NASDAQ:MEOH Methanex (MEOH) Stock Price, News & Analysis → The #1 Crypto for 2024 (From InvestorPlace) (Ad) Free MEOH Stock Alerts $47.06 +0.17 (+0.36%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$46.67▼$47.5450-Day Range$41.61▼$51.2352-Week Range$38.18▼$51.42Volume131,913 shsAverage Volume335,100 shsMarket Capitalization$3.17 billionP/E Ratio19.13Dividend Yield1.57%Price Target$53.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside13.7% Upside$53.50 Price TargetShort InterestHealthy1.95% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth106.98%From $2.15 to $4.45 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.4.09 out of 5 starsBasic Materials Sector43rd out of 174 stocksIndustrial Organic Chemicals Industry2nd out of 18 stocks 3.3 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 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. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.95% of the float of Methanex has been sold short.Short Interest Ratio / Days to CoverMethanex has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Methanex has recently decreased by 2.99%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.56%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Methanex is 30.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Methanex will have a dividend payout ratio of 16.63% next year. This indicates that Methanex will be able to sustain or increase its 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 2.7 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 0.78. 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 0.42 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Methanex this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for MEOH on MarketBeat in the last 30 days. This is a decrease of 0% 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 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Methanex are expected to grow by 106.98% in the coming year, from $2.15 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 19.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 19.13, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.25.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.46. 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 DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story 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 HeadlinesApril 18, 2024 | americanbankingnews.comQ1 2024 EPS Estimates for Methanex Co. (NASDAQ:MEOH) Lifted by Raymond JamesApril 17, 2024 | americanbankingnews.comMethanex (MEOH) Set to Announce Earnings on WednesdayApril 19, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 14, 2024 | americanbankingnews.comMethanex Co. (NASDAQ:MEOH) Given Average Recommendation of "Moderate Buy" by BrokeragesApril 9, 2024 | investorplace.comMEOH Stock Earnings: Methanex Beats EPS, Beats Revenue for Q4 2023March 28, 2024 | finance.yahoo.comMEOH: Raising target price to $47.00March 15, 2024 | finance.yahoo.comMEOH Apr 2024 50.000 putMarch 15, 2024 | finance.yahoo.comMEOH Oct 2024 45.000 putApril 19, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereMarch 12, 2024 | finance.yahoo.comSustainability in the Maritime Market Size & TrendsMarch 8, 2024 | globenewswire.comMethanex Releases 2023 Sustainability ReportMarch 6, 2024 | finance.yahoo.comDOW Apr 2024 64.000 callMarch 4, 2024 | markets.businessinsider.comScotiabank Reaffirms Their Buy Rating on Methanex (MEOH)March 4, 2024 | markets.businessinsider.comMethanex (MEOH) Receives a Buy from BarclaysMarch 3, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methanex Corporation - MEOHMarch 1, 2024 | finance.yahoo.comDOW Mar 2024 45.000 putFebruary 28, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methanex Corporation - MEOHFebruary 27, 2024 | msn.comSHAREHOLDER ALERT: Potential Recovery for Methanex Corporation (MEOH) InvestorsFebruary 26, 2024 | businesswire.comMethanex Corporation (MEOH) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsFebruary 22, 2024 | businesswire.comKirby McInerney LLP Announces Investigation of Shareholder Claims Against Methanex Corp. (MEOH)February 21, 2024 | theglobeandmail.comMethanex isn’t Canada’s biggest company, but it’s a true global championFebruary 21, 2024 | finance.yahoo.comMethanex (MEOH) Offers Updates on Geismar G3 Methanol PlantFebruary 21, 2024 | msn.comS&P/TSX composite edges higher, U.S. stock markets down after holiday MondayFebruary 20, 2024 | globenewswire.comMethanex Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaFebruary 12, 2024 | markets.businessinsider.comMethanex (MEOH) Gets a Buy from BarclaysFebruary 6, 2024 | seekingalpha.comMethanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive OutlookFebruary 2, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Methanex (MEOH) and Corteva (CTVA)See 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 Last Earnings1/31/2024Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Today4/18/2024Next Earnings (Confirmed)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial organic chemicals Sub-IndustryN/A Current SymbolNASDAQ:MEOH CUSIPN/A CIK886977 Webwww.methanex.com Phone(604) 661-2600Fax604-661-2676Employees1,451Year Founded1968Price Target and Rating Average Stock Price Target$53.50 High Stock Price Target$62.00 Low Stock Price Target$45.00 Potential Upside/Downside+13.7%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.46 Trailing P/E Ratio19.13 Forward P/E Ratio21.89 P/E GrowthN/ANet Income$174.14 million Net Margins4.67% Pretax Margin7.67% Return on Equity6.71% Return on Assets2.36% Debt Debt-to-Equity Ratio0.84 Current Ratio1.14 Quick Ratio0.81 Sales & Book Value Annual Sales$3.72 billion Price / Sales0.85 Cash Flow$8.00 per share Price / Cash Flow5.88 Book Value$32.25 per share Price / Book1.46Miscellaneous Outstanding Shares67,390,000Free Float66,713,000Market Cap$3.17 billion OptionableOptionable Beta1.50 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Richard W. Sumner (Age 49)President, CEO & Director Comp: $1.85MMr. 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:GPREWestlake Chemical PartnersNYSE:WLKPNewMarketNYSE:NEUView All CompetitorsInstitutional OwnershipDixon Mitchell Investment Counsel Inc.Bought 53,219 shares on 4/18/2024Ownership: 1.583%Addenda Capital Inc.Sold 447 shares on 4/16/2024Ownership: 0.238%Vanguard Group Inc.Bought 425,104 shares on 3/11/2024Ownership: 3.627%Wellington Management Group LLPBought 599,778 shares on 3/5/2024Ownership: 6.762%Goldman Sachs Group Inc.Bought 118,920 shares on 3/1/2024Ownership: 0.333%View All Institutional Transactions MEOH Stock Analysis - Frequently Asked Questions Should I buy or sell Methanex stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MEOH shares. View MEOH analyst ratings or view top-rated stocks. What is Methanex's stock price target for 2024? 7 Wall Street research analysts have issued 1 year price targets for Methanex's shares. Their MEOH share price targets range from $45.00 to $62.00. On average, they predict the company's share price to reach $53.50 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View analysts price targets for MEOH or view top-rated stocks among Wall Street analysts. How have MEOH shares performed in 2024? Methanex's stock was trading at $47.36 at the beginning of 2024. Since then, MEOH stock has decreased by 0.6% and is now trading at $47.06. 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, April 24th 2024. View our MEOH earnings forecast. How can I listen to Methanex's earnings call? Methanex will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings data on Wednesday, January, 31st. The specialty chemicals company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.24. The specialty chemicals company earned $922 million during the quarter, compared to analysts' expectations of $901.21 million. Methanex had a net margin of 4.67% and a trailing twelve-month return on equity of 6.71%. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex announced a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.185 per share on Thursday, March 28th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Wednesday, March 13th. Read our dividend analysis for MEOH. Is Methanex a good dividend stock? Methanex (NASDAQ:MEOH) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.56%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MEOH will have a dividend payout ratio of 16.63% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MEOH. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), AT&T (T), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and NIC (EGOV). Who are Methanex's major shareholders? Methanex's stock is owned by many different retail and institutional investors. Top institutional investors include Dixon Mitchell Investment Counsel Inc. (1.58%) and Addenda Capital Inc. (0.24%). 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. 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