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Myers Industries NYSE:MYE Stock Report

Last Price

US$22.01

Market Cap

US$811.8m

7D

5.0%

1Y

17.1%

Updated

24 Apr, 2024

Data

Company Financials +

MYE Stock Overview

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio.

MYE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Myers Industries, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Myers Industries
Historical stock prices
Current Share PriceUS$22.01
52 Week HighUS$23.63
52 Week LowUS$15.65
Beta1.33
1 Month Change-5.17%
3 Month Change16.46%
1 Year Change17.14%
3 Year Change-0.36%
5 Year Change23.79%
Change since IPO2,390.73%

Recent News & Updates

Shareholders Will Most Likely Find Myers Industries, Inc.'s (NYSE:MYE) CEO Compensation Acceptable

Apr 19
Shareholders Will Most Likely Find Myers Industries, Inc.'s (NYSE:MYE) CEO Compensation Acceptable

This Analyst Just Wrote A Brand New Outlook For Myers Industries, Inc.'s (NYSE:MYE) Business

Mar 10
This Analyst Just Wrote A Brand New Outlook For Myers Industries, Inc.'s (NYSE:MYE) Business

Recent updates

Shareholders Will Most Likely Find Myers Industries, Inc.'s (NYSE:MYE) CEO Compensation Acceptable

Apr 19
Shareholders Will Most Likely Find Myers Industries, Inc.'s (NYSE:MYE) CEO Compensation Acceptable

This Analyst Just Wrote A Brand New Outlook For Myers Industries, Inc.'s (NYSE:MYE) Business

Mar 10
This Analyst Just Wrote A Brand New Outlook For Myers Industries, Inc.'s (NYSE:MYE) Business

Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Mar 05
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Myers Industries: Buying Growth

Jan 03

Returns At Myers Industries (NYSE:MYE) Are On The Way Up

Dec 15
Returns At Myers Industries (NYSE:MYE) Are On The Way Up

Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Nov 13
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Some Myers Industries, Inc. (NYSE:MYE) Analysts Just Made A Major Cut To Next Year's Estimates

Nov 08
Some Myers Industries, Inc. (NYSE:MYE) Analysts Just Made A Major Cut To Next Year's Estimates

Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135

Oct 30
Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135

Myers Industries: Compressed Multiples Disconnect From Economic Performance, Rate Buy

Sep 13

Myers Industries (NYSE:MYE) Has Affirmed Its Dividend Of $0.135

Sep 08
Myers Industries (NYSE:MYE) Has Affirmed Its Dividend Of $0.135

Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135

Jun 08
Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135

Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135

Mar 06
Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135

Myers Industries: Strong Trends And Upside Potential

Feb 06

Myers Industries, Inc. (NYSE:MYE) Shares Could Be 49% Below Their Intrinsic Value Estimate

Jan 12
Myers Industries, Inc. (NYSE:MYE) Shares Could Be 49% Below Their Intrinsic Value Estimate

Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Nov 20
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135

Oct 30
Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135

We Ran A Stock Scan For Earnings Growth And Myers Industries (NYSE:MYE) Passed With Ease

Oct 28
We Ran A Stock Scan For Earnings Growth And Myers Industries (NYSE:MYE) Passed With Ease

Myers Non-GAAP EPS of $0.41 beats by $0.08, revenue of $228.1M beats by $3.3M

Oct 27

Myers declares $0.135 dividend

Oct 20

Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135

Sep 05
Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135

Myers declares $0.135 dividend

Sep 01

What Does Myers Industries, Inc.'s (NYSE:MYE) Share Price Indicate?

Aug 27
What Does Myers Industries, Inc.'s (NYSE:MYE) Share Price Indicate?

Myers Non-GAAP EPS of $0.45 beats by $0.07, revenue of $233.2M beats by $15.66M, raises FY outlook

Aug 02

Myers Industries: Fairly Valued Right Now

Jul 15

At US$23.03, Is It Time To Put Myers Industries, Inc. (NYSE:MYE) On Your Watch List?

May 25
At US$23.03, Is It Time To Put Myers Industries, Inc. (NYSE:MYE) On Your Watch List?

Here's Why I Think Myers Industries (NYSE:MYE) Is An Interesting Stock

May 09
Here's Why I Think Myers Industries (NYSE:MYE) Is An Interesting Stock

Myers Industries (NYSE:MYE) Seems To Use Debt Rather Sparingly

Apr 21
Myers Industries (NYSE:MYE) Seems To Use Debt Rather Sparingly

Myers Industries (NYSE:MYE) Has Affirmed Its Dividend Of US$0.14

Mar 07
Myers Industries (NYSE:MYE) Has Affirmed Its Dividend Of US$0.14

Should You Investigate Myers Industries, Inc. (NYSE:MYE) At US$16.45?

Feb 08
Should You Investigate Myers Industries, Inc. (NYSE:MYE) At US$16.45?

Shareholder Returns

MYEUS PackagingUS Market
7D5.0%0.5%1.2%
1Y17.1%10.7%24.7%

Return vs Industry: MYE exceeded the US Packaging industry which returned 10.7% over the past year.

Return vs Market: MYE underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is MYE's price volatile compared to industry and market?
MYE volatility
MYE Average Weekly Movement4.1%
Packaging Industry Average Movement3.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: MYE has not had significant price volatility in the past 3 months.

Volatility Over Time: MYE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19332,500Mike McGaughwww.myersindustries.com

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.

Myers Industries, Inc. Fundamentals Summary

How do Myers Industries's earnings and revenue compare to its market cap?
MYE fundamental statistics
Market capUS$811.83m
Earnings (TTM)US$48.87m
Revenue (TTM)US$813.07m

16.6x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYE income statement (TTM)
RevenueUS$813.07m
Cost of RevenueUS$553.98m
Gross ProfitUS$259.09m
Other ExpensesUS$210.22m
EarningsUS$48.87m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)1.33
Gross Margin31.87%
Net Profit Margin6.01%
Debt/Equity Ratio19.8%

How did MYE perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

41%

Payout Ratio
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