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

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

Methanex declared a quarterly dividend on Friday, February 1st. Shareholders 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 yield of 2.27%. The ex-dividend date of this dividend is Thursday, March 14th. View Methanex's Dividend History.

Methanex declared that its board has initiated a stock buyback program on Tuesday, March 6th 2018, which authorizes the company to buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are 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 the Zacks' consensus estimate of $1.75 by $0.60. The specialty chemicals company had revenue of $977 million for the quarter, compared to analyst estimates of $986.13 million. Methanex had a return on equity of 31.00% and a net margin of 14.48%. The firm's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior 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.

Methanex will be holding an earnings conference call on Thursday, April 25th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

13 analysts have issued 12 month price targets for Methanex's stock. Their forecasts range from $62.00 to $90.00. On average, they anticipate Methanex's stock price to reach $77.1667 in the next twelve months. This suggests a possible upside of 32.7% 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.

News headlines about MEOH stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Methanex earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned news stories about the specialty chemicals company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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), Amyris (AMRS), Green Plains Partners (GPP), Sino United Worldwide Consolidated (SUIC) 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), Workday (WDAY) and YY (YY).

Methanex's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.38%), Westbourne Investment Advisors Inc. (0.05%) and Eqis Capital Management Inc. (0.01%).

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Westbourne Investment Advisors Inc. and Eqis Capital Management 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, Scottrade, Fidelity and Charles Schwab.

One share of MEOH stock can currently be purchased for approximately $58.17.

Methanex has a market capitalization of $4.49 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.

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]