NYSE:MYE - Myers Industries Stock Price, News, & Analysis

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$17.59 -0.17 (-0.96 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$17.76
Today's Range$17.51 - $17.86
52-Week Range$14.24 - $25.70
Volume78,200 shs
Average Volume89,620 shs
Market Capitalization$621.84 million
P/E Ratio34.49
Dividend Yield3.04%
Beta1.71
Myers 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
CUSIP62846410
Phone330-253-5592

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$547.04 million
Cash Flow$1.5190 per share
Book Value$3.08 per share

Profitability

Net Income$-9,880,000.00

Miscellaneous

Employees1,900
Market Cap$621.84 million
Next Earnings Date2/28/2019 (Confirmed)
OptionableOptionable

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, November 5th. Investors of record on Friday, December 7th will be given a dividend of $0.135 per share on Thursday, January 3rd. This represents a $0.54 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Thursday, December 6th. View Myers Industries' Dividend History.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) posted its quarterly earnings data on Tuesday, November, 7th. The industrial products company reported $0.11 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.11. The industrial products company had revenue of $144.10 million for the quarter, compared to analyst estimates of $138.93 million. Myers Industries had a positive return on equity of 18.40% and a negative net margin of 4.21%. The business's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.04 EPS. View Myers Industries' Earnings History.

When is Myers Industries' next earnings date?

Myers Industries is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Myers Industries.

What price target have analysts set for MYE?

4 brokers have issued 1-year target prices for Myers Industries' stock. Their predictions range from $21.00 to $22.00. On average, they anticipate Myers Industries' stock price to reach $21.50 in the next year. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for Myers Industries.

What is the consensus analysts' recommendation for Myers Industries?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myers Industries in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Myers Industries.

Has Myers Industries been receiving favorable news coverage?

Headlines about MYE stock have been trending somewhat positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Myers Industries earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of Myers Industries' key competitors?

What other stocks do shareholders of Myers Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Myers Industries investors own include Frontier Communications (FTR), Wendys (WEN), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), LivePerson (LPSN), Epizyme (EPZM), Netflix (NFLX), TiVo (TIVO), General Electric (GE) and Liberty Broadband Corp Series C (LBRDK).

Who are Myers Industries' key executives?

Myers Industries' management team includes the folowing people:
  • Mr. R. David Banyard, Pres, CEO & Director (Age 50)
  • Mr. Kevin L. Brackman, Exec. VP & CFO (Age 46)
  • Ms. Monica Vinay, VP of Investor Relations & Treasurer
  • Ms. Andrean Renee Horton, Exec. VP, Chief Legal Officer & Sec. (Age 45)
  • Mr. Kevin Gehrt, VP of HR

Who are Myers Industries' major shareholders?

Myers Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.53%), Gamco Investors INC. ET AL (12.13%), Gabelli Funds LLC (5.21%), Dimensional Fund Advisors LP (4.96%), Northern Trust Corp (3.10%) and Geode Capital Management LLC (1.76%). Company insiders that own Myers Industries stock include Frederic Jack Liebau Jr, Gamco Investors, Inc Et Al, Jane Scaccetti and Sarah R Coffin. View Institutional Ownership Trends for Myers Industries.

Which major investors are selling Myers Industries stock?

MYE stock was sold by a variety of institutional investors in the last quarter, including Loews Corp, Assenagon Asset Management S.A., Thrivent Financial for Lutherans, Los Angeles Capital Management & Equity Research Inc., Two Sigma Investments LP, Acadian Asset Management LLC, D. E. Shaw & Co. Inc. and Barclays PLC. View Insider Buying and Selling for Myers Industries.

Which major investors are buying Myers Industries stock?

MYE stock was bought by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Bank of America Corp DE, BlackRock Inc., Municipal Employees Retirement System of Michigan, Geode Capital Management LLC, Stone Ridge Asset Management LLC, Rhumbline Advisers and Wedge Capital Management L L P NC. Company insiders that have bought Myers Industries stock in the last two years include Frederic Jack Liebau Jr and Jane Scaccetti. 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 $17.59.

How big of a company is Myers Industries?

Myers Industries has a market capitalization of $621.84 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.

What is Myers Industries' official website?

The official website for Myers Industries is http://www.myersindustries.com.

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 (NYSE MYE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  342
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 2/21/2019 by MarketBeat.com Staff

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