Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: MEOH
- Previous Close: $50.85
- 50 Day Moving Average: $48.63
- 200 Day Moving Average: $39.56
- 52-Week Range: $26.83 - $52.85
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 15.01
- P/E Growth: 1.13
- Market Cap: $4.67B
- Outstanding Shares: 89,825,000
- Beta: 1.91
- Net Margins: -0.63%
- Return on Equity: -1.82%
- Return on Assets: -0.75%
Companies Related to Methanex:
- Debt-to-Equity Ratio: 0.83%
- Current Ratio: 1.69%
- Quick Ratio: 1.23%
What is Methanex's stock symbol?
Methanex trades on the NASDAQ under the ticker symbol "MEOH."
How often does Methanex pay dividends? What is the dividend yield for Methanex?
Methanex announced a quarterly dividend on Friday, January 27th. Investors of record on Friday, March 17th will be paid a dividend of $0.275 per share on Friday, March 31st. This represents a $1.10 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Wednesday, March 15th.
Where is Methanex's stock going? Where will Methanex's stock price be in 2017?
10 analysts have issued 12-month target prices for Methanex's stock. Their predictions range from $37.00 to $60.00. On average, they anticipate Methanex's stock price to reach $52.00 in the next twelve months.
What are analysts saying about Methanex stock?
Here are some recent quotes from research analysts about Methanex stock:
- Jefferies Group LLC analysts commented, "A peak in Chinese coal prices, likely headwinds for olefins in 2018-2019, and risks to methanol pricing appear to have dampened investor sentiment. Methanex shares could prove resilient, nonetheless, given robust cash generation (11% average FCF yield before dividends through 2020E, even with prices pulling back 20%), potential buybacks, and opportunities to bring on capacity faster, and at much lower average cost, than peers." (2/21/2017)
According to Zacks Investment Research, "Methanex swung to a loss in the third quarter of 2016. However, loss per share was lower than the Zacks Consensus Estimate. Revenues fell year over year in the quarter, but beat expectations. Methanex should gain from healthy demand fundamentals for methanol. We are also optimistic about its Louisiana project, which is expected to create significant value for shareholders and meaningfully contribute to cash generation. The company also remains committed to boost shareholder returns." (12/6/2016)
Who owns Methanex stock?
Methanex's stock is owned by many different of retail and institutional investors. Top institutional investors include Prudential PLC (19.49%), Guardian Capital LP (4.59%), FMR LLC (2.86%), Fiera Capital Corp (2.43%), FIL Ltd (1.30%) and Russell Investments Group Ltd. (1.03%).
Who sold Methanex stock? Who is selling Methanex stock?
Methanex's stock was sold by a variety of institutional investors in the last quarter, including Guardian Capital LP, Intact Investment Management Inc., I.G. Investment Management LTD., Gabelli Funds LLC, Dimensional Fund Advisors LP, Franklin Resources Inc., Public Sector Pension Investment Board and Pinnacle Associates Ltd..
Who bought Methanex stock? Who is buying Methanex stock?
Methanex's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., FIL Ltd, Fiera Capital Corp, Marshall Wace LLP, Comerica Bank and Dynamic Technology Lab Private Ltd.
How do I buy Methanex stock?
Shares of Methanex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Methanex stock cost?
One share of Methanex stock can currently be purchased for approximately $51.95.