Myers Industries Inc

Myers Industries Inc

Myers Industries Inc (MYE) is a US-based manufacturer of polymer and plastic products used across material handling, outdoor consumer and industrial markets. Its range includes rotationally‑moulded containers, carts, pallets, floor mats and other storage and transport solutions distributed through dealers, retailers and OEM partners. With a market capitalisation around $629.2m, the company competes on manufacturing scale, distribution reach and product design in cost-sensitive end markets. Growth drivers can include replacement cycles, demand from e‑commerce and logistics, product innovation and targeted margin improvements. Key risks are exposure to volatile resin and commodity costs, cyclical demand in sectors such as automotive and outdoor power equipment, and supply‑chain disruptions that can affect production and delivery. The company has historically used cash for operations, capital expenditure and occasional shareholder returns, but investors should review the latest financials for current policy. This is educational information only and not investment advice; values can rise or fall and past performance is not a reliable guide.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Myers Industries' stock with a target price of $30, indicating significant growth potential.

Above Average

Financial Health

Myers Industries is performing well with solid revenue and cash flow, indicating healthy operations.

Average

Dividend

Myers Industries Inc offers a dividend yield of 3.28%, which is decent for investors seeking income. If you invested $1000 you would be paid $32.80 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring MYE

Fortified Supply Chain

Fortified Supply Chain

These carefully selected companies build resilience by keeping their operations close to home. Professional analysts have identified these businesses for their secure supply lines, which create a competitive advantage and protect against global disruptions.

Published: June 17, 2025

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Why You’ll Want to Watch This Stock

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Demand from distributors

Stable orders from distributors and retailers can support revenues, though sales are cyclical and can be affected by broader economic swings.

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Manufacturing advantages

Scale in rotational moulding and logistics can help margins, but raw‑material price volatility and supply delays may reduce profitability.

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Diverse end markets

Exposure to automotive, outdoor and industrial markets offers diversification, yet these sectors can move in step with the economic cycle.

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