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 declared a quarterly dividend on Friday, August 2nd. Investors of record on Tuesday, September 3rd will be given a dividend of $0.135 per share on Wednesday, October 2nd. This represents a $0.54 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Friday, August 30th. View Myers Industries' Dividend History.

Myers Industries, Inc. (NYSE:MYE) posted its quarterly earnings data on Tuesday, July, 30th. The industrial products company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. The industrial products company had revenue of $134.30 million for the quarter, compared to analyst estimates of $138 million. Myers Industries had a positive return on equity of 17.51% and a negative net margin of 0.99%. The business's revenue was down 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.27 earnings per share. 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 updated 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 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 objectives for Myers Industries' shares. Their predictions range from $22.00 to $22.00. On average, they expect Myers Industries' stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 34.1% 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.

Media headlines about MYE stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Myers Industries earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Myers Industries.

Myers Industries saw a increase in short interest in 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 volume of 119,800 shares, the short-interest ratio is presently 5.4 days. Currently, 1.8% of the company's shares are short sold. View Myers Industries' Current Options Chain.

Some companies that are related to Myers Industries include Essentra (FLRAF), Tupperware Brands (TUP), Armstrong Flooring (AFI), Fuling Global (FORK), Deswell Industries (DSWL), Forward Industries (FORD), Trailblazer Resources (TBLZ) and Flasr (FLSR).

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 variety of of institutional and retail investors. Top institutional shareholders include 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 purchased by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC and State of Alaska Department of Revenue. 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 $16.40.

Myers Industries has a market capitalization of $582.04 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]