NYSE:MYE - Myers Industries Stock Price, Price Target & More

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$20.75 +0.25 (+1.22 %)
(As of 06/19/2018 02:34 AM ET)
Previous Close$20.50
Today's Range$20.32 - $21.00
52-Week Range$15.40 - $24.60
Volume112,100 shs
Average Volume147,328 shs
Market Capitalization$709.05 million
P/E Ratio40.69
Dividend Yield2.63%
Beta1.72
Myers Industries logoMyers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets worldwide. The company's Material Handling segment provides plastic reusable material handling containers, pallets, small parts bins, bulk shipping containers, storage and organization products, and rotationally-molded plastic tanks for water, fuel, and waste handling applications; welded steel service carts, platform trucks, mobile work centers, racks, and cabinets; plastic trim and interior parts used in the production of seat components, consoles, and other applications in the recreational vehicle, marine, and industrial markets; and plastic fuel containers, portable marine fuel tanks and water containers, ammunition containers, and storage totes under the Buckhorn, Akro-Mils, Jamco Products, Ameri-Kart, and Scepter brands. This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and other industries directly and through distributors. Its Distribution segment offers tire valves and accessories, tire changing and balancing equipment, lifts and alignment equipment, service equipment, hand tools, tire repair and retread supplies, highway markings, industrial rubber, tire pressure monitoring systems, general shop supplies; and brake, transmission, and service equipment and supplies. It offers products under the Myers Tire Supply, Myers Tire Supply International, and Patch Rubber Company, Elrick, Fleetline, MTS, Phoenix, and Seymoure brands. This segment serves retail tire, truck tire, and auto dealers; commercial auto and truck fleets; general service and repair centers; tire retreaders and repair; governmental agencies; telecommunications; industrial; road construction; and mining markets. The company was founded in 1933 and is headquartered in Akron, Ohio.

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Industry, Sector and Symbol

Industry Plastics products, not elsewhere classified
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:MYE
CUSIP62846410
Phone330-253-5592

Debt

Debt-to-Equity Ratio1.51
Current Ratio1.56
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio40.69
Forward P/E Ratio24.41
P/E Growth8.04

Sales & Book Value

Annual Sales$547.04 million
Price / Sales1.31
Cash Flow$1.5393 per share
Price / Cash13.48
Book Value$3.08 per share
Price / Book6.74

Profitability

EPS (Most Recent Fiscal Year)$0.51
Net Income$-9,880,000.00
Net Margins-1.06%
Return on Equity19.40%
Return on Assets5.11%

Miscellaneous

Employees1,900
Outstanding Shares34,590,000

Myers Industries (NYSE:MYE) Frequently Asked Questions

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, June 4th. Stockholders of record on Friday, June 15th will be given a dividend of $0.135 per share on Tuesday, July 3rd. This represents a $0.54 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Thursday, June 14th. View Myers Industries' Dividend History.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) released its quarterly earnings data on Monday, May, 7th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.05. The industrial products company earned $152.60 million during the quarter, compared to analyst estimates of $146.25 million. Myers Industries had a negative net margin of 1.06% and a positive return on equity of 19.40%. The business's revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 EPS. View Myers Industries' Earnings History.

What price target have analysts set for MYE?

2 equities research analysts have issued twelve-month target prices for Myers Industries' shares. Their forecasts range from $15.00 to $24.00. On average, they expect Myers Industries' stock price to reach $19.50 in the next year. View Analyst Ratings for Myers Industries.

Who are some of Myers Industries' key competitors?

Who are Myers Industries' key executives?

Myers Industries' management team includes the folowing people:
  • Mr. R. David Banyard, Pres, CEO & Director (Age 49)
  • Mr. Matteo Anversa, Exec. VP, CFO & Corp. Sec. (Age 47)
  • Mr. Kevin L. Brackman, VP & Chief Accounting Officer (Age 45)
  • Ms. Monica Vinay, VP of Investor Relations & Treasurer
  • Mr. Kevin Gehrt, VP of HR

Has Myers Industries been receiving favorable news coverage?

News articles about MYE stock have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Myers Industries earned a daily sentiment score of 0.14 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 46.04 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Myers Industries' major shareholders?

Myers Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (14.95%), BlackRock Inc. (9.60%), Dimensional Fund Advisors LP (5.80%), Gabelli Funds LLC (4.85%), Northern Trust Corp (3.23%) and Teton Advisors Inc. (2.15%). Company insiders that own Myers Industries stock include Frederic Jack Liebau Jr, Gamco Investors, Inc Et Al, Jane Scaccetti, John B Crowe and Sarah R Coffin. View Institutional Ownership Trends for Myers Industries.

Which institutional investors are selling Myers Industries stock?

MYE stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Thrivent Financial for Lutherans, Gabelli Funds LLC, Guggenheim Capital LLC, JPMorgan Chase & Co., California Public Employees Retirement System, Millennium Management LLC and Smith Asset Management Group LP. View Insider Buying and Selling for Myers Industries.

Which institutional investors are buying Myers Industries stock?

MYE stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, BlackRock Inc., Teton Advisors Inc., Trexquant Investment LP, Capstone Financial Advisors Inc., Schwab Charles Investment Management Inc., GSA Capital Partners LLP and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. Company insiders that have bought Myers Industries stock in the last two years include Frederic Jack Liebau Jr, Jane Scaccetti and John B Crowe. View Insider Buying and Selling for Myers Industries.

How do I buy shares of Myers Industries?

Shares of MYE 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.

What is Myers Industries' stock price today?

One share of MYE stock can currently be purchased for approximately $20.75.

How big of a company is Myers Industries?

Myers Industries has a market capitalization of $709.05 million and generates $547.04 million in revenue each year. The industrial products company earns $-9,880,000.00 in net income (profit) each year or $0.51 on an earnings per share basis. Myers Industries employs 1,900 workers across the globe.

How can I contact Myers Industries?

Myers Industries' mailing address is 1293 SOUTH MAIN STREET, AKRON OH, 44301. The industrial products company can be reached via phone at 330-253-5592 or via email at [email protected]


MarketBeat Community Rating for Myers Industries (MYE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  173 (Vote Underperform)
Total Votes:  282
MarketBeat's community ratings are surveys of what our community members think about Myers Industries and other stocks. Vote "Outperform" if you believe MYE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MYE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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