Methode Electronics Daily News Today

Methode Electronics, Inc. (NYSE:MEI – Get Free Report) declared a quarterly dividend on Thursday, June 13th, NASDAQ reports. Stockholders of record on Friday, July 12th will be given a dividend of 0.14 per share by the electronics maker on Friday, July 26th. This represents a $0.56 annualized dividend and a dividend yield of 5.89%. The […]

Methode Electronics, Inc. (NYSE:MEI – Get Free Report) declared a quarterly dividend on Thursday, June 13th, NASDAQ reports. Stockholders of record on Friday, July 12th will be given a dividend of 0.14 per share by the electronics maker on Friday, July 26th. This represents a $0.56 annualized dividend and a dividend yield of 5.89%. The […]

Jefferies Financial Group began coverage on shares of Methode Electronics (NYSE:MEI – Free Report) in a report published on Tuesday morning, Marketbeat.com reports. The brokerage issued a hold rating and a $12.00 target price on the electronics maker’s stock. Separately, Sidoti reissued a neutral rating and set a $17.00 price target on shares of Methode […]

Sidoti reissued their neutral rating on shares of Methode Electronics (NYSE:MEI – Free Report) in a research report sent to investors on Thursday, MarketBeat Ratings reports. They currently have a $17.00 price target on the electronics maker’s stock. Separately, StockNews.com lowered Methode Electronics from a hold rating to a sell rating in a research report […]

Numerai GP LLC bought a new position in shares of Methode Electronics, Inc. (NYSE:MEI – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 197,250 shares of the electronics maker’s stock, valued at approximately $4,507,000. Methode Electronics comprises 1.5% of Numerai GP LLC’s investment portfolio, making the stock its 11th biggest […]

Numerai GP LLC acquired a new position in Methode Electronics, Inc. (NYSE:MEI – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 197,250 shares of the electronics maker’s stock, valued at approximately $4,507,000. Methode Electronics accounts for approximately […]

Methode Electronics, Inc. (NYSE:MEI – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $20.00 and last traded at $20.00, with a volume of 158507 shares changing hands. The stock had previously closed at $21.82. Analyst Ratings Changes Separately, StockNews.com cut shares […]

Bank of New York Mellon Corp reduced its stake in Methode Electronics, Inc. (NYSE:MEI – Free Report) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 402,740 shares of the electronics maker’s stock after selling 16,405 shares during the period. Bank of […]

Methode Electronics (NYSE:MEI – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided EPS guidance of 0.240-0.500 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. […]

Methode Electronics (NYSE:MEI – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday. Separately, Robert W. Baird decreased their price objective on shares of Methode Electronics from $38.00 to $27.00 in a research report on Friday, September 8th. Read Our Latest […]