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TSE:MXMethanex Stock Price, Forecast & News

C$23.92
+1.61 (+7.22 %)
(As of 06/2/2020 06:56 AM ET)
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Today's Range
C$22.00
Now: C$23.92
C$24.66
50-Day Range
C$17.43
MA: C$20.90
C$24.39
52-Week Range
C$13.24
Now: C$23.92
C$62.80
Volume756,725 shs
Average Volume609,873 shs
Market CapitalizationC$1.82 billion
P/E Ratio33.31
Dividend Yield6.77%
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. The company was founded in 1968 and is headquartered in Vancouver, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.24 out of 5 stars


Industry, Sector and Symbol

Industry Chemicals
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
CIKN/A
Phone+1-604-6612600

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.13 billion
Cash FlowC$10.60 per share
Book ValueC$17.84 per share

Profitability

Miscellaneous

Employees1,426
Market CapC$1.82 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Methanex (TSE:MX) Frequently Asked Questions

How has Methanex's stock been impacted by COVID-19 (Coronavirus)?

Methanex's stock was trading at C$23.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MX shares have increased by 0.0% and is now trading at C$23.92. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Methanex?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Methanex.

When is Methanex's next earnings date?

Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Methanex.

How were Methanex's earnings last quarter?

Methanex Co. (TSE:MX) issued its quarterly earnings data on Tuesday, May, 5th. The company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.03. The firm had revenue of $1 billion for the quarter. View Methanex's earnings history.

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

Methanex announced a quarterly dividend on Thursday, January 30th. Stockholders of record on Tuesday, March 17th will be given a dividend of 0.468 per share on Tuesday, March 31st. This represents a $1.87 annualized dividend and a yield of 7.83%. The ex-dividend date of this dividend is Monday, March 16th. View Methanex's dividend history.

What price target have analysts set for MX?

3 brokers have issued 12 month target prices for Methanex's shares. Their forecasts range from C$21.00 to C$65.00. On average, they anticipate Methanex's share price to reach C$35.67 in the next year. This suggests a possible upside of 49.1% from the stock's current price. View analysts' price targets for Methanex.

Has Methanex been receiving favorable news coverage?

News coverage about MX stock has been trending very positive on Tuesday, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Methanex earned a coverage optimism score of 3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutMethanex.

Who are some of Methanex's key competitors?

What other stocks do shareholders of Methanex own?

Who are Methanex's key executives?

Methanex's management team includes the following people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 60)
  • 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

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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Methanex's stock price today?

One share of MX stock can currently be purchased for approximately C$23.92.

How big of a company is Methanex?

Methanex has a market capitalization of C$1.82 billion and generates C$3.13 billion in revenue each year. Methanex employs 1,426 workers across the globe.

What is Methanex's official website?

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

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 6/2/2020 by MarketBeat.com Staff

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