TSE:MX Methanex (MX) Stock Price, News & Analysis → The Next Step of Their Control Is Here … (From Weiss Ratings) (Ad) Free MX Stock Alerts C$65.96 +0.72 (+1.10%) (As of 04/26/2024 ET) Add Compare Share Share Today's RangeC$64.69▼C$66.7050-Day RangeC$56.18▼C$69.6052-Week RangeC$50.57▼C$69.85Volume144,712 shsAverage Volume97,754 shsMarket CapitalizationC$4.45 billionP/E Ratio18.85Dividend Yield1.53%Price TargetC$50.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside24.2% DownsideC$50.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.32Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.65 out of 5 stars 1.3 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMethanex has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MX. Previous Next 1.7 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Methanex is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MX. Previous Next 3.0 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.28 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Methanex this week, compared to 1 article on an average week.Search InterestOnly 9 people have searched for MX on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. 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 0.33% of the stock of Methanex is held by insiders.Percentage Held by Institutions82.77% 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 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 18.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 18.85, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 134.82.Price to Earnings Growth RatioMethanex has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMethanex has a P/B Ratio of 2.30. 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 Ad Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. About Methanex Stock (TSE:MX)Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. 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 MX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MX Stock News HeadlinesApril 26, 2024 | americanbankingnews.comMethanex (TSE:MX) Reaches New 1-Year High After Strong EarningsApril 25, 2024 | finanznachrichten.deMethanex Corporation: Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices IncreaseApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.April 18, 2024 | americanbankingnews.comQ1 2024 Earnings Estimate for Methanex Co. (TSE:MX) Issued By Raymond JamesApril 17, 2024 | americanbankingnews.comMethanex (MX) Scheduled to Post Earnings on WednesdayMarch 16, 2024 | finance.yahoo.comMEOH Apr 2024 45.000 callFebruary 23, 2024 | msn.comTSX Today: What to Watch for in Stocks on Wednesday, February 21February 23, 2024 | finance.yahoo.comMEOH Jul 2024 55.000 callApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.February 20, 2024 | theglobeandmail.comMarket movers: Stocks seeing action on Tuesday Feb. 20 - and whyFebruary 20, 2024 | msn.comMethanex delays production start-up at Louisiana methanol plantFebruary 20, 2024 | msn.comCommercial production at new Methanex plant in Louisiana delayed after problemsFebruary 20, 2024 | finance.yahoo.comMethanex Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaFebruary 16, 2024 | wsj.comMethanex Corp.January 31, 2024 | theglobeandmail.comMethanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up ProcessJanuary 20, 2024 | ca.finance.yahoo.comMEOH Feb 2024 30.000 putJanuary 16, 2024 | finance.yahoo.comMethanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor ConferenceDecember 5, 2023 | ca.finance.yahoo.comMethanex Corporation (MX.TO)November 22, 2023 | msn.comMethanex says Egypt methanol facility impacted by outageNovember 22, 2023 | finance.yahoo.comMethanex Corporation Provides Update on Egypt OperationsNovember 13, 2023 | finance.yahoo.comInvesting in Methanex (TSE:MX) three years ago would have delivered you a 30% gainNovember 12, 2023 | theglobeandmail.comClosing Bell: Methanex Corp up on Wednesday (MX)October 25, 2023 | finance.yahoo.comBe Wary Of Methanex (TSE:MX) And Its Returns On CapitalOctober 20, 2023 | finance.yahoo.comMethanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® AwardsOctober 13, 2023 | msn.comMethanex lowers EBITDA outlook after opening one Trinidad plant, closing anotherOctober 10, 2023 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Methanex StockSeptember 26, 2023 | finance.yahoo.comMethanex Corporation's (TSE:MX) large institutional owners must be happy as stock continues to impress, up 6.3% over the past weekSee More Headlines Receive MX 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 Company Calendar Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Last Earnings4/24/2024Today4/26/2024Next Earnings (Estimated)7/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Chemicals Sub-IndustryN/A Current SymbolTSE:MX CUSIPN/A CIKN/A Webwww.methanex.com Phone+1-604-6612600FaxN/AEmployees1,451Year FoundedN/APrice Target and Rating Average Stock Price TargetC$50.00 High Stock Price TargetC$50.00 Low Stock Price TargetC$50.00 Potential Upside/Downside-23.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.50 Trailing P/E Ratio18.78 Forward P/E Ratio19.80 P/E Growth0.44Net IncomeC$174.14 million Net Margins4.68% Pretax MarginN/A Return on Equity12.35% Return on Assets2.52% Debt Debt-to-Equity Ratio138.70 Current Ratio1.14 Quick Ratio1.59 Sales & Book Value Annual SalesC$3.72 billion Price / Sales1.19 Cash FlowC$18.04 per share Price / Cash Flow3.64 Book ValueC$28.65 per share Price / Book2.29Miscellaneous Outstanding Shares67,390,000Free FloatN/AMarket CapC$4.43 billion OptionableNot Optionable Beta1.94 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Richard W. Sumner (Age 49)President, CEO & Director Comp: $2.5MMr. Dean RichardsonSenior VP of Finance & Chief Financial OfficerMs. Karine DelbarreSenior Vice President of Global Marketing & LogisticsMr. Bradley W. BoydSenior Vice President of Corporate ResourcesMr. Gustavo ParraSenior Vice President of ManufacturingSarah HerriottDirector of Investor RelationsMr. Kevin PriceSenior VP, General Counsel & Corporate SecretaryMr. Kevin M. MaloneySenior Vice President of Corporate DevelopmentMark AllardSenior Vice President of Low Carbon SolutionsRawle RamlochanPlant ManagerMore ExecutivesKey CompetitorsLundin GoldTSE:LUGStella-JonesTSE:SJB2GoldTSE:BTOEldorado GoldTSE:ELDOsisko Gold RoyaltiesTSE:ORView All CompetitorsInsidersAlejandro LarriveSold 1,000 sharesTotal: C$64,480.00 ($64.48/share)View All Insider Transactions MX Stock Analysis - Frequently Asked Questions Should I buy or sell Methanex stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MX shares. View MX analyst ratings or view top-rated stocks. What is Methanex's stock price target for 2024? 2 analysts have issued 1-year price objectives for Methanex's stock. Their MX share price targets range from C$50.00 to C$50.00. On average, they expect the company's stock price to reach C$50.00 in the next year. This suggests that the stock has a possible downside of 24.2%. View analysts price targets for MX or view top-rated stocks among Wall Street analysts. How have MX shares performed in 2024? Methanex's stock was trading at C$62.68 at the start of the year. Since then, MX stock has increased by 5.2% and is now trading at C$65.96. View the best growth stocks for 2024 here. When is Methanex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our MX earnings forecast. How were Methanex's earnings last quarter? Methanex Co. (TSE:MX) issued its quarterly earnings results on Wednesday, April, 24th. The company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.48. The company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.23 billion. Methanex had a net margin of 4.68% and a trailing twelve-month return on equity of 12.35%. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex declared a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, June 14th will be given a dividend of 0.25 per share on Friday, June 28th. This represents a $1.00 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Friday, June 14th. This is a positive change from the stock's previous quarterly dividend of C$0.25. Read our dividend analysis for MX. Is Methanex a good dividend stock? Methanex (TSE:MX) pays an annual dividend of C$1.01 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 28.86%. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Suncor Energy (SU), Air Canada (AC), Magna International (MG), BCE (BCE), Royal Bank of Canada (RY), Canadian National Railway (CNR), Enbridge (ENB) and Canadian Natural Resources (CNQ). 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. This page (TSE:MX) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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