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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
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The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
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Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NYSE:MYE

Myers Industries - MYE Stock Forecast, Price & News

$24.57
+0.05 (+0.20%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$24.19
$24.93
50-Day Range
$22.05
$24.75
52-Week Range
$15.82
$25.55
Volume
199,849 shs
Average Volume
122,079 shs
Market Capitalization
$896.81 million
P/E Ratio
16.71
Dividend Yield
2.21%
Price Target
$28.50

Myers Industries MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
16.0% 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
1.00mentions of Myers Industries in the last 14 days
Based on 4 Articles This Week
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.

2.37 out of 5 stars

Industrial Products Sector

68th out of 176 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 the manufacture and trade of polymer products. It operates through the Material Handling and Distribution business segments. The Material Handling segment designs, manufactures, and markets a variety of plastic and metal products. The Distribution segment offers tools, equipment, and supplies used for tire, wheel, and under vehicle service on passenger, heavy truck, and off-road vehicles. The company was founded by Louis Myers and Meyer Myers in 1933 and is headquartered in Akron, OH.

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MYE Stock News Headlines

The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Myers Industries
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Myers Industries: Worthy Of An Upgrade
Myers (MYE) Surpasses Q3 Earnings and Revenue Estimates
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
2/07/2023
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
+16.0%
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
$1.56 per share
Book Value
$5.78 per share

Miscellaneous

Free Float
36,143,000
Market Cap
$896.81 million
Optionable
Optionable
Beta
1.45

Social Links


Key Executives

  • Mike McGaugh
    President, Chief Executive Officer & Director
  • Monica Vinay
    CFO, Treasurer & Vice President-Investor Relations
  • Daniel W. Hoehn
    Vice President & Controller
  • Mike Valentino
    Group President-Distribution
  • Paul Johnson
    Vice President-Distribution Segment













MYE Stock - Frequently Asked Questions

What is Myers Industries' stock price forecast for 2023?

0 Wall Street research analysts have issued twelve-month target prices for Myers Industries' shares. Their MYE share price forecasts range from $28.50 to $28.50. On average, they anticipate the company's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 15.9% 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 on January 1st, 2023. Since then, MYE shares have increased by 10.7% and is now trading at $24.60.
View the best growth stocks for 2023 here
.

Are investors shorting Myers Industries?

Myers Industries saw a increase in short interest in 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 daily trading volume, of 154,500 shares, the short-interest ratio is currently 3.6 days. Currently, 1.5% of the shares of the stock are sold short.
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) posted its quarterly earnings results on Thursday, November, 4th. The industrial products company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.03. The industrial products company had revenue of $200.06 million for the quarter, compared to analyst estimates of $196.40 million. Myers Industries had a trailing twelve-month return on equity of 25.44% and a net margin of 6.10%. During the same quarter in the previous year, the firm earned $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. Shareholders of record on Monday, December 5th will be paid a dividend of $0.135 per share on Wednesday, January 4th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.20%. 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 2.21%. 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 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%), Pacer Advisors Inc. (0.51%), Assenagon Asset Management S.A. (0.27%), State of New Jersey Common Pension Fund D (0.19%), Yousif Capital Management LLC (0.07%) and Comerica Bank (0.06%). 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 $24.60.

How much money does Myers Industries make?

Myers Industries (NYSE:MYE) has a market capitalization of $897.90 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..
Read More
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 2/8/2023 by MarketBeat.com Staff