Analyst Activity – FBR & Co Initiates Coverage On Methode Electronics (NYSE:MEI) With a Outperform

ME Staff
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Analyst Ratings For Methode Electronics (NYSE:MEI)

Today, FBR & Co initiated coverage on Methode Electronics (NYSE:MEI) with a Outperform with a price target of $49.00.

There are 1 hold rating, 3 buy ratings on the stock.

The current consensus rating on Methode Electronics (NYSE:MEI) is Buy (Score: 2.75) with a consensus target price of $45.50 per share, a potential 12.62% upside.

Some recent analyst ratings include

  • 7/18/2017-FBR & Co initiated coverage with a Outperform rating.
  • 6/28/2017-B. Riley Reiterated Rating of Buy.
  • 6/19/2017-Robert W. Baird Reiterated Rating of Outperform.
  • 9/2/2016-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating. They now have a $37.00 price target on the stock.
  • 1/6/2016-TD Securities was Downgraded by analysts at TD Securities from a “Hold ” rating to a ” Reduce” rating. They now have a C$0.10 price target on the stock, up previously from C$0.20 .

Dividend information for Methode Electronics (NYSE:MEI)

Methode Electronics (NYSE:MEI) pays an annual dividend of Community Ranking: with a yield of 0.89% and an average dividend growth of 19.70% based on a 3 Year Average.

Dividend History for Methode Electronics (NYSE:MEI)

  • On 6/16/2017 Methode Electronics announced a quarterly dividend of $0.09 0.88% with an ex dividend date of 7/12/2017 which will be payable on 7/28/2017.
  • On 3/17/2017 Methode Electronics announced a quarterly dividend of $0.09 0.78% with an ex dividend date of 4/11/2017 which will be payable on 4/28/2017.
  • On 12/16/2016 Methode Electronics announced a quarterly dividend of $0.09 0.86% with an ex dividend date of 1/11/2017 which will be payable on 1/27/2017.
  • On 9/20/2016 Methode Electronics announced a quarterly dividend of $0.09 1.05% with an ex dividend date of 10/12/2016 which will be payable on 10/28/2016.
  • On 6/16/2016 Methode Electronics announced a Quarterly dividend of $0.09 with an ex dividend date of 7/13/2016 which will be payable on 7/29/2016.
  • On 3/21/2016 Methode Electronics announced a quarterly dividend of $0.09 1.23% with an ex dividend date of 4/13/2016 which will be payable on 4/29/2016.
  • On 12/24/2015 Methode Electronics announced a Quarterly dividend of $0.09 with an ex dividend date of 1/13/2016 which will be payable on 1/29/2016.

Recent Insider Trading Activity For Methode Electronics (NYSE:MEI)
Methode Electronics (NYSE:MEI) has insider ownership of 5.80% and institutional ownership of 89.26%.

  • On 12/20/2016 Lawrence B Skatoff, Director, sold 3,000 with an average share price of $42.83 per share and the total transaction amounting to $128,490.00. View SEC Filing
  • On 12/19/2016 Christopher J Hornung, Director, sold 100,000 with an average share price of $42.32 per share and the total transaction amounting to $4,232,000.00. View SEC Filing
  • On 12/12/2016 Joseph Elias Khoury, VP, sold 16,000 with an average share price of $42.02 per share and the total transaction amounting to $672,320.00. View SEC Filing
  • On 12/8/2016 Paul G Shelton, Director, sold 4,000 with an average share price of $40.74 per share and the total transaction amounting to $162,960.00. View SEC Filing
  • On 11/25/2016 Paul G Shelton, Director, sold 1,000 with an average share price of $38.01 per share and the total transaction amounting to $38,010.00. View SEC Filing
  • On 9/27/2016 Timothy Glandon, VP, sold 39,183 with an average share price of $35.02 per share and the total transaction amounting to $1,372,188.66. View SEC Filing
  • On 9/23/2016 Lawrence B Skatoff, Director, sold 500 with an average share price of $34.92 per share and the total transaction amounting to $17,460.00. View SEC Filing

Recent Trading Activity for Methode Electronics (NYSE:MEI)
Shares of Methode Electronics closed the previous trading session at 40.40 0.00 0.00% with 365,623 shares trading hands.