NASDAQ:MEOH - Methanex Stock Price, News, & Analysis

$45.62
-0.33 (-0.72 %)
(As of 06/19/2019 10:48 AM ET)
Today's Range
$45.54
Now: $45.62
$46.17
50-Day Range
$41.34
MA: $46.52
$54.92
52-Week Range
$41.30
Now: $45.62
$83.23
Volume2,942 shs
Average Volume429,122 shs
Market Capitalization$3.53 billion
P/E Ratio6.65
Dividend Yield3.21%
Beta1.68
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.

Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.93 billion
Cash Flow$10.5358 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$3.53 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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Methanex (NASDAQ:MEOH) Frequently Asked Questions

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 Thursday, April 25th. Investors of record on Sunday, June 16th will be paid a dividend of $0.36 per share on Sunday, June 30th. This represents a $1.44 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, June 13th. This is a boost from Methanex's previous quarterly dividend of $0.33. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex declared that its Board of Directors has authorized a share buyback program on Tuesday, March 6th 2018, which allows the company to repurchase 6,590,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its stock is undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) announced its quarterly earnings results on Wednesday, April, 24th. The specialty chemicals company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02. The specialty chemicals company had revenue of $773 million for the quarter, compared to analysts' expectations of $790 million. Methanex had a net margin of 11.84% and a return on equity of 24.89%. The company's quarterly revenue was down 19.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.03 earnings per share. View Methanex's Earnings History.

When is Methanex's next earnings date?

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

13 analysts have issued twelve-month price targets for Methanex's stock. Their forecasts range from $45.00 to $84.00. On average, they anticipate Methanex's share price to reach $70.1818 in the next twelve months. This suggests a possible upside of 53.7% from the stock's current price. View Analyst Price Targets for Methanex.

What is the consensus analysts' recommendation for Methanex?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Has Methanex been receiving favorable news coverage?

Media coverage about MEOH stock has trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Methanex earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media coverage about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Methanex.

Are investors shorting Methanex?

Methanex saw a increase in short interest in April. As of April 30th, there was short interest totalling 1,081,107 shares, an increase of 26.9% from the April 15th total of 851,853 shares. Based on an average daily volume of 451,701 shares, the short-interest ratio is currently 2.4 days. View Methanex's Current Options Chain.

Who are some of Methanex's key competitors?

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), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and YY (YY).

Who are Methanex's key executives?

Methanex's management team includes the folowing people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 60)
  • Mr. Ian P. Cameron, Sr. VP of Fin. & CFO
  • Mr. Michael J. Herz, Sr. VP of Corp. Devel.
  • Ms. Vanessa L. James, Sr. VP of Global Marketing & Logistics
  • Mr. Kevin L. Henderson, Sr. VP of Manufacturing

Who are Methanex's major shareholders?

Methanex's stock is owned by many different of retail and institutional investors. Top institutional investors include Connor Clark & Lunn Investment Management Ltd. (3.46%), FIL Ltd (2.17%), Neuberger Berman Group LLC (1.12%), Fiera Capital Corp (1.04%), TD Asset Management Inc. (1.02%) and Great West Life Assurance Co. Can (0.96%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Janus Henderson Group PLC, Connor Clark & Lunn Investment Management Ltd., Acadian Asset Management LLC, Neuberger Berman Group LLC, JPMorgan Chase & Co., Zurcher Kantonalbank Zurich Cantonalbank and Sumitomo Mitsui Trust Holdings Inc..

Which institutional investors are buying Methanex stock?

MEOH stock was acquired by a variety of institutional investors in the last quarter, including FIL Ltd, Fiera Capital Corp, Scheer Rowlett & Associates Investment Management Ltd., Great West Life Assurance Co. Can, PCJ Investment Counsel Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Cidel Asset Management Inc. and Marshall Wace North America L.P..

How do I buy shares of Methanex?

Shares of MEOH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $45.65.

How big of a company is Methanex?

Methanex has a market capitalization of $3.53 billion and generates $3.93 billion in revenue each year. The specialty chemicals company earns $568.98 million in net income (profit) each year or $6.86 on an earnings per share basis. Methanex employs 1,426 workers across the globe.View Additional Information About Methanex.

What is Methanex's official website?

The official website for Methanex is http://www.methanex.com/.

How can I contact Methanex?

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]


MarketBeat Community Rating for Methanex (NASDAQ MEOH)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  615 (Thanks for Voting!)
Underperform Votes:  547 (Thanks for Voting!)
Total Votes:  1,162
MarketBeat's community ratings are surveys of what our community members think about Methanex and other stocks. Vote "Outperform" if you believe MEOH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEOH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2019 by MarketBeat.com Staff

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