Methanex Stock Price, News & Analysis (NASDAQ:MEOH)

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

Methanex announced a quarterly dividend on Thursday, July 18th. Stockholders of record on Monday, September 16th will be given a dividend of $0.36 per share on Monday, September 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Friday, September 13th. View Methanex's Dividend History.

Methanex announced that its Board of Directors has initiated a share buyback plan 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. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, July, 31st. The specialty chemicals company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.50 by $0.16. The specialty chemicals company had revenue of $734 million for the quarter, compared to the consensus estimate of $719.86 million. Methanex had a net margin of 10.81% and a return on equity of 18.33%. Methanex's revenue was down 22.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.75 EPS. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Methanex.

Methanex will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 analysts have issued 1-year price objectives for Methanex's stock. Their forecasts range from $26.00 to $84.00. On average, they anticipate Methanex's stock price to reach $51.57 in the next twelve months. This suggests a possible upside of 45.6% 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, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Media headlines about MEOH stock have been trending positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methanex earned a news impact score of 2.1 on InfoTrie's scale. They also assigned news articles about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Methanex.

Methanex saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,390,000 shares, an increase of 29.9% from the August 30th total of 1,070,000 shares. Based on an average trading volume of 438,300 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.8% of the company's shares are short sold. View Methanex's Current Options Chain.

Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BRKMY), NewMarket (NEU), Sensient Technologies (SXT), Codexis (CDXS), Westlake Chemical Partners (WLKP), Renewable Energy Group (REGI), FutureFuel (FF), REX American Resources (REX), Green Plains (GPRE), Amyris (AMRS), Green Plains Partners (GPP), Solarwindow Technologies (WNDW), Sino United Worldwide Consolidated (SUIC) and Tantech (TANH).

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), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and Allergan (AGN).

Methanex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Ingalls & Snyder LLC (0.25%), Winmill & CO. Inc. (0.08%) and Assenagon Asset Management S.A. (0.03%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Ingalls & Snyder LLC.

MEOH stock was bought by a variety of institutional investors in the last quarter, including Winmill & CO. 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, Robinhood, Fidelity and Charles Schwab.

One share of MEOH stock can currently be purchased for approximately $35.42.

Methanex has a market capitalization of $2.70 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.View Additional Information About Methanex.

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]