Myers Industries (MYE) Expected to Announce Quarterly Earnings on Thursday

Myers Industries (NYSE:MYE) is anticipated to post its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $209.30 million for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Myers Industries (NYSE:MYE) last issued its earnings results on Thursday, March 5th. The industrial products company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.23 by $0.08. Myers Industries had a net margin of 4.23% and a return on equity of 14.46%. The company had revenue of $203.97 million for the quarter, compared to the consensus estimate of $202.60 million.

Myers Industries Stock Down 4.2%

MYE opened at $19.83 on Tuesday. The firm has a market cap of $741.79 million, a price-to-earnings ratio of 21.33 and a beta of 0.96. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.16 and a current ratio of 1.67. The firm’s 50-day simple moving average is $21.42 and its 200-day simple moving average is $19.88. Myers Industries has a twelve month low of $11.37 and a twelve month high of $24.03.

Myers Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Friday, March 13th were paid a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, March 13th. Myers Industries’s dividend payout ratio is currently 58.06%.

Analysts Set New Price Targets

Several analysts have recently weighed in on MYE shares. Wall Street Zen lowered shares of Myers Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 28th. Weiss Ratings restated a “hold (c)” rating on shares of Myers Industries in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Myers Industries presently has a consensus rating of “Hold” and an average target price of $21.00.

Hedge Funds Weigh In On Myers Industries

Several hedge funds have recently added to or reduced their stakes in MYE. Advisory Research Inc. lifted its position in Myers Industries by 84.5% during the 4th 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 grew its position in shares of Myers Industries by 137.9% during the 2nd 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 stake in shares of Myers Industries by 52.5% during the first quarter. Jane Street Group LLC now owns 593,017 shares of the industrial products company’s stock worth $7,075,000 after buying an additional 204,144 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Myers Industries in the fourth quarter valued at approximately $3,296,000. Finally, JPMorgan Chase & Co. boosted its stake in Myers Industries by 105.0% in the third quarter. JPMorgan Chase & Co. now owns 343,045 shares of the industrial products company’s stock valued at $5,811,000 after acquiring an additional 175,684 shares during the last quarter. Institutional investors own 90.82% of the company’s stock.

About Myers Industries

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.