S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
Critical asset just had biggest fall on record (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
South Korea takes steps to suspend licenses of striking doctors after they refuse to end walkouts
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
Critical asset just had biggest fall on record (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
South Korea takes steps to suspend licenses of striking doctors after they refuse to end walkouts
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
Critical asset just had biggest fall on record (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
South Korea takes steps to suspend licenses of striking doctors after they refuse to end walkouts
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
Critical asset just had biggest fall on record (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
South Korea takes steps to suspend licenses of striking doctors after they refuse to end walkouts
NASDAQ:MEOH

Methanex (MEOH) Stock Price, News & Analysis

$44.25
-0.59 (-1.32%)
(As of 03/1/2024 ET)
Today's Range
$44.14
$45.58
50-Day Range
$41.97
$48.82
52-Week Range
$38.18
$54.83
Volume
305,558 shs
Average Volume
342,198 shs
Market Capitalization
$2.98 billion
P/E Ratio
17.99
Dividend Yield
1.67%
Price Target
$54.22

Methanex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
22.5% Upside
$54.22 Price Target
Short Interest
Healthy
1.69% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.20mentions of Methanex in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
75.00%
From $2.60 to $4.55 Per Share

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.

4.32 out of 5 stars

Basic Materials Sector

29th out of 169 stocks

Industrial Organic Chemicals Industry

1st out of 19 stocks


MEOH stock logo

About Methanex Stock (NASDAQ:MEOH)

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. 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. 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.

MEOH Stock Price History

MEOH Stock News Headlines

DOW Mar 2024 45.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Methanex (MEOH) Gets a Buy from Barclays
Methanex Corporation – Notice of Cash Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
1/31/2024
Today
3/03/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Current Symbol
NASDAQ:MEOH
Employees
1,410
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$54.22
High Stock Price Target
$62.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+22.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$174.14 million
Pretax Margin
7.67%

Debt

Sales & Book Value

Annual Sales
$3.72 billion
Cash Flow
$8.09 per share
Book Value
$32.25 per share

Miscellaneous

Free Float
66,713,000
Market Cap
$2.98 billion
Optionable
Optionable
Beta
1.51

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Key Executives

  • Mr. Richard W. Sumner (Age 49)
    President, CEO & Director
    Comp: $1.01M
  • Mr. Dean Richardson
    Senior VP of Finance & Chief Financial Officer
  • Sarah Herriott
    Director of Investor Relations
  • Mr. Kevin Price
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Kevin M. Maloney
    Senior Vice President of Corporate Development
  • Ms. Karine Delbarre
    Senior Vice President of Marketing & Logistics
  • Mr. Bradley W. Boyd
    Senior Vice President of Corporate Resources
  • Mark Allard
    Senior Vice President of Low Carbon Solutions
  • Mr. Gustavo Parra
    Senior Vice President of Manufacturing
  • Rawle Ramlochan
    Plant Manager














MEOH Stock Analysis - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 3 hold ratings and 5 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?

8 brokerages have issued 12-month target prices for Methanex's shares. Their MEOH share price targets range from $45.00 to $62.00. On average, they predict the company's share price to reach $54.22 in the next year. This suggests a possible upside of 22.5% 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 beginning of the year. Since then, MEOH shares have decreased by 6.6% and is now trading at $44.25.
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) posted its quarterly 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 earned $922 million during the quarter, compared to analyst estimates of $901.21 million. Methanex had a net margin of 4.67% and a trailing twelve-month return on equity of 6.71%.

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 paid a dividend of $0.185 per share on Thursday, March 28th. This represents a $0.74 annualized dividend and a dividend yield of 1.67%. 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 1.67%. 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 16.26% 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?
Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include M&G Investment Management Ltd. (19.46%), FIL Ltd (10.98%), Vanguard Group Inc. (3.63%), Royal Bank of Canada (1.72%), Dixon Mitchell Investment Counsel Inc. (1.50%) and Dimensional Fund Advisors LP (1.35%).

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 3/3/2024 by MarketBeat.com Staff