Methanex Corporation (NASDAQ:MEOH) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analyst sentiment is mixed but cautious: Methanex has an average brokerage rating of “Hold” from 11 analysts, with five buy ratings, five hold ratings, and one sell rating. The consensus 12-month price target is about $68.78.
• Recent earnings fell short of expectations: The company reported $0.30 EPS versus the $0.38 estimate, and revenue of $957.4 million was slightly below forecasts. Even so, revenue still rose 8.7% year over year.
• Methanex announced a quarterly dividend: The board declared a $0.185 per share dividend, payable September 30, which works out to an annualized yield of about 1.4%.

Shares of Methanex Corporation (NASDAQ:MEOH - Get Free Report) TSE: MX have earned an average recommendation of "Hold" from the eleven analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $68.7778.

A number of research analysts recently commented on the company. UBS Group increased their price target on Methanex from $70.00 to $75.00 and gave the company a "buy" rating in a report on Friday, May 1st. Wall Street Zen downgraded Methanex from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. Raymond James Financial raised their target price on Methanex from $52.00 to $65.00 and gave the company a "market perform" rating in a research note on Thursday, April 16th. Zacks Research downgraded shares of Methanex from a "strong-buy" rating to a "hold" rating in a report on Monday, June 22nd. Finally, Scotiabank boosted their target price on shares of Methanex from $70.00 to $80.00 and gave the company an "outperform" rating in a research note on Tuesday, May 5th.

Methanex Stock Up 3.1%

MEOH stock opened at $54.81 on Friday. Methanex has a 12 month low of $32.00 and a 12 month high of $66.75. The company has a market cap of $4.24 billion, a price-to-earnings ratio of -111.86 and a beta of 0.60. The company has a fifty day moving average price of $55.44 and a 200 day moving average price of $53.57. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.96 and a quick ratio of 1.26.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last announced its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The firm had revenue of $957.42 million during the quarter, compared to analyst estimates of $964.76 million. During the same period in the prior year, the firm posted $1.30 earnings per share. The business's quarterly revenue was up 8.7% compared to the same quarter last year. Sell-side analysts expect that Methanex will post 8.18 earnings per share for the current year.

Methanex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 16th. Methanex's payout ratio is -151.02%.

Key Stories Impacting Methanex

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: Methanex’s board declared a quarterly dividend of US$0.185 per share, signaling confidence in cash flow and providing income support for shareholders. Methanex Corporation – Notice of Cash Dividend
• Positive Sentiment: Scotiabank slightly raised its FY2027 EPS estimate for Methanex and maintained an Outperform rating with an $80 price target, reinforcing a constructive view on the company’s earnings outlook. Methanex Corporation stock information
• Positive Sentiment: Recent analyst coverage from National Bank was also described as positive, adding to the favorable sentiment around the name. Positive Report for Methanex (MEOH) from National Bank
• Neutral Sentiment: Scotiabank’s Q2 2026 earnings estimate of $3.78 per share is in line with expectations for the upcoming quarter, so it is not a major new catalyst by itself. Methanex Corporation stock information
• Negative Sentiment: News that Methanex shut down its Titan plant could raise concerns about near-term operating disruptions, which may weigh on sentiment. Methanex shuts down Titan plant

Hedge Funds Weigh In On Methanex

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Amundi raised its stake in Methanex by 3.9% during the 1st quarter. Amundi now owns 22,791 shares of the specialty chemicals company's stock valued at $800,000 after acquiring an additional 848 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of Methanex in the second quarter worth $419,000. Invesco Ltd. raised its stake in shares of Methanex by 15.7% during the second quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company's stock valued at $8,250,000 after purchasing an additional 33,827 shares in the last quarter. AXA S.A. bought a new stake in shares of Methanex during the second quarter valued at about $166,000. Finally, Qube Research & Technologies Ltd lifted its holdings in Methanex by 327.0% in the second quarter. Qube Research & Technologies Ltd now owns 47,284 shares of the specialty chemicals company's stock worth $1,565,000 after purchasing an additional 36,211 shares during the period. 73.49% of the stock is owned by institutional investors.

About Methanex

Methanex Corporation is a Vancouver, Canada–based company and one of the world's largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company's core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.