TSE:MX

Methanex (MX) Stock Price, News & Analysis

C$65.37
-0.56 (-0.85%)
(As of 04/22/2024 ET)
Today's Range
C$65.07
C$66.14
50-Day Range
C$56.18
C$69.60
52-Week Range
C$50.57
C$69.75
Volume
53,024 shs
Average Volume
96,270 shs
Market Capitalization
C$4.41 billion
P/E Ratio
18.68
Dividend Yield
1.55%
Price Target
C$50.00

Methanex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
23.5% Downside
C$50.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Methanex in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.48 out of 5 stars

MX stock logo

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.

MX Stock Price History

MX Stock News Headlines

Methanex (MX) Scheduled to Post Earnings on Wednesday
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
MEOH Apr 2024 45.000 call
MEOH Jul 2024 55.000 call
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Methanex Corp.
MEOH Feb 2024 30.000 put
Methanex Corporation (MX.TO)
Methanex Corporation Provides Update on Egypt Operations
Closing Bell: Methanex Corp up on Wednesday (MX)
Be Wary Of Methanex (TSE:MX) And Its Returns On Capital
Pleasing Signs As A Number Of Insiders Buy Methanex Stock
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/24/2024

Industry, Sector and Symbol

Industry
Chemicals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,451
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$50.00
High Stock Price Target
C$50.00
Low Stock Price Target
C$50.00
Potential Upside/Downside
-23.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$174.14 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.72 billion
Cash Flow
C$17.94 per share
Book Value
C$28.65 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.41 billion
Optionable
Not Optionable
Beta
1.94
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Key Executives

  • Mr. Richard W. Sumner (Age 49)
    President, CEO & Director
    Comp: $2.5M
  • Mr. Dean Richardson
    Senior VP of Finance & Chief Financial Officer
  • Ms. Karine Delbarre
    Senior Vice President of Global Marketing & Logistics
  • Mr. Bradley W. Boyd
    Senior Vice President of Corporate Resources
  • Mr. Gustavo Parra
    Senior Vice President of Manufacturing
  • Sarah Herriott
    Director of Investor Relations
  • Mr. Kevin Price
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Kevin M. Maloney
    Senior Vice President of Corporate Development
  • Mark Allard
    Senior Vice President of Low Carbon Solutions
  • Rawle Ramlochan
    Plant Manager

MX Stock Analysis - Frequently Asked Questions

Should I buy or sell Methanex stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research 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 shares. Their MX share price targets range from C$50.00 to C$50.00. On average, they predict the company's stock price to reach C$50.00 in the next twelve months. This suggests that the stock has a possible downside of 23.5%.
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 shares have increased by 4.3% and is now trading at C$65.37.
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 MX earnings forecast
.

How were Methanex's earnings last quarter?

Methanex Co. (TSE:MX) released its quarterly earnings data on Wednesday, January, 31st. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.37 by $0.34. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates 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 Thursday, February 1st. Investors of record on Thursday, March 14th will be given a dividend of 0.245 per share on Thursday, March 28th. This represents a $0.98 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Wednesday, March 13th.
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?
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 4/23/2024 by MarketBeat.com Staff

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