Q1 Earnings Estimate for Methanex Issued By Scotiabank

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Analysts at Scotiabank issued their Q1 2026 EPS estimates for shares of Methanex in a research note issued on Tuesday, April 21st. Scotiabank analyst B. Isaacson expects that the specialty chemicals company will earn $0.54 per share for the quarter. Scotiabank currently has a “Sector Outperform” rating and a $70.00 target price on the stock. The consensus estimate for Methanex’s current full-year earnings is $4.55 per share.

Other equities research analysts have also issued reports about the company. Canadian Imperial Bank of Commerce upped their price objective on Methanex from $52.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. Royal Bank Of Canada lowered Methanex from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from $55.00 to $65.00 in a research note on Thursday, April 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Methanex in a research note on Monday, December 29th. Zacks Research raised Methanex from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, BMO Capital Markets boosted their target price on shares of Methanex from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.20.

Methanex Stock Up 0.4%

Shares of MEOH opened at $60.37 on Thursday. The company has a quick ratio of 1.37, a current ratio of 2.06 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $55.16 and a two-hundred day moving average price of $45.47. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 53.42 and a beta of 0.56. Methanex has a 12 month low of $29.93 and a 12 month high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last issued its earnings results on Thursday, March 5th. The specialty chemicals company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.95). Methanex had a net margin