founded in 1933 in akron, ohio, myers industries is a leading manufacturer of polymer products for material handling and a distributor of tire retread and repair products, serving growing markets from agricultural to medical and automotive to commercial. the company’s diversified portfolio of branded products fall under 2 key segments: material handling: the industry’s most recognized brands for reusable boxes, bins, and pallets to replace cardboard and other disposable packaging, reducing waste and cost. the industry’s leading oem supplier of fuel, waste, and water tanks, and portable fuel containers for marine, rv, and military applications. plastic reusable bulk boxes and pallets plastic storage bins and systems metal shelving systems fuel tanks and portable fuel containers water tanks military containers key markets agriculture food and beverage industrial, retail, and consumer distribution healthcare manufacturing marine and recreational vehicle distribution: north america’s large
Company profile
Ticker
MYE
Exchange
Website
CEO
Michael McGaugh
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MYERS TIRE SUPPLY CO
SEC CIK
Corporate docs
Subsidiaries
of Myers Industries, Inc. • North, Central and South America Operations • Ameri-Kart Corp. • Ameri-Kart (MI) Corp. • Buckhorn Inc. • - Buckhorn Services, Inc. • DSS Direct, Inc. • Elkhart Plastics LLC • Erie Island LLC • Jamco Products Inc. ...
IRS number
340778636
MYE stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
25 Apr 24
8-K/A
Consolidated Financial Report
19 Apr 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
8-K
Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook
18 Mar 24
ARS
2023 FY
Annual report to shareholders
18 Mar 24
DEF 14A
Definitive proxy
18 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Myers Industries Announces Fourth Quarter and Full Year 2023 Results
5 Mar 24
8-K
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
1 Mar 24
8-K
Entry into a Material Definitive Agreement
9 Feb 24
Transcripts
MYE
Earnings call transcript
2023 Q4
5 Mar 24
MYE
Earnings call transcript
2023 Q3
1 Nov 23
MYE
Earnings call transcript
2023 Q2
3 Aug 23
MYE
Earnings call transcript
2023 Q1
4 May 23
MYE
Earnings call transcript
2022 Q4
1 Mar 23
MYE
Earnings call transcript
2022 Q3
27 Oct 22
MYE
Earnings call transcript
2022 Q2
2 Aug 22
MYE
Earnings call transcript
2022 Q1
7 May 22
MYE
Earnings call transcript
2021 Q4
10 Mar 22
MYE
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
11-K
Annual report of employee stock purchases
28 Mar 24
4
Jim Gurnee
19 Mar 24
4
Michael McGaugh
19 Mar 24
4
Jeffrey Jon Baker
19 Mar 24
4
Jim Gurnee
12 Mar 24
4
Jeffrey Jon Baker
12 Mar 24
4
Fitz E Grant
12 Mar 24
4
Michael McGaugh
12 Mar 24
SC 13G/A
T. Rowe Price Investment Management, Inc.
16 Feb 24
SC 13G/A
T. Rowe Price Investment Management, Inc.
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 24.77 mm | 24.77 mm | 24.77 mm | 24.77 mm | 24.77 mm | 24.77 mm |
Cash burn (monthly) | 1.97 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.64 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 11.13 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 5.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
88.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 143 |
Opened positions | 18 |
Closed positions | 11 |
Increased positions | 46 |
Reduced positions | 52 |
13F shares | Current |
---|---|
Total value | 573.45 bn |
Total shares | 32.74 mm |
Total puts | 1.50 k |
Total calls | 10.30 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.60 mm | $100.43 bn |
Gamco Investors | 3.18 mm | $56.94 bn |
T. Rowe Price Investment Management | 2.80 mm | $50.21 bn |
Vanguard | 2.58 mm | $46.33 bn |
Allspring Global Investments | 2.15 mm | $38.51 bn |
William Blair Investment Management | 1.65 mm | $29.64 bn |
Dimensional Fund Advisors | 1.56 mm | $27.88 bn |
Gabelli Funds | 1.52 mm | $27.22 bn |
STT State Street | 1.26 mm | $22.80 bn |
Renaissance Technologies | 1.25 mm | $22.41 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Mar 24 | Jim Gurnee | Common Stock | Payment of exercise | Dispose F | No | No | 20.84 | 425 | 8.86 k | 17,807 |
16 Mar 24 | Jim Gurnee | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,532 | 0.00 | 18,232 |
16 Mar 24 | Jim Gurnee | Common Stock | Payment of exercise | Dispose F | No | No | 20.84 | 455 | 9.48 k | 16,700 |
16 Mar 24 | Jim Gurnee | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,641 | 0.00 | 17,155 |
16 Mar 24 | Jim Gurnee | Common Stock | Payment of exercise | Dispose F | No | No | 20.84 | 2,103 | 43.83 k | 15,514 |
16 Mar 24 | Jim Gurnee | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,589 | 0.00 | 17,617 |
16 Mar 24 | Jim Gurnee | Common Stock | Payment of exercise | Dispose F | No | No | 20.84 | 293 | 6.11 k | 10,028 |
16 Mar 24 | Jim Gurnee | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,055 | 0.00 | 10,321 |
16 Mar 24 | Jim Gurnee | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,532 | 0.00 | 3,065 |
16 Mar 24 | Jim Gurnee | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,641 | 0.00 | 1,642 |
Press releases
Scepter Simplifies Refueling with the Flip of a Switch
19 Apr 24
Myers Industries Announces Reporting Date and Conference Call for 2024 First Quarter Results
17 Apr 24
Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook
18 Mar 24
Myers Industries Announces Fourth Quarter and Full Year 2023 Results
5 Mar 24
Myers Industries Announces Quarterly Dividend
1 Mar 24