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

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

Methanex declared a quarterly dividend on Thursday, July 18th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.36 per share on Monday, September 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date is Friday, September 13th. View Methanex's Dividend History.

Methanex declared that its board has approved a share repurchase program on Tuesday, March 6th 2018, which permits the company to buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Methanex Co. (NASDAQ:MEOH) announced its earnings results on Wednesday, July, 31st. The specialty chemicals company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.50 by $0.16. The specialty chemicals company earned $734 million during the quarter, compared to analysts' expectations of $719.86 million. Methanex had a return on equity of 18.33% and a net margin of 10.81%. The firm's revenue was down 22.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.75 earnings per share. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Methanex.

Methanex will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 Wall Street analysts have issued 12-month price objectives for Methanex's stock. Their predictions range from $26.00 to $84.00. On average, they anticipate Methanex's share price to reach $51.57 in the next twelve months. This suggests a possible upside of 45.6% from the stock's current price. View Analyst Price Targets for Methanex.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Media stories about MEOH stock have trended somewhat negative on Saturday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methanex earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Methanex.

Methanex saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,390,000 shares, an increase of 29.9% from the August 30th total of 1,070,000 shares. Based on an average daily volume of 438,300 shares, the short-interest ratio is currently 3.2 days. Currently, 1.8% of the company's stock are short sold. View Methanex's Current Options Chain.

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

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 Allergan (AGN).

Methanex's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ingalls & Snyder LLC (0.25%), Winmill & CO. Inc. (0.08%), Assenagon Asset Management S.A. (0.03%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Envestnet Asset Management Inc. (0.01%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Zurcher Kantonalbank Zurich Cantonalbank , Ingalls & Snyder LLC and Envestnet Asset Management Inc..

MEOH stock was bought by a variety of institutional investors in the last quarter, including Winmill & CO. Inc..

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, Robinhood, Fidelity and Charles Schwab.

One share of MEOH stock can currently be purchased for approximately $35.42.

Methanex has a market capitalization of $2.70 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.

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]