Keybanc Rates Myers Industries (MYE) buy, $37 Price Target

Keybanc maintains its buy rating on Myers Industries with a new price target, a 4.79% upside from the current price.

By TradeTexts Research Desk · Published Jul 1, 2026, 3:02 AM EDT · Updated Jul 1, 2026, 3:01 PM EDT

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Keybanc rated Myers Industries, Inc. ($MYE) "buy" with a $37 price target on June 30, 2026.

Since the rating, $MYE is down 14.4% after 1 week, down 6.6% after 1 month and down 11.0% to date (from the $35.16 close on Jun 30, 2026).

MYE Myers Industries, Inc.

$31.30 +70.85% year to date

Daily close · Oct 16, 2026

Key Points

Keybanc reiterated its buy rating for Myers Industries, Inc. (MYE) on June 30, 2026, with a price target of $37.
Keybanc's $37 price target implies 4.79% upside from Myers Industries, Inc.'s ($MYE) current $35.31 share price.
Shares of NYSE:MYE traded near $30.86 on Wednesday, with a market cap of approximately $1.33 billion.
Notable institutional moves include Capital World Investors increasing its stake by 475.8%.

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On June 30, 2026, Keybanc reiterated its buy rating for Myers Industries, Inc. (NYSE:MYE), setting a price target of $37. This update came from analyst Steve Barger and suggests confidence in the company's future performance. Shares of Myers Industries traded near $30.86 on Wednesday.

Analyst rating track record

Keybanc vs. the S&P 500

YTD return +48.66% hypothetical

All-time return +76.18% S&P 500 +32.09%

vs. S&P 500 +44.09% ahead of the index

Hypothetical returns from Keybanc's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Myers Industries

Several institutional investors have recently adjusted their positions in Myers Industries. Capital World Investors significantly boosted its holdings by 1,441,256 shares, resulting in a 475.8% increase, bringing its total to 1,744,184 shares valued at approximately $36.9 million. Conversely, GAMCO Investors, Inc. reduced its stake by 69,636 shares, leaving it with 3,429,720 shares worth about $72.6 million. BlackRock, Inc. also trimmed its position by 15,668 shares, resulting in 2,741,640 shares valued at around $58.1 million. Meanwhile, Vanguard Capital Management LLC opened a new position with 1,628,464 shares, valued at $34.5 million.

Myers Industries, Inc. Stock Up 14.0%

Shares of Myers Industries, Inc. (NYSE:MYE) traded near $30.86 on Wednesday. The company has a market cap of approximately $1.33 billion and a P/E ratio of 31.8. Its forward P/E is 18.9, and it has a beta of 0.998, indicating moderate volatility. The stock's 52-week range is between $12.96 and $35.74, with a 50-day moving average of $23.73 and a 200-day moving average of $20.37. Myers Industries maintains a current ratio of 1.65 and a quick ratio of 0.88, with a debt-to-equity ratio of 126.1.

12-month forecast

$MYE price target

Myers Industries, Inc. daily closes and this analyst's $37 target. Not advice.

Recent Earnings

Myers Industries reported revenue of $828.7 million, reflecting a growth rate of 1.8%. The company achieved an EPS of $1.11, with a net margin of 3.2% and a return on equity of 14.7%. The next earnings report is expected on August 6, 2026.

Dividend

Myers Industries offers an annual dividend rate of $0.54, yielding 1.53% based on the current stock price. The dividend payout ratio stands at 48.7%.

Insider Buying and Selling at Myers Industries, Inc.

On May 8, 2026, several insiders, including Ronald DeFeo and Yvette Dapremont Bright, each bought 5,135 shares of Myers Industries. These transactions were not part of a pre-planned trading program and did not involve any purchase price.

Analysts Set New Price Targets

Keybanc maintained its buy rating on Myers Industries and set a price target of $37 on June 30, 2026. The consensus among analysts is a target mean price of $26, based on one opinion.

About Myers Industries

Myers Industries, Inc. is a consumer cyclical company based in Akron, Ohio. It operates in the packaging and containers industry, distributing tire service supplies and manufacturing plastic, metal, and rubber products. The company serves diverse markets, including manufacturing, automotive, healthcare, and consumer products. Myers Industries was founded in 1933 and employs about 2,200 people. Its CEO is Aaron M. Schapper.

Bottom Line

Keybanc's reiterated buy rating and raised price target for Myers Industries underscore the analyst's confidence in the company's potential. Investors often track such updates for insights into a company's prospects. It's important to remember that analyst ratings are based on past performance and expectations, and not a guarantee of future results.