Myers Industries Stock Price, News & Analysis (NYSE:MYE)

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

Myers Industries announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.135 per share on Wednesday, October 2nd. This represents a $0.54 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Friday, August 30th. View Myers Industries' Dividend History.

Myers Industries, Inc. (NYSE:MYE) released its earnings results on Tuesday, July, 30th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The industrial products company earned $134.30 million during the quarter, compared to the consensus estimate of $138 million. Myers Industries had a negative net margin of 0.99% and a positive return on equity of 17.51%. The business's revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.27 EPS. View Myers Industries' Earnings History.

Myers Industries is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Myers Industries.

Myers Industries issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $0.75-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.82. The company issued revenue guidance of down low to mid single digits (cons -1.4%), compared to the consensus revenue estimate of $558.59 million.

1 equities research analysts have issued twelve-month price targets for Myers Industries' stock. Their forecasts range from $22.00 to $22.00. On average, they expect Myers Industries' share price to reach $22.00 in the next year. This suggests a possible upside of 33.3% from the stock's current price. View Analyst Price Targets for Myers Industries.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myers Industries in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Myers Industries.

Headlines about MYE stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -2.0 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Myers Industries.

Myers Industries saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 646,300 shares, an increase of 5.3% from the August 30th total of 613,500 shares. Based on an average daily trading volume, of 119,800 shares, the short-interest ratio is currently 5.4 days. Approximately 1.8% of the shares of the company are sold short. View Myers Industries' Current Options Chain.

Some companies that are related to Myers Industries include Ball (BLL), Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Silgan (SLGN), Greif (GEF) and Owens-Illinois (OI).

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), Discover Financial Services (DFS), CorVel (CRVL), eBay (EBAY), Pfizer (PFE), Target (TGT), Exxon Mobil (XOM) and Applied Materials (AMAT).

Myers Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SeaBridge Investment Advisors LLC (0.08%), State of Alaska Department of Revenue (0.08%), Campbell & CO Investment Adviser LLC (0.06%) and North Star Investment Management Corp. (0.00%). Company insiders that own Myers Industries stock include Frederic Jack Liebau Jr and Jane Scaccetti. View Institutional Ownership Trends for Myers Industries.

MYE stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp.. View Insider Buying and Selling for Myers Industries.

MYE stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, State of Alaska Department of Revenue and SeaBridge Investment Advisors LLC. 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of MYE stock can currently be purchased for approximately $16.51.

Myers Industries has a market capitalization of $585.94 million and generates $566.73 million in revenue each year. The industrial products company earns $-3,350,000.00 in net income (profit) each year or $0.76 on an earnings per share basis. Myers Industries employs 1,800 workers across the globe.View Additional Information About Myers Industries.

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

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]