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

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

Methanex announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Saturday, June 16th will be given a dividend of $0.33 per share on Saturday, June 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, June 14th. View Methanex's Dividend History.

Methanex declared that its board has authorized a share buyback program on Tuesday, March 6th 2018, which authorizes the company to repurchase 6,590,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Wednesday, April, 25th. The specialty chemicals company reported $2.03 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.08 by $0.05. The specialty chemicals company earned $962 million during the quarter, compared to analysts' expectations of $965.83 million. Methanex had a net margin of 11.00% and a return on equity of 24.47%. The business's revenue for the quarter was up 18.8% on a year-over-year basis. During the same quarter in the prior 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.

12 equities research analysts have issued 1 year price targets for Methanex's shares. Their forecasts range from $44.00 to $80.00. On average, they anticipate Methanex's share price to reach $67.4091 in the next year. View Analyst Ratings for Methanex.

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

News stories about MEOH stock have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.18 on Accern's scale. They also assigned news articles about the specialty chemicals company an impact score of 46.81 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Methanex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (19.47%), M&G INVESTMENT MANAGEMENT LTD (18.44%), Boston Partners (4.51%), Royal Bank of Canada (2.38%), Neuberger Berman Group LLC (1.53%) and Great West Life Assurance Co. Can (1.34%). View Institutional Ownership Trends for Methanex.

MEOH stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, FIL Ltd, Neuberger Berman Group LLC, Royal Bank of Canada, AGF Investments Inc., Becker Capital Management Inc., State of Wisconsin Investment Board and Great West Life Assurance Co. Can. View Insider Buying and Selling for Methanex.

MEOH stock was acquired by a variety of institutional investors in the last quarter, including CIBC World Markets Inc., Brightline Capital Management LLC, O Shaughnessy Asset Management LLC, JPMorgan Chase & Co., Systematic Financial Management LP, Korea Investment CORP, Toronto Dominion Bank and Franklin Resources Inc.. View Insider Buying and Selling 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 $69.70.

Methanex has a market capitalization of $5.61 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 1,357 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]