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. Investors 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 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Thursday, June 14th. View Methanex's Dividend History.

Methanex announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, March 6th 2018, which allows the company to buyback 6,590,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

Methanex (NASDAQ:MEOH) issued its quarterly earnings data on Wednesday, April, 25th. The specialty chemicals company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 11.00% and a return on equity of 24.47%. The firm's revenue for the quarter was up 18.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.56 earnings per share. 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 analysts have issued twelve-month price targets for Methanex's stock. Their predictions range from $44.00 to $80.00. On average, they anticipate Methanex's share price to reach $64.4167 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), Green Plains (GPRE), Codexis (CDXS), Westlake Chemical (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).

Headlines about MEOH stock have been trending positive on Thursday, according to Accern. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Methanex earned a daily sentiment score of 0.25 on Accern's scale. They also gave media stories about the specialty chemicals company an impact score of 45.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Methanex's stock is owned by many different of retail and institutional 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 $69.05.

Methanex has a market capitalization of $5.79 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]