Myers Industries (MYE) to Release Earnings on Thursday

Myers Industries (NYSE:MYE) is anticipated to issue 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. Parties are encouraged to explore 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) last issued its quarterly earnings results on Thursday, May 7th. The industrial products company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.28 by $0.16. The business 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 Up 1.9%

Myers Industries stock traded up $0.61 during midday trading on Tuesday, hitting $33.30. The stock had a trading volume of 104,078 shares, compared to its average volume of 321,492. The business has a fifty day moving average price of $27.80 and a 200 day moving average price of $23.60. Myers Industries has a 12 month low of $12.96 and a 12 month high of $35.75. The stock has a market cap of $1.25 billion, a P/E ratio of 47.58 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.

Myers Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Wednesday, June 17th were given a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, June 17th. Myers Industries’s dividend payout ratio is currently 77.14%.

Institutional Trading of Myers Industries

A number of large investors have recently modified their holdings of MYE. Invesco Ltd. boosted its stake in Myers Industries by 12.5% during the 4th quarter. Invesco Ltd. now owns 76,177 shares of the industrial products company’s stock valued at $1,426,000 after purchasing an additional 8,489 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Myers Industries by 23.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,641 shares of the industrial products company’s stock valued at $237,000 after purchasing an additional 2,394 shares during the period. XTX Topco Ltd acquired a new stake in shares of Myers Industries in the fourth quarter valued at approximately $597,000. Polymer Capital Management US LLC raised its holdings in shares of Myers Industries by 16.0% during the fourth quarter. Polymer Capital Management US LLC now owns 19,051 shares of the industrial products company’s stock valued at $357,000 after buying an additional 2,629 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Myers Industries by 9.5% during the fourth quarter. AQR Capital Management LLC now owns 414,536 shares of the industrial products company’s stock valued at $7,760,000 after buying an additional 36,088 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. KeyCorp boosted their target price on shares of Myers Industries from $26.00 to $37.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Wall Street Zen lowered shares of Myers Industries from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings downgraded Myers Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $37.00.

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.