Methode Electronics (NYSE:MEI) Hits New 1-Year High – Here’s Why

Posted by Geri Gentry on May 13th, 2026

Methode Electronics, Inc. (NYSE:MEI – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $14.80 and last traded at $14.5390, with a volume of 8079844 shares. The stock had previously closed at $9.36.

Analyst Upgrades and Downgrades

MEI has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Methode Electronics in a report on Tuesday, April 21st. Robert W. Baird set a $8.50 target price on Methode Electronics in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $8.50.

Read Our Latest Research Report on Methode Electronics

Methode Electronics Stock Up 48.6%

The firm’s 50-day simple moving average is $6.88 and its 200-day simple moving average is $7.26. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.55 and a current ratio of 2.41. The company has a market capitalization of $492.90 million, a price-to-earnings ratio of -7.64 and a beta of 1.46.

Methode Electronics (NYSE:MEI – Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The electronics maker reported ($0.37) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.11). Methode Electronics had a negative net margin of 6.58% and a negative return on equity of 8.04%. The company had revenue of $233.70 million for the quarter, compared to analyst estimates of $219.44 million. Sell-side analysts forecast that Methode Electronics, Inc. will post -0.89 earnings per share for the current year.

Methode Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 17th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, April 17th. Methode Electronics’s dividend payout ratio (DPR) is presently -10.99%.

Institutional Investors Weigh In On Methode Electronics

A number of institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its stake in shares of Methode Electronics by 1,027.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,089 shares of the electronics maker’s stock valued at $29,000 after buying an additional 2,815 shares in the last quarter. Mackenzie Financial Corp acquired a new stake in shares of Methode Electronics during the 3rd quarter valued at about $103,000. XTX Topco Ltd acquired a new stake in shares of Methode Electronics during the 2nd quarter valued at about $107,000. Inscription Capital LLC bought a new stake in Methode Electronics in the fourth quarter valued at about $112,000. Finally, R Squared Ltd acquired a new position in Methode Electronics in the fourth quarter worth about $119,000. Institutional investors and hedge funds own 95.49% of the company’s stock.

Methode Electronics Company Profile

(Get Free Report)

Methode Electronics, Inc is a Chicago-based global manufacturer of custom-engineered electronic and electromechanical components and assemblies. Founded in 1946, Methode specializes in providing solutions that integrate electrical connectors, sensors, switches, human-machine interface devices and power distribution modules. The company’s product portfolio addresses complex application requirements across a broad range of end markets, including automotive, industrial, energy, healthcare and data/telecommunications.

In its automotive segment, Methode develops advanced connector systems, circuit protection devices and thermal management solutions for internal combustion, hybrid and electric vehicles.