# Methode Electronics, Inc. (MEI)

> Source: Nexqual · https://nexqual.com/MEI · data as of 2026-11-09 21:00 UTC · cite as "Nexqual, Methode Electronics, Inc. (MEI), nexqual.com/MEI" · informational, not investment advice.

## What changed for MEI since Aug 31, 2025
The built-in knowledge of several widely used AI models ends around Aug 31, 2025. Everything below is newer, dated and sourced (as of Nov 9, 2026).

- Methode Electronics, Inc. (MEI) stock went from USD 7.73 (close of the week of Aug 25, 2025, split-adjusted) to USD 12.13, a +56.9% price change (+61.3% including dividends); the S&P 500 (SPY) moved +18.3% over the same period.
- MEI revenue over the last four reported quarters (through Aug 1, 2026) was $1.04B, -0.4% vs $1.05B in fiscal year 2025 (ended May 3, 2025), the last full year filed before September 2025; net income -$62.6M → -$36.8M (SEC 10-K / 10-Q).

**Price:** USD 12.13 (+12.73% on the day) · last close of Nov 9, 2026; US market pre market, not a live price. Prev close 10.76 · day 10.97–12.44 · 52w 4.88–20.38 · market cap $432M · NYQ

## Key facts
- Last four reported quarters (through Aug 1, 2026): revenue $1.04B, net income -$36.8M (-3.5% margin), free cash flow -$13.3M (SEC filings).
- Analysts: Buy (mean 2.25 on a 1–5 scale) (4 analysts), mean target USD 22 (range 16–30).
- Total return with dividends: 1Y +83.5% vs S&P 500 +11.7%; 5Y -70.6% vs S&P 500 +72.2%.
- Next earnings: 2026-12-02 (date not yet confirmed by the company), EPS estimate USD -0.18, revenue estimate $258M. All companies reporting that day: https://nexqual.com/earnings/2026-12-02
- Dividend: USD 0.2 a year (yield 1.65%), paid quarterly; latest ex-dividend date 2026-10-16; annual dividends fell 10.6% a year 2022–2025.
- Short interest: 9.83% of float (as of 2026-10-15), 5.6 days to cover.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.18B | $1.11B | $1.05B | $1.02B | $1.04B |
| Gross profit | $265M | $264M | $179M | $163M | $202M | — |
| Operating income | $112M | $90.4M | -$112M | -$23.9M | $8.8M | $3.8M |
| Net income | $102M | $77.1M | -$123M | -$62.6M | -$35.7M | -$36.8M |
| EPS (diluted) | $2.70 | $2.10 | -$3.48 | -$1.77 | -$1.01 | — |
| Free cash flow | $60.8M | $90.8M | -$2.7M | -$15.2M | $15.6M | -$13.3M |
| Gross margin | 22.8% | 22.4% | 16.0% | 15.6% | 19.8% | — |
| Operating margin | 9.6% | 7.7% | -10.0% | -2.3% | 0.9% | 0.4% |
| Net margin | 8.8% | 6.5% | -11.1% | -6.0% | -3.5% | -3.5% |
| Revenue growth | +6.9% | +1.4% | -5.5% | -6.0% | -2.8% | — |
| Cash + short-term investments | $172M | $157M | $162M | $104M | $140M | — |
| Total debt | $211M | $307M | $331M | $318M | $325M | — |
Fiscal years end May. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Aug 1, 2026)
P/S 0.4x · EV/EBITDA 12.5x · EV/Sales 0.6x · P/B 0.7x · FCF yield -3.08% · Earnings yield -8.51% · Dividends paid in those quarters ÷ market cap 1.69% · Net debt $194M · EV $627M

## Analysts
Consensus Buy (mean 2.25 on a 1–5 scale), 4 analysts; mean target USD 22 (low 16, high 30).

## Total return (dividends reinvested)
|  | 1Y (from 2025-11-10) | 5Y (from 2021-11-08) |
|---|---|---|
| Total return | +83.5% | -70.6% |
| S&P 500 (SPY) | +11.7% | +72.2% |
| Per year | +83.8% | -21.7% |
| Volatility (annualized) | 101.8% | 68.7% |
| Max drawdown | -47.3% (Jun 2026→Nov 2026) | -88.6% (Jan 2023→Mar 2026) |

## Dividends
Annual dividend rate USD 0.20 per share, yield 1.65% at the current price. Paid over the last 12 months: USD 0.20 in 4 payments (quarterly).
Most recent ex-dividend date: Oct 16, 2026; payment date: Oct 30, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: cut 28.6% to USD 0.05 per payment from USD 0.07, starting with the Oct 29, 2025 ex-dividend date.
Payout ratio 36% of earnings · 5-year average yield 2.12% · annual dividends fell 10.6% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-10-16 | USD 0.05 |
| 2026-07-17 | USD 0.05 |
| 2026-04-17 | USD 0.05 |
| 2026-01-16 | USD 0.05 |
| 2025-10-29 | USD 0.05 |
| 2025-07-21 | USD 0.07 |
| 2025-04-17 | USD 0.14 |
| 2025-01-17 | USD 0.14 |
Total by calendar year: 2022 USD 0.56 · 2023 USD 0.56 · 2024 USD 0.56 · 2025 USD 0.40.

