Myers Industries, Inc. (MYE)

NYSE: MYE · IEX Real-Time Price · USD
17.93
-0.27 (-1.48%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-1.48%
Market Cap 659.99M
Revenue (ttm) 865.10M
Net Income (ttm) 50.68M
Shares Out 36.81M
EPS (ttm) 1.37
PE Ratio 13.09
Forward PE 10.26
Dividend $0.54 (3.01%)
Ex-Dividend Date Sep 12, 2023
Volume 104,039
Open 18.35
Previous Close 18.20
Day's Range 17.84 - 18.37
52-Week Range 16.08 - 26.49
Beta 1.41
Analysts Hold
Price Target 23.75 (+32.46%)
Earnings Date Oct 26, 2023

About MYE

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and 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 distri... [Read more]

Founded 1933
Employees 2,500
Stock Exchange NYSE
Ticker Symbol MYE
Full Company Profile

Financial Performance

In 2022, MYE's revenue was $899.55 million, an increase of 18.14% compared to the previous year's $761.44 million. Earnings were $60.27 million, an increase of 79.70%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MYE stock is "Hold" and the 12-month stock price forecast is $23.75.

Price Target
$23.75
(32.46% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Myers Industries Announces Quarterly Dividend

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Quarterly Dividend.

4 weeks ago - Business Wire

Myers Industries Announces Second Quarter 2023 Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Second Quarter 2023 Results.

2 months ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2023 Second Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Reporting Date and Conference Call for 2023 Second Quarter Results.

2 months ago - Business Wire

Myers Industries Announces First Quarter 2023 Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces First Quarter 2023 Results; Reiterates Full Year Fiscal 2023 Revenue and Earnings Outlook.

5 months ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2023 First Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Reporting Date and Conference Call for 2023 First Quarter Results

5 months ago - Business Wire

Myers Industries Appoints Grant E. Fitz as Chief Financial Officer

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries appoints Grant E. Fitz as Chief Financial Officer effective May 8, 2023.

6 months ago - Business Wire

3 Overlooked Value Creators Insiders Are Buying

Growth and value are two of the most common characteristics investors look for in stocks. However, not all stocks that are undervalued are achieving enough growth for their share prices to appreciate,...

Other symbols: AKAMATSG
6 months ago - GuruFocus

Top 5 Materials Stocks That Could Lead To Your Biggest Gains In March - Intl Flavors & Fragrances (NYSE:IFF), Golden Minerals (AMEX:AUMN)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: AUMNIFFPCT
7 months ago - Benzinga

Myers Industries Announces Fourth Quarter and Full Year 2022 Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announced Fourth Quarter and Full Year 2022 Results. Record Top-and-Bottom Line Results Delivered for Four Consecutive Quarters.

7 months ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2022 Fourth Quarter and Full Year Results; Announces 2023 Annual Meeting Date

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries announces dates to report 2022 fourth quarter results and 2023 annual meeting of shareholders.

8 months ago - Business Wire

Myers Industries Announces Third Consecutive Quarter of Record Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries announces third consecutive quarter of record results.

1 year ago - Business Wire

Myers Industries Introduces Reusable Packaging Solutions at PACK EXPO 2022

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Introduces Reusable Packaging Solutions at PACK EXPO 2022

1 year ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2022 Third Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries will report financial results for the third quarter ended September 30, 2022 on October 27, 2022.

1 year ago - Business Wire

Gabelli Funds to Host 46th Annual Auto Symposium October 31st and November 1st

RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds, LLC, will host the 46th Annual Auto Symposium at the Waldorf Astoria in Las Vegas beginning on October 31, 2022. This two-day symposium will feature presenta...

Other symbols: ANAZOCVGIDANDCIGNTXGPC
1 year ago - Business Wire

Myers Industries Reports 2022 Second Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries reports 2022 second quarter results. Achieves record quarterly results and raises full year fiscal 2022 outlook.

1 year ago - Business Wire

Myers Industries Releases Inaugural Environmental, Social, and Governance Report

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries releases 2021 ESG report.

1 year ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2022 Second Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries announced that it will report results for the second quarter ended June 30, 2022 on August 2, 2022.

1 year ago - Business Wire

Myers Industries Acquires Mohawk Rubber Sales of New England Inc.

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries acquires Mohawk Rubber Sales of New England Inc. Acquisition strengthens Myers' Distribution Segment.

1 year ago - Business Wire

Myers Industries Announces CFO Transition Plan

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries announces CFO transition plan.

1 year ago - Business Wire

Myers Industries Expands Production With Acquisition of Rotational Molding Facility in Georgia

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries expands production with the acquisition of a rotational molding facility in Georgia.

1 year ago - Business Wire

Myers Industries Reports 2022 First Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries reports 2022 first quarter results. Company raises full year fiscal 2022 outlook.

1 year ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2022 First Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries will report financial results for the first quarter ended March 31, 2022 on Thursday, May 5, 2022.

1 year ago - Business Wire

Myers Industries Announces Price Increases

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries announces price increases effective April 18, 2022.

1 year ago - Business Wire

Myers Industries Reports 2021 Fourth Quarter and Full Year Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries reports 2021 fourth quarter and full year results. Company provides outlook for strong revenue growth and increased profitability.

1 year ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2021 Fourth Quarter and Full Year Results; Announces 2022 Annual Meeting Date

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries announces dates for its 2021 fourth quarter earnings call and 2022 annual meeting.

1 year ago - Business Wire