Methanex (MEOH) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MEOH shares.
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12 brokers have issued 1 year price targets for Methanex's shares. Their MEOH share price targets range from $45.00 to $65.00. On average, they anticipate the company's share price to reach $53.75 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price.
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Methanex's stock was trading at $37.86 at the beginning of 2023. Since then, MEOH stock has increased by 13.9% and is now trading at $43.14.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our MEOH earnings forecast.

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, October, 25th. The specialty chemicals company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.10. The specialty chemicals company earned $823 million during the quarter, compared to analysts' expectations of $754.57 million. Methanex had a net margin of 4.80% and a trailing twelve-month return on equity of 7.21%. The firm's revenue was down 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 EPS.

Methanex declared a quarterly dividend on Wednesday, November 15th. Investors of record on Friday, December 15th will be paid a dividend of $0.185 per share on Friday, December 29th. This represents a $0.74 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for MEOH.

Methanex (NASDAQ:MEOH) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.76%. 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 29.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 28.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MEOH.

Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include CA (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).

Methanex's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (7.41%), Wellington Management Group LLP (5.87%), Connor Clark & Lunn Investment Management Ltd. (1.56%), Mackenzie Financial Corp (1.10%), Becker Capital Management Inc. (0.80%) and Boston Partners (0.60%).

Shares of MEOH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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