Annuncio • Apr 25
Myers Industries Inc. Announces Election of Tribby Warfield to Board of Directors, Effective April 23, 2026 Myers Industries Inc. announced that shareholders elected Patricia “Tribby” W. Warfield to its Board of Directors at the Company’s annual meeting held on April 23, 2026. Effective immediately, the board consists of eight directors, seven of whom are independent. Ms. Warfield possesses more than three decades of expertise in global business leadership, complemented by 16 years of board service. Most recently, she served as Chief Executive Officer of APC Automotive Technologies. She has held senior executive roles at Nitta Corporation, Kaman Corporation, and Gates Corporation, demonstrating a sustained record of leadership and expertise throughout her distinguished career. Ms. Warfield has worked and resided in the United States, United Kingdom, Germany, Belgium, and Italy, successfully leading strategic initiatives for both publicly traded and private equity organizations. Ms. Warfield currently serves on the Board of Directors for Badger Infrastructure Solutions Ltd. and as an Independent Board Member Advisor to several private equity-sponsored global manufacturing and automotive aftermarket companies. Additionally, she is a member of the Board of Advisors at the University of Colorado Denver Business School and a former adjunct professor for the Daniels College of Business at the University of Denver. She is also a member of the Institute of Corporate Directors and The Committee of 200, which comprises the world’s most successful women entrepreneurs and corporate innovators. Annuncio • Apr 01
Myers Industries, Inc. to Report Q1, 2026 Results on May 07, 2026 Myers Industries, Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Annuncio • Feb 28
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on April 3, 2026 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on April 3, 2026, to shareholders of record as of March 13, 2026. Annuncio • Nov 14
Myers Industries Appoints Kari Brashear as Chief Legal Officer, Corporate Secretary, and Senior VP of Business Development, Effective Dec. 1, 2025 Myers Industries, Inc. announced that Kari (Potts) Brashear has been appointed Chief Legal Officer, Corporate Secretary, and Senior Vice President of Business Development, effective Dec. 1, 2025. She will report to Aaron Schapper, Myers’ President and CEO, and serve as a member of the company’s senior leadership team. In this expanded leadership role, Ms. Brashear will oversee Myers’ legal, compliance, and governance functions while driving the company’s business development strategy. Ms. Brashear brings nearly two decades of leadership experience spanning global manufacturing, agribusiness, and industrial supply-chain sectors. She is recognized for her ability to integrate legal insight with commercial strategy and offers proven leadership in guiding organizations through complex commercial transactions, integrations, and international expansion. She joins Myers from Scoular, a $7 billion global agribusiness and supply-chain company, where she served as Senior Vice President, Chief Legal Officer and Corporate Secretary, overseeing legal, compliance, sustainability, and real estate functions. Prior to Scoular, she spent more than a decade with Valmont Industries, Inc., where she advanced through multiple leadership roles, ultimately serving as Vice President and General Manager for North America – Global Agriculture. In that position, she held full P&L responsibility and led strategy and growth initiatives across the region. Earlier in her tenure, she served as Deputy General Counsel. Ms. Brashear holds a Bachelor of Science in Business Administration from the University of Nebraska and a Juris Doctor from Creighton University School of Law. Annuncio • Oct 24
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on January 3, 2025 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on January 5, 2026, to shareholders of record as of December 3, 2025. Annuncio • Oct 03
Myers Industries, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Myers Industries, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 30, 2025 Annuncio • Sep 23
