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

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

Methanex declared a quarterly dividend on Wednesday, April 25th. Shareholders of record on Saturday, June 16th will be paid a dividend of $0.33 per share on Saturday, June 30th. This represents a $1.32 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, June 14th. View Methanex's Dividend History.

Methanex declared that its Board of Directors has authorized a share repurchase plan on Tuesday, March 6th 2018, which authorizes the company to repurchase 6,590,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

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

13 brokers have issued 12 month price targets for Methanex's shares. Their predictions range from $44.00 to $80.00. On average, they expect Methanex's stock price to reach $68.4583 in the next twelve months. This suggests that the stock has a possible downside of 4.2%. View Analyst Ratings for Methanex.

13 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BAK), International Flavors & Fragrances (IFF), NewMarket (NEU), Sensient Technologies (SXT), Codexis (CDXS), Westlake Chemical Partners (WLKP), Green Plains (GPRE), 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).

Headlines about MEOH stock have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press 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 positive one, with scores closest to one being the most favorable. Methanex earned a news impact score of 0.10 on Accern's scale. They also gave press coverage about the specialty chemicals company an impact score of 47.24 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Methanex's stock is owned by a number of of retail and institutional investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (19.47%), M&G INVESTMENT MANAGEMENT LTD (18.44%), Addenda Capital Inc. (0.59%), Boston Advisors LLC (0.32%), Addenda Capital Inc. (0.26%) and Montrusco Bolton Investments Inc. (0.08%). View Institutional Ownership Trends for Methanex.

MEOH stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc. and Gulf International Bank UK Ltd. View Insider Buying and Selling for Methanex.

MEOH stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Montrusco Bolton Investments Inc., Boston Advisors LLC, Assenagon Asset Management S.A. and Nwam LLC. 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 $71.45.

Methanex has a market capitalization of $5.77 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]