NASDAQ:MEOH - Methanex Stock Price, News, & Analysis

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$58.96 +1.90 (+3.33 %)
(As of 01/22/2019 02:13 AM ET)
Previous Close$57.06
Today's Range$57.36 - $59.33
52-Week Range$45.48 - $83.23
Volume552,700 shs
Average Volume377,768 shs
Market Capitalization$4.56 billion
P/E Ratio12.52
Dividend Yield2.24%
Beta1.56
Methanex Corporation produces and sells methanol in North America, the Asia Pacific, Europe, and South America. It also purchases and sells methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.06 billion
Cash Flow$7.6373 per share
Book Value$20.79 per share

Profitability

Net Income$316.13 million

Miscellaneous

Employees1,357
Market Cap$4.56 billion
OptionableOptionable

Methanex (NASDAQ:MEOH) Frequently Asked Questions

What is Methanex's stock symbol?

Methanex trades on the NASDAQ under the ticker symbol "MEOH."

How often does Methanex pay dividends? What is the dividend yield for Methanex?

Methanex announced a quarterly dividend on Wednesday, November 14th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.33 per share on Monday, December 31st. This represents a $1.32 annualized dividend and a yield of 2.24%. The ex-dividend date is Friday, December 14th. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex declared that its board has authorized a share repurchase program on Tuesday, March 6th 2018, which allows the company to repurchase 6,590,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) announced its earnings results on Wednesday, October, 24th. The specialty chemicals company reported $1.92 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by $0.07. The specialty chemicals company had revenue of $1.04 billion for the quarter. Methanex had a return on equity of 34.25% and a net margin of 12.48%. View Methanex's Earnings History.

When is Methanex's next earnings date?

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

13 brokers have issued 12 month price targets for Methanex's shares. Their predictions range from $71.00 to $90.00. On average, they expect Methanex's stock price to reach $80.00 in the next twelve months. This suggests a possible upside of 35.7% from the stock's current price. View Analyst Price Targets for Methanex.

What is the consensus analysts' recommendation for Methanex?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Methanex.

Has Methanex been receiving favorable news coverage?

News stories about MEOH stock have trended very positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Methanex earned a news impact score of 3.2 on InfoTrie's scale. They also gave news stories about the specialty chemicals company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are some of Methanex's key competitors?

Who are Methanex's key executives?

Methanex's management team includes the folowing people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 59)
  • Mr. Ian P. Cameron, Sr. VP of Fin. & CFO
  • Mr. Michael J. Herz, Sr. VP of Corp. Devel.
  • Ms. Vanessa L. James, Sr. VP of Global Marketing & Logistics
  • Kim Campbell, Mang. of Investor Relations

Who are Methanex's major shareholders?

Methanex's stock is owned by a number of of institutional and retail investors. Top institutional investors include Addenda Capital Inc. (0.37%), Westbourne Investment Advisors Inc. (0.04%), Navellier & Associates Inc (0.01%), Fox Run Management L.L.C. (0.01%) and Quadrant Capital Group LLC (0.00%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Navellier & Associates Inc and Fox Run Management L.L.C..

Which institutional investors are buying Methanex stock?

MEOH stock was bought by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Westbourne Investment Advisors Inc. and Quadrant Capital Group LLC.

How do I buy shares of Methanex?

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

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $58.96.

How big of a company is Methanex?

Methanex has a market capitalization of $4.56 billion and generates $3.06 billion in revenue each year. The specialty chemicals company earns $316.13 million in net income (profit) each year or $4.71 on an earnings per share basis. Methanex employs 1,357 workers across the globe.

What is Methanex's official website?

The official website for Methanex is http://www.methanex.com.

How can I contact Methanex?

Methanex's mailing address is 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1. The specialty chemicals company can be reached via phone at 604-661-2600 or via email at [email protected]


MarketBeat Community Rating for Methanex (NASDAQ MEOH)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  579 (Vote Outperform)
Underperform Votes:  517 (Vote Underperform)
Total Votes:  1,096
MarketBeat's community ratings are surveys of what our community members think about Methanex and other stocks. Vote "Outperform" if you believe MEOH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEOH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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