NASDAQ:MEOH Methanex (MEOH) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free MEOH Stock Alerts $44.63 -0.38 (-0.84%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$44.31▼$45.0050-Day Range$41.61▼$47.0552-Week Range$38.18▼$49.48Volume367,770 shsAverage Volume234,578 shsMarket Capitalization$3.01 billionP/E Ratio18.14Dividend Yield1.66%Price Target$53.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside19.9% Upside$53.50 Price TargetShort InterestBearish2.01% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth100.89%From $2.24 to $4.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.21 out of 5 starsBasic Materials Sector35th out of 171 stocksIndustrial Organic Chemicals Industry4th out of 19 stocks 3.3 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.50, Methanex has a forecasted upside of 19.9% from its current price of $44.63.Amount of Analyst CoverageMethanex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.01% of the float of Methanex has been sold short.Short Interest Ratio / Days to CoverMethanex has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Methanex has recently increased by 3.88%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Methanex is 30.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Methanex will have a dividend payout ratio of 16.44% next year. This indicates that Methanex will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEOH. Previous Next 3.1 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Methanex this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for MEOH on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows3 people have added Methanex to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Methanex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Methanex is held by insiders.Percentage Held by Institutions73.49% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Methanex are expected to grow by 100.89% in the coming year, from $2.24 to $4.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 18.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 18.14, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.65.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWarning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. 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The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.Read More MEOH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEOH Stock News HeadlinesMarch 28, 2024 | finance.yahoo.comMEOH: Raising target price to $47.00March 20, 2024 | americanbankingnews.comMethanex Co. (NASDAQ:MEOH) Receives Consensus Rating of "Moderate Buy" from BrokeragesMarch 29, 2024 | DTI (Ad)Warning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…March 15, 2024 | finance.yahoo.comMEOH Oct 2024 45.000 putMarch 15, 2024 | finance.yahoo.comMEOH Apr 2024 50.000 putMarch 12, 2024 | finance.yahoo.comSustainability in the Maritime Market Size & TrendsMarch 8, 2024 | globenewswire.comMethanex Releases 2023 Sustainability ReportMarch 6, 2024 | finance.yahoo.comDOW Apr 2024 64.000 callMarch 29, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. 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And as we speak, some are even calling for a massive rally in the precious metal.March 4, 2024 | markets.businessinsider.comScotiabank Reaffirms Their Buy Rating on Methanex (MEOH)March 4, 2024 | markets.businessinsider.comMethanex (MEOH) Receives a Buy from BarclaysMarch 3, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methanex Corporation - MEOHMarch 1, 2024 | finance.yahoo.comDOW Mar 2024 45.000 putFebruary 28, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methanex Corporation - MEOHFebruary 27, 2024 | msn.comSHAREHOLDER ALERT: Potential Recovery for Methanex Corporation (MEOH) InvestorsFebruary 26, 2024 | businesswire.comMethanex Corporation (MEOH) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsFebruary 22, 2024 | businesswire.comKirby McInerney LLP Announces Investigation of Shareholder Claims Against Methanex Corp. (MEOH)February 21, 2024 | theglobeandmail.comMethanex isn’t Canada’s biggest company, but it’s a true global championFebruary 21, 2024 | finance.yahoo.comMethanex (MEOH) Offers Updates on Geismar G3 Methanol PlantFebruary 21, 2024 | msn.comS&P/TSX composite edges higher, U.S. stock markets down after holiday MondayFebruary 20, 2024 | globenewswire.comMethanex Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaFebruary 12, 2024 | markets.businessinsider.comMethanex (MEOH) Gets a Buy from BarclaysFebruary 6, 2024 | seekingalpha.comMethanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive OutlookFebruary 2, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Methanex (MEOH) and Corteva (CTVA)February 2, 2024 | markets.businessinsider.comMethanex Poised for Growth: Buy Rating Affirmed Amidst Strong Cash Flow and Marine Fuel Market PotentialFebruary 2, 2024 | finance.yahoo.comMethanex Corporation (NASDAQ:MEOH) Q4 2023 Earnings Call TranscriptFebruary 1, 2024 | finanznachrichten.deMethanex Corporation: Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up ProcessSee More Headlines Receive MEOH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Methanex and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/31/2024Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Today3/29/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial organic chemicals Sub-IndustryN/A Current SymbolNASDAQ:MEOH CUSIPN/A CIK886977 Webwww.methanex.com Phone(604) 661-2600Fax604-661-2676Employees1,451Year Founded1968Price Target and Rating Average Stock Price Target$53.50 High Stock Price Target$62.00 Low Stock Price Target$45.00 Potential Upside/Downside+19.9%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.46 Trailing P/E Ratio18.14 Forward P/E Ratio19.92 P/E GrowthN/ANet Income$174.14 million Net Margins4.67% Pretax Margin7.67% Return on Equity6.71% Return on Assets2.36% Debt Debt-to-Equity Ratio0.84 Current Ratio1.14 Quick Ratio0.81 Sales & Book Value Annual Sales$3.72 billion Price / Sales0.81 Cash Flow$8.13 per share Price / Cash Flow5.49 Book Value$32.25 per share Price / Book1.38Miscellaneous Outstanding Shares67,390,000Free Float66,713,000Market Cap$3.01 billion OptionableOptionable Beta1.51 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Richard W. Sumner (Age 49)President, CEO & Director Comp: $1.01MMr. Dean RichardsonSenior VP of Finance & Chief Financial OfficerSarah HerriottDirector of Investor RelationsMr. Kevin PriceSenior VP, General Counsel & Corporate SecretaryMr. Kevin M. MaloneySenior Vice President of Corporate DevelopmentMs. Karine DelbarreSenior Vice President of Global Marketing & LogisticsMr. Bradley W. BoydSenior Vice President of Corporate ResourcesMark AllardSenior Vice President of Low Carbon SolutionsMr. Gustavo ParraSenior Vice President of ManufacturingRawle RamlochanPlant ManagerMore ExecutivesKey CompetitorsRenewable Energy GroupNASDAQ:REGISensient TechnologiesNYSE:SXTGreen PlainsNASDAQ:GPREWestlake Chemical PartnersNYSE:WLKPCodexisNASDAQ:CDXSView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 425,104 shares on 3/11/2024Ownership: 3.627%Wellington Management Group LLPBought 599,778 shares on 3/5/2024Ownership: 6.762%Goldman Sachs Group Inc.Bought 118,920 shares on 3/1/2024Ownership: 0.333%FIL LtdBought 346,475 shares on 2/17/2024Ownership: 10.975%Numerai GP LLCSold 391 shares on 2/15/2024Ownership: 0.007%View All Institutional Transactions MEOH Stock Analysis - Frequently Asked Questions Should I buy or sell Methanex stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MEOH shares. View MEOH analyst ratings or view top-rated stocks. What is Methanex's stock price target for 2024? 7 analysts have issued 12 month target prices for Methanex's stock. Their MEOH share price targets range from $45.00 to $62.00. On average, they expect the company's share price to reach $53.50 in the next year. This suggests a possible upside of 19.9% from the stock's current price. View analysts price targets for MEOH or view top-rated stocks among Wall Street analysts. How have MEOH shares performed in 2024? Methanex's stock was trading at $47.36 at the start of the year. Since then, MEOH shares have decreased by 5.8% and is now trading at $44.63. View the best growth stocks for 2024 here. When is Methanex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our MEOH earnings forecast. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) issued its earnings results on Wednesday, January, 31st. The specialty chemicals company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.24. The specialty chemicals company had revenue of $922 million for the quarter, compared to analysts' expectations of $901.21 million. Methanex had a trailing twelve-month return on equity of 6.71% and a net margin of 4.67%. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, March 14th will be given a dividend of $0.185 per share on Thursday, March 28th. This represents a $0.74 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend is Wednesday, March 13th. Read our dividend analysis for MEOH. Is Methanex a good dividend stock? Methanex (NASDAQ:MEOH) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.64%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 16.44% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MEOH. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), AT&T (T), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and NIC (EGOV). Who are Methanex's major shareholders? Methanex's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include M&G Investment Management Ltd. (19.46%), FIL Ltd (10.98%), Wellington Management Group LLP (6.76%), Vanguard Group Inc. (3.63%), Vanguard Group Inc. (3.63%) and Royal Bank of Canada (1.72%). How do I buy shares of Methanex? Shares of MEOH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MEOH) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Methanex Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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