Myers Industries (NYSE:MYE) Sets New 12-Month High After Better-Than-Expected Earnings

Myers Industries, Inc. (NYSE:MYE)’s stock price hit a new 52-week high on Thursday following a better than expected earnings announcement. The company traded as high as $23.84 and last traded at $23.76, with a volume of 114969 shares traded. The stock had previously closed at $21.77.

The industrial products company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. Myers Industries had a return on equity of 14.46% and a net margin of 4.23%.The company had revenue of $203.97 million during the quarter, compared to analyst estimates of $202.60 million.

Myers Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Friday, March 13th will be paid a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, March 13th. Myers Industries’s dividend payout ratio is 72.97%.

Myers Industries News Roundup

Here are the key news stories impacting Myers Industries this week:

• Positive Sentiment: Q4 beat on both EPS and revenue and showed margin improvement — Company reported $0.31 EPS vs. $0.23 consensus and revenue of $203.97M vs. ~$202.6M, with commentary on margin expansion for 2025. Myers Industries Announces 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Market reaction initially modestly positive — some coverage notes the beat pushed shares up intraday before profit-taking. This shows the beat was received as credible but not enough to sustain a rally. Myers Industries beats estimates on earnings and revenue, stock edges up
• Neutral Sentiment: Full materials and transcripts are available — slides and the earnings-call transcript provide detail on segment performance and the company’s narrative on cost/margin drivers. Useful for digging into whether margin gains are sustainable. Myers Industries, Inc. (MYE) Q4 2025 Earnings Call Transcript Myers Industries, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Valuation and fundamental metrics may cap upside — MYE trades at a mid‑to‑high P/E (~29x) with a modest net margin (~3.4%) and leverage (debt/equity ~1.18), which can prompt profit-taking after a rally toward the 52-week high.
• Negative Sentiment: Stock moved lower on higher volume — the heavier-than-average trading suggests sellers dominated after the release despite the beat; investors may be awaiting clearer forward guidance or sustainability of margin gains.

Analyst Upgrades and Downgrades

MYE has been the topic of several research reports. Zacks Research raised Myers Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Wall Street Zen upgraded Myers Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Myers Industries in a report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $21.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in Myers Industries by 44.5% in the 1st quarter. Royal Bank of Canada now owns 24,684 shares of the industrial products company’s stock worth $295,000 after purchasing an additional 7,607 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Myers Industries by 148.8% in the first quarter. AQR Capital Management LLC now owns 166,990 shares of the industrial products company’s stock valued at $1,992,000 after purchasing an additional 99,881 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Myers Industries by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,835 shares of the industrial products company’s stock worth $260,000 after buying an additional 936 shares during the period. Millennium Management LLC boosted its position in shares of Myers Industries by 2.7% during the first quarter. Millennium Management LLC now owns 911,626 shares of the industrial products company’s stock worth $10,876,000 after buying an additional 23,866 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Myers Industries by 12.2% during the first quarter. Goldman Sachs Group Inc. now owns 320,996 shares of the industrial products company’s stock worth $3,829,000 after buying an additional 34,787 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Myers Industries Stock Performance

The stock has a 50-day moving average of $20.92 and a 200-day moving average of $18.56. The firm has a market cap of $807.68 million, a price-to-earnings ratio of 23.22 and a beta of 1.06. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.09 and a current ratio of 1.67.

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.