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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
NASDAQ:MEOH

Methanex (MEOH) Stock Forecast, Price & News

$42.26
-0.17 (-0.40%)
(As of 09/22/2023 ET)
Compare
Today's Range
$42.17
$43.19
50-Day Range
$40.49
$45.43
52-Week Range
$28.73
$54.83
Volume
169,597 shs
Average Volume
233,656 shs
Market Capitalization
$2.85 billion
P/E Ratio
13.81
Dividend Yield
1.75%
Price Target
$54.90

Methanex MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
29.9% Upside
$54.90 Price Target
Short Interest
Bearish
2.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of Methanex in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
52.87%
From $1.57 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Basic Materials Sector

29th out of 167 stocks

Industrial Organic Chemicals Industry

2nd out of 19 stocks


MEOH stock logo

About Methanex (NASDAQ:MEOH) Stock

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 Price History

MEOH Stock News Headlines

His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Methanex (MEOH) Stock Jumps 5.6%: Will It Continue to Soar?
Methanex (NASDAQ:MEOH) Upgraded by Raymond James to "Outperform"
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Methanex (MEOH) Gets a Hold from RBC Capital
Barclays Sticks to Its Buy Rating for Methanex (MEOH)
Where Methanex Stands With Analysts
Barclays Sticks to Their Buy Rating for Methanex (MEOH)
Methanex (MEOH) Receives a Buy from Alembic Global
See More Headlines
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MEOH Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2023
Dividend Payable
6/30/2023
Last Earnings
7/26/2023
Ex-Dividend for 9/30 Dividend
9/14/2023
Today
9/24/2023
Dividend Payable
9/30/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$54.90
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+29.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$353.83 million
Pretax Margin
11.11%

Debt

Sales & Book Value

Annual Sales
$4.31 billion
Cash Flow
$10.33 per share
Book Value
$35.06 per share

Miscellaneous

Free Float
66,703,000
Market Cap
$2.85 billion
Optionable
Optionable
Beta
1.62

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Key Executives

  • Mr. Richard W. Sumner (Age 48)
    Pres, CEO & Director
    Comp: $1.01M
  • Mr. Dean Richardson
    Sr. VP of Fin. & Chief Financial Officer
  • Sarah Herriott
    Director of Investor Relations
  • Mr. Kevin Price
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Kevin M. Maloney
    Sr. VP of Corp. Devel.
  • Ms. Karine Delbarre
    Sr. VP of Marketing & Logistics
  • Mr. Bradley W. Boyd
    Sr. VP of Corp. Resources
  • Mark Allard
    Sr. VP of Low Carbon Solutions
  • Mr. Gustavo Parra
    Sr. VP of Manufacturing













MEOH Stock - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MEOH shares.
View MEOH analyst ratings
or view top-rated stocks.

What is Methanex's stock price forecast for 2023?

10 Wall Street analysts have issued twelve-month price targets for Methanex's stock. Their MEOH share price forecasts range from $45.00 to $65.00. On average, they anticipate the company's share price to reach $54.90 in the next twelve months. This suggests a possible upside of 29.9% 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 2023?

Methanex's stock was trading at $37.86 at the beginning of the year. Since then, MEOH stock has increased by 11.6% and is now trading at $42.26.
View the best growth stocks for 2023 here
.

When is Methanex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our MEOH earnings forecast
.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, July, 26th. The specialty chemicals company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The specialty chemicals company had revenue of $939 million for the quarter, compared to the consensus estimate of $886.52 million. Methanex had a net margin of 5.70% and a trailing twelve-month return on equity of 9.09%. The company's quarterly revenue was down 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.16 EPS.

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

Methanex declared a quarterly dividend on Thursday, July 13th. Investors of record on Saturday, September 16th will be paid a dividend of $0.185 per share on Saturday, September 30th. This represents a $0.74 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Thursday, September 14th.
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 1.75%. 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 24.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 30.83% 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?

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).

What is Methanex's stock symbol?

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

Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of institutional and retail investors. Top institutional investors include M&G Investment Management Ltd. (19.64%), Bank of Montreal Can (1.38%), Dimensional Fund Advisors LP (1.26%), Mackenzie Financial Corp (0.92%), Becker Capital Management Inc. (0.80%) and Granite Investment Partners LLC (0.75%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $42.26.

How much money does Methanex make?

Methanex (NASDAQ:MEOH) has a market capitalization of $2.85 billion and generates $4.31 billion in revenue each year. The specialty chemicals company earns $353.83 million in net income (profit) each year or $3.06 on an earnings per share basis.

How many employees does Methanex have?

The company employs 1,410 workers across the globe.

How can I contact Methanex?

Methanex's mailing address is 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1. The official website for the company is www.methanex.com. The specialty chemicals company can be reached via phone at (604) 661-2600, via email at invest@methanex.com, or via fax at 604-661-2676.

This page (NASDAQ:MEOH) was last updated on 9/24/2023 by MarketBeat.com Staff

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