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 paid a dividend of $0.33 per share on Sunday, March 31st. This represents a $1.32 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Thursday, March 14th. View Methanex's Dividend History.

Methanex declared that its Board of Directors has approved a stock repurchase program on Tuesday, March 6th 2018, which permits the company to repurchase 6,590,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Methanex Co. (NASDAQ:MEOH) issued its earnings results on Wednesday, April, 24th. The specialty chemicals company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.02. The specialty chemicals company had revenue of $773 million for the quarter, compared to analysts' expectations of $790 million. Methanex had a return on equity of 31.00% and a net margin of 14.48%. The company's revenue for the quarter was down 19.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.03 earnings per share. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Methanex.

14 brokers have issued 12-month price objectives for Methanex's shares. Their forecasts range from $45.00 to $90.00. On average, they anticipate Methanex's share price to reach $74.6923 in the next year. This suggests a possible upside of 37.8% from the stock's current price. View Analyst Price Targets for Methanex.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

News stories about MEOH stock have been trending somewhat positive on Thursday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing 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 daily sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the specialty chemicals company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near 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 many different of institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.38%), Westbourne Investment Advisors Inc. (0.05%), Oppenheimer & Co. Inc. (0.02%), BB&T Corp (0.02%), Eqis Capital Management Inc. (0.01%) and Brinker Capital Inc. (0.01%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Oppenheimer & Co. Inc. and BB&T Corp.

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Westbourne Investment Advisors Inc., Eqis Capital Management Inc. and Brinker Capital 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 $54.20.

Methanex has a market capitalization of $4.19 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]