NASDAQ:MEOH - Methanex Stock Price, News, & Analysis

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

Methanex declared a quarterly dividend on Thursday, April 25th. Investors of record on Sunday, June 16th will be paid a dividend of $0.36 per share on Sunday, June 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, June 13th. This is a boost from Methanex's previous quarterly dividend of $0.33. View Methanex's Dividend History.

Methanex declared that its Board of Directors has approved a share buyback program on Tuesday, March 6th 2018, which allows the company to buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Wednesday, April, 24th. The specialty chemicals company reported $0.73 EPS for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.02. The specialty chemicals company earned $773 million during the quarter, compared to analyst estimates of $790 million. Methanex had a net margin of 11.84% and a return on equity of 24.89%. The company's revenue for the quarter was down 19.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.03 EPS. View Methanex's Earnings History.

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Methanex.

13 equities research analysts have issued twelve-month target prices for Methanex's shares. Their predictions range from $45.00 to $84.00. On average, they anticipate Methanex's share price to reach $71.00 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Methanex.

News coverage about MEOH stock has trended negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methanex earned a news impact score of -2.7 on InfoTrie's scale. They also gave news articles about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Methanex saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,081,107 shares, an increase of 26.9% from the April 15th total of 851,853 shares. Based on an average daily volume of 451,701 shares, the days-to-cover ratio is currently 2.4 days. View Methanex's Current Options Chain.

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

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 YY (YY).

Methanex's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (4.20%), Connor Clark & Lunn Investment Management Ltd. (3.46%), AQR Capital Management LLC (2.76%), FIL Ltd (2.17%), Neuberger Berman Group LLC (1.12%) and Fiera Capital Corp (1.04%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Morgan Stanley, AJO LP, Janus Henderson Group PLC, Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, Acadian Asset Management LLC and Neuberger Berman Group LLC.

MEOH stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Fiera Capital Corp, Wellington Management Group LLP, Scheer Rowlett & Associates Investment Management Ltd., Great West Life Assurance Co. Can, PCJ Investment Counsel Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Cidel Asset Management 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, Scottrade, Fidelity and Charles Schwab.

One share of MEOH stock can currently be purchased for approximately $45.13.

Methanex has a market capitalization of $3.49 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.

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]