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

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

Methanex declared 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 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Thursday, June 14th. View Methanex's Dividend History.

Methanex declared that its Board of Directors has approved a share repurchase plan 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 buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

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

12 brokers have issued 1 year price objectives for Methanex's shares. Their forecasts range from $44.00 to $80.00. On average, they expect Methanex's share price to reach $67.4091 in the next twelve months. View Analyst Ratings for Methanex.

Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BAK), International Flavors & Fragrances (IFF), NewMarket (NEU), Sensient Technologies (SXT), Green Plains (GPRE), Codexis (CDXS), Westlake Chemical Partners (WLKP), 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).

Press coverage about MEOH stock has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than 20 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 nearest to one being the most favorable. Methanex earned a coverage optimism score of 0.05 on Accern's scale. They also gave news headlines about the specialty chemicals company an impact score of 44.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Methanex's stock is owned by a number of of retail and institutional investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (19.47%), M&G INVESTMENT MANAGEMENT LTD (18.44%), Boston Partners (4.51%), Royal Bank of Canada (2.38%), Neuberger Berman Group LLC (1.53%) and Great West Life Assurance Co. Can (1.34%). View Institutional Ownership Trends for Methanex.

MEOH stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, FIL Ltd, Neuberger Berman Group LLC, Royal Bank of Canada, AGF Investments Inc., Becker Capital Management Inc., State of Wisconsin Investment Board and Great West Life Assurance Co. Can. View Insider Buying and Selling for Methanex.

MEOH stock was purchased by a variety of institutional investors in the last quarter, including CIBC World Markets Inc., Brightline Capital Management LLC, O Shaughnessy Asset Management LLC, JPMorgan Chase & Co., Systematic Financial Management LP, Korea Investment CORP, Toronto Dominion Bank and Franklin Resources Inc.. 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 $69.75.

Methanex has a market capitalization of $5.64 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]