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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
CEO of biggest PE firm predicts “social unrest” (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
CEO of biggest PE firm predicts “social unrest” (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
CEO of biggest PE firm predicts “social unrest” (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
NASDAQ:MEOH

Methanex - MEOH Stock Forecast, Price & News

$30.93
+1.55 (+5.28%)
(As of 09/27/2022 12:00 AM ET)
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Compare
Today's Range
$29.77
$30.96
50-Day Range
$28.97
$41.05
52-Week Range
$28.73
$56.79
Volume
593,941 shs
Average Volume
422,401 shs
Market Capitalization
$2.17 billion
P/E Ratio
4.80
Dividend Yield
2.38%
Price Target
$50.92

Methanex MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
64.6% Upside
$50.92 Price Target
Short Interest
Healthy
2.43% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Methanex in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-22.20%
From $4.64 to $3.61 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Basic Materials Sector

30th out of 167 stocks

Industrial Organic Chemicals Industry

3rd out of 20 stocks

MEOH stock logo

About Methanex (NASDAQ:MEOH) Stock

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.

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MEOH Stock News Headlines

Methanex (NASDAQ:MEOH) Upgraded by Scotiabank to Sector Outperform
Methanex Becomes Oversold
Methanex (NASDAQ:MEOH) Rating Increased to Buy at StockNews.com
Short Interest in Methanex Co. (NASDAQ:MEOH) Increases By 8.8%
Methanex President, CEO John Floren to Retire Dec. 31
Methanex Corporation (MEOH)
See More Headlines
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MEOH Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2022
Dividend Payable
6/30/2022
Last Earnings
7/27/2022
Ex-Dividend for 9/30 Dividend
9/15/2022
Today
9/28/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Current Symbol
NASDAQ:MEOH
Employees
1,300
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$50.92
High Stock Price Forecast
$73.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+64.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$482.36 million
Pretax Margin
15.36%

Debt

Sales & Book Value

Annual Sales
$4.41 billion
Cash Flow
$11.67 per share
Book Value
$26.27 per share

Miscellaneous

Free Float
69,427,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
1.66

Social Links


Key Executives

  • Mr. John N. Floren (Age 63)
    Pres, CEO & Director
    Comp: $3.64M
  • Mr. Ian P. Cameron
    Sr. VP of Fin. & CFO
  • Ms. Vanessa L. James
    Sr. VP of Corp. Devel. & Sustainability
  • Mr. Kevin L. Henderson
    Sr. VP of Manufacturing
  • Mr. Bradley W. Boyd
    Sr. VP of Corp. Resources
  • Sarah Herriott
    Director of Investor Relations
  • Mr. Kevin Price
    Gen. Counsel & Corp. Sec.
  • Mr. Richard W. Sumner
    Sr. VP of Global Marketing & Logistics













MEOH Stock - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 2 sell ratings, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MEOH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEOH, but not buy additional shares or sell existing shares.
View MEOH analyst ratings
or view top-rated stocks.

What is Methanex's stock price forecast for 2022?

12 Wall Street research analysts have issued 12-month price objectives for Methanex's stock. Their MEOH share price forecasts range from $34.00 to $73.00. On average, they expect the company's stock price to reach $50.92 in the next year. This suggests a possible upside of 64.6% from the stock's current price.
View analysts price targets for MEOH
or view top-rated stocks among Wall Street analysts.

How have MEOH shares performed in 2022?

Methanex's stock was trading at $39.55 at the start of the year. Since then, MEOH shares have decreased by 21.8% and is now trading at $30.93.
View the best growth stocks for 2022 here
.

When is Methanex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MEOH earnings forecast
.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) issued its quarterly earnings results on Wednesday, July, 27th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.85 by $0.69. The specialty chemicals company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.18 billion. Methanex had a trailing twelve-month return on equity of 24.76% and a net margin of 11.10%.

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

Methanex announced a quarterly dividend on Thursday, July 14th. Shareholders of record on Friday, September 16th will be given a dividend of $0.175 per share on Friday, September 30th. This represents a $0.70 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Thursday, September 15th. This is a positive change from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for MEOH
.

Is Methanex a good dividend stock?

Methanex (NASDAQ:MEOH) pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.38%. The company 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 is 10.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 19.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MEOH.

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. (20.18%), FMR LLC (5.77%), Mackenzie Financial Corp (1.21%), Scheer Rowlett & Associates Investment Management Ltd. (1.06%), Granite Investment Partners LLC (1.00%) and Connor Clark & Lunn Investment Management Ltd. (0.80%).

How do I buy shares of Methanex?

Shares of MEOH stock 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.
Compare Top Brokerages Here.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $30.93.

How much money does Methanex make?

Methanex (NASDAQ:MEOH) has a market capitalization of $2.17 billion and generates $4.41 billion in revenue each year. The specialty chemicals company earns $482.36 million in net income (profit) each year or $6.45 on an earnings per share basis.

How many employees does Methanex have?

The company employs 1,300 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 official website for the company is www.methanex.com. The specialty chemicals company can be reached via phone at (604) 661-2600, via email at invest@methanex.com, or via fax at 604-661-2676.

This page (NASDAQ:MEOH) was last updated on 9/28/2022 by MarketBeat.com Staff

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