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

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$18.36 -0.14 (-0.76 %)
(As of 04/18/2019 09:02 AM ET)
Previous Close$18.50
Today's Range$18.2150 - $18.5450
52-Week Range$14.24 - $25.70
Volume89,802 shs
Average Volume96,365 shs
Market Capitalization$649.72 million
P/E Ratio24.16
Dividend Yield2.92%
Beta1.7
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$566.73 million
Cash Flow$1.4818 per share
Book Value$4.37 per share

Profitability

Net Income$-3,350,000.00

Miscellaneous

Employees1,800
Market Cap$649.72 million
Next Earnings Date5/6/2019 (Estimated)
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 Wednesday, March 6th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.135 per share on Tuesday, April 2nd. This represents a $0.54 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Tuesday, March 19th. View Myers Industries' Dividend History.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) posted its quarterly earnings data on Thursday, February, 28th. The industrial products company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.06. The industrial products company earned $138.39 million during the quarter, compared to the consensus estimate of $129.42 million. Myers Industries had a negative net margin of 0.59% and a positive return on equity of 17.92%. View Myers Industries' Earnings History.

When is Myers Industries' next earnings date?

Myers Industries is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Myers Industries.

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

Myers Industries updated its FY19 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $0.75 to $0.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.81. The company issued revenue guidance of $566.70, compared to the consensus revenue estimate of $568.78 million.Myers Industries also updated its FY 2019 guidance to $0.75-0.85 EPS.

What price target have analysts set for MYE?

4 brokers have issued 12 month price objectives for Myers Industries' shares. Their predictions range from $21.00 to $22.00. On average, they expect Myers Industries' stock price to reach $21.50 in the next year. This suggests a possible upside of 17.1% 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 trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing 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 five, with scores closest to five being the most favorable. Myers Industries earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

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), Discover Financial Services (DFS), CorVel (CRVL), LivePerson (LPSN), Dow Chemical (DOW), Exxon Mobil (XOM), Applied Materials (AMAT) and Citrix Systems (CTXS).

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

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 $18.36.

How big of a company is Myers Industries?

Myers Industries has a market capitalization of $649.72 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.

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:  136 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  357
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 4/18/2019 by MarketBeat.com Staff

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