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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
A gold storm is coming… (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
A gold storm is coming… (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
A gold storm is coming… (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
NASDAQ:MEOH

Methanex - MEOH Stock Forecast, Price & News

$50.29
+3.08 (+6.52%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$45.76
$51.31
50-Day Range
$35.82
$48.99
52-Week Range
$28.73
$56.79
Volume
1.02 million shs
Average Volume
313,296 shs
Market Capitalization
$3.48 billion
P/E Ratio
11.25
Dividend Yield
1.48%
Price Target
$46.33

Methanex MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
7.9% Downside
$46.33 Price Target
Short Interest
Healthy
1.53% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Methanex in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
62.78%
From $3.09 to $5.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Basic Materials Sector

135th out of 159 stocks

Industrial Organic Chemicals Industry

15th out of 19 stocks

MEOH stock logo

About Methanex (NASDAQ:MEOH) Stock

Methanex Corp. engages in the production and supply of methanol. The firm supplies in the international market such as North America, Asia Pacific, Europe, and South America. It also operates the methanol ocean tanker fleet. The company was founded on March 11, 1968 and is headquartered in Vancouver, Canada.

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MEOH Stock News Headlines

Methanex (NASDAQ:MEOH) Lifted to Buy at StockNews.com
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Methanex (MEOH) Q4 Earnings and Revenues Beat Estimates
Methanex (MEOH) Scheduled to Post Earnings on Thursday
Brokerages Set Methanex Co. (NASDAQ:MEOH) PT at $46.10
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Methanex Announces Changes to Executive Leadership Team
Methanex (MEOH) Misses Q3 Earnings Estimates
What 6 Analyst Ratings Have To Say About Methanex
See More Headlines
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MEOH Company Calendar

Ex-Dividend for 12/31 Dividend
12/15/2022
Dividend Payable
12/31/2022
Last Earnings
2/03/2023
Today
2/04/2023
Ex-Dividend for 3/31 Dividend
3/16/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Current Symbol
NASDAQ:MEOH
Employees
1,300
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$46.33
High Stock Price Forecast
$69.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
-7.9%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$482.36 million
Pretax Margin
16.59%

Debt

Sales & Book Value

Annual Sales
$4.31 billion
Cash Flow
$11.78 per share
Book Value
$26.27 per share

Miscellaneous

Free Float
68,594,000
Market Cap
$3.48 billion
Optionable
Optionable
Beta
1.66

Social Links


Key Executives

  • Rich Sumner
    President & Chief Executive Officer
  • Ian P. Cameron
    Chief Financial Officer & Senior VP-Finance
  • Kevin Price
    Secretary, General Counsel & Senior Vice President
  • Kevin Maloney
    Senior Vice President-Corporate Development
  • Jason Chesko
    Director-Global Market Development













MEOH Stock - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MEOH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEOH, but not buy additional shares or sell existing shares.
View MEOH analyst ratings
or view top-rated stocks.

What is Methanex's stock price forecast for 2023?

9 brokerages have issued 12-month target prices for Methanex's shares. Their MEOH share price forecasts range from $34.00 to $69.00. On average, they anticipate the company's stock price to reach $46.33 in the next year. This suggests that the stock has a possible downside of 7.9%.
View analysts price targets for MEOH
or view top-rated stocks among Wall Street analysts.

How have MEOH shares performed in 2023?

Methanex's stock was trading at $37.86 on January 1st, 2023. Since then, MEOH shares have increased by 32.8% and is now trading at $50.29.
View the best growth stocks for 2023 here
.

Are investors shorting Methanex?

Methanex saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,060,000 shares, an increase of 21.3% from the December 31st total of 873,900 shares. Based on an average daily trading volume, of 326,400 shares, the short-interest ratio is currently 3.2 days. Currently, 1.5% of the shares of the company are sold short.
View Methanex's Short Interest
.

When is Methanex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our MEOH earnings forecast
.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Friday, February, 3rd. The specialty chemicals company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.27. The specialty chemicals company earned $986 million during the quarter, compared to the consensus estimate of $878.55 million. Methanex had a trailing twelve-month return on equity of 20.91% and a net margin of 11.22%. The business's quarterly revenue was down 21.3% on a year-over-year basis. During the same period last year, the business earned $2.43 EPS.

How often does Methanex pay dividends? What is the dividend yield for Methanex?

Methanex announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.175 per share on Friday, March 31st. This represents a $0.70 annualized dividend and a yield of 1.39%. The ex-dividend date is Thursday, March 16th.
Read our dividend analysis for MEOH
.

Is Methanex a good dividend stock?

Methanex (NASDAQ:MEOH) pays an annual dividend of $0.70 per share and currently has a dividend yield of 1.43%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 22.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MEOH.

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), AT&T (T), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and NIC (EGOV).

What is Methanex's stock symbol?

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

Who are Methanex's major shareholders?

Methanex's stock is owned by many different institutional and retail investors. Top institutional shareholders include M&G Investment Management Ltd. (20.13%), Bank of Montreal Can (1.26%), Addenda Capital Inc. (0.23%), National Bank of Canada FI (0.06%), Ritholtz Wealth Management (0.04%) and Pinnacle Associates Ltd. (0.03%).

How do I buy shares of Methanex?

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

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $50.29.

How much money does Methanex make?

Methanex (NASDAQ:MEOH) has a market capitalization of $3.48 billion and generates $4.58 billion in revenue each year. The specialty chemicals company earns $482.36 million in net income (profit) each year or $4.47 on an earnings per share basis.

How many employees does Methanex have?

The company employs 1,300 workers across the globe.

How can I contact Methanex?

Methanex's mailing address is 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1. The official website for the company is www.methanex.com. The specialty chemicals company can be reached via phone at (604) 661-2600, via email at invest@methanex.com, or via fax at 604-661-2676.

This page (NASDAQ:MEOH) was last updated on 2/4/2023 by MarketBeat.com Staff