51. There is $3,405,000 That Short Sellers Still Need To Cover. (NYSE:MYE)
www.4-traders.com - November 17 at 6:00 PM
finance.yahoo.com logoMYERS INDUSTRIES INC Financials (NYSE:MYE)
finance.yahoo.com - November 16 at 6:40 PM
capitalcube.com logoMyers Industries, Inc. breached its 50 day moving average in a Bullish Manner : MYE-US : November 11, 2016 (NYSE:MYE)
www.capitalcube.com - November 11 at 8:54 AM
biz.yahoo.com logoMYERS INDUSTRIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:MYE)
biz.yahoo.com - November 10 at 6:04 PM
News IconMyers Industries Sales Down 6.3% in 3Q (NYSE:MYE)
www.mdm.com - November 8 at 5:58 PM
rttnews.com logoMyers Industries Inc. Q3 Earnings Drop 55% (NYSE:MYE)
www.rttnews.com - November 8 at 5:58 PM
seekingalpha.com logoMyers Industries, Inc. 2016 Q3 - Results - Earnings Call Slides (NYSE:MYE)
seekingalpha.com - November 8 at 5:58 PM
reuters.com logoBRIEF-Myers Q3 GAAP earnings per share $0.01 (NYSE:MYE)
www.reuters.com - November 8 at 9:36 AM
businesswire.com logoMyers Industries Reports 2016 Third Quarter Results (NYSE:MYE)
www.businesswire.com - November 8 at 9:36 AM
rttnews.com logoMyers Industries Q3 Adj. Profit Misses View, But Revenues Beat (NYSE:MYE)
www.rttnews.com - November 8 at 9:36 AM
sg.finance.yahoo.com logoMyers posts 3Q profit (NYSE:MYE)
sg.finance.yahoo.com - November 8 at 9:36 AM
publicnow.com logoMyers Industries Announces Reporting Date and Conference Call for 2016 Third Quarter Results (NYSE:MYE)
www.publicnow.com - October 25 at 11:26 AM
News IconMyers Industries appoints Mr Matteo Anversa as CFO (NYSE:MYE)
steelguru.com - October 21 at 6:21 PM
capitalcube.com logoMyers Industries, Inc. : MYE-US: Dividend Analysis : September 02nd, 2016 (record date) : By the numbers : October 21, 2016 (NYSE:MYE)
www.capitalcube.com - October 21 at 6:21 PM
finance.yahoo.com logoBuckhorn® Sponsors Reusable Packaging Learning Center Sessions at Pack Expo (NYSE:MYE)
finance.yahoo.com - October 20 at 6:40 PM
News IconMyers Industries names Matteo Anversa EVP, CFO (NYSE:MYE)
www.poandpo.com - October 20 at 12:02 PM
News IconNew Myers Industries CFO has a Ferrari background (NYSE:MYE)
www.ohio.com - October 19 at 6:39 PM
rttnews.com logoMyers Industries Names Matteo Anversa CFO - Quick Facts (NYSE:MYE)
www.rttnews.com - October 19 at 11:20 AM
4-traders.com logoMYERS INDUSTRIES INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (NYSE:MYE)
www.4-traders.com - October 19 at 11:20 AM
reuters.com logoBRIEF-Myers industries names Matteo Anversa CFO (NYSE:MYE)
www.reuters.com - October 19 at 11:20 AM
finance.yahoo.com logo9:17 am Myers Industries names Matteo Anversa CFO effective Dec 1, 2016 (NYSE:MYE)
finance.yahoo.com - October 19 at 11:20 AM
biz.yahoo.com logoMYERS INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:MYE)
biz.yahoo.com - October 19 at 11:20 AM
publicnow.com logoMyers Industries Names Matteo Anversa Chief Financial Officer (NYSE:MYE)
www.publicnow.com - October 19 at 11:20 AM
thestreet.com logoMyers Industries Enters Oversold Territory (NYSE:MYE)
www.thestreet.com - October 6 at 11:49 AM
capitalcube.com logoETF’s with exposure to Myers Industries, Inc. : September 30, 2016 (NYSE:MYE)
www.capitalcube.com - September 30 at 11:34 AM
reuters.com logoBRIEF-Array Biopharma announces proposed public offering of common stock (NYSE:MYE)
in.reuters.com - September 29 at 11:26 AM
News IconSouthwest Florida Chamber Connections (NYSE:MYE)
www.news-press.com - September 29 at 11:26 AM
News IconMyers Industries unveils new management structure (NYSE:MYE)
www.plasticsnews.com - September 29 at 11:26 AM
reuters.com logoBRIEF-Versartis reports proposed offering of common stock (NYSE:MYE)
in.reuters.com - September 27 at 6:11 PM
reuters.com logoBRIEF-Myers Industries names a new vice president and makes organizational changes (NYSE:MYE)
www.reuters.com - September 27 at 6:11 PM
publicnow.com logoMyers Industries Appoints New Vice President of Human Resources and Makes other Organizational Changes (NYSE:MYE)
www.publicnow.com - September 27 at 6:11 PM

Social

What is Myers Industries' stock symbol?

Myers Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MYE."

How often does Myers Industries pay dividends? What is the dividend yield for Myers Industries?

Myers Industries announced a quarterly dividend on Monday, November 21st. Shareholders of record on Friday, December 2nd will be paid a dividend of $0.135 per share on Tuesday, January 3rd. This represents a $0.54 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, November 30th.

Where is Myers Industries' stock going? Where will Myers Industries' stock price be in 2017?

2 brokerages have issued 12 month price objectives for Myers Industries' stock. Their forecasts range from $13.00 to $13.00. On average, they expect Myers Industries' stock price to reach $13.00 in the next year.

When will Myers Industries announce their earnings?

Myers Industries is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns Myers Industries stock?

Myers Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (16.88%), Dimensional Fund Advisors LP (6.56%), Gabelli Funds LLC (5.14%), Teton Advisors Inc. (2.03%), State Street Corp (1.67%) and Thrivent Financial for Lutherans (0.95%). Company insiders that own Myers Industries stock include Bruce M Lisman, Frederic Jack Liebau Jr, Gamco Investors, Inc Et Al, Jane Scaccetti, John B Crowe, John C Orr and R David Banyard.

Who sold Myers Industries stock? Who is selling Myers Industries stock?

Myers Industries' stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Keybank National Association OH, Gabelli Funds LLC and New York State Teachers Retirement System.

Who bought Myers Industries stock? Who is buying Myers Industries stock?

Myers Industries' stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, State Street Corp, Guggenheim Capital LLC, Gamco Investors INC. ET AL, Renaissance Technologies LLC, Comerica Bank, GSA Capital Partners LLP and Thrivent Financial for Lutherans. Company insiders that have bought Myers Industries stock in the last two years include Bruce M Lisman, Frederic Jack Liebau Jr, Jane Scaccetti, John B Crowe and R David Banyard.

How do I buy Myers Industries stock?

Shares of Myers Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Myers Industries stock cost?

One share of Myers Industries stock can currently be purchased for approximately $14.00.

Myers Industries (NYSE:MYE) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Myers Industries (NYSE:MYE)

Earnings History Chart

Earnings by Quarter for Myers Industries (NYSE:MYE)

Dividend History Chart

Dividend Payments by Quarter for Myers Industries (NYSE:MYE)

Last Updated on 2/22/2017 by MarketBeat.com Staff