NASDAQ:MEOH Methanex Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Methanex Co. Please log in to your account or sign up in order to add this asset to your watchlist. $40.16 +2.47 (+6.55%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$37.60▼$40.2150-Day Range$37.69▼$55.9052-Week Range$29.61▼$56.79Volume688,384 shsAverage Volume520,974 shsMarket Capitalization$2.91 billionP/E Ratio6.32Dividend Yield1.54%Price Target$54.15 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MEOH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Methanex and its competitors with MarketBeat's FREE daily newsletter. Email Address MEOH Stock Forecast (MarketRank)Overall MarketRank™2.79 out of 5 starsBasic Materials Sector36th out of 242 stocksIndustrial Organic Chemicals Industry5th out of 25 stocksAnalyst Opinion: 4.1Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 - 4.1 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 5 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.15, Methanex has a forecasted upside of 34.8% from its current price of $40.16.Amount of Analyst CoverageMethanex has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.4 Community Rank Outperform VotesMethanex has received 730 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMethanex has received 370 “underperform” votes. (Add your “underperform” vote.)Community SentimentMethanex has received 66.36% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Methanex and other stocks. Vote “Outperform” if you believe MEOH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MEOH will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Methanex is 9.13%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Methanex will have a dividend payout ratio of 14.43% next year. This indicates that Methanex will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Methanex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Methanex is held by insiders.Percentage Held by Institutions91.37% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Methanex are expected to decrease by -41.91% in the coming year, from $6.92 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 6.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 6.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 12.73.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Methanex (NASDAQ:MEOH)Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.Read More MEOH Stock News HeadlinesJune 25, 2022 | americanbankingnews.comMethanex Co. (NASDAQ:MEOH) to Post Q3 2022 Earnings of $1.16 Per Share, Raymond James ForecastsJune 23, 2022 | americanbankingnews.comQ3 2022 EPS Estimates for Methanex Co. (NASDAQ:MEOH) Decreased by AnalystJune 23, 2022 | americanbankingnews.comJefferies Financial Group Comments on Methanex Co.'s Q4 2022 Earnings (NASDAQ:MEOH)June 18, 2022 | americanbankingnews.comMethanex (NASDAQ:MEOH) PT Raised to $73.00 at Jefferies Financial GroupJune 17, 2022 | baystreet.caStocks Stagger to Weekly Losses - Baystreet.caJune 16, 2022 | seekingalpha.comDuPont, Eastman among five chemical companies cut at Jefferies (NYSE:DD) - Seeking AlphaJune 16, 2022 | americanbankingnews.comMethanex (NASDAQ:MEOH) Shares Up 3.9%June 15, 2022 | nasdaq.comWhy You Should Retain Air Products (APD) Stock in Your Portfolio - NasdaqJune 14, 2022 | marketwatch.comPlug Power Inc. stock remains steady Tuesday, underperforms market - MarketWatchJune 13, 2022 | americanbankingnews.comMethanex Co. (NASDAQ:MEOH) Plans Quarterly Dividend of $0.15June 9, 2022 | finance.yahoo.comMethanex's (TSE:MX) Returns On Capital Are Heading Higher - Yahoo FinanceJune 9, 2022 | americanbankingnews.comMethanex (NASDAQ:MEOH) Sees Strong Trading VolumeJune 9, 2022 | americanbankingnews.comMethanex (NASDAQ:MEOH) Sees Large Volume IncreaseSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Industrial organic chemicals Sub-IndustryN/A SectorBasic Materials Current SymbolNASDAQ:MEOH CUSIPN/A CIK886977 Webwww.methanex.com Phone(604) 661-2600Fax604-661-2676Employees1,300Year Founded1968Company Calendar Ex-Dividend for 3/31 Dividend3/16/2022Dividend Payable3/31/2022Last Earnings4/27/2022Ex-Dividend for 6/30 Dividend6/15/2022Today6/25/2022Dividend Payable6/30/2022Next Earnings (Estimated)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$54.15 High Stock Price Forecast$73.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+34.8%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$6.349990 Trailing P/E Ratio6.32 Forward P/E Ratio5.80 P/E GrowthN/ANet Income$482.36 million Net Margins10.87% Pretax Margin15.10% Return on Equity27.41% Return on Assets8.88% Debt Debt-to-Equity Ratio0.93 Current Ratio2.28 Quick Ratio1.82 Sales & Book Value Annual Sales$4.41 billion Price / Sales0.66 Cash Flow$11.78 per share Price / Cash Flow3.41 Book Value$26.27 per share Price / Book1.53Miscellaneous Outstanding Shares72,410,000Free Float71,685,000Market Cap$2.91 billion OptionableOptionable Beta1.71 Social Links Methanex Frequently Asked Questions Should I buy or sell Methanex stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Methanex stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEOH, but not buy additional shares or sell existing shares. View analyst ratings for Methanex or view top-rated stocks. What is Methanex's stock price forecast for 2022? 