NASDAQ:MEOH - Methanex Stock Price, Price Target & More

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

Methanex announced a quarterly dividend on Wednesday, April 25th. Shareholders of record on Saturday, June 16th will be paid a dividend of $0.33 per share on Saturday, June 30th. This represents a $1.32 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Thursday, June 14th. View Methanex's Dividend History.

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

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, April, 25th. The specialty chemicals company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by $0.05. The specialty chemicals company earned $962 million during the quarter, compared to analyst estimates of $965.83 million. Methanex had a net margin of 11.00% and a return on equity of 24.47%. The business's revenue for the quarter was up 18.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.56 earnings per share. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Methanex.

13 brokers have issued twelve-month target prices for Methanex's shares. Their forecasts range from $44.00 to $80.00. On average, they expect Methanex's share price to reach $68.4583 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View Analyst Ratings 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."

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

News headlines about MEOH stock have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Methanex earned a news impact score of 0.16 on Accern's scale. They also gave news stories about the specialty chemicals company an impact score of 46.25 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Methanex's stock is owned by many different of institutional and retail investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (18.44%), Addenda Capital Inc. (0.59%), Boston Advisors LLC (0.32%), Addenda Capital Inc. (0.26%), Montrusco Bolton Investments Inc. (0.08%) and Gulf International Bank UK Ltd (0.03%). View Institutional Ownership Trends for Methanex.

MEOH stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc. and Gulf International Bank UK Ltd. View Insider Buying and Selling for Methanex.

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Montrusco Bolton Investments Inc., Boston Advisors LLC, Assenagon Asset Management S.A. and Nwam LLC. View Insider Buying and Selling for 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.

One share of MEOH stock can currently be purchased for approximately $71.00.

Methanex has a market capitalization of $5.79 billion and generates $3.06 billion in revenue each year. The specialty chemicals company earns $316.13 million in net income (profit) each year or $4.71 on an earnings per share basis. Methanex employs 1,357 workers across the globe.

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]