Myers Industries, Inc. (MYE)

NYSE: MYE · IEX Real-Time Price · USD
21.27
+0.30 (1.43%)
Apr 18, 2024, 4:00 PM EDT - Market closed
1.43%
Market Cap 784.18M
Revenue (ttm) 813.07M
Net Income (ttm) 48.87M
Shares Out 36.87M
EPS (ttm) 1.32
PE Ratio 16.11
Forward PE 15.37
Dividend $0.54 (2.54%)
Ex-Dividend Date Mar 14, 2024
Volume 159,147
Open 21.06
Previous Close 20.97
Day's Range 20.93 - 21.28
52-Week Range 15.65 - 23.63
Beta 1.33
Analysts Buy
Price Target 30.00 (+41.04%)
Earnings Date May 7, 2024

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 2023, MYE's revenue was $813.07 million, a decrease of -9.61% compared to the previous year's $899.55 million. Earnings were $48.87 million, a decrease of -18.92%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MYE stock is "Buy" and the 12-month stock price forecast is $30.0.

Price Target
$30.0
(41.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Myers Industries Announces Reporting Date and Conference Call for 2024 First Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Reporting Date and Conference Call for 2024 First Quarter Results.

1 day ago - Business Wire

Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook.

4 weeks ago - Business Wire

Myers Industries Announces Fourth Quarter and Full Year 2023 Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Fourth Quarter and Full Year 2023 Results.

6 weeks ago - Business Wire

Myers Industries Announces Quarterly Dividend

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

6 weeks ago - Business Wire

Myers Industries Completes Acquisition of Signature Systems

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Completes Acquisition of Signature Systems.

2 months ago - Business Wire

Myers Industries Announces Reporting Date and Conference Call for 2023 Fourth Quarter and Full Year Results; Announces 2024 Annual Meeting Date

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Reporting Date and Conference Call for 2023 Fourth Quarter and Full Year Results; Announces 2024 Annual Meeting Date.

2 months ago - Business Wire

Myers Industries Announces Acquisition of Signature Systems

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Acquisition of Signature Systems.

3 months ago - Business Wire

Myers Industries Announces Meghan Beringer as Senior Director of Investor Relations

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Meghan Beringer as Senior Director of Investor Relations.

4 months ago - Business Wire

Myers Industries Announces Third Quarter 2023 Results

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

6 months ago - Business Wire

Myers Industries to Present at Upcoming Investor Conferences

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries to Present at Upcoming Investor Conferences.

6 months ago - Business Wire

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

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

6 months ago - Business Wire

Myers Industries Announces Second Quarter 2023 Results

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

9 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.

10 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.

1 year 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

1 year 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.

1 year 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
1 year 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
1 year 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.

1 year 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.

1 year 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