Scotiabank Forecasts Methanex's Q3 Earnings (NASDAQ:MEOH)

Key Points

• Scotiabank projects Methanex's Q3 2025 EPS to be $0.81, maintaining a "Sector Outperform" rating with a target price of $50.00.
• Methanex reported $0.97 EPS in its last quarterly results, significantly exceeding the expected $0.42 EPS, despite a 13.4% drop in revenue year-over-year.
• The company declared a quarterly dividend of $0.185, representing an annual yield of 1.9%, with a payout ratio of 21.83%.

Methanex Corporation (NASDAQ:MEOH - Free Report) TSE: MX - Equities researchers at Scotiabank issued their Q3 2025 EPS estimates for Methanex in a note issued to investors on Monday, October 6th. Scotiabank analyst B. Isaacson expects that the specialty chemicals company will post earnings of $0.81 per share for the quarter. Scotiabank has a "Sector Outperform" rating and a $50.00 price objective on the stock. The consensus estimate for Methanex's current full-year earnings is $4.32 per share.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last posted its quarterly earnings data on Wednesday, July 30th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.55. The company had revenue of $808.46 million for the quarter, compared to analyst estimates of $835.04 million. Methanex had a net margin of 7.02% and a return on equity of 12.61%. The business's quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 earnings per share.

A number of other equities analysts also recently commented on the stock. National Bankshares set a $47.00 price objective on shares of Methanex and gave the stock an "outperform" rating in a report on Thursday, September 25th. Zacks Research raised shares of Methanex from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 16th. Weiss Ratings reissued a "hold (c)" rating on shares of Methanex in a report on Wednesday. CIBC boosted their price target on shares of Methanex from $42.00 to $44.00 and gave the company an "outperformer" rating in a report on Friday, August 1st. Finally, Royal Bank Of Canada raised shares of Methanex from a "sector perform" rating to an "outperform" rating and set a $50.00 price target for the company in a report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Methanex has an average rating of "Buy" and an average target price of $46.00.

Methanex Stock Up 0.2%

Shares of NASDAQ:MEOH opened at $39.25 on Thursday. The company has a current ratio of 2.13, a quick ratio of 1.43 and a debt-to-equity ratio of 1.00. The company has a fifty day simple moving average of $36.67 and a 200 day simple moving average of $34.13. The firm has a market cap of $3.04 billion, a PE ratio of 11.58 and a beta of 0.94. Methanex has a 12-month low of $25.46 and a 12-month high of $54.49.

Methanex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were given a $0.185 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $0.74 annualized dividend and a yield of 1.9%. Methanex's payout ratio is 21.83%.

Institutional Investors Weigh In On Methanex

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in Methanex during the 2nd quarter worth about $30,306,000. Dixon Mitchell Investment Counsel Inc. raised its holdings in Methanex by 66.4% during the 2nd quarter. Dixon Mitchell Investment Counsel Inc. now owns 2,041,412 shares of the specialty chemicals company's stock worth $67,577,000 after buying an additional 814,877 shares during the period. Alberta Investment Management Corp raised its holdings in Methanex by 1,499.0% during the 1st quarter. Alberta Investment Management Corp now owns 817,100 shares of the specialty chemicals company's stock worth $28,671,000 after buying an additional 766,000 shares during the period. Cubist Systematic Strategies LLC raised its holdings in Methanex by 2,409.2% during the 1st quarter. Cubist Systematic Strategies LLC now owns 581,000 shares of the specialty chemicals company's stock worth $20,388,000 after buying an additional 557,845 shares during the period. Finally, Encompass Capital Advisors LLC raised its holdings in Methanex by 86.0% during the 1st quarter. Encompass Capital Advisors LLC now owns 999,305 shares of the specialty chemicals company's stock worth $35,066,000 after buying an additional 461,954 shares during the period. 73.49% of the stock is currently owned by institutional investors.

Methanex Company Profile

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.