NASDAQ:MEOH Methanex (MEOH) Stock Price, News & Analysis $42.45 -2.52 (-5.60%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$41.92▼$44.9450-Day Range$40.68▼$52.9252-Week Range$38.31▼$56.43Volume562,932 shsAverage Volume282,211 shsMarket Capitalization$2.86 billionP/E Ratio17.99Dividend Yield1.74%Price Target$56.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside32.5% Upside$56.25 Price TargetShort InterestHealthy1.02% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.47Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth73.49%From $2.49 to $4.32 Per ShareSee 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.4.57 out of 5 starsBasic Materials Sector26th out of 180 stocksIndustrial Organic Chemicals Industry2nd out of 19 stocks 4.4 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageMethanex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Methanex's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.02% of the float of Methanex has been sold short.Short Interest Ratio / Days to CoverMethanex has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Methanex has recently increased by 10.87%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.66%, 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 31.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Methanex will have a dividend payout ratio of 17.13% next year. This indicates that Methanex will be able to sustain or increase its dividend.Read more about Methanex's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEOH. Previous Next 1.9 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Methanex this week, compared to 3 articles on an average week. 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 1.00% of the stock of Methanex is held by insiders.Percentage Held by Institutions73.49% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Methanex's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Methanex are expected to grow by 73.49% in the coming year, from $2.49 to $4.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 17.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 17.99, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.49.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Methanex's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Methanex Stock (NASDAQ:MEOH)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 MEOH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEOH Stock News HeadlinesSeptember 5 at 2:49 AM | americanbankingnews.comRoyal Bank of Canada Reiterates "Sector Perform" Rating for Methanex (NASDAQ:MEOH)September 3, 2024 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Methanex (MEOH)September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 29, 2024 | finance.yahoo.comMethanex (MEOH) Down 7% Since Last Earnings Report: Can It Rebound?August 29, 2024 | markets.businessinsider.comMethanex’s Strong Market Outlook and Upside Potential Justify Buy RatingAugust 28, 2024 | americanbankingnews.comGolden Arrow Merger (NASDAQ:GAMC) vs. Methanex (NASDAQ:MEOH) Head-To-Head SurveyAugust 25, 2024 | msn.comWhat would happen to jobs and emissions if Methanex left New Zealand?August 13, 2024 | msn.comMethanex temporarily shutting New Zealand methanol plantsSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 13, 2024 | bloomberg.comMethanex Helps to Ease New Zealand Power Squeeze by Idling PlantAugust 13, 2024 | msn.comMethanex shutters operations to keep NZ’s lights on – and make moneyAugust 12, 2024 | globenewswire.comMethanex Corporation to Temporarily Idle New Zealand Operations to Assist in Improving Energy BalancesAugust 3, 2024 | nasdaq.comMEOH Makes Notable Cross Below Critical Moving AverageAugust 1, 2024 | finanznachrichten.deMethanex Corporation: Geismar 3 ("G3") Produces First Methanol and Methanex Reports Higher Second Quarter 2024 EarningsAugust 1, 2024 | markets.businessinsider.comScotiabank Keeps Their Buy Rating on Methanex (MEOH)July 30, 2024 | globenewswire.comGeismar 3 (“G3”) Produces First Methanol and Methanex Reports Higher Second Quarter 2024 EarningsJuly 30, 2024 | finance.yahoo.comGreen Methanol Market worth $ 11.1 billion by 2030 Globally, at a CAGR of 33.8 % says MarketsandMarkets™July 18, 2024 | globenewswire.comMethanex Corporation – Notice of Cash DividendSee More Headlines Receive MEOH 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 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/30/2024Today9/07/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial organic chemicals Sub-IndustryChemicals Current SymbolNASDAQ:MEOH CUSIPN/A CIK886977 Webwww.methanex.com Phone(604) 661-2600Fax604-661-2676Employees1,451Year Founded1968Price Target and Rating Average Stock Price Target$56.25 High Stock Price Target$62.00 Low Stock Price Target$48.00 Potential Upside/Downside+32.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.36 Trailing P/E Ratio17.99 Forward P/E Ratio17.05 P/E GrowthN/ANet Income$174.14 million Net Margins4.05% Pretax Margin5.91% Return on Equity5.44% Return on Assets1.90% Debt Debt-to-Equity Ratio0.80 Current Ratio1.25 Quick Ratio0.87 Sales & Book Value Annual Sales$3.58 billion Price / Sales0.80 Cash Flow$7.36 per share Price / Cash Flow5.77 Book Value$33.89 per share Price / Book1.25Miscellaneous Outstanding Shares67,387,000Free Float66,713,000Market Cap$2.86 billion OptionableOptionable Beta1.36 Social Links 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: $1.82MMr. 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 CompetitorsRenewable Energy GroupNASDAQ:REGISensient TechnologiesNYSE:SXTGreen PlainsNASDAQ:GPRENewMarketNYSE:NEUCodexisNASDAQ:CDXSView All CompetitorsInstitutional OwnershipClearbridge Investments LLCBought 8,150 shares on 8/27/2024Ownership: 0.078%Truist Financial CorpBought 294 shares on 8/21/2024Ownership: 0.009%Point72 Asset Management L.P.Sold 551,935 shares on 8/19/2024Ownership: 0.013%The Manufacturers Life Insurance Company Bought 887 shares on 8/15/2024Ownership: 0.083%Toronto Dominion BankBought 5,451 shares on 8/15/2024Ownership: 0.049%View All Institutional Transactions MEOH Stock Analysis - Frequently Asked Questions How have MEOH shares performed this year? Methanex's stock was trading at $47.36 at the start of the year. Since then, MEOH stock has decreased by 10.4% and is now trading at $42.45. View the best growth stocks for 2024 here. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Tuesday, July, 30th. The specialty chemicals company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.10. The firm's revenue was down 2.0% on a year-over-year basis. Who are Methanex's major shareholders? Methanex's top institutional shareholders include M&G Plc (19.33%), Bank of Montreal Can (1.69%), Dixon Mitchell Investment Counsel Inc. (1.60%) and Dimensional Fund Advisors LP (1.40%). How do I buy shares of Methanex? Shares of MEOH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some other companies that Methanex investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), AT&T (T), Micron Technology (MU) and Verizon Communications (VZ). This page (NASDAQ:MEOH) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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