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

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$57.06 +1.32 (+2.37 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$55.74
Today's Range$55.16 - $57.24
52-Week Range$45.48 - $83.23
Volume433,200 shs
Average Volume456,075 shs
Market Capitalization$4.21 billion
P/E Ratio12.11
Dividend Yield2.37%
Beta1.56
Methanex Corporation produces and sells methanol in North America, the Asia Pacific, Europe, and South America. It also purchases and sells methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.06 billion
Cash Flow$8.0028 per share
Book Value$20.79 per share

Profitability

Net Income$316.13 million

Miscellaneous

Employees1,357
Market Cap$4.21 billion
OptionableOptionable

Methanex (NASDAQ:MEOH) Frequently Asked Questions

What is Methanex's stock symbol?

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

How often does Methanex pay dividends? What is the dividend yield for Methanex?

Methanex declared a quarterly dividend on Wednesday, November 14th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.33 per share on Monday, December 31st. This represents a $1.32 annualized dividend and a yield of 2.31%. The ex-dividend date is Friday, December 14th. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex declared that its board has initiated a share buyback program on Tuesday, March 6th 2018, which permits the company to buyback 6,590,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Wednesday, October, 24th. The specialty chemicals company reported $1.92 EPS for the quarter, missing the Zacks' consensus estimate of $1.99 by $0.07. The specialty chemicals company earned $1.04 billion during the quarter. Methanex had a net margin of 12.48% and a return on equity of 34.25%. View Methanex's Earnings History.

When is Methanex's next earnings date?

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

What price target have analysts set for MEOH?

13 Wall Street analysts have issued 1-year price objectives for Methanex's stock. Their forecasts range from $71.00 to $90.00. On average, they anticipate Methanex's stock price to reach $80.00 in the next year. This suggests a possible upside of 40.2% from the stock's current price. View Analyst Price Targets for Methanex.

What is the consensus analysts' recommendation for Methanex?

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

Has Methanex been receiving favorable news coverage?

Media headlines about MEOH stock have been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Methanex earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave headlines about the specialty chemicals company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the near term.

Who are some of Methanex's key competitors?

Who are Methanex's key executives?

Methanex's management team includes the folowing people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 59)
  • Mr. Ian P. Cameron, Sr. VP of Fin. & CFO
  • Mr. Michael J. Herz, Sr. VP of Corp. Devel.
  • Ms. Vanessa L. James, Sr. VP of Global Marketing & Logistics
  • Kim Campbell, Mang. of Investor Relations

Who are Methanex's major shareholders?

Methanex's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.37%), Navellier & Associates Inc (0.01%), Fox Run Management L.L.C. (0.01%) and Quadrant Capital Group LLC (0.00%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Navellier & Associates Inc and Fox Run Management L.L.C..

Which institutional investors are buying Methanex stock?

MEOH stock was bought by a variety of institutional investors in the last quarter, including Addenda Capital Inc. and Quadrant Capital Group LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $57.06.

How big of a company is Methanex?

Methanex has a market capitalization of $4.21 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 1,357 workers across the globe.

What is Methanex's official website?

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

How can I contact Methanex?

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]


MarketBeat Community Rating for Methanex (NASDAQ MEOH)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  578 (Vote Outperform)
Underperform Votes:  516 (Vote Underperform)
Total Votes:  1,094
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.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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