Myers Industries Announces Appointment of Helmuth Ludwig as Board and Committee Member , Effective October 1, 2025 Myers Industries Inc. announced that Helmuth Ludwig has been appointed to the Myers Industries Board of Directors, effective October 1, 2025. Following the appointment of Dr. Ludwig, the board will comprise nine directors, eight of whom are independent. Dr. Ludwig brings 35 years of experience in international business leadership and 14 years of board service. He currently is Professor of Practice for Strategy and Entrepreneurship at the Cox School of Business at Southern Methodist University in Dallas, a position he has held since January 2020. Previously, he spent 30 years with Siemens in executive positions across Europe, Asia, and the Americas including President of Siemens PLM Software, CEO of the Siemens Industry Sector in North America, and Global Chief Information Officer. Dr. Ludwig currently serves on the Board of Directors of Hitachi Ltd. and Humanetics Group which he has chaired since September 2022. He is also an executive advisor to Bridgepoint LLC and Zscaler, Inc. His previous service as a director includes Circor International Inc., Commonwealth Center for Advanced Manufacturing, and Siemens Electrical LLC. —all of which he chaired during his tenure. In addition, he is a past trustee of the Manufacturers Alliance for Productivity and Innovation. Dr. Ludwig will be appointed initially to the Audit and Corporate Governance committees of the Board effective October 1, 2025. Annuncio • Sep 04
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on October 2, 2025 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on October 2, 2025, to shareholders of record as of September 12, 2025. Annuncio • Jul 03
Myers Industries, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Myers Industries, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Annuncio • Jun 03
Myers Industries, Inc. Announces Quarterly Cash Dividend, Payable on July 3, 2025 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on July 3, 2025, to shareholders of record as of June 18, 2025. Annuncio • Apr 02
Myers Industries, Inc. to Report Q1, 2025 Results on May 01, 2025 Myers Industries, Inc. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 Annuncio • Mar 08
Myers Industries, Inc. (NYSE:MYE) announces an Equity Buyback for $10 million worth of its shares. Myers Industries, Inc. (NYSE:MYE) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its common stock. Annuncio • Mar 05
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on April 4, 2025 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on April 4, 2025, to shareholders of record as of March 14, 2025. Annuncio • Feb 06
Myers Industries, Inc., Annual General Meeting, Apr 24, 2025 Myers Industries, Inc., Annual General Meeting, Apr 24, 2025. Location: courtyard by marriott, 41 furnace st., oh 44308, akron United States Annuncio • Jan 22
Myers Industries, Inc. to Report Q4, 2024 Results on Mar 06, 2025 Myers Industries, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 06, 2025 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Yvette Bright was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2024 earnings released: US$0.29 loss per share (vs US$0.35 profit in 3Q 2023) Third quarter 2024 results: US$0.29 loss per share (down from US$0.35 profit in 3Q 2023). Revenue: US$205.1m (up 3.7% from 3Q 2023). Net loss: US$10.9m (down 185% from profit in 3Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Annuncio • Nov 05
Myers Industries, Inc. Updates Earnings Guidance for the Fiscal 2024 Myers Industries, Inc. updated earnings guidance for the fiscal 2024. For the year, company expected Net sales growth of 0% to 5% compared to prior guidance of 5% to 10% and Net income per diluted share in the range of $0.11 to $0.21 compared to prior guidance of $0.76 to $0.91. Declared Dividend • Nov 04
Second quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 3rd December 2024 Payment date: 3rd January 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 26
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on January 3, 2025 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on January 3, 2025, to shareholders of record as of December 3, 2024. Annuncio • Oct 05
Myers Industries, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Myers Industries, Inc. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Declared Dividend • Sep 09
Second quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 13th September 2024 Payment date: 3rd October 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Sep 05
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on October 3, 2024 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on October 3, 2024, to shareholders of record as of September 13, 2024. Annuncio • Aug 29
Myers Industries, Inc. Appoints Jeff Baker as President, Distribution Segment, Effective October 1, 2024 Myers Industries, Inc. has appointed Jeff Baker as president, Distribution Segment, effective October 1, 2024, at which time Mr. Baker will transition from his current role as Vice President, Shared Services. The company and Jim Gurnee, the current Vice President of Distribution, have mutually agreed to a separation date of September 30, 2024, to help provide a smooth transition in leadership of the Distribution Segment. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.28 (vs US$0.29 in 2Q 2023) Second quarter 2024 results: EPS: US$0.28 (down from US$0.29 in 2Q 2023). Revenue: US$220.2m (up 5.7% from 2Q 2023). Net income: US$10.3m (down 3.1% from 2Q 2023). Profit margin: 4.7% (down from 5.1% in 2Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Aug 01
