TSE:MX

Methanex Stock Forecast, Price & News

C$50.17
+0.31 (+0.62 %)
(As of 04/12/2021 10:39 AM ET)
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Today's Range
C$49.51
Now: C$50.17
C$50.41
50-Day Range
C$44.29
MA: C$48.88
C$54.20
52-Week Range
C$17.15
Now: C$50.17
C$62.49
Volume76,742 shs
Average Volume291,352 shs
Market CapitalizationC$3.82 billion
P/E RatioN/A
Dividend Yield0.38%
BetaN/A
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, the company owns and leases storage and terminal facilities. It owns and manages a fleet of approximately 30 ocean-going vessels. The company serves chemical and petrochemical producers. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.
Methanex logo

Industry, Sector and Symbol

Industry Chemicals
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-604-6612600
Employees1,544
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$2.65 billion
Cash FlowC$11.01 per share
Book ValueC$15.08 per share

Profitability

Miscellaneous

Market CapC$3.82 billion
Next Earnings Date4/28/2021 (Confirmed)
OptionableOptionable

Headlines

Methanex's (MX) Hold Rating Reiterated at Tudor Pickering & Holt
March 31, 2021 |  americanbankingnews.com
Methanex (TSE:MX) Earns Hold Rating from Tudor Pickering
March 25, 2021 |  americanbankingnews.com
Methanex (TSE:MX) Given Hold Rating at Tudor Pickering & Holt
March 25, 2021 |  americanbankingnews.com
Understanding Methanex's Ex-Dividend Date
March 15, 2021 |  finance.yahoo.com
Methanex Corp (MEOH) Q4 2020 Earnings Call Transcript
January 29, 2021 |  finance.yahoo.com
A Preview Of Methanex's Earnings
January 26, 2021 |  finance.yahoo.com
Methanex Provides Update on Trinidad Operations
January 7, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

0.91 out of 5 stars

Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
C$50.17
+0.31 (+0.62 %)
(As of 04/12/2021 10:39 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Methanex (TSE:MX) Frequently Asked Questions

Is Methanex a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 MX, but not buy additional shares or sell existing shares.
View analyst ratings for Methanex
or view top-rated stocks.

What stocks does MarketBeat like better than Methanex?

Wall Street analysts have given Methanex a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Methanex wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Methanex's next earnings date?

Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Methanex
.

How were Methanex's earnings last quarter?

Methanex Co. (TSE:MX) announced its quarterly earnings results on Wednesday, January, 27th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.13. The business earned $1.06 billion during the quarter, compared to analyst estimates of $843.42 million.
View Methanex's earnings history
.

How has Methanex's stock price been impacted by Coronavirus?

Methanex's stock was trading at C$23.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MX stock has increased by 109.7% and is now trading at C$50.17.
View which stocks have been most impacted by COVID-19
.

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

Methanex declared a quarterly dividend on Wednesday, November 18th. Stockholders of record on Thursday, December 17th will be given a dividend of 0.038 per share on Thursday, December 31st. This represents a $0.15 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Wednesday, December 16th.
View Methanex's dividend history
.

Is Methanex a good dividend stock?

Methanex pays an annual dividend of C$0.47 per share and currently has a dividend yield of 0.38%.
View Methanex's dividend history.

What price target have analysts set for MX?

5 equities research analysts have issued 1-year price objectives for Methanex's shares. Their forecasts range from C$38.00 to C$57.00. On average, they expect Methanex's stock price to reach C$49.50 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for Methanex
or view top-rated stocks among Wall Street analysts.

Who are Methanex's key executives?

Methanex's management team includes the following people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 62, Pay $2.58M)
  • 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
  • Mr. Kevin L. Henderson, Sr. VP of Manufacturing
  • Kim Campbell, Director of Investor Relations
  • Mr. Kevin Price, Gen. Counsel & Corp. Sec.
  • Mr. Bradley W. Boyd, Sr. VP of Corp. Resources

Who are some of Methanex's key competitors?

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 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$50.17.

How much money does Methanex make?

Methanex has a market capitalization of C$3.82 billion and generates C$2.65 billion in revenue each year.

How many employees does Methanex have?

Methanex employs 1,544 workers across the globe.

What is Methanex's official website?

The official website for Methanex is www.methanex.com.

Where are Methanex's headquarters?

Methanex is headquartered at 1800-200 Burrard St, VANCOUVER, BC V6C 3M1, Canada.

How can I contact Methanex?

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


This page was last updated on 4/12/2021 by MarketBeat.com Staff
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