Myers Industries (MYE) Set to Announce Earnings on Thursday

Myers Industries (NYSE:MYE) is scheduled to be releasing its earnings data before the market opens on Thursday, August 1st. Investors interested in registering for the company’s conference call can do so using this link.

Myers Industries (NYSE:MYE) last released its quarterly earnings results on Tuesday, May 7th. The industrial products company reported $0.21 EPS for the quarter. The business had revenue of $207.10 million during the quarter. Myers Industries had a return on equity of 15.99% and a net margin of 4.90%.

Myers Industries Trading Down 0.1 %

MYE opened at $14.47 on Wednesday. The business has a 50 day simple moving average of $14.49 and a two-hundred day simple moving average of $18.17. The firm has a market capitalization of $537.99 million, a price-to-earnings ratio of 13.65 and a beta of 1.21. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.75 and a quick ratio of 1.10. Myers Industries has a one year low of $12.47 and a one year high of $23.63.

Myers Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 5th. Shareholders of record on Tuesday, June 18th were given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date was Tuesday, June 18th. Myers Industries’s payout ratio is 50.94%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Myers Industries from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th.

Myers Industries Company Profile

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.