Myers Industries (NYSE:MYE – Get Free Report) is anticipated to release its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $0.36 per share and revenue of $166.00 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report 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 issued its quarterly earnings data on Thursday, May 7th. The industrial products company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.16. The firm had revenue of $164.58 million for the quarter, compared to analysts’ expectations of $209.30 million. Myers Industries had a net margin of 3.36% and a return on equity of 17.23%.
Myers Industries Stock Performance
NYSE MYE traded down $0.93 during trading hours on Wednesday, hitting $32.54. 27,673 shares of the company’s stock traded hands, compared to its average volume of 323,295. Myers Industries has a 52 week low of $12.96 and a 52 week high of $35.75. The firm has a market capitalization of $1.22 billion, a P/E ratio of 46.55 and a beta of 0.88. The company has a current ratio of 1.65, a quick ratio of 1.29 and a debt-to-equity ratio of 1.04. The business’s fifty day moving average price is $28.04 and its two-hundred day moving average price is $23.70.
Myers Industries Announces Dividend
Institutional Trading of Myers Industries
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Myers Industries by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 2,867,574 shares of the industrial products company’s stock valued at $48,577,000 after buying an additional 133,496 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Myers Industries by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,549,855 shares of the industrial products company’s stock worth $29,014,000 after buying an additional 14,779 shares in the last quarter. Advisory Research Inc. raised its holdings in 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 acquiring an additional 596,848 shares during the period. Millennium Management LLC lifted its position in shares of Myers Industries by 2.7% in the first quarter. Millennium Management LLC now owns 911,626 shares of the industrial products company’s stock valued at $10,876,000 after acquiring an additional 23,866 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Myers Industries by 12.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 655,748 shares of the industrial products company’s stock worth $12,276,000 after acquiring an additional 71,971 shares during the period. 90.82% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on MYE shares. Wall Street Zen lowered Myers Industries from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. KeyCorp boosted their price target on Myers Industries from $26.00 to $37.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings cut Myers Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $37.00.
Check Out Our Latest Stock Analysis on MYE
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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