Myers Industries (NYSE:MYE) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Myers Industries (NYSE:MYE) released its earnings results on Thursday. The industrial products company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08, FiscalAI reports. The business had revenue of $203.97 million during the quarter, compared to analysts’ expectations of $202.60 million. Myers Industries had a return on equity of 13.15% and a net margin of 3.38%.

Here are the key takeaways from Myers Industries’ conference call:

• Fourth-quarter margins expanded materially — adjusted gross margin rose 140 basis points to 33.6% and adjusted operating margin expanded 230 basis points to 11%, supporting a 63% year‑over‑year increase in adjusted EPS.
• Management delivered $20 million in annualized cost savings (primarily SG&A) and idled two rotational molding facilities while exiting low‑margin products to improve utilization and the company’s margin profile.
• The company completed a strategic review and announced the sale of Myers Tire Supply (MTS); MTS will be treated as discontinued operations beginning in Q1, removing the automotive aftermarket from forward guidance and reshaping the revenue base during the transition.
• Free cash flow increased 23% to $67.2 million, net debt was reduced by $44.2 million (net leverage 2.4 within the 1.5–2.5 target range), and $23 million was returned to shareholders, providing flexibility for growth investment or further deleveraging.
• 2026 outlook is mixed by end market — infrastructure shows very strong demand with the largest-ever matting backlog, industrial is expected to see moderate growth, food & beverage slightly down, and the Q4 exits/idling remove about $5 million of revenue per quarter while improving earnings.

Myers Industries Stock Down 6.1%

MYE traded down $1.39 during trading on Friday, hitting $21.39. 91,724 shares of the company’s stock were exchanged, compared to its average volume of 284,331. Myers Industries has a fifty-two week low of $9.06 and a fifty-two week high of $24.03. The stock has a market cap of $800.16 million, a P/E ratio of 28.91 and a beta of 1.06. The business’s 50 day moving average is $20.87 and its two-hundred day moving average is $18.52. The company has a quick ratio of 1.09, a current ratio of 1.67 and a debt-to-equity ratio of 1.18.

Myers Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Friday, March 13th will be paid a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, March 13th. Myers Industries’s payout ratio is 72.97%.

Analyst Ratings Changes

MYE has been the subject of several recent analyst reports. Zacks Research raised shares of Myers Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. Wall Street Zen raised shares of Myers Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 28th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Myers Industries in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $21.00.

Institutional Investors Weigh In On Myers Industries

Several hedge funds and other institutional investors have recently made changes to their positions in MYE. Royal Bank of Canada lifted its position in Myers Industries by 44.5% in the 1st quarter. Royal Bank of Canada now owns 24,684 shares of the industrial products company’s stock valued at $295,000 after acquiring an additional 7,607 shares in the last quarter. AQR Capital Management LLC raised its position in Myers Industries by 148.8% in the first quarter. AQR Capital Management LLC now owns 166,990 shares of the industrial products company’s stock worth $1,992,000 after acquiring an additional 99,881 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Myers Industries by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,835 shares of the industrial products company’s stock valued at $260,000 after acquiring an additional 936 shares during the last quarter. Millennium Management LLC boosted its stake in Myers Industries by 2.7% in the first quarter. Millennium Management LLC now owns 911,626 shares of the industrial products company’s stock valued at $10,876,000 after acquiring an additional 23,866 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Myers Industries by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 320,996 shares of the industrial products company’s stock valued at $3,829,000 after acquiring an additional 34,787 shares during the period. 90.82% of the stock is owned by institutional investors.

Trending Headlines about Myers Industries

Here are the key news stories impacting Myers Industries this week:

• Positive Sentiment: Earnings and revenue beat — Myers reported Q4 EPS of $0.31 versus the $0.23 consensus and revenue of $203.97M versus ~$202.6M, a clear beat that supports earnings momentum. Business Wire: Q4 & Full Year Results
• Positive Sentiment: Margin expansion and stronger full‑year results — Analyst/market summaries highlight margin improvement and a stronger 2025 performance, which can support higher profitability going forward. TipRanks: Margin Expansion
• Neutral Sentiment: Management commentary and details available — The earnings call transcript and investor slide deck are published (useful for digging into segment trends, guidance and inventory/working-capital comments), but they don’t radically change the beat/raise narrative on their own. Seeking Alpha: Q4 2025 Transcript
• Negative Sentiment: Mixed market reaction and low trading volume — Some coverage noted the stock initially edged up after results, but today shares are trading down; volume is light versus average, suggesting limited conviction and potential profit‑taking. Investing.com: Beats, Stock Edges Up
• Negative Sentiment: Valuation and technicals may cap near-term upside — MYE trades at a ~29.8 P/E, has debt on the balance sheet (D/E ~1.18) and is near its 12‑month high; those factors combined with today’s pullback could limit immediate rally potential. (See company financial/market profile for details.)

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.