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

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

Methanex declared a quarterly dividend on Thursday, February 1st. Stockholders of record on Saturday, March 17th will be given a dividend of $0.33 per share on Saturday, March 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Thursday, March 15th. This is a positive change from Methanex's previous quarterly dividend of $0.30. View Methanex's Dividend History.

Methanex announced that its Board of Directors has approved a stock buyback plan on Tuesday, March 6th 2018, which allows the company to buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Methanex (NASDAQ:MEOH) posted its earnings results on Wednesday, April, 25th. The specialty chemicals company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by $0.05. The specialty chemicals company had revenue of $962 million for the quarter, compared to analyst estimates of $965.83 million. Methanex had a net margin of 10.34% and a return on equity of 22.72%. The firm's quarterly revenue was up 18.8% compared to the same quarter last year. During the same period in the previous year, the firm 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.

14 analysts have issued twelve-month target prices for Methanex's stock. Their predictions range from $36.00 to $75.00. On average, they anticipate Methanex's share price to reach $60.3077 in the next twelve months. View Analyst Ratings for Methanex.

Some companies that are related to Methanex include Westlake Chemical (WLK), International Flavors & Fragrances (IFF), Braskem (BAK), NewMarket (NEU), Sensient Technologies (SXT), Green Plains (GPRE), Westlake Chemical (WLKP), Codexis (CDXS), Green Plains Partners (GPP), FutureFuel (FF), Renewable Energy Group (REGI), REX American Resources (REX), Amyris Biotechnologies (AMRS), Sino United Worldwide Consolidated (SUIC) and Pacific Ethanol (PEIX).

Media headlines about MEOH stock have been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Methanex earned a news sentiment score of 0.04 on Accern's scale. They also gave news stories about the specialty chemicals company an impact score of 45.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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%). View Institutional Ownership Trends 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 $62.00.

Methanex has a market capitalization of $5.52 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 1,275 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]