NASDAQ:MEOH Methanex (MEOH) Stock Price, News & Analysis $47.57 -0.37 (-0.77%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$47.34▼$48.4150-Day Range$47.31▼$55.0452-Week Range$38.31▼$56.43Volume167,378 shsAverage Volume182,214 shsMarket Capitalization$3.21 billionP/E Ratio20.16Dividend Yield1.56%Price Target$56.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside19.6% Upside$56.88 Price TargetShort InterestHealthy1.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth76.58%From $2.22 to $3.92 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.3.60 out of 5 starsBasic Materials Sector80th out of 175 stocksIndustrial Organic Chemicals Industry7th out of 17 stocks 2.3 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMethanex has only been the subject of 4 research reports in the past 90 days.Read more about Methanex's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.05% of the float of Methanex has been sold short.Short Interest Ratio / Days to CoverMethanex has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Methanex has recently increased by 17.57%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Methanex is 31.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Methanex will have a dividend payout ratio of 18.88% next year. This indicates that Methanex will be able to sustain or increase its dividend.Read more about Methanex's 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 2.4 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Methanex this week, compared to 3 articles on an average week.MarketBeat Follows1 people have added Methanex to their MarketBeat watchlist in the last 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.Read more about Methanex's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Methanex are expected to grow by 76.58% in the coming year, from $2.22 to $3.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 20.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 20.16, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 145.17.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Methanex's valuation and earnings. 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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 HeadlinesJuly 26 at 2:50 AM | americanbankingnews.comAnalysts Set Methanex Co. (NASDAQ:MEOH) Target Price at $56.88July 23, 2024 | americanbankingnews.comMethanex (MEOH) Set to Announce Quarterly Earnings on TuesdayJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 20, 2024 | americanbankingnews.comMethanex Co. (NASDAQ:MEOH) Plans Quarterly Dividend of $0.19July 18, 2024 | globenewswire.comMethanex Corporation – Notice of Cash DividendJuly 17, 2024 | globenewswire.comMethanex and Entropy Partner to Reduce Emissions in Methanol ProductionJune 4, 2024 | globenewswire.comMethanex Corporation Provides Update on Egypt OperationsApril 29, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Wacker Chemie AG (OtherWKCMF), Equinox Gold (EQX) and Methanex (MEOH)July 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.April 27, 2024 | seekingalpha.comMethanex Corporation (MEOH) Q1 2024 Earnings Call TranscriptApril 25, 2024 | globenewswire.comMethanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of DirectorsApril 25, 2024 | msn.comMethanex declares $0.185 dividendApril 24, 2024 | investorplace.comMEOH Stock Earnings: Methanex Beats EPS, Beats Revenue for Q1 2024April 24, 2024 | washingtonpost.comMethanex: Q1 Earnings SnapshotApril 24, 2024 | globenewswire.comMethanex Corporation – Notice of Cash DividendApril 24, 2024 | globenewswire.comMethanex Reports Higher First Quarter 2024 Earnings as Methanol Prices IncreaseApril 24, 2024 | globenewswire.comMethanex Renews and Adds New Tranche to Revolving Credit FacilityApril 9, 2024 | investorplace.comMEOH Stock Earnings: Methanex Beats EPS, Beats Revenue for Q4 2023See 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 Earnings10/25/2023Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal 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$56.88 High Stock Price Target$64.00 Low Stock Price Target$48.00 Potential Upside/Downside+19.6%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.36 Trailing P/E Ratio20.16 Forward P/E Ratio21.43 P/E GrowthN/ANet Income$174.14 million Net Margins4.63% Pretax Margin7.03% Return on Equity5.38% Return on Assets1.88% Debt Debt-to-Equity Ratio0.82 Current Ratio1.17 Quick Ratio0.85 Sales & Book Value Annual Sales$3.72 billion Price / Sales0.86 Cash Flow$7.98 per share Price / Cash Flow5.96 Book Value$32.25 per share Price / Book1.48Miscellaneous Outstanding Shares67,390,000Free Float66,713,000Market Cap$3.21 billion OptionableOptionable Beta1.39 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: $1.82MMr. Dean RichardsonSenior VP of Finance & Chief Financial OfficerMs. Karine DelbarreSenior Vice President of Global Marketing & LogisticsMr. Bradley W. BoydSenior Vice President of Corporate ResourcesMr. Gustavo ParraSenior Vice President of ManufacturingSarah HerriottDirector of Investor RelationsMr. Kevin PriceSenior VP, General Counsel & Corporate SecretaryMr. Kevin M. MaloneySenior Vice President of Corporate DevelopmentMark AllardSenior Vice President of Low Carbon SolutionsRawle RamlochanPlant ManagerMore ExecutivesKey CompetitorsRenewable Energy GroupNASDAQ:REGINewMarketNYSE:NEUSensient TechnologiesNYSE:SXTGreen PlainsNASDAQ:GPREREX American ResourcesNYSE:REXView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 375 shares on 7/26/2024Ownership: 0.028%U S Global Investors Inc.Bought 5,000 shares on 7/24/2024Ownership: 0.013%Blue Trust Inc.Bought 1,575 shares on 7/18/2024Ownership: 0.002%M&G PlcSold 72,530 shares on 7/16/2024Ownership: 19.330%Dixon Mitchell Investment Counsel Inc.Bought 8,637 shares on 7/12/2024Ownership: 1.596%View All Institutional Transactions MEOH Stock Analysis - Frequently Asked Questions How have MEOH shares performed this year? Methanex's stock was trading at $47.36 at the beginning of 2024. Since then, MEOH stock has increased by 0.4% and is now trading at $47.57. View the best growth stocks for 2024 here. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Wednesday, October, 25th. The specialty chemicals company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.10. Methanex's revenue for the quarter was down 18.7% on a year-over-year basis. Who are Methanex's major shareholders? Top institutional shareholders of Methanex include M&G Plc (19.33%), Dixon Mitchell Investment Counsel Inc. (1.60%), Bank of New York Mellon Corp (0.03%) and U S Global Investors Inc. (0.01%). 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. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some other companies that Methanex investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), AT&T (T), Micron Technology (MU) and Verizon Communications (VZ). This page (NASDAQ:MEOH) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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