Myers Industries Ownership

MYE Stock  USD 11.23  0.47  4.02%   
Myers Industries maintains a total of 37.26 Million outstanding shares. The majority of Myers Industries outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Myers Industries to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Myers Industries. Please pay attention to any change in the institutional holdings of Myers Industries as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
1985-09-30
Previous Quarter
37.3 M
Current Value
37.2 M
Avarage Shares Outstanding
33.7 M
Quarterly Volatility
3.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Myers Industries in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Myers Industries, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividend Payout Ratio is expected to grow to 0.43, whereas Dividends Paid is forecasted to decline to about 12.7 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 72.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 36.7 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

Myers Stock Ownership Analysis

About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Myers Industries last dividend was issued on the 3rd of December 2024. The entity had 11:10 split on the 11th of August 2004. Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company was founded in 1933 and is headquartered in Akron, Ohio. Myers Industries operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 2725 people. To find out more about Myers Industries contact Andrean Horton at 330 253 5592 or learn more at https://www.myersindustries.com.
Besides selling stocks to institutional investors, Myers Industries also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Myers Industries' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Myers Industries' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Myers Industries Quarterly Liabilities And Stockholders Equity

905 Million

Myers Industries Insider Trades History

Only 1.7% of Myers Industries are currently held by insiders. Unlike Myers Industries' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Myers Industries' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Myers Industries' insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Myers Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Myers Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Myers Industries backward and forwards among themselves. Myers Industries' institutional investor refers to the entity that pools money to purchase Myers Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-06-30
821.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
737.1 K
Bank Of New York Mellon Corp2024-06-30
494 K
American Century Companies Inc2024-09-30
472 K
Charles Schwab Investment Management Inc2024-09-30
445.5 K
Teton Advisors Inc2024-09-30
415 K
Hotchkis & Wiley Capital Management Llc2024-06-30
389.6 K
Northern Trust Corp2024-09-30
373.9 K
Wellington Management Company Llp2024-06-30
316.3 K
Blackrock Inc2024-06-30
5.7 M
Gamco Investors, Inc. Et Al2024-06-30
3.3 M
Note, although Myers Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Myers Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Myers Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Myers Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Myers Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Myers Industries Outstanding Bonds

Myers Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Myers Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Myers bonds can be classified according to their maturity, which is the date when Myers Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Myers Industries Corporate Filings

8K
22nd of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
F3
30th of September 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
F4
24th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

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When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.54
Earnings Share
0.42
Revenue Per Share
22.234
Quarterly Revenue Growth
0.037
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.