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2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind

Methanex Stock Price, News & Analysis (NASDAQ:MEOH)

$43.29
+0.13 (+0.30%)
(As of 12/4/2023 ET)
Compare
Today's Range
$42.79
$43.49
50-Day Range
$39.24
$45.77
52-Week Range
$35.46
$54.83
Volume
134,277 shs
Average Volume
290,225 shs
Market Capitalization
$2.92 billion
P/E Ratio
16.98
Dividend Yield
1.71%
Price Target
$53.75

Methanex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
24.2% Upside
$53.75 Price Target
Short Interest
Healthy
1.66% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Methanex in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
59.04%
From $1.66 to $2.64 Per Share

Overall MarketRank

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

3.05 out of 5 stars

Basic Materials Sector

4th out of 170 stocks

Industrial Organic Chemicals Industry

1st out of 18 stocks


MEOH stock logo

About Methanex Stock (NASDAQ:MEOH)

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 Stock Price History

MEOH Stock News Headlines

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Methanex: Long-Term Promise, Near-Term Uncertainty
Why Is Methanex (MEOH) Up 5.6% Since Last Earnings Report?
3 Diversified Chemical Stocks to Watch Amid Demand Worries
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Methanex (MEOH) Q3 Earnings and Revenues Top Estimates
Methanex Reports Third Quarter 2023 Results
Earnings Preview: Methanex
Methanex Is Having Trouble Lighting Up
Methanex (MEOH) Stock Jumps 5.6%: Will It Continue to Soar?
Methanex (MEOH) Gets a Hold from RBC Capital
See More Headlines
Receive MEOH Stock News and Ratings via Email

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Company Calendar

Ex-Dividend for 9/30 Dividend
9/14/2023
Dividend Payable
9/30/2023
Last Earnings
10/25/2023
Today
12/04/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024

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 Target
$53.75
High Stock Price Target
$65.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+24.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$353.83 million
Pretax Margin
8.08%

Debt

Sales & Book Value

Annual Sales
$4.31 billion
Cash Flow
$10.36 per share
Book Value
$35.06 per share

Miscellaneous

Free Float
66,703,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
1.51

Social Links

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Key Executives

  • Mr. Richard W. Sumner (Age 48)
    President, CEO & Director
    Comp: $1M
  • Mr. Dean Richardson
    Senior VP of Finance & Chief Financial Officer
  • Sarah Herriott
    Director of Investor Relations
  • Mr. Kevin Price
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Kevin M. Maloney
    Senior Vice President of Corporate Development
  • Ms. Karine Delbarre
    Senior Vice President of Marketing & Logistics
  • Mr. Bradley W. Boyd
    Senior Vice President of Corporate Resources
  • Mark Allard
    Senior Vice President of Low Carbon Solutions
  • Mr. Gustavo Parra
    Senior Vice President of Manufacturing
  • Rawle Ramlochan
    Plant Manager














MEOH Stock Analysis - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MEOH shares.
View MEOH analyst ratings
or view top-rated stocks.

What is Methanex's stock price target for 2024?

12 Wall Street research analysts have issued 12-month target prices for Methanex's shares. Their MEOH share price targets range from $45.00 to $65.00. On average, they predict the company's share price to reach $53.75 in the next twelve months. This suggests a possible upside of 24.2% 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 on January 1st, 2023. Since then, MEOH stock has increased by 14.3% and is now trading at $43.29.
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 Thursday, February 1st 2024.
View our MEOH earnings forecast
.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) released its earnings results on Wednesday, October, 25th. The specialty chemicals company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.10. The specialty chemicals company had revenue of $823 million for the quarter, compared to analyst estimates of $754.57 million. Methanex had a trailing twelve-month return on equity of 7.21% and a net margin of 4.80%. Methanex's revenue was down 18.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 earnings per share.

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

Methanex announced a quarterly dividend on Wednesday, November 15th. Investors of record on Friday, December 15th will be given a dividend of $0.185 per share on Friday, December 29th. This represents a $0.74 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Thursday, December 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 1.71%. 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.

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).

Who are Methanex's major shareholders?

Methanex's stock is owned by a variety 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%).

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.

This page (NASDAQ:MEOH) was last updated on 12/5/2023 by MarketBeat.com Staff

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