Myers Industries, Inc. Provides Earnings Guidance for the Fiscal 2024 Myers Industries, Inc. provided earnings guidance for the fiscal 2024. For the year, company expected Net sales growth of 5% to 10% and income per diluted share in the range of $0.76 to $0.91. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €13.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Packaging industry in Europe. Total loss to shareholders of 16% over the past three years. Annuncio • Jul 09
Myers Industries, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Myers Industries, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024 Declared Dividend • Jun 10
First quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 18th June 2024 Payment date: 5th July 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 06
Myers Industries, Inc. Announces Quarterly Dividend, Payable on July 5, 2024 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2024, to shareholders of record as of June 18, 2024. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to €15.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Packaging industry in Europe. Total loss to shareholders of 5.5% over the past three years. Buy Or Sell Opportunity • May 08
Now 35% undervalued The stock has been flat over the last 90 days, currently trading at €16.90. The fair value is estimated to be €25.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. Annuncio • May 08
Myers Industries, Inc. Announces Unaudited Earnings Guidance for the Full Year 2024 Myers Industries, Inc. announced unaudited earnings guidance for the full year 2024. Based on current exchange rates, market outlook and business forecast, the company had previously provided the following outlook for fiscal 2024: Net sales growth of 15% to 20%, Net income per diluted share in the range of $1.05 to $1.22. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$0.095 (vs US$0.35 in 1Q 2023) First quarter 2024 results: EPS: US$0.095 (down from US$0.35 in 1Q 2023). Revenue: US$207.1m (down 4.0% from 1Q 2023). Net income: US$3.50m (down 73% from 1Q 2023). Profit margin: 1.7% (down from 6.0% in 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 19
Myers Industries, Inc. to Report Q1, 2024 Results on May 07, 2024 Myers Industries, Inc. announced that they will report Q1, 2024 results Pre-Market on May 07, 2024 Declared Dividend • Mar 11
Fourth quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 14th March 2024 Payment date: 4th April 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: US$1.33 (vs US$1.66 in FY 2022) Full year 2023 results: EPS: US$1.33 (down from US$1.66 in FY 2022). Revenue: US$813.1m (down 9.6% from FY 2022). Net income: US$48.9m (down 19% from FY 2022). Profit margin: 6.0% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Mar 06
Myers Industries, Inc. Provides Earnings Guidance for the for Fiscal Year 2024 Myers Industries, Inc. provided earnings guidance for the for fiscal year 2024. For the year, the company expected net sales growth of 15% to 20% and net income per diluted share in the range of $1.03 to $1.23. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Yvette Bright was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 09
Myers Industries, Inc. (NYSE:MYE) acquired Signature Systems Group, LLC. Myers Industries, Inc. (NYSE:MYE) entered into an agreement to acquire Signature Systems Group, LLC for approximately $350 million on December 29, 2023. The purchase price is subject to final working capital adjustment after close. The transaction will be financed through a new $350 million credit facility. As of February 8, 2024, the cash transaction of $350 million was funded through an amendment and restatement of Myers’ existing loan agreement, which maintained a $250 million revolving credit facility and added a new $400 million 5-year senior secured term loan A. The term loan A was increased by $50 million from the amount initially contemplated. The Loan Agreement was led by J.P. Morgan Chase, U.S. Bank National, Wells Fargo Bank and KeyBank National. Moelis & Company LLC acted as exclusive financial advisor and Vorys, Sater, Seymour and Pease LLP and Evan Rosen, Michael Mollerus, Dominic Foulkes, Kyoko Takahashi Lin, Robert F. Smith, Ronan P. Harty of Davis Polk & Wardwell LLP acted as a legal counsel to Myers. William Blair & Company LLC acted as exclusive financial advisor and Honigman LLP acted as legal counsel to Signature. The transaction is expected to close in the first quarter of 2024. Stuart Rogers of Alston & Bird represented Moelis & Company LLC as financial advisor to Myers Industries, Inc.
