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

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

Methanex announced a quarterly dividend on Friday, February 1st. Stockholders of record on Sunday, March 17th will be given a dividend of $0.33 per share on Sunday, March 31st. This represents a $1.32 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Thursday, March 14th. View Methanex's Dividend History.

Methanex announced that its board has approved a share repurchase program on Tuesday, March 6th 2018, which permits the company to repurchase 6,590,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Wednesday, January, 30th. The specialty chemicals company reported $1.15 EPS for the quarter, missing analysts' consensus estimates of $1.75 by $0.60. The specialty chemicals company had revenue of $977 million for the quarter, compared to the consensus estimate of $986.13 million. Methanex had a return on equity of 31.00% and a net margin of 14.48%. Methanex's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the firm earned $1.70 earnings per share. View Methanex's Earnings History.

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

13 brokerages have issued 12-month target prices for Methanex's stock. Their predictions range from $62.00 to $90.00. On average, they expect Methanex's share price to reach $77.1667 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for Methanex.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Headlines about MEOH stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Methanex earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the specialty chemicals company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.

Methanex saw a drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,349,855 shares, a drop of 29.7% from the January 31st total of 1,919,957 shares. Based on an average daily trading volume, of 452,832 shares, the days-to-cover ratio is presently 3.0 days. View Methanex's Current Options Chain.

Some companies that are related to Methanex include International Flavors & Fragrances (IFF), Braskem (BAK), Westlake Chemical (WLK), NewMarket (NEU), Sensient Technologies (SXT), Codexis (CDXS), Renewable Energy Group (REGI), Westlake Chemical Partners (WLKP), Green Plains (GPRE), FutureFuel (FF), REX American Resources (REX), Green Plains Partners (GPP), Sino United Worldwide Consolidated (SUIC), Amyris (AMRS) and Solarwindow Technologies (WNDW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), YY (YY) and Allergan (AGN).

Methanex's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Prudential PLC (16.51%), Connor Clark & Lunn Investment Management Ltd. (3.79%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (1.42%), Norges Bank (1.33%), Canada Pension Plan Investment Board (0.97%) and TD Asset Management Inc. (0.92%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Connor Clark & Lunn Investment Management Ltd., Mackenzie Financial Corp, Strs Ohio, D. E. Shaw & Co. Inc., Fiera Capital Corp, Brightline Capital Management LLC and Gotham Asset Management LLC.

MEOH stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Scheer Rowlett & Associates Investment Management Ltd., Addenda Capital Inc., Two Sigma Advisers LP, Toronto Dominion Bank, Becker Capital Management Inc. and Bank of New York Mellon Corp.

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.

One share of MEOH stock can currently be purchased for approximately $57.98.

Methanex has a market capitalization of $4.48 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 1,357 workers across the globe.

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

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]