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

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

Methanex announced a quarterly dividend on Friday, February 1st. Shareholders of record on Sunday, March 17th will be paid a dividend of $0.33 per share on Sunday, March 31st. This represents a $1.32 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, March 14th. View Methanex's Dividend History.

Methanex announced that its Board of Directors has approved a share repurchase plan 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 reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, January, 30th. The specialty chemicals company reported $1.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.75 by $0.60. The specialty chemicals company had revenue of $977 million for the quarter, compared to the consensus estimate of $986.13 million. Methanex had a net margin of 14.48% and a return on equity of 31.00%. The firm's revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 earnings per share. View Methanex's Earnings History.

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

13 equities research analysts have issued 1-year price objectives for Methanex's stock. Their forecasts range from $62.00 to $90.00. On average, they expect Methanex's stock price to reach $77.1667 in the next twelve months. This suggests a possible upside of 36.9% 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 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Press coverage about MEOH stock has been trending very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of -3.6 on InfoTrie's scale. They also assigned media stories 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 effect on the stock's share price in the immediate future.

Methanex saw a drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,349,855 shares, a drop of 29.7% from the January 31st total of 1,919,957 shares. Based on an average daily volume of 452,832 shares, the short-interest ratio is presently 3.0 days. View Methanex's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), YY (YY) and Allergan (AGN).

Methanex's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Prudential PLC (16.51%), Connor Clark & Lunn Investment Management Ltd. (3.79%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (1.42%), Norges Bank (1.33%), Canada Pension Plan Investment Board (0.97%) and TD Asset Management Inc. (0.92%).

MEOH stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Connor Clark & Lunn Investment Management Ltd., Mackenzie Financial Corp, Strs Ohio, D. E. Shaw & Co. Inc., Fiera Capital Corp, Brightline Capital Management LLC and Gotham Asset Management LLC.

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Scheer Rowlett & Associates Investment Management Ltd., Addenda Capital Inc., Two Sigma Advisers LP, Toronto Dominion Bank, Becker Capital Management Inc. and Bank of New York Mellon Corp.

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 $56.37.

Methanex has a market capitalization of $4.36 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 1,357 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]