Myers Industries, Inc. (NYSE:MYE) completed the acquisition of Signature Systems Group, LLC on February 8, 2024. Annuncio • Jan 03
Myers Industries, Inc. (NYSE:MYE) entered into an agreement to acquire Signature Systems Group, LLC for approximately $350 million. Myers Industries, Inc. (NYSE:MYE) entered into an agreement to acquire Signature Systems Group, LLC for approximately $350 million on December 29, 2023. The purchase price is subject to final working capital adjustment after close. The transaction will be financed through a new $350 million credit facility. Moelis & Company LLC acted as exclusive financial advisor and Vorys, Sater, Seymour and Pease LLP and Davis Polk & Wardwell LLP acted as a legal counsel to Myers. William Blair & Company LLC acted as exclusive financial advisor and Honigman LLP acted as legal counsel to Signature. The transaction is expected to close in the first quarter of 2024. Upcoming Dividend • Nov 24
Upcoming dividend of US$0.14 per share at 3.1% yield Eligible shareholders must have bought the stock before 01 December 2023. Payment date: 03 January 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%). New Risk • Nov 03
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Annuncio • Nov 02
Myers Industries, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Myers Industries, Inc. provided earnings guidance for the fiscal year 2023. for the year, the company expects Net sales decline in the mid to high single digit range and Net income per diluted share in the range of $1.20 to $1.28. Annuncio • Oct 27
Myers Industries Announces Quarterly Dividend, Payable on January 3, 2024 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on January 3, 2024 to shareholders of record as of December 4, 2023. Annuncio • Oct 12
Myers Industries, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Myers Industries, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 01, 2023 Annuncio • Sep 02
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on October 4, 2023 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on October 4, 2023 to shareholders of record as of September 13, 2023. Annuncio • Aug 04
Myers Industries, Inc. Provides Revenue Guidance for the Full Year 2023 Myers Industries, Inc. provides revenue guidance for the full year 2023. Given the current macro challenges, the company have elected to lower revenue guidance for the full year. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.29 (vs US$0.43 in 2Q 2022) Second quarter 2023 results: EPS: US$0.29 (down from US$0.43 in 2Q 2022). Revenue: US$208.5m (down 11% from 2Q 2022). Net income: US$10.6m (down 33% from 2Q 2022). Profit margin: 5.1% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 14
Myers Industries, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Myers Industries, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 03, 2023 Annuncio • Jun 06
Myers Industries, Inc. Approves Quarterly Cash Dividend, Payable on July 5, 2023 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2023 to shareholders of record as of June 16, 2023. Annuncio • May 05
Myers Industries, Inc. Reiterates Earnings Outlook for Fiscal 2023 Myers Industries, Inc. reiterated its earnings outlook for fiscal 2023. For the year, the company expects Net sales growth in the low-to-mid single digit range and Net income per diluted share in the range of $1.50 to $1.80. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.35 (vs US$0.48 in 1Q 2022) First quarter 2023 results: EPS: US$0.35 (down from US$0.48 in 1Q 2022). Revenue: US$215.7m (down 4.3% from 1Q 2022). Net income: US$13.0m (down 25% from 1Q 2022). Profit margin: 6.0% (down from 7.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Mar 08
Upcoming dividend of US$0.14 per share at 2.5% yield Eligible shareholders must have bought the stock before 15 March 2023. Payment date: 04 April 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.1%). Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: US$1.66 (vs US$0.93 in FY 2021) Full year 2022 results: EPS: US$1.66 (up from US$0.93 in FY 2021). Revenue: US$899.5m (up 18% from FY 2021). Net income: US$60.3m (up 80% from FY 2021). Profit margin: 6.7% (up from 4.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year. Upcoming Dividend • Nov 25
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 02 December 2022. Payment date: 04 January 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%). Recent Insider Transactions • Nov 16
