Methanex Stock Forecast, Price & News

Methanex (NASDAQ:MEOH) Frequently Asked Questions

Is Methanex a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Methanex stock.
View analyst ratings for Methanex or view top-rated stocks.

How has Methanex's stock price been impacted by Coronavirus?

Methanex's stock was trading at $17.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MEOH stock has increased by 140.1% and is now trading at $41.81.
View which stocks have been most impacted by COVID-19.

When is Methanex's next earnings date?

Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Methanex.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Tuesday, October, 26th. The specialty chemicals company reported $1.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.32 by $0.03. The specialty chemicals company earned $1.08 billion during the quarter, compared to the consensus estimate of $984.45 million. Methanex had a net margin of 6.44% and a trailing twelve-month return on equity of 17.43%. Methanex's revenue for the quarter was up 85.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.03) EPS.
View Methanex's earnings history.

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

Methanex declared a quarterly dividend on Wednesday, November 17th. Stockholders of record on Friday, December 17th will be given a dividend of $0.125 per share on Friday, December 31st. This represents a $0.50 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, December 16th.
View Methanex's dividend history.

Is Methanex a good dividend stock?

Methanex pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.19%. Methanex 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 of Methanex is 16.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Methanex will have a dividend payout ratio of 9.98% next year. This indicates that Methanex will be able to sustain or increase its dividend.
View Methanex's dividend history.

What price target have analysts set for MEOH?

12 brokerages have issued 12-month target prices for Methanex's shares. Their forecasts range from $44.00 to $62.00. On average, they expect Methanex's stock price to reach $54.55 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price.
View analysts' price targets for Methanex or view top-rated stocks among Wall Street analysts.

Who are Methanex's key executives?

Methanex's management team includes the following people:

• John N. Floren, President, Chief Executive Officer & Director
• Ian P. Cameron, Chief Financial Officer & Senior VP-Finance
• Vanessa L. James, Senior VP-Corporate Development & Sustainability
• Jason Chesko, Senior Manager-Global Market Development
• Kevin Henderson, SVP-Manufacturing

Who are some of Methanex's key competitors?

Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BAK), Braskem (BRKMY), Sensient Technologies (SXT), NewMarket (NEU), Renewable Energy Group (REGI), Codexis (CDXS), Green Plains (GPRE), Amyris (AMRS), Gevo (GEVO), Origin Materials (ORGN), Cyclo Therapeutics (CTDH), Westlake Chemical Partners (WLKP), Aemetis (AMTX) and REX American Resources (REX).
View all of MEOH's competitors.

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 a variety of institutional and retail investors. Top institutional investors include M&G Investment Management Ltd. (19.44%), FIL Ltd (11.47%), Wellington Management Group LLP (6.93%), Royal Bank of Canada (2.46%), Mackenzie Financial Corp (1.73%) and Connor Clark & Lunn Investment Management Ltd. (1.71%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Marshall Wace LLP, Renaissance Technologies LLC, Russell Investments Group Ltd., Goldman Sachs Group Inc., Squarepoint Ops LLC, Voloridge Investment Management LLC, and Deutsche Bank AG.

Which institutional investors are buying Methanex stock?

MEOH stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Royal Bank of Canada, Mackenzie Financial Corp, Two Sigma Investments LP, Millennium Management LLC, Wellington Management Group LLP, Balyasny Asset Management LLC, and Hillsdale Investment Management Inc..

How do I buy shares of Methanex?

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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What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $41.81.

How much money does Methanex make?

Methanex has a market capitalization of $3.17 billion and generates $2.65 billion in revenue each year. The specialty chemicals company earns $-156.68 million in net income (profit) each year or $3.08 on an earnings per share basis.

How many employees does Methanex have?

Methanex employs 1,489 workers across the globe.

When was Methanex founded?

Methanex was founded in 1968.

What is Methanex's official website?

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

Where are Methanex's headquarters?

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

How can I contact Methanex?

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, via email at [email protected], or via fax at 604-661-2676.