MEI · NYSE · Hardware, Equipment & Parts

Methode Electronics (MEI)

Designs mechatronic components — lighting, switches, sensors and power distribution — for automotive and industrial OEMs.

$13.75
vs last close+0.35 (+2.61%)
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Methode Electronics, Inc.MEI
Information Technology

Designs and manufactures engineered electronic components — user-interface switches, sensor systems, LED lighting, and power-distribution products — sold mainly to automotive and industrial-equipment manufacturers. Sales are concentrated in the vehicle-electrification shift, which built its lighting business through acquisitions and later drove a stretch of operational and leadership turmoil.

Engineers and manufactures user-interface switches, sensor systems, LED lighting, and power-distribution hardware for vehicle and industrial-equipment builders. Automotive and industrial customers make up most of sales, spanning passenger and commercial vehicles, off-road equipment, and safety-control products such as radio remote controls.

Lighting became the largest product line through acquisitions covering automotive, commercial-vehicle, and off-road LED systems, layered onto a switch-and-sensor business that traces back to the founding in 1946.

Operations span more than a dozen countries across North America, Europe, the Middle East, and Asia, including manufacturing in Mexico serving vehicle assembly plants.

Demand tracks automotive production and the pace of vehicle electrification; a stretch of operational and accounting problems tied to that transition preceded a change in leadership that took hold in 2024.

Company facts

CEOJonathan B. DeGaynor
ListedOct 19, 1982
ExchangeNYSE
HeadquartersSouthfield, MI
CountryUnited States
Employees6,500
CIK0000065270
ISINUS5915202007

Market cap$475.3M
EPS (ttm)−$1.04
P/E (ttm)−12.90
ROE-5.5%
P/B0.7168
P/S0.4552
Dividend yieldDiv yield1.49%
Beta2.43vs XLK 1.25

Price target$27.50+105.2%Average of 6 analysts
ConsensusHold4 of 6 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 25, 2026Industrial Alliance SecuritiesTarget
Target:
Target: $30
Aug 25, 2026Craig-HallumInitiate
Rating: Target:
Rating: BuyTarget: $30
Jun 29, 2026BarringtonTarget
Target:
Target: $25
Jun 29, 2026Barrington ResearchUpgrade
Rating: Market Perform
Rating: Outperform
Jun 26, 2026Robert W. BairdTarget
Target: $8.50
Target: $16

Next report
Dec 2, 26
in 71 days
EPS estimate
−$0.23
Revenue estimate
$257.7M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Mar '25Jul '25Sep '25Dec '25Mar '26Jun '26Sep '26Dec '26
Reported−$0.41−$0.80−$0.29−$0.28−$0.45$0.01−$0.32Pending
Estimate−$0.11$0.03−$0.35−$0.30−$0.26−$0.11−$0.27−$0.23
Surprise−272.7%−2,766.7%+16.3%+6.7%−73.1%+109.1%−18.5%

RevenueReportedEstimate

Mar '25Jul '25Sep '25Dec '25Mar '26Jun '26Sep '26Dec '26
Reported$239.9M$257.1M$240.5M$246.9M$233.7M$298.1M$265.4MPending
Estimate$263.4M$232.9M$219.7M$236.1M$219.5M$238.5M$238.3M$257.7M
Surprise−8.9%+10.4%+9.5%+4.6%+6.5%+25.0%+11.4%
Estimate−$0.23
ReportedDue Dec 2, 2026
Estimate$257.7M
ReportedDue Dec 2, 2026
View details

Debt to equity50.20%
Current ratio241.20%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$292.6M$239.9M$257.1M$240.5M$246.9M$233.7M$298.1M$265.4M
Net income−$1.6M−$14.4M−$28.3M−$10.3M−$9.9M−$15.9M$400.0K−$11.4M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.1%0.0%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$9.4M−$2.2M−$23.6M$1.1M$2.9M−$5.7M$10.9M−$3.3M
YoY growthTurned profitLoss narrowedLoss narrowedTurned profit−69.1%Loss widenedTurned profitTurned loss

Balance sheet, Aug 1, 2026Cash & short-term investments $116.2M · Total debt $333.2M · Total assets $1.26B · Shareholders' equity $663.1M

Revenue
$265.4M
Operating income
−$3.3M
Net income
−$11.4M
View details

Dividend yield
1.49%
Next ex-date
Oct 16, 26
in 24 days
Annual dividend
$0.20
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Dividend$0.14$0.14$0.07$0.05$0.05$0.05$0.05$0.05
Annual yield4.72%9.84%7.31%5.84%4.13%3.06%1.33%1.45%
Ex-dateJan 17Apr 17Jul 21Oct 29Jan 16Apr 17Jul 17Oct 16
Payment dateJan 31May 2Aug 1Oct 31Jan 30May 1Jul 31Oct 30
View details

Institutions97.98%34.93M shares
161 holders · as of Jun 30, 2026
Insiders2.49%886.2K shares
11 holders · as of Sep 14, 2026
Adds to100.47%

35.65M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 100.47%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.72%3.46Mas of Jun 30, 2026
T. Rowe Price Investment Management, Inc.Institution
6.67%2.38Mas of Jun 30, 2026
Ameriprise Financial IncInstitution
5.25%1.87Mas of Jun 30, 2026
Aigh Capital Management LLCInstitution
4.71%1.68Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.22%1.51Mas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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Compare

CompanyPriceChange
Methode Electronics$13.75+2.61%$475.3M0.5+10.4%
TE Connectivity$209.61−0.19%$60.89B20.616.73.2+13.8%
Amphenol$81.72+1.24%$199.05B40.427.86.9+55.0%
Sensata Technologies$42.36+1.24%$6.09B67.510.81.6+5.1%
Stoneridge$7.26+2.11%$200.8M40.30.3−20.4%
Littelfuse$415.55+1.47%$10.40B22.04.0+20.4%
nVent Electric$162.84+2.13%$25.78B43.728.15.3+52.8%
Vicor$254.94+13.86%$10.15B71.853.421.4+49.3%
Bel Fuse Class B$244.49+0.42%$2.95B60.923.54.0+25.2%
Median52.325.64.0+22.8%