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: $15.77 to $16.06
• 50-Day Range: $14.53 to $16.96
• 52-Week Range: $9.06 to $17.12
• Volume: 93,668 shs
• Average Volume: 277,654 shs
• Market Capitalization: $591.64 million
• P/E Ratio: 60.85
• Dividend Yield: 3.41%
• Price Target: $21.00
• Consensus Rating: Buy

Myers Industries Stock Analysis - MarketRank™

Myers Industries scored higher than 83% of companies evaluated by MarketBeat, and ranked 66th out of 184 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: Buy

Consensus Rating

Myers Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Myers Industries has a consensus price target of $21.00, representing about 32.8% upside from its current price of $15.82.

Amount of Analyst Coverage

Myers Industries has received no research coverage 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 60.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of Myers Industries is 60.85, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 309.77.

Price to Book Value per Share Ratio

Myers Industries has a P/B Ratio of 2.12. 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

1.13% 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 1.7, 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 11.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Myers Industries pays a meaningful dividend of 3.30%, 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

1.13% 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 1.7, 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 11.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Myers Industries has a news sentiment score of 1.75. 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 0.68 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Myers Industries this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for MYE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

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 start of the year. Since then, MYE stock has increased by 43.3% and is now trading at $15.8150.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) announced its quarterly earnings results on Thursday, July, 31st. The industrial products company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.01. The industrial products company earned $209.58 million during the quarter, compared to analyst estimates 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 authorized a stock repurchase plan on Thursday, March 6th 2025, which allows the company to repurchase $10,000,000 in shares, according to EventVestor. This means that the company could purchase up to 2.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

Does Myers Industries have any subsidiaries?

The following companies are subsidiaries of Myers Industries: Elkhart Plastics Inc., Tuffy Manufacturing Industries Inc., Akro-Mils, Ameri-Kart Corp., Ameri-Kart (MI) Corp., Buckhorn Canada, Buckhorn Inc., and more.

Who are Myers Industries' major shareholders?

Top institutional shareholders of Myers Industries include Gamco Investors INC. ET AL (9.61%), Allspring Global Investments Holdings LLC (5.99%), Gabelli Funds LLC (4.03%) and Geode Capital Management LLC (2.38%). Insiders that own company stock include Michael Mcgaugh, Bruce M Lisman, William A Foley, Dave Basque, Frederic Jack Liebau Jr, Jeffrey Kramer, Yvette Dapremont Bright, Lori A Lutey and Aaron M Schapper.
View institutional ownership trends.

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

• Record date for 7/3 Dividend: 6/18/2025
• Ex-Dividend for 7/3 Dividend: 6/18/2025
• Dividend Payable: 7/03/2025
• Last Earnings: 7/31/2025
• Record date for 10/2 Dividend: 9/12/2025
• Ex-Dividend for 10/2 Dividend: 9/12/2025
• Today: 9/16/2025
• Dividend Payable: 10/02/2025
• Next Earnings (Estimated): 11/03/2025
• 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: +32.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.26
• Trailing P/E Ratio: 60.85
• Forward P/E Ratio: 16.65
• 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: 0.72
• Cash Flow: $2.27 per share
• Price / Cash Flow: 6.97
• Book Value: $7.45 per share
• Price / Book: 2.12

Miscellaneous

• Outstanding Shares: 37,410,000
• Free Float: 36,718,000
• Market Cap: $591.64 million
• Optionable: Optionable
• Beta: 1.19