Myers Industries (NYSE:MYE – Get Free Report) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $166.00 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.
Myers Industries (NYSE:MYE – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.16. Myers Industries had a net margin of 3.36% and a return on equity of 17.23%. The firm had revenue of $164.58 million for the quarter, compared to analysts’ expectations of $209.30 million.
Myers Industries Stock Performance
NYSE MYE opened at $30.72 on Thursday. Myers Industries has a 52-week low of $12.96 and a 52-week high of $35.75. The company has a fifty day moving average of $27.25 and a 200-day moving average of $23.33. The company has a market capitalization of $1.15 billion, a P/E ratio of 43.88 and a beta of 0.88. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.29 and a current ratio of 1.65.
Myers Industries Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on MYE. Wall Street Zen cut Myers Industries from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut Myers Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, KeyCorp boosted their target price on Myers Industries from $26.00 to $37.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $37.00.
Institutional Investors Weigh In On Myers Industries
A number of hedge funds and other institutional investors have recently modified their holdings of MYE. Advisory Research Inc. boosted its stake in shares of Myers Industries by 84.5% during the fourth quarter. Advisory Research Inc. now owns 1,302,928 shares of the industrial products company’s stock valued at $24,391,000 after purchasing an additional 596,848 shares during the period. AQR Capital Management LLC increased its stake in shares of Myers Industries by 137.9% in the second quarter. AQR Capital Management LLC now owns 397,242 shares of the industrial products company’s stock worth $5,756,000 after buying an additional 230,252 shares during the period. Jane Street Group LLC raised its holdings in Myers Industries by 52.5% during the 1st quarter. Jane Street Group LLC now owns 593,017 shares of the industrial products company’s stock valued at $7,075,000 after buying an additional 204,144 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Myers Industries during the 4th quarter valued at $3,296,000. Finally, JPMorgan Chase & Co. boosted its position in Myers Industries by 105.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 343,045 shares of the industrial products company’s stock valued at $5,811,000 after buying an additional 175,684 shares during the period. Institutional investors own 90.82% of the company’s stock.
Myers Industries Company Profile
Myers Industries, Inc is a diversified manufacturer of polymer products serving industrial, commercial and consumer markets. The company designs, produces and markets a broad range of molded and fabricated plastic components, including pallets, bulk containers, tanks and drums used in material handling and storage applications. Myers Industries leverages proprietary polymer technologies to provide durable, reusable solutions that help customers optimize supply chain efficiency and reduce environmental impact.
Myers operates primarily through two business segments.
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