12 brokerages have issued 12-month target prices for Methanex's shares. Their MEOH stock forecasts range from $35.00 to $73.00. On average, they anticipate Methanex's share price to reach $54.15 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View analysts' price targets for Methanex or view top-rated stocks among Wall Street analysts. How has Methanex's stock price performed in 2022? Methanex's stock was trading at $39.55 at the beginning of 2022. Since then, MEOH stock has increased by 1.5% and is now trading at $40.16. View the best growth stocks for 2022 here. When is Methanex's next earnings date? Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Methanex. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) released its earnings results on Wednesday, April, 27th. The specialty chemicals company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.09 by $0.07. The specialty chemicals company earned $1.18 billion during the quarter, compared to analysts' expectations of $1.16 billion. Methanex had a trailing twelve-month return on equity of 27.41% and a net margin of 10.87%. The firm's quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.07 earnings per share. View Methanex's earnings history. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex declared a quarterly dividend on Friday, April 29th. Stockholders of record on Thursday, June 16th will be paid a dividend of $0.145 per share on Thursday, June 30th. This represents a $0.58 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Wednesday, June 15th. This is a positive change from Methanex's previous quarterly dividend of $0.13. View Methanex's dividend history. Is Methanex a good dividend stock? Methanex(NASDAQ:MEOH) pays an annual dividend of $0.58 per share and currently has a dividend yield of 1.54%. Methanex has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Methanex is 9.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Methanex will have a dividend payout ratio of 14.43% next year. This indicates that Methanex will be able to sustain or increase its dividend. View Methanex's dividend history. Who are Methanex's key executives? Methanex's management team includes the following people: Mr. John N. Floren, Pres, CEO & Director (Age 63, Pay $3.77M)Mr. Ian P. Cameron, Sr. VP of Fin. & CFOMs. Vanessa L. James, Sr. VP of Corp. Devel. & SustainabilityMr. Kevin L. Henderson, Sr. VP of ManufacturingMr. Bradley W. Boyd, Sr. VP of Corp. ResourcesSarah Herriott, Director of Investor RelationsMr. Kevin Price, Gen. Counsel & Corp. Sec.Mr. Richard W. Sumner, Sr. VP of Global Marketing & Logistics Who are some of Methanex's key competitors? Some companies that are related to Methanex include Braskem (BAK), Braskem (BRKMY), Sensient Technologies (SXT), Renewable Energy Group (REGI), NewMarket (NEU), Green Plains (GPRE), Westlake Chemical Partners (WLKP), Origin Materials (ORGN), Amyris (AMRS), Codexis (CDXS), Gevo (GEVO), REX American Resources (REX), Gores Holdings VIII (GIIX), FutureFuel (FF) and Alto Ingredients (ALTO). View all of MEOH's competitors. What other stocks do shareholders of Methanex own? 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), AT&T (T), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and NIC (EGOV). What is Methanex's stock symbol? Methanex trades on the NASDAQ under the ticker symbol "MEOH." Who are Methanex's major shareholders? Methanex's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (5.81%), Mackenzie Financial Corp (2.23%), Bank of Montreal Can (1.18%), Scheer Rowlett & Associates Investment Management Ltd. (1.06%), Connor Clark & Lunn Investment Management Ltd. (1.03%) and Granite Investment Partners LLC (0.98%). Which major investors are selling Methanex stock? MEOH stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Group One Trading L.P., Goldman Sachs Group Inc., Raymond James & Associates, Invesco Ltd., Granite Investment Partners LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Walleye Trading LLC. Which major investors are buying Methanex stock? MEOH stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Victory Capital Management Inc., Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Principal Financial Group Inc., EHP Funds Inc., Hillsdale Investment Management Inc., and American Century Companies Inc.. How do I buy shares of Methanex? Shares of MEOH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Methanex's stock price today? One share of MEOH stock can currently be purchased for approximately $40.16. How much money does Methanex make? Methanex (NASDAQ:MEOH) has a market capitalization of $2.91 billion and generates $4.41 billion in revenue each year. The specialty chemicals company earns $482.36 million in net income (profit) each year or $6.349990 on an earnings per share basis. How many employees does Methanex have? Methanex employs 1,300 workers across the globe. When was Methanex founded? Methanex was founded in 1968. How can I contact Methanex? Methanex's mailing address is 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1. The official website for Methanex is www.methanex.com. The specialty chemicals company can be reached via phone at (604) 661-2600, via email at [email protected], or via fax at 604-661-2676. This page (NASDAQ:MEOH) was last updated on 6/25/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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