NASDAQ:MEOH - Methanex Stock Price, Price Target & More

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

Methanex declared a quarterly dividend on Wednesday, April 25th. Investors of record on Saturday, June 16th will be given a dividend of $0.33 per share on Saturday, June 30th. This represents a $1.32 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Thursday, June 14th. View Methanex's Dividend History.

Methanex announced that its board has initiated a share repurchase plan on Tuesday, March 6th 2018, which authorizes the company to repurchase 6,590,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, April, 25th. The specialty chemicals company reported $2.03 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.08 by $0.05. The specialty chemicals company had revenue of $962 million for the quarter, compared to the consensus estimate of $965.83 million. Methanex had a net margin of 11.00% and a return on equity of 24.47%. Methanex's quarterly revenue was up 18.8% compared to the same quarter last year. During the same period last year, the business earned $1.56 EPS. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Methanex.

13 brokers have issued 12 month price objectives for Methanex's shares. Their predictions range from $44.00 to $80.00. On average, they expect Methanex's stock price to reach $68.4583 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Ratings for Methanex.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BAK), International Flavors & Fragrances (IFF), NewMarket (NEU), Sensient Technologies (SXT), Codexis (CDXS), Westlake Chemical Partners (WLKP), Green Plains (GPRE), Renewable Energy Group (REGI), FutureFuel (FF), Green Plains Partners (GPP), REX American Resources (REX), Amyris (AMRS), Sino United Worldwide Consolidated (SUIC) and Pacific Ethanol (PEIX).

News stories about MEOH stock have been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Methanex earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news articles about the specialty chemicals company an impact score of 46.21 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Methanex's stock is owned by a number of of institutional and retail investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (19.47%), M&G INVESTMENT MANAGEMENT LTD (18.44%), Addenda Capital Inc. (0.59%), Addenda Capital Inc. (0.26%), Montrusco Bolton Investments Inc. (0.08%) and Gulf International Bank UK Ltd (0.03%). View Institutional Ownership Trends for Methanex.

MEOH stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc. and Gulf International Bank UK Ltd. View Insider Buying and Selling for Methanex.

MEOH stock was bought by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Montrusco Bolton Investments Inc. and Nwam LLC. View Insider Buying and Selling for 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.

One share of MEOH stock can currently be purchased for approximately $68.40.

Methanex has a market capitalization of $5.87 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.

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]