Methanex Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 2 sell ratings, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Methanex stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEOH, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Methanex a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Methanex wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Methanex.

Methanex Co. (NASDAQ:MEOH) issued its quarterly earnings data on Tuesday, July, 27th. The specialty chemicals company reported $1.24 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.09. Methanex had a trailing twelve-month return on equity of 7.03% and a net margin of 2.78%.
View Methanex's earnings history.

Methanex's stock was trading at $17.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MEOH stock has increased by 90.8% and is now trading at $33.22.
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Methanex declared a quarterly dividend on Monday, July 19th. Investors of record on Thursday, September 16th will be given a dividend of $0.125 per share on Thursday, September 30th. This represents a $0.50 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Wednesday, September 15th. This is a boost from Methanex's previous quarterly dividend of $0.04.
View Methanex's dividend history.

Methanex pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.24%.
View Methanex's dividend history.

11 analysts have issued 1-year price targets for Methanex's shares. Their forecasts range from $11.00 to $60.00. On average, they anticipate Methanex's stock price to reach $43.09 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price.
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Some companies that are related to Methanex include Braskem (BRKMY), Braskem (BAK), Amyris (AMRS), Sensient Technologies (SXT), NewMarket (NEU), Renewable Energy Group (REGI), Green Plains (GPRE), Codexis (CDXS), Cyclo Therapeutics (CTDH), Gevo (GEVO), Origin Materials (ORGN), Westlake Chemical Partners (WLKP), Artius Acquisition (AACQ), REX American Resources (REX) and Alto Ingredients (ALTO).
View all of MEOH's competitors.

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

Methanex's stock is owned by many different retail and institutional investors. Top institutional shareholders include Scheer Rowlett & Associates Investment Management Ltd. (1.21%), Granite Investment Partners LLC (1.01%), Russell Investments Group Ltd. (0.39%), Westbourne Investment Advisors Inc. (0.15%), Pinnacle Associates Ltd. (0.02%) and Veriti Management LLC (0.02%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., American Century Companies Inc., and Zurcher Kantonalbank Zurich Cantonalbank .

MEOH stock was purchased by a variety of institutional investors in the last quarter, including Scheer Rowlett & Associates Investment Management Ltd., Russell Investments Group Ltd., Veriti Management LLC, Westbourne Investment Advisors Inc., and Granite Investment Partners LLC.

Shares of MEOH 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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One share of MEOH stock can currently be purchased for approximately $33.22.

Methanex has a market capitalization of $2.53 billion and generates $2.65 billion in revenue each year. The specialty chemicals company earns $-156,680,000.00 in net income (profit) each year or ($1.62) on an earnings per share basis.

Methanex employs 1,489 workers across the globe.

The official website for Methanex is www.methanex.com.

Methanex is headquartered at 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1.

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]