Myers Industries (NYSE:MYE) Sets New 52-Week High – Here’s Why

10 Dec 2025, 06:40 by Teresa Graham · The Cerbat Gem

Myers Industries, Inc. (NYSE:MYE – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $18.70 and last traded at $18.7670, with a volume of 17195 shares changing hands. The stock had previously closed at $18.45.

Analysts Set New Price Targets

MYE has been the subject of several recent research reports. Wall Street Zen upgraded shares of Myers Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Myers Industries in a report on Wednesday, October 8th. Finally, Zacks Research lowered Myers Industries from a “hold” rating to a “strong sell” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $21.00.

Get Our Latest Report on MYE

Myers Industries Stock Performance

The company has a current ratio of 1.67, a quick ratio of 1.09 and a debt-to-equity ratio of 1.18. The stock has a market cap of $701.77 million, a PE ratio of 25.35 and a beta of 1.14. The business’s 50-day moving average price is $17.30 and its 200-day moving average price is $16.04.

Myers Industries (NYSE:MYE – Get Free Report) last posted its earnings results on Thursday, October 30th. The industrial products company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. The company had revenue of $205.44 million during the quarter, compared to analysts’ expectations of $206.40 million. Myers Industries had a net margin of 3.38% and a return on equity of 13.15%. As a group, equities research analysts expect that Myers Industries, Inc. will post 0.95 earnings per share for the current fiscal year.

Myers Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Wednesday, December 3rd will be given a $0.135 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.9%. Myers Industries’s dividend payout ratio (DPR) is presently 72.97%.

Insider Buying and Selling at Myers Industries

In other Myers Industries news, CFO Samantha Rutty purchased 3,000 shares of the stock in a transaction on Friday, November 14th. The stock was acquired at an average price of $17.50 per share, with a total value of $52,500.00. Following the completion of the acquisition, the chief financial officer owned 3,000 shares in the company, valued at $52,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Helmuth Ludwig purchased 5,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were acquired at an average price of $17.21 per share, for a total transaction of $86,050.00. Following the purchase, the director directly owned 13,436 shares of the company’s stock, valued at approximately $231,233.56. The trade was a 59.27% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 9,000 shares of company stock worth $156,000. 1.85% of the stock is owned by company insiders.

Institutional Trading of Myers Industries

A number of institutional investors have recently bought and sold shares of MYE. XTX Topco Ltd acquired a new position in Myers Industries during the 1st quarter valued at approximately $201,000. Vanguard Group Inc. grew its holdings in shares of Myers Industries by 3.2% during the first quarter. Vanguard Group Inc. now owns 2,684,971 shares of the industrial products company’s stock valued at $32,032,000 after buying an additional 82,223 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Myers Industries by 10.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 420,885 shares of the industrial products company’s stock valued at $5,021,000 after acquiring an additional 39,504 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Myers Industries in the 1st quarter worth $503,000. Finally, Nuveen LLC acquired a new stake in Myers Industries during the 1st quarter worth about $9,247,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

About Myers Industries

(Get Free Report)

Myers Industries, Inc engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling.