About Methanex (NASDAQ:MEOH)

Methanex Corporation produces and sells methanol in North America, the Asia Pacific, Europe, and South America. It also purchases and sells methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.
Industry, Sector and Symbol
Industry Industrial organic chemicals
Sub-IndustryN/A
SectorBasic Materials
SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600
Debt
Debt-to-Equity Ratio0.83%
Current Ratio1.66%
Quick Ratio1.25%
Price-To-Earnings
Trailing P/E Ratio13.99
Forward P/E Ratio10.38
P/E Growth0.7
Sales & Book Value
Annual Sales$3.06 billion
Price / Sales1.80
Cash Flow$7.54 per share
Price / Cash8.74
Book Value$20.79 per share
Price / Book3.17
Profitability
EPS (Most Recent Fiscal Year)$4.71
Net Income$316.13 million
Net Margins10.34%
Return on Equity22.72%
Return on Assets8.84%
Miscellaneous
Employees1,275
Outstanding Shares83,780,000
Methanex (NASDAQ:MEOH) Frequently Asked Questions
What is Methanex's stock symbol?
Methanex trades on the NASDAQ under the ticker symbol "MEOH."
How often does Methanex pay dividends? What is the dividend yield for Methanex?
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 2.00%. The ex-dividend date is Thursday, March 15th. This is an increase from Methanex's previous quarterly dividend of $0.30. View Methanex's Dividend History.
How will Methanex's stock buyback program work?
Methanex announced that its board has initiated a stock buyback 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 buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.
How were Methanex's earnings last quarter?
Methanex (NASDAQ:MEOH) issued its earnings results on Wednesday, January, 31st. The specialty chemicals company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.51. The specialty chemicals company had revenue of $861 million for the quarter, compared to the consensus estimate of $796.57 million. Methanex had a net margin of 10.34% and a return on equity of 22.72%. The firm's revenue for the quarter was up 47.2% on a year-over-year basis. During the same period last year, the business posted $0.46 EPS. View Methanex's Earnings History.
When is Methanex's next earnings date?
What price target have analysts set for MEOH?
14 analysts have issued 12-month price objectives for Methanex's stock. Their predictions range from $36.00 to $75.00. On average, they anticipate Methanex's stock price to reach $60.0769 in the next twelve months. View Analyst Ratings for Methanex.
Who are some of Methanex's key competitors?
Some companies that are related to Methanex include Westlake Chemical (WLK), International Flavors & Fragrances (IFF), Braskem (BAK), NewMarket (NEU), Sensient Technologies (SXT), Westlake Chemical (WLKP), Green Plains (GPRE), 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).
Who are Methanex's key executives?
Methanex's management team includes the folowing people:
- Mr. John N. Floren, Pres, CEO & Director (Age 59)
- Mr. Ian P. Cameron, Sr. VP of Fin. & CFO
- Mr. Michael J. Herz, Sr. VP of Corp. Devel.
- Ms. Vanessa L. James, Sr. VP of Global Marketing & Logistics
- Mr. Kevin Price, Gen. Counsel & Corp. Sec.
Has Methanex been receiving favorable news coverage?
News headlines about MEOH stock have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Methanex earned a media sentiment score of 0.05 on Accern's scale. They also gave media headlines about the specialty chemicals company an impact score of 45.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Methanex's major shareholders?
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Methanex's stock price today?
One share of MEOH stock can currently be purchased for approximately $65.90.
How big of a company is Methanex?
Methanex has a market capitalization of $5.60 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.
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 or via email at [email protected]
MarketBeat Community Rating for Methanex (MEOH)
MarketBeat's community ratings are surveys of what our community members think about Methanex and other stocks. Vote "Outperform" if you believe MEOH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEOH will underperform the S&P 500 over the long term. You may vote once every thirty days.
Methanex (NASDAQ:MEOH) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for Methanex in the last 12 months. Their average twelve-month price target is $60.0769, suggesting that the stock has a possible downside of 8.84%. The high price target for MEOH is $75.00 and the low price target for MEOH is $36.00. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Hold | Hold | Hold | Hold |
Consensus Rating Score: | 2.21 | 2.21 | 2.21 | 2.43 |
Ratings Breakdown: | 2 Sell Rating(s) 7 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s) | 2 Sell Rating(s) 7 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s) | 2 Sell Rating(s) 7 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s) | 2 Sell Rating(s) 4 Hold Rating(s) 8 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $60.0769 | $59.1429 | $57.2143 | $55.3929 |
Price Target Upside: | 8.84% downside | 7.43% upside | 6.67% downside | 9.80% upside |
Methanex (NASDAQ:MEOH) Consensus Price Target History

Methanex (NASDAQ:MEOH) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Methanex (NASDAQ:MEOH) Dividend Information
Methanex pays an annual dividend of $1.32 per share, with a dividend yield of 2.00%. MEOH's most recent quarterly dividend payment was Saturday, March 31. Methanex pays out 28.03% of its earnings out as a dividend.
Most Recent Dividend: | 3/31/2018 |
Annual Dividend: | $1.32 |
Dividend Yield: | 2.00% |
Payout Ratio: | 28.03% (Trailing 12 Months of Earnings) 20.79% (Based on This Year's Estimates) 23.83% (Based on Next Year's Estimates)
|
Methanex (NASDAQ:MEOH) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
2/1/2018 | quarterly | $0.33 | 2.1% | 3/15/2018 | 3/17/2018 | 3/31/2018 |
11/16/2017 | quarterly | $0.30 | 2.4% | 12/14/2017 | 12/17/2017 | 12/31/2017 |
7/21/2017 | quarterly | $0.30 | 2.62% | 9/14/2017 | 9/16/2017 | 9/30/2017 |
4/28/2017 | quarterly | $0.30 | 2.61% | 6/14/2017 | 6/16/2017 | 6/30/2017 |
1/27/2017 | quarterly | $0.2750 | 2.19% | 3/15/2017 | 3/17/2017 | 3/31/2017 |
11/18/2016 | quarterly | $0.2750 | 2.9% | 12/14/2016 | 12/17/2016 | 12/31/2016 |
7/15/2016 | quarterly | $0.2750 | 3.74% | 9/14/2016 | 9/16/2016 | 9/30/2016 |
4/29/2016 | quarterly | $0.2750 | 3.15% | 6/14/2016 | 6/16/2016 | 6/30/2016 |
1/29/2016 | quarterly | $0.2750 | 4.15% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
11/20/2015 | quarterly | $0.2750 | 2.98% | 12/15/2015 | 12/17/2015 | 12/31/2015 |
7/17/2015 | quarterly | $0.2750 | 2.28% | 9/14/2015 | 9/16/2015 | 9/30/2015 |
5/1/2015 | quarterly | $0.2750 | 1.81% | 6/12/2015 | 6/16/2015 | 6/30/2015 |
1/30/2015 | quarterly | $0.25 | 2.27% | 3/13/2015 | 3/17/2015 | 3/31/2015 |
12/1/2014 | quarterly | $0.25 | 1.97% | 12/15/2014 | 12/17/2014 | 12/31/2014 |
7/18/2014 | quarterly | $0.25 | 1.51% | 9/12/2014 | 9/16/2014 | 9/30/2014 |
4/29/2014 | quarterly | $0.25 | 1.61% | 6/12/2014 | 6/16/2014 | 6/30/2014 |
1/30/2014 | quarterly | $0.20 | 1.34% | 3/13/2014 | 3/17/2014 | 3/31/2014 |
11/29/2013 | quarterly | $0.20 | 1.3% | 12/13/2013 | 12/17/2013 | 12/31/2013 |
7/19/2013 | quarterly | $0.20 | 1.76% | 9/12/2013 | 9/16/2013 | 9/30/2013 |
4/25/2013 | quarterly | $0.20 | 1.9% | 6/12/2013 | 6/16/2013 | 6/30/2013 |
1/31/2013 | quarterly | $0.1850 | 2.11% | 3/13/2013 | 3/17/2013 | 3/31/2013 |
(Data available from 1/1/2013 forward)
Methanex (NASDAQ MEOH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 81.30%
Methanex (NASDAQ MEOH) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
(Data available from 1/1/2013 forward)
Methanex (NASDAQ MEOH) News Headlines
Source: |
|
Date | Headline |
---|
 | Methanex (MEOH) PT Set at $69.50 by Scotiabank www.americanbankingnews.com - April 24 at 2:28 PM |
 | PPG Industries (PPG) Misses Q1 Earnings Estimates, Sales Beat finance.yahoo.com - April 20 at 8:36 AM |
 | Steel Dynamics (STLD) Q1 Earnings Top on Strong Demand www.zacks.com - April 19 at 8:26 AM |
 | Cabot (CBT) Bolsters Specialty Compounds Business Globally www.zacks.com - April 18 at 8:26 AM |
 | Methanex (MEOH) Set to Announce Earnings on Wednesday www.americanbankingnews.com - April 18 at 4:38 AM |
 | Methanex (MEOH) Given New $50.00 Price Target at Royal Bank of Canada www.americanbankingnews.com - April 17 at 7:34 PM |
 | Analysts Anticipate Methanex (MEOH) Will Announce Earnings of $2.12 Per Share www.americanbankingnews.com - April 17 at 11:19 AM |
 | Cowen Increases Methanex (MEOH) Price Target to $75.00 www.americanbankingnews.com - April 17 at 8:49 AM |
 | DowDuPont (DWDP) Plans to Invest $100M in Facility Expansion finance.yahoo.com - April 16 at 5:13 PM |
 | Methanex (MEOH) PT Set at $65.00 by Alembic Global Advisors www.americanbankingnews.com - April 15 at 3:27 PM |
 | Methanex (MEOH) Downgraded to Sell at BidaskClub www.americanbankingnews.com - April 14 at 10:19 PM |
 | Methanex (MEOH) Hits New 52-Week High: What's Driving It? www.nasdaq.com - April 13 at 5:23 PM |
 | Market Trends Toward New Normal in Argo Group International, Methanex, Industrias Bachoco, SA de CV, CRISPR ... globenewswire.com - April 12 at 8:54 AM |
 | Market Trends Toward New Normal in Argo Group International, Methanex, Industrias Bachoco, S.A. de C.V, CRISPR Therapeutics AG, Astec Industries, and Sprague Resources LP — Emerging Consolidated Expectations, Analyst Ratings finance.yahoo.com - April 12 at 8:54 AM |
 | Methanex (MEOH) Given New $69.00 Price Target at TD Securities www.americanbankingnews.com - April 11 at 2:19 PM |
 | Methanex (MEOH) Upgraded to Strong-Buy by BidaskClub www.americanbankingnews.com - April 10 at 3:27 PM |
 | Zacks.com featured highlights include: HD Supply, Arch Coal, Fiat, Methanex and Korn/Ferry finance.yahoo.com - April 10 at 8:40 AM |
 | Beat the Market With 5 Stocks Having Relative Price Strength finance.yahoo.com - April 9 at 8:32 AM |
 | Methanex (MEOH) Price Target Raised to $60.00 www.americanbankingnews.com - April 8 at 10:46 PM |
 | Methanex (MEOH) Up 29% in 6 Months: What's Behind the Rally? www.zacks.com - April 6 at 8:40 AM |
 | Methanex Co. (MEOH) Receives Average Recommendation of "Hold" from Brokerages www.americanbankingnews.com - April 5 at 10:16 AM |
 | ValuEngine Upgrades Methanex (MEOH) to Strong-Buy www.americanbankingnews.com - April 3 at 12:10 PM |
 | Methanex (MEOH) Stock Rating Lowered by Raymond James Financial www.americanbankingnews.com - April 2 at 8:04 PM |
 | Methyl Alcohol Market to Witness Swift Growth Owing to Enhanced Application Scope From Various Sectors: Radiant Insights, Inc. www.prnewswire.com - April 2 at 8:52 AM |
 | Brokerages Anticipate Methanex Co. (MEOH) Will Announce Earnings of $2.12 Per Share www.americanbankingnews.com - March 31 at 11:14 AM |
 | Methanex (MEOH) Price Target Raised to $72.00 at Jefferies Group www.americanbankingnews.com - March 31 at 12:12 AM |
 | Methanex (MEOH) Rating Lowered to Buy at BidaskClub www.americanbankingnews.com - March 30 at 2:19 PM |
 | Methanex (MEOH) Cut to Neutral at CIBC www.americanbankingnews.com - March 30 at 1:46 PM |
 | Methanex (MEOH) Stock Rating Lowered by TD Securities www.americanbankingnews.com - March 30 at 1:14 PM |
 | Cowen Reiterates Outperform Rating for Methanex (MEOH) www.americanbankingnews.com - March 29 at 5:16 PM |
 | Methanex Target of Unusually Large Options Trading (MEOH) www.americanbankingnews.com - March 29 at 6:45 AM |
 | Methanex Co. (MEOH) to Post Q1 2018 Earnings of $1.98 Per Share, Jefferies Group Forecasts www.americanbankingnews.com - March 26 at 1:04 AM |
 | Scotiabank Reaffirms "Hold" Rating for Methanex (MEOH) www.americanbankingnews.com - March 26 at 12:04 AM |
 | Methanex (MEOH) Up 32% in a Year: What's Driving the Stock? www.nasdaq.com - March 24 at 5:08 PM |
 | Methanex (MEOH) Upgraded to Buy by BidaskClub www.americanbankingnews.com - March 23 at 7:56 PM |
 | Here's Why You Should Add Methanex (MEOH) to Your Portfolio - Nasdaq www.nasdaq.com - March 23 at 8:31 AM |
 | Methanex (MEOH) Up 32% in a Year: What's Driving the Stock? finance.yahoo.com - March 23 at 8:30 AM |
 | Methanex Co. (MEOH) Forecasted to Post Q2 2018 Earnings of $1.54 Per Share www.americanbankingnews.com - March 23 at 8:28 AM |
 | Analysts Expect Methanex Co. (MEOH) Will Announce Earnings of $2.07 Per Share www.americanbankingnews.com - March 14 at 4:39 PM |
 | The Zacks Analyst Blog Highlights: Methanex, Crescent Point Energy, Waste Connections, Just Energy Group and Toronto-Dominion Bank finance.yahoo.com - March 13 at 8:37 AM |
 | Tariff Relief & Strong Economy Boost Canada: 5 Top Stocks finance.yahoo.com - March 12 at 10:27 AM |
 | Methanex Co. (MEOH) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - March 11 at 8:36 AM |
 | 3 Days Left Before Methanex Corporation (TSE:MX) Will Start Trading Ex-Dividend, Should You Buy? finance.yahoo.com - March 11 at 8:26 AM |
 | Kraton (KRA) Completes Amendments to Term Loan Facility finance.yahoo.com - March 9 at 8:35 AM |
 | Methanex (MEOH) Board Approves New Share Repurchase Program - Nasdaq www.nasdaq.com - March 7 at 8:29 AM |
 | Ashland (ASH) Relaunches Color Tinting Service Instint finance.yahoo.com - March 7 at 8:29 AM |
 | Scotiabank Analysts Give Methanex (MEOH) a $67.50 Price Target www.americanbankingnews.com - March 6 at 2:34 PM |
 | Methanex (MEOH) to Repurchase 6,590,000 Outstanding Stock www.americanbankingnews.com - March 6 at 11:21 AM |
 | Methanex (MEOH) Announces 10% Share Repurchase Program - StreetInsider.com www.streetinsider.com - March 6 at 8:26 AM |
 | Comparing Celanese (CE) & Methanex (MEOH) www.americanbankingnews.com - March 5 at 11:12 PM |
Methanex (NASDAQ:MEOH) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Methanex (NASDAQ:MEOH) Income Statement, Balance Sheet and Cash Flow Statement
Methanex (NASDAQ MEOH) Stock Chart for Wednesday, April, 25, 2018
Loading chart…