Myers Industries, Inc. (MYE)

Over the past six months, Myers Industries, Inc. stock has increased by approximately 65.34%. In Q2 2025, the company reported EPS of $0.31, missing the analyst estimate, and revenue of $209.58 million, also below expectations, leading to a stock dip. In Q4 2024, Myers Industries beat expectations with an adjusted EPS of $0.19 and revenue of $203.9 million. The company consistently announced quarterly cash dividends of $0.135 per share. Myers Industries announced a strategic review of its Myers Tire Supply business and initiated actions to idle two rotational molding production facilities, aiming for cost savings. Samantha Rutty was appointed as Executive Vice President and Chief Financial Officer, and Helmuth Ludwig joined the Board of Directors. Analyst ratings show a consensus of "Hold" with an average 12-month price target of $21.00.

Demand for Myers Industries' products and services exhibits seasonality and cyclicality depending on the market segment. The company has experienced cyclical weakness in demand in recreational vehicles, agriculture, vehicle, and automotive aftermarket. The industrial and infrastructure categories are expected to see growth, while the consumer and food & beverage categories are anticipated to remain stable. The Scepter subsidiary has shown rapid sales growth, and the distribution business is expected to benefit from a pick-up in demand.

Myers Industries, Inc. is a diversified industrial company based in Akron, Ohio, specializing in sustainable plastic and metal products and tire service supplies distribution. It operates through two segments: Material Handling, which manufactures plastic and metal products for various industries, and Distribution, which provides tools and supplies for tire, wheel, and under-vehicle service. The company is categorized within the Producer Manufacturing sector and the Miscellaneous Manufacturing industry, including Packaging & Containers and Plastics Products.

Myers Industries, Inc. is headquartered in Akron, Ohio, USA, and has an international presence with over 30 locations worldwide, including manufacturing plants, distribution centers, and international sales offices. Its employees are located across six continents, including North America, South America, and Europe. Specific subsidiaries and operating divisions are located in various states across the U.S. and internationally in Canada, Brazil, El Salvador, Guatemala, Panama, and the United Kingdom.

Information specifically detailing Myers Industries' brand reputation or events that have explicitly affected it in the past year is not readily available. The news primarily focuses on financial performance, corporate strategy, and leadership changes.

Myers Industries is primarily owned by institutional shareholders (86.92%) and Myers Industries insiders (34.30%), with a smaller percentage held by retail investors. Major institutional owners include Gamco Investors Inc Et Al, Blackrock Inc, Vanguard Group Inc, Allspring Global Investments Holdings LLC, Dimensional Fund Advisors LP, Gabelli Funds LLC, Renaissance Technologies LLC and Invenomic Capital Management LP. The largest individual shareholder is Mary S. Myers, owning 19.30% of the company, followed by Stephen E. Myers, owning 9.20% of shares.