Methanex Stock Price, News & Analysis (NASDAQ:MEOH)

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

Methanex declared a quarterly dividend on Thursday, July 18th. Shareholders of record on Monday, September 16th will be given a dividend of $0.36 per share on Monday, September 30th. This represents a $1.44 annualized dividend and a yield of 4.09%. The ex-dividend date is Friday, September 13th. View Methanex's Dividend History.

Methanex announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 6th 2018, which authorizes the company to buyback 6,590,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.

Methanex Co. (NASDAQ:MEOH) announced its quarterly earnings results on Wednesday, July, 31st. The specialty chemicals company reported $0.34 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.16. The specialty chemicals company had revenue of $734 million for the quarter, compared to analysts' expectations of $719.86 million. Methanex had a net margin of 10.81% and a return on equity of 18.33%. Methanex's revenue was down 22.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.75 EPS. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Methanex.

Methanex will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 analysts have issued 12 month price objectives for Methanex's shares. Their forecasts range from $26.00 to $84.00. On average, they anticipate Methanex's stock price to reach $51.50 in the next year. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Price Targets for Methanex.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Media stories about MEOH stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Methanex earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Methanex.

Methanex saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,390,000 shares, an increase of 29.9% from the August 30th total of 1,070,000 shares. Based on an average trading volume of 438,300 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.8% of the company's stock are short sold. View Methanex's Current Options Chain.

Some companies that are related to Methanex include Westlake Chemical (WLK), Braskem (BRKMY), NewMarket (NEU), Sensient Technologies (SXT), Codexis (CDXS), Westlake Chemical Partners (WLKP), Renewable Energy Group (REGI), FutureFuel (FF), REX American Resources (REX), Green Plains (GPRE), Amyris (AMRS), Green Plains Partners (GPP), Solarwindow Technologies (WNDW), Sino United Worldwide Consolidated (SUIC) and Tantech (TANH).

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), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and Allergan (AGN).

Methanex's stock is owned by many different of institutional and retail investors. Top institutional investors include Ingalls & Snyder LLC (0.25%), Westbourne Investment Advisors Inc. (0.13%), Winmill & CO. Inc. (0.08%), Assenagon Asset Management S.A. (0.03%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Envestnet Asset Management Inc. (0.01%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Zurcher Kantonalbank Zurich Cantonalbank , Ingalls & Snyder LLC, Virginia Retirement Systems ET AL and Envestnet Asset Management Inc..

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Winmill & CO. Inc. and Westbourne Investment Advisors Inc..

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, Robinhood, Fidelity and Charles Schwab.

One share of MEOH stock can currently be purchased for approximately $35.19.

Methanex has a market capitalization of $2.68 billion and generates $3.93 billion in revenue each year. The specialty chemicals company earns $568.98 million in net income (profit) each year or $6.86 on an earnings per share basis. Methanex employs 1,426 workers across the globe.View Additional Information About Methanex.

The official website for Methanex is http://www.methanex.com/.

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]