Independent Chairman recently sold €306k worth of stock On the 14th of November, Frederic Liebau sold around 15k shares on-market at roughly €20.37 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Frederic has been a net seller over the last 12 months, reducing personal holdings by €221k. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 18% share price gain to €21.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Packaging industry in Europe. Total returns to shareholders of 54% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.38 (vs US$0.22 in 3Q 2021) Third quarter 2022 results: EPS: US$0.38 (up from US$0.22 in 3Q 2021). Revenue: US$228.1m (up 14% from 3Q 2021). Net income: US$13.7m (up 73% from 3Q 2021). Profit margin: 6.0% (up from 4.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 28
Myers Industries, Inc. Announces Earnings Guidance for the Year of 2022 Myers Industries, Inc. Announced earnings guidance for the year of 2022. For the year, the company expected Net sales growth in the high teens range with approximately 45% of the increase due to the acquisitions of Trilogy Plastics and Mohawk Rubber Diluted EPS in the range of $1.39 to $1.59. Annuncio • Oct 21
Myers Industries, Inc. Announces Quarterly Dividend, Payable on January 4, 2023 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on January 4, 2023 to shareholders of record as of December 5, 2022. Annuncio • Oct 11
Myers Industries, Inc. to Report Q3, 2022 Results on Oct 27, 2022 Myers Industries, Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Sep 06
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.2%). Annuncio • Sep 02
Myers Industries, Inc. Announces Quarterly Dividend, Payable on October 4, 2022 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on October 4, 2022 to shareholders of record as of September 14, 2022. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$0.43 (vs US$0.31 in 2Q 2021) Second quarter 2022 results: EPS: US$0.43 (up from US$0.31 in 2Q 2021). Revenue: US$233.2m (up 24% from 2Q 2021). Net income: US$15.8m (up 43% from 2Q 2021). Profit margin: 6.8% (up from 5.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 14
Myers Industries, Inc. to Report Q2, 2022 Results on Aug 02, 2022 Myers Industries, Inc. announced that they will report Q2, 2022 results Pre-Market on Aug 02, 2022 Upcoming Dividend • Jun 09
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 05 July 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.9%). Annuncio • Jun 04
Myers Industries Announces Quarterly Dividend, Payable on July 5, 2022 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2022 to shareholders of record as of June 17, 2022. Annuncio • Jun 02
Myers Industries, Inc. (NYSE:MYE) acquired Assets of Mohawk Rubber Sales Of New England, Inc. for $25.5 million. Myers Industries, Inc. (NYSE:MYE) acquired Assets of Mohawk Rubber Sales Of New England, Inc. for $25.5 million on June 1, 2022. Myers financed the purchase price of $25.5 million through its revolving credit facility. In 2021, Mohawk’s revenues were approximately $65 million. The transaction provides both growth and cost synergy opportunities and is expected to be accretive to earnings in 2023.
Myers Industries, Inc. (NYSE:MYE) completed the acquisition of Assets of Mohawk Rubber Sales Of New England, Inc. on June 1, 2022. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.48 (vs US$0.20 in 1Q 2021) First quarter 2022 results: EPS: US$0.48 (up from US$0.20 in 1Q 2021). Revenue: US$225.5m (up 29% from 1Q 2021). Net income: US$17.3m (up 137% from 1Q 2021). Profit margin: 7.7% (up from 4.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • May 06
Myers Industries, Inc. Provides Earnings Guidance for the Fiscal 2022 Myers Industries, Inc. provided earnings guidance for the fiscal 2022. For the year, the company Net sales growth in the low to mid double-digit range with approximately one quarter of the increase due to the acquisition of Trilogy Plastics Diluted EPS in the range of $1.28to $1.48. Annuncio • Apr 20
Myers Industries, Inc. to Report Q1, 2022 Results on May 05, 2022 Myers Industries, Inc. announced that they will report Q1, 2022 results Pre-Market on May 05, 2022 Recent Insider Transactions • Mar 19
Independent Director recently bought €169k worth of stock On the 15th of March, Ronald DeFeo bought around 10k shares on-market at roughly €16.89 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €631k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.93 (down from US$1.03 in FY 2020). Revenue: US$761.4m (up 49% from FY 2020). Net income: US$33.5m (down 8.8% from FY 2020). Profit margin: 4.4% (down from 7.2% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 4.1%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Mar 06
Myers Industries Announces Quarterly Cash Dividend, Payable on April 4, 2022 Myers Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on April 4, 2022 to shareholders of record as of March 17, 2022. Upcoming Dividend • Nov 27
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 03 December 2021. Payment date: 05 January 2022. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.4%).