Myers Industries Announces Quarterly Dividend

6/4/24 4:05:00 PM ET

Plastic Products

Industrials

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Myers Industries, Inc. (NYSE:MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2024, to shareholders of record as of June 18, 2024.

About Myers Industries

Myers Industries, Inc. is a leading manufacturer of a wide range of polymer and metal products for industrial, agricultural, automotive, commercial and consumer markets. The Company is also the largest distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240604092392/en/

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Recent Analyst Ratings for
$MYE

Date	Price Target	Rating	Analyst
11/6/2024		Overweight → Sector Weight	KeyBanc Capital Markets
3/2/2023	$28.50 → $23.75	Outperform → Market Perform	TD Cowen
8/24/2021	$25.00 → $27.00	Overweight	Keybanc

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$MYE
Financials

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Myers Industries Announces Third Quarter 2024 Results
Improved gross margins and adjusted EBITDA driven by strong performance of Signature Systems Ongoing demand headwinds within certain end markets expected for the remainder of 2024 Continued focus on cost reduction; additional $15 million of annualized run rate cost savings targeted by 2025 Full-year guidance revised to $0.92 - $1.02 for adjusted earnings per share Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for tire, wheel, and under vehicle service industry, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net sales of $205.1 million compared with
11/4/24 4:01:00 PM ET
$MYE
Plastic Products
Industrials
Myers Industries Announces Quarterly Dividend
Myers Industries, Inc. (NYSE:MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on January 3, 2025, to shareholders of record as of December 3, 2024. About Myers Industries Myers Industries, Inc. is a leading manufacturer of a wide range of polymer and metal products for industrial, agricultural, automotive, commercial and consumer markets. The Company is also the largest distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the U.S. Visit www.myersindustries.com to learn more. M-INV View source version on businesswire.com: https://www.businesswire.com/news/home/202410250254
10/25/24 4:15:00 PM ET
$MYE
Plastic Products
Industrials
Myers Industries Announces Reporting Date and Conference Call for 2024 Third Quarter Results
Myers Industries, Inc. (NYSE:MYE) today announced that it will report financial results for the third quarter of 2024 on Monday, November 4, 2024, after market close. The Company will host a conference call the same day at 4:30 p.m. Eastern Time to review its performance. Investors and analysts may access the call by registering with the following participation link: https://www.netroadshow.com/events/login?show=2acccce1&confId=72128. Upon registering, each participant will receive call details and a registrant ID. Reminders will be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast. To access the live webcast, visit the Compa
10/4/24 4:05:00 PM ET
$MYE
Plastic Products
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$MYE
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Myers Industries Appoints Aaron Schapper as President, Chief Executive Officer and Director Effective January 1, 2025
Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry (the "Company" or "Myers"), today announced that its Board of Directors (the "Board") has appointed Aaron M. Schapper as the Company's new President and Chief Executive Officer, effective January 1, 2025. Mr. Schapper will succeed Dave Basque, who has been serving as Myers' Interim President and CEO since September 9, 2024, and who will return to his role as Vice President, Special Projects. Mr. Schapper will also join the Board in January. This press release features multimedia. View the full release here: https://www
11/21/24 4:00:00 PM ET
$MYE
$VMI
Plastic Products
Industrials
Metal Fabrications
Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE:ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions. Azenta's market capitalization is no longer representative of the mid-cap market space.Concentra Group Holdings Inc. (NYSE:CON) will replace Myers Industries Inc. (NYSE:MYE) in the S&P SmallCap 600 effective prior to the openin
11/19/24 5:56:00 PM ET
$AZTA
$CON
$ENV
$FLEX
Industrial Machinery/Components
Technology
Medical Specialities
Health Care
Myers Industries Announces Third Quarter 2024 Results
Improved gross margins and adjusted EBITDA driven by strong performance of Signature Systems Ongoing demand headwinds within certain end markets expected for the remainder of 2024 Continued focus on cost reduction; additional $15 million of annualized run rate cost savings targeted by 2025 Full-year guidance revised to $0.92 - $1.02 for adjusted earnings per share Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for tire, wheel, and under vehicle service industry, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net sales of $205.1 million compared with
11/4/24 4:01:00 PM ET
$MYE
Plastic Products
Industrials

Myers Industries Appoints Aaron Schapper as President, Chief Executive Officer and Director Effective January 1, 2025
Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry (the "Company" or "Myers"), today announced that its Board of Directors (the "Board") has appointed Aaron M. Schapper as the Company's new President and Chief Executive Officer, effective January 1, 2025. Mr. Schapper will succeed Dave Basque, who has been serving as Myers' Interim President and CEO since September 9, 2024, and who will return to his role as Vice President, Special Projects. Mr. Schapper will also join the Board in January. This press release features multimedia. View the full release here: https://www
11/21/24 4:00:00 PM ET
$MYE
$VMI
Plastic Products
Industrials
Metal Fabrications
Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE:ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions. Azenta's market capitalization is no longer representative of the mid-cap market space.Concentra Group Holdings Inc. (NYSE:CON) will replace Myers Industries Inc. (NYSE:MYE) in the S&P SmallCap 600 effective prior to the openin
11/19/24 5:56:00 PM ET
$AZTA
$CON
$ENV
$FLEX
Industrial Machinery/Components
Technology
Medical Specialities
Health Care
Myers Industries Announces CEO Leadership Transition Plan
Dave Basque, Vice President of Special Projects and Former Vice President in Myers' Material Handling Segment, Named Interim President and CEO Board Has Initiated a Search for a New CEO Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry, today announced a leadership transition to support the continued transformation of the Company. The Board of Directors has appointed Dave Basque, Myers Industries' Vice President, Special Projects, to the additional role of Interim President and CEO, replacing Mike McGaugh, effective immediately. Dave Basque will serve in that role un
9/9/24 9:00:00 AM ET
$MYE
Plastic Products
Industrials

Myers Industries Announces Quarterly Dividend

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$MYE Insider Purchases

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Mcgaugh Michael bought $39,000 worth of shares (2,500 units at $15.60), increasing direct ownership by 1% to 239,067 units (SEC Form 4)

$MYE Financials

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Myers Industries Announces Third Quarter 2024 Results