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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
Copper Exploration Heating Up (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
Copper Exploration Heating Up (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
Copper Exploration Heating Up (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
TSE:MX

Methanex - MX Stock Forecast, Price & News

C$51.93
-0.66 (-1.25%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
C$51.88
C$52.98
50-Day Range
C$39.37
C$54.92
52-Week Range
C$39.00
C$71.63
Volume
167,296 shs
Average Volume
218,761 shs
Market Capitalization
C$3.63 billion
P/E Ratio
5.80
Dividend Yield
1.78%
Price Target
C$51.60

Methanex MarketRank™ Forecast

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
0.6% Downside
C$51.60 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Methanex in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$165,726 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.56 out of 5 stars

MX stock logo

About Methanex (TSE:MX) Stock

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.

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MX Stock News Headlines

Methanex Third Quarter 2022 Earnings: Beats Expectations
Methanex Reports Third Quarter 2022 Results
10 Best Ethanol Stocks To Buy Now - Yahoo Finance
See More Headlines
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MX Company Calendar

Ex-Dividend for 9/30 Dividend
9/15/2022
Dividend Payable
9/30/2022
Today
12/02/2022
Ex-Dividend for 12/31 Dividend
12/15/2022
Dividend Payable
12/31/2022
Next Earnings (Estimated)
1/24/2023

Industry, Sector and Symbol

Industry
Chemicals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$51.60
High Stock Price Forecast
C$66.00
Low Stock Price Forecast
C$36.00
Forecasted Upside/Downside
-0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
10 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.58 billion
Cash Flow
C$13.00 per share
Book Value
C$30.65 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.63 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. John N. Floren (Age 63)
    Pres, CEO & Director
    Comp: $4.75M
  • Mr. Ian P. Cameron
    Sr. VP of Fin. & CFO
  • Ms. Vanessa L. James
    Sr. VP of Corp. Devel. & Sustainability
  • Mr. Kevin L. Henderson
    Sr. VP of Manufacturing
  • Mr. Bradley W. Boyd
    Sr. VP of Corp. Resources
  • Sarah Herriott
    Director of Investor Relations
  • Mr. Kevin Price
    Gen. Counsel & Corp. Sec.
  • Mr. Richard W. Sumner
    Sr. VP of Global Marketing & Logistics













MX Stock - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MX, but not buy additional shares or sell existing shares.
View MX analyst ratings
or view top-rated stocks.

What is Methanex's stock price forecast for 2023?

10 brokers have issued twelve-month price targets for Methanex's stock. Their MX share price forecasts range from C$36.00 to C$66.00. On average, they expect the company's share price to reach C$51.60 in the next year. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for MX
or view top-rated stocks among Wall Street analysts.

How have MX shares performed in 2022?

Methanex's stock was trading at C$50.04 at the start of the year. Since then, MX shares have increased by 3.8% and is now trading at C$51.93.
View the best growth stocks for 2022 here
.

When is Methanex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our MX earnings forecast
.

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

Methanex announced a quarterly dividend on Thursday, November 17th. Stockholders of record on Saturday, December 17th will be paid a dividend of 0.238 per share on Saturday, December 31st. This represents a $0.95 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, December 15th. This is a positive change from the stock's previous quarterly dividend of C$0.23.
Read our dividend analysis for MX
.

Is Methanex a good dividend stock?

Methanex (TSE:MX) pays an annual dividend of C$0.57 per share and currently has a dividend yield of 1.78%. The dividend payout ratio is 6.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MX.

What other stocks do shareholders of Methanex own?
What is Methanex's stock symbol?

Methanex trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MX."

How do I buy shares of Methanex?

Shares of MX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Methanex's stock price today?

One share of MX stock can currently be purchased for approximately C$51.93.

How much money does Methanex make?

Methanex (TSE:MX) has a market capitalization of C$3.63 billion and generates C$4.58 billion in revenue each year.

How many employees does Methanex have?

The company employs 1,300 workers across the globe.

How can I contact Methanex?

Methanex's mailing address is 1800-200 Burrard St, VANCOUVER, BC V6C 3M1, Canada. The official website for the company is www.methanex.com. The company can be reached via phone at +1-604-6612600.

This page (TSE:MX) was last updated on 12/2/2022 by MarketBeat.com Staff