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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
NYSE:MYE

Myers Industries - MYE Stock Forecast, Price & News

$23.71
-0.28 (-1.17%)
(As of 01/27/2023 08:55 PM ET)
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Compare
Today's Range
$23.65
$23.88
50-Day Range
$22.05
$24.75
52-Week Range
$15.82
$25.55
Volume
80,800 shs
Average Volume
110,844 shs
Market Capitalization
$865.42 million
P/E Ratio
16.13
Dividend Yield
2.28%
Price Target
$28.50

Myers Industries MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
20.2% Upside
$28.50 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$315,750 Sold Last Quarter
Proj. Earnings Growth
13.77%
From $1.67 to $1.90 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Industrial Products Sector

51st out of 183 stocks

Plastics Products, Not Elsewhere Classified Industry

7th out of 11 stocks


MYE stock logo

About Myers Industries (NYSE:MYE) Stock

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational, and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.

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MYE Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Myers Industries
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Myers Industries: Worthy Of An Upgrade
Myers (MYE) Surpasses Q3 Earnings and Revenue Estimates
Myers Industries Earnings Preview
See More Headlines
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MYE Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 1/4 Dividend
12/02/2022
Dividend Payable
1/04/2023
Today
1/30/2023
Next Earnings (Estimated)
3/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
62846410
Employees
2,725
Year Founded
1933

Price Target and Rating

Average Stock Price Forecast
$28.50
High Stock Price Forecast
$28.50
Low Stock Price Forecast
$28.50
Forecasted Upside/Downside
+20.2%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$33.54 million
Pretax Margin
8.17%

Debt

Sales & Book Value

Annual Sales
$761.43 million
Cash Flow
$1.55 per share
Book Value
$5.78 per share

Miscellaneous

Free Float
36,143,000
Market Cap
$865.42 million
Optionable
Optionable
Beta
1.45

Social Links


Key Executives

  • Mr. Michael P. McGaughMr. Michael P. McGaugh (Age 49)
    Pres, CEO & Director
    Comp: $1.27M
  • Mr. Daniel W. Hoehn (Age 44)
    VP & Corp. Controller
    Comp: $384.74k
  • Ms. Monica Vinay
    VP of Investor Relations, Treasurer & Interim CFO
  • Mr. James H. Gurnee (Age 65)
    VP of Sales, Marketing & Commercial Excellence
  • Mr. Kevin M. McElgunn
    Sr. Director of Strategy & Corp. Devel.
  • Ms. Lorelei Evans
    VP of HR
  • Mr. Michael Valentino
    Group Pres of Material Handling
  • David Basque
    Pres of Buckhorn & VP of Integration
  • Ms. Sue A. Rilley
    Sr. Corp. Counsel & Sec.













MYE Stock - Frequently Asked Questions

What is Myers Industries' stock price forecast for 2023?

0 Wall Street analysts have issued 1-year target prices for Myers Industries' shares. Their MYE share price forecasts range from $28.50 to $28.50. On average, they expect the company's share price to reach $28.50 in the next year. This suggests a possible upside of 20.2% from the stock's current price.
View analysts price targets for MYE
or view top-rated stocks among Wall Street analysts.

How have MYE shares performed in 2023?

Myers Industries' stock was trading at $22.23 at the beginning of the year. Since then, MYE shares have increased by 6.7% and is now trading at $23.71.
View the best growth stocks for 2023 here
.

Are investors shorting Myers Industries?

Myers Industries saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 552,200 shares, an increase of 82.1% from the December 15th total of 303,300 shares. Based on an average trading volume of 154,500 shares, the short-interest ratio is presently 3.6 days. Currently, 1.5% of the shares of the stock are short sold.
View Myers Industries' Short Interest
.

When is Myers Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
View our MYE earnings forecast
.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) released its quarterly earnings data on Thursday, November, 4th. The industrial products company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.26 by $0.03. The industrial products company had revenue of $200.06 million for the quarter, compared to the consensus estimate of $196.40 million. Myers Industries had a net margin of 6.10% and a trailing twelve-month return on equity of 25.44%. During the same period last year, the firm posted $0.30 EPS.

How often does Myers Industries pay dividends? What is the dividend yield for Myers Industries?

Myers Industries declared a quarterly dividend on Thursday, October 20th. Investors of record on Monday, December 5th will be given a dividend of $0.135 per share on Wednesday, January 4th. This represents a $0.54 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Friday, December 2nd.
Read our dividend analysis for MYE
.

Is Myers Industries a good dividend stock?

Myers Industries (NYSE:MYE) pays an annual dividend of $0.54 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 36.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MYE will have a dividend payout ratio of 28.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MYE.

What guidance has Myers Industries issued on next quarter's earnings?

Myers Industries updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of $1.50-$1.70 for the period, compared to the consensus EPS estimate of $1.57. The company issued revenue guidance of -.

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), Wendy's (WEN), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Pfizer (PFE), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Verizon Communications (VZ), Discover Financial Services (DFS) and Gilead Sciences (GILD).

What is Myers Industries' stock symbol?

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

Who are Myers Industries' major shareholders?

Myers Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (5.71%), Assenagon Asset Management S.A. (0.27%), Yousif Capital Management LLC (0.07%), Comerica Bank (0.06%), Maryland State Retirement & Pension System (0.04%) and Strs Ohio (0.02%). Insiders that own company stock include Bruce M Lisman, Frederic Jack Liebau Jr, Lori A Lutey, Michael Mcgaugh, Michael P Mcgaugh, Sarah R Coffin, William A Foley, William A Foley and Yvette Dapremont Bright.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Myers Industries' stock price today?

One share of MYE stock can currently be purchased for approximately $23.71.

How much money does Myers Industries make?

Myers Industries (NYSE:MYE) has a market capitalization of $865.42 million and generates $761.43 million in revenue each year. The industrial products company earns $33.54 million in net income (profit) each year or $1.47 on an earnings per share basis.

How many employees does Myers Industries have?

The company employs 2,725 workers across the globe.

Does Myers Industries have any subsidiaries?
The following companies are subsidiares of Myers Industries: Akro-Mils, Ameri-Kart (MI) Corp., Ameri-Kart Corp., Buckhorn Canada, Buckhorn Inc., Buckhorn Services Inc., DSS Direct Inc., Elkhart Plastics Inc., Elkhart Plastics LLC, Erie Island LLC, Jamco Products Inc., MYE Canada Operations Inc., MYECAP Financial Corp., Myers Holdings Brasil Ltda., Myers TSCA S.A., Myers Tire Supply, Myers Tire Supply Canada, Myers Tire Supply Distribution Inc., Myers de El Salvador S.A. De C.V., Myers de Panama S.A., MyersTireSupply.com Inc., Orientadores Comerciales S.A., Patch Rubber Company, Scepter Canada Inc., Scepter Manufacturing LLC, Scepter US Holding Company, and Tuffy Manufacturing Industries Inc..
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How can I contact Myers Industries?

Myers Industries' mailing address is 1293 SOUTH MAIN STREET, AKRON OH, 44301. The official website for the company is www.myersindustries.com. The industrial products company can be reached via phone at (330) 253-5592, via email at mvinay@myersind.com, or via fax at 330-761-6156.

This page (NYSE:MYE) was last updated on 1/30/2023 by MarketBeat.com Staff