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

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$25.45 +0.20 (+0.79 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$25.45
Today's Range$24.6050 - $25.70
52-Week Range$17.70 - $25.70
Volume1.98 million shs
Average Volume167,139 shs
Market Capitalization$888.90 million
P/E Ratio49.90
Dividend Yield2.14%
Beta1.6
Myers Industries logoMyers 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

Stock Exchange NYSE
Industry Plastics products, not elsewhere classified
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:MYE
CUSIP62846410
Phone330-253-5592

Debt

Debt-to-Equity Ratio0.43
Current Ratio1.90
Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio49.90
Forward P/E Ratio28.92
P/E GrowthN/A

Sales & Book Value

Annual Sales$547.04 million
Price / Sales1.64
Cash Flow$1.5331 per share
Price / Cash16.60
Book Value$3.08 per share
Price / Book8.26

Profitability

EPS (Most Recent Fiscal Year)$0.51
Net Income$-9,880,000.00
Net Margins0.08%
Return on Equity19.11%
Return on Assets6.22%

Miscellaneous

Employees1,900
Outstanding Shares35,200,000
Market Cap$888.90 million

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 declared a quarterly dividend on Monday, August 6th. Investors of record on Friday, September 7th will be given a dividend of $0.135 per share on Tuesday, October 2nd. This represents a $0.54 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, September 6th. View Myers Industries' Dividend History.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) released its quarterly earnings results on Monday, 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 $140.60 million for the quarter, compared to analyst estimates of $144.30 million. Myers Industries had a return on equity of 19.11% and a net margin of 0.08%. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. View Myers Industries' Earnings History.

When is Myers Industries' next earnings date?

Myers Industries is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Myers Industries.

What price target have analysts set for MYE?

4 equities research analysts have issued 12 month target prices for Myers Industries' stock. Their forecasts range from $15.00 to $24.00. On average, they anticipate Myers Industries' stock price to reach $20.50 in the next year. This suggests that the stock has a possible downside of 19.4%. 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Myers Industries.

Who are some of Myers Industries' key competitors?

Who are Myers Industries' key executives?

Myers Industries' management team includes the folowing people:
  • Mr. R. David Banyard, Pres, CEO & Director (Age 49)
  • Mr. Matteo Anversa, Exec. VP, CFO & Corp. Sec. (Age 47)
  • Mr. Kevin L. Brackman, VP & Chief Accounting Officer (Age 45)
  • Ms. Monica Vinay, VP of Investor Relations & Treasurer
  • Mr. Kevin Gehrt, VP of HR

Who are Myers Industries' major shareholders?

Myers Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (12.82%), BlackRock Inc. (11.35%), Gabelli Funds LLC (5.29%), Dimensional Fund Advisors LP (5.00%), Northern Trust Corp (3.05%) and Teton Advisors Inc. (2.92%). Company insiders that own Myers Industries stock include Frederic Jack Liebau Jr, Gamco Investors, Inc Et Al, Jane Scaccetti and Sarah R Coffin. View Institutional Ownership Trends for Myers Industries.

Which institutional investors are selling Myers Industries stock?

MYE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, PNC Financial Services Group Inc., Gamco Investors INC. ET AL, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Dimensional Fund Advisors LP, California Public Employees Retirement System, Bank of America Corp DE and Martingale Asset Management L P. View Insider Buying and Selling for Myers Industries.

Which institutional investors are buying Myers Industries stock?

MYE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Gabelli Funds LLC, Teton Advisors Inc., Renaissance Technologies LLC, Citadel Advisors LLC, Federated Investors Inc. PA, North Star Investment Management Corp. and Schwab Charles Investment Management Inc.. 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.

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 $25.45.

How big of a company is Myers Industries?

Myers Industries has a market capitalization of $888.90 million and generates $547.04 million in revenue each year. The industrial products company earns $-9,880,000.00 in net income (profit) each year or $0.51 on an earnings per share basis. Myers Industries employs 1,900 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:  120 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  314
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 9/22/2018 by MarketBeat.com Staff

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