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 given a dividend of $0.36 per share on Monday, September 30th. This represents a $1.44 annualized dividend and a dividend yield of 4.09%. The ex-dividend date is Friday, September 13th. View Methanex's Dividend History.

Methanex declared that its Board of Directors has approved a share buyback program on Tuesday, March 6th 2018, which permits the company to repurchase 6,590,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are 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 the consensus estimate of $719.86 million. Methanex had a return on equity of 18.33% and a net margin of 10.81%. The business's revenue for the quarter was down 22.7% on a year-over-year basis. During the same quarter last year, the business earned $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 brokerages have issued 12-month price objectives for Methanex's shares. Their predictions range from $26.00 to $84.00. On average, they anticipate Methanex's share price to reach $51.50 in the next year. This suggests a possible upside of 46.3% 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.

News headlines about MEOH stock have trended negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Methanex earned a news impact score of -2.5 on InfoTrie's scale. They also gave media stories about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Methanex.

Methanex saw a increase in short interest in 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 trading volume, of 438,300 shares, the short-interest ratio is presently 3.2 days. Currently, 1.8% of the shares of the company are sold short. 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 investors include Ingalls & Snyder LLC (0.25%), Westbourne Investment Advisors Inc. (0.13%), 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, Virginia Retirement Systems ET AL and Envestnet Asset Management Inc..

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Winmill & CO. Inc. and Westbourne Investment Advisors 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 $35.19.

Methanex has a market capitalization of $2.68 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]