Methanex Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Methanex stock. 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.
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Methanex saw a drop in short interest in March. As of March 15th, there was short interest totaling 1,120,000 shares, a drop of 34.9% from the February 28th total of 1,720,000 shares. Based on an average daily trading volume, of 415,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.5% of the company's shares are short sold.
View Methanex's Short Interest.

Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Methanex.

Methanex will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Methanex Co. (NASDAQ:MEOH) released its earnings results on Tuesday, January, 26th. The specialty chemicals company reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.05. The specialty chemicals company earned $811.32 million during the quarter, compared to analyst estimates of $631.91 million. Methanex had a negative trailing twelve-month return on equity of 7.82% and a negative net margin of 4.84%. During the same quarter last year, the business earned $0.13 EPS.
View Methanex's earnings history.

Methanex's stock was trading at $17.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MEOH stock has increased by 128.5% and is now trading at $39.79.
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Methanex declared a quarterly dividend on Monday, February 1st. Shareholders of record on Wednesday, March 17th will be given a dividend of $0.0375 per share on Wednesday, March 31st. This represents a $0.15 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend is Tuesday, March 16th. This is an increase from Methanex's previous quarterly dividend of $0.03.
View Methanex's dividend history.

Methanex pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.38%. Methanex does not yet have a strock track record of dividend growth. The dividend payout ratio of Methanex is 16.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Methanex will have a dividend payout ratio of 7.39% next year. This indicates that Methanex will be able to sustain or increase its dividend.
View Methanex's dividend history.

13 equities research analysts have issued 1 year price objectives for Methanex's stock. Their forecasts range from $11.00 to $60.00. On average, they anticipate Methanex's share price to reach $44.67 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
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Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BAK), Braskem (BRKMY), Amyris (AMRS), NewMarket (NEU), Sensient Technologies (SXT), Renewable Energy Group (REGI), Gevo (GEVO), Codexis (CDXS), Cyclo Therapeutics (CTDH), Green Plains (GPRE), Westlake Chemical Partners (WLKP), SolarWindow Technologies (WNDW), Aemetis (AMTX) and FutureFuel (FF).
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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).

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

Shares of MEOH 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.
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One share of MEOH stock can currently be purchased for approximately $39.79.

Methanex has a market capitalization of $3.03 billion and generates $2.78 billion in revenue each year. The specialty chemicals company earns $87.77 million in net income (profit) each year or $0.93 on an earnings per share basis.

Methanex employs 1,489 workers across the globe.

The official website for Methanex is www.methanex.com.

Methanex is headquartered at 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1.

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]