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Myers Industries NYSE:MYE Stock Report

Last Price

US$11.40

Market Cap

US$424.8m

7D

-7.3%

1Y

-42.7%

Updated

22 Dec, 2024

Data

Company Financials +

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US$22.00
FV
48.2% undervalued intrinsic discount
7.24%
Revenue growth p.a.
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Myers Industries, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Myers Industries
Historical stock prices
Current Share PriceUS$11.40
52 Week HighUS$23.63
52 Week LowUS$10.35
Beta1.24
1 Month Change2.43%
3 Month Change-20.00%
1 Year Change-42.66%
3 Year Change-42.10%
5 Year Change-30.91%
Change since IPO1,190.06%

Recent News & Updates

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

Nov 22
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Recent updates

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

Nov 22
Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135

Myers Industries (NYSE:MYE) Will Pay A Dividend Of $0.135

Oct 31
Myers Industries (NYSE:MYE) Will Pay A Dividend Of $0.135

Myers Industries And Its Real Value

Oct 10

Is It Time To Consider Buying Myers Industries, Inc. (NYSE:MYE)?

Oct 04
Is It Time To Consider Buying Myers Industries, Inc. (NYSE:MYE)?

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

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

Myers Industries' (NYSE:MYE) Dividend Will Be $0.135

Jun 16
Myers Industries' (NYSE:MYE) Dividend Will Be $0.135

Take Care Before Jumping Onto Myers Industries, Inc. (NYSE:MYE) Even Though It's 26% Cheaper

May 14
Take Care Before Jumping Onto Myers Industries, Inc. (NYSE:MYE) Even Though It's 26% Cheaper

Myers Industries, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 10
Myers Industries, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

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

Shareholder Returns

MYEUS PackagingUS Market
7D-7.3%-4.2%-2.4%
1Y-42.7%11.3%23.4%

Return vs Industry: MYE underperformed the US Packaging industry which returned 11.1% over the past year.

Return vs Market: MYE underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is MYE's price volatile compared to industry and market?
MYE volatility
MYE Average Weekly Movement6.3%
Packaging Industry Average Movement3.8%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: MYE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19332,500Dave Basquewww.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$424.76m
Earnings (TTM)US$15.44m
Revenue (TTM)US$823.48m

27.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYE income statement (TTM)
RevenueUS$823.48m
Cost of RevenueUS$561.33m
Gross ProfitUS$262.15m
Other ExpensesUS$246.71m
EarningsUS$15.44m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin31.83%
Net Profit Margin1.88%
Debt/Equity Ratio143.6%

How did MYE perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

130%

Payout Ratio

Does MYE pay a reliable dividends?

See MYE dividend history and benchmarks
When do you need to buy MYE by to receive an upcoming dividend?
Myers Industries dividend dates
Ex Dividend DateDec 03 2024
Dividend Pay DateJan 03 2025
Days until Ex dividend19 days
Days until Dividend pay date12 days

Does MYE pay a reliable dividends?

See MYE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Myers Industries, Inc. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Gary FarberCL King & Associates, Inc.
Tyler LangtonJ.P. Morgan