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NVDA   791.08 (+0.02%)
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MSFT   406.16 (-0.34%)
META   483.14 (+0.29%)
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MSFT   406.16 (-0.34%)
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NVDA   791.08 (+0.02%)
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AMD   177.28 (+0.72%)
BABA   77.98 (+1.92%)
T   16.79 (+1.14%)
F   12.03 (+0.67%)
MU   91.86 (+2.68%)
CGC   3.52 (+1.44%)
GE   153.47 (-0.84%)
DIS   109.03 (+1.25%)
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PFE   26.99 (-0.70%)
PYPL   60.03 (+1.18%)
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NASDAQ:MEOH

Methanex (MEOH) Stock Price, News & Analysis

$44.39
-0.19 (-0.43%)
(As of 01:56 PM ET)
Today's Range
$44.18
$45.16
50-Day Range
$41.97
$48.82
52-Week Range
$38.18
$54.83
Volume
116,497 shs
Average Volume
290,817 shs
Market Capitalization
$2.99 billion
P/E Ratio
18.04
Dividend Yield
1.67%
Price Target
$54.22

Methanex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
22.2% Upside
$54.22 Price Target
Short Interest
Bearish
1.77% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Methanex in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
75.00%
From $2.60 to $4.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Basic Materials Sector

50th out of 172 stocks

Industrial Organic Chemicals Industry

2nd out of 20 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Methanex (MEOH) Gets a Buy from Barclays
Methanex Corporation – Notice of Cash Dividend
Methanex Q4 2023 Earnings Preview
See More Headlines
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Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
1/31/2024
Today
2/27/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

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
$54.22
High Stock Price Target
$62.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+21.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$174.14 million
Pretax Margin
7.67%

Debt

Sales & Book Value

Annual Sales
$3.72 billion
Cash Flow
$8.12 per share
Book Value
$32.25 per share

Miscellaneous

Free Float
66,713,000
Market Cap
$3.00 billion
Optionable
Optionable
Beta
1.52

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Key Executives

  • Mr. Richard W. Sumner (Age 49)
    President, CEO & Director
    Comp: $1.01M
  • 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?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

8 equities research analysts have issued 12-month price targets for Methanex's stock. Their MEOH share price targets range from $45.00 to $62.00. On average, they predict the company's share price to reach $54.22 in the next year. This suggests a possible upside of 22.2% 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 2024?

Methanex's stock was trading at $47.36 at the start of the year. Since then, MEOH stock has decreased by 6.3% and is now trading at $44.36.
View the best growth stocks for 2024 here
.

When is Methanex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our MEOH earnings forecast
.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Wednesday, January, 31st. The specialty chemicals company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.24. The specialty chemicals company had revenue of $922 million for the quarter, compared to the consensus estimate of $901.21 million. Methanex had a trailing twelve-month return on equity of 6.71% and a net margin of 4.67%.

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

Methanex announced a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.185 per share on Thursday, March 28th. This represents a $0.74 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Wednesday, March 13th.
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 1.67%. 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 30.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 16.26% 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?
Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include M&G Investment Management Ltd. (19.46%), FIL Ltd (10.98%), Vanguard Group Inc. (3.63%), Royal Bank of Canada (1.72%), Dixon Mitchell Investment Counsel Inc. (1.50%) and Dimensional Fund Advisors LP (1.35%).

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

This page (NASDAQ:MEOH) was last updated on 2/27/2024 by MarketBeat.com Staff