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The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
House GOP seeks new restrictions on use of US oil stockpile
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
House GOP seeks new restrictions on use of US oil stockpile
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
House GOP seeks new restrictions on use of US oil stockpile
NASDAQ:MEOH

Methanex - MEOH Stock Forecast, Price & News

$46.29
+1.05 (+2.32%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$45.27
$46.71
50-Day Range
$35.82
$46.29
52-Week Range
$28.73
$56.79
Volume
280,603 shs
Average Volume
272,683 shs
Market Capitalization
$3.21 billion
P/E Ratio
7.24
Dividend Yield
1.55%
Price Target
$46.33

Methanex MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
0.1% Upside
$46.33 Price Target
Short Interest
Healthy
1.53% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of Methanex in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.31%
From $3.18 to $3.19 Per Share

Overall MarketRank

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

1.85 out of 5 stars

Basic Materials Sector

112th out of 161 stocks

Industrial Organic Chemicals Industry

15th out of 20 stocks


MEOH stock logo

About Methanex (NASDAQ:MEOH) Stock

Methanex Corp. engages in the production and supply of methanol. The firm supplies in the international market such as North America, Asia Pacific, Europe, and South America. It also operates the methanol ocean tanker fleet. The company was founded on March 11, 1968 and is headquartered in Vancouver, Canada.

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MEOH Stock News Headlines

Brokerages Set Methanex Co. (NASDAQ:MEOH) PT at $46.10
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Methanex Announces Changes to Executive Leadership Team
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Methanex (MEOH) Misses Q3 Earnings Estimates
What 6 Analyst Ratings Have To Say About Methanex
See More Headlines
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MEOH Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 12/31 Dividend
12/15/2022
Dividend Payable
12/31/2022
Today
1/28/2023
Next Earnings (Confirmed)
2/02/2023
Fiscal Year End
12/31/2023

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
$46.33
High Stock Price Forecast
$69.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$482.36 million
Pretax Margin
16.59%

Debt

Sales & Book Value

Annual Sales
$4.41 billion
Cash Flow
$11.32 per share
Book Value
$26.27 per share

Miscellaneous

Free Float
68,594,000
Market Cap
$3.21 billion
Optionable
Optionable
Beta
1.59

Social Links


Key Executives

  • Rich Sumner
    President & Chief Executive Officer
  • Ian P. Cameron
    Chief Financial Officer & Senior VP-Finance
  • Kevin Price
    Secretary, General Counsel & Senior Vice President
  • Kevin Maloney
    Senior Vice President-Corporate Development
  • Jason Chesko
    Director-Global Market Development













MEOH Stock - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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 2023?

9 analysts have issued 1 year price targets for Methanex's stock. Their MEOH share price forecasts range from $34.00 to $69.00. On average, they predict the company's stock price to reach $46.33 in the next twelve months. This suggests a possible upside of 0.1% 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 2023?

Methanex's stock was trading at $37.86 at the beginning of 2023. Since then, MEOH stock has increased by 22.3% and is now trading at $46.29.
View the best growth stocks for 2023 here
.

Are investors shorting Methanex?

Methanex saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,060,000 shares, an increase of 21.3% from the December 31st total of 873,900 shares. Based on an average daily trading volume, of 326,400 shares, the short-interest ratio is currently 3.2 days. Currently, 1.5% of the company's stock are short sold.
View Methanex's Short Interest
.

When is Methanex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our MEOH earnings forecast
.

How can I listen to Methanex's earnings call?

Methanex will be holding an earnings conference call on Friday, February 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) issued its earnings results on Tuesday, October, 26th. The specialty chemicals company reported $1.29 EPS for the quarter, missing analysts' consensus estimates of $1.32 by $0.03. The specialty chemicals company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $984.45 million. Methanex had a net margin of 11.22% and a trailing twelve-month return on equity of 20.91%. The firm's revenue was up 85.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($1.03) EPS.

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

Methanex declared a quarterly dividend on Thursday, January 26th. Investors of record on Friday, March 17th will be given a dividend of $0.175 per share on Friday, March 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Thursday, March 16th.
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 1.55%. 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 10.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 21.94% 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 retail and institutional investors. Top institutional shareholders include M&G Investment Management Ltd. (20.13%), Addenda Capital Inc. (0.23%), National Bank of Canada FI (0.06%), Ritholtz Wealth Management (0.04%), Pinnacle Associates Ltd. (0.03%) and JTC Employer Solutions Trustee Ltd (0.00%).

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 $46.29.

How much money does Methanex make?

Methanex (NASDAQ:MEOH) has a market capitalization of $3.21 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 $6.39 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 1/28/2023 by MarketBeat.com Staff