## Short interest
3,457,767 shares sold short, 9.83% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 3,171,340 shares (+9.0%). Days to cover: 5.6 (short shares ÷ average daily volume).

## Peers (Electronic Components)
LFUS (Littelfuse, Inc.) USD 385.63 +8.41% · OUST (Ouster, Inc.) USD 38.57 +10.85% · KN (Knowles Corporation) USD 33.03 +5.63% · BELFB (Bel Fuse Inc.) USD 224.35 +8.49% · OSIS (OSI Systems, Inc.) USD 201.36 +2.55% · VSH (Vishay Intertechnology, Inc.) USD 26.41 +13.45%

## More
Full page: https://nexqual.com/MEI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-10-31) | $-0.18 | $0.14 | −$0.32 | $257.7M | 3 |
| Next quarter (ends 2027-01-31) | $-0.14 | $-0.02 | −$0.12 | $246.4M | 3 |
| Current fiscal year (ends 2027-04-30) | $-0.44 | $0.15 | −$0.60 | $1.06B | 3 |
| Next fiscal year (ends 2028-04-30) | $0.41 | $0.70 | -41.4% | $1.12B | 3 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jul 31, 2026 | −$0.22 | −$0.20 | Miss −10.0% | — |
| — | Quarter ended Apr 30, 2026 | −$0.30 | −$0.21 | Miss −42.9% | — |
| — | Quarter ended Jan 31, 2026 | −$0.37 | −$0.20 | Miss −85.0% | — |
| — | Quarter ended Oct 31, 2025 | −$0.19 | −$0.19 | In line | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-23 | 8-K | Director or executive officer change, or pay arrangement — “On October 19, 2026, Stacie Schulz, Chief Accounting Officer and principal accounting officer of Methode Electronics, Inc. (the "Company"), informed the Company of her decision to resign as Chief Accounting Officer and principal accounting officer of the Company to pursue other opportunities, effective October 30, 2026 (the "Effective Date"). The resignation is not the result of any disagreement with the Company's independent auditors or any member of management on any matter of accounting principles or practices,…” | https://www.sec.gov/Archives/edgar/data/65270/000006527026000058/0000065270-26-000058-index.htm |
| 2026-10-19 | Schedule 13G | Orin Hirschman, AIGH Capital Management LLC: 5.6% of shares, passive 5%+ holder | https://www.sec.gov/Archives/edgar/data/65270/000149315226047548/0001493152-26-047548-index.htm |
| 2026-09-25 | 8-K | Director or executive officer change, or pay arrangement — “On September 22, 2026, the Compensation Committee (the "Committee") of the Board of Directors of Methode Electronics, Inc. ("Methode" or the "Company") awarded time-based restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs") to the Company's executive officers. The RSUs and PSUs were each awarded under the Methode Electronics, Inc. 2026 Omnibus Incentive Plan (the "2026 Plan"). Together, the RSUs and PSUs awarded to executive officers represent the Company's long-term incentive…” | https://www.sec.gov/Archives/edgar/data/65270/000006527026000056/0000065270-26-000056-index.htm |
| 2026-09-17 | 8-K | Director or executive officer change, or pay arrangement; Shareholder vote results — “2026 Omnibus Incentive Plan The annual meeting of the stockholders of Methode Electronics, Inc. ("Methode" or the "Company") was held on September 16, 2026 (the "Annual Meeting"). At the Annual Meeting, the Company's stockholders voted to approve the Methode Electronics, Inc. 2026 Omnibus Incentive Plan (the "2026 Plan"). A description of the terms and conditions of the 2026 Plan is set forth in "Proposal Two, Approval of the Methode Electronics, Inc. 2026 Omnibus Incentive Plan" in the Company's 2026 Proxy…” | https://www.sec.gov/Archives/edgar/data/65270/000006527026000052/0000065270-26-000052-index.htm |
| 2026-09-02 | 10-Q | Quarterly report · period ended Aug 1, 2026 | https://www.sec.gov/Archives/edgar/data/65270/000006527026000045/0000065270-26-000045-index.htm |
| 2026-09-02 | 8-K | Quarterly results | https://www.sec.gov/Archives/edgar/data/65270/000006527026000044/0000065270-26-000044-index.htm |
| 2026-07-31 | DEFA14A | Additional proxy material | https://www.sec.gov/Archives/edgar/data/65270/000114036126030318/0001140361-26-030318-index.htm |
| 2026-07-31 | DEF 14A | Proxy statement (pay, board, votes) · period ended Sep 16, 2026 | https://www.sec.gov/Archives/edgar/data/65270/000114036126030317/0001140361-26-030317-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.