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

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

Methanex declared a quarterly dividend on Thursday, February 1st. Stockholders of record on Saturday, March 17th will be given a dividend of $0.33 per share on Saturday, March 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Thursday, March 15th. This is an increase from Methanex's previous quarterly dividend of $0.30. View Methanex's Dividend History.

Methanex announced that its board has initiated a stock buyback program 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. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Methanex (NASDAQ:MEOH) issued its earnings results on Wednesday, January, 31st. The specialty chemicals company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.51. The specialty chemicals company had revenue of $861 million for the quarter, compared to the consensus estimate of $796.57 million. Methanex had a net margin of 10.34% and a return on equity of 22.72%. The firm's revenue for the quarter was up 47.2% on a year-over-year basis. During the same period last year, the business posted $0.46 EPS. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, April, 25th 2018. View Earnings Estimates for Methanex.

14 analysts have issued 12-month price objectives for Methanex's stock. Their predictions range from $36.00 to $75.00. On average, they anticipate Methanex's stock price to reach $60.0769 in the next twelve months. View Analyst Ratings for Methanex.

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

News headlines about MEOH stock have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news 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 one, with scores nearest to one being the most favorable. Methanex earned a media sentiment score of 0.05 on Accern's scale. They also gave media headlines about the specialty chemicals company an impact score of 45.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Methanex's stock is owned by a number of of institutional and retail investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (19.47%). View Institutional Ownership Trends 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 $65.90.

Methanex has a market capitalization of $5.60 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 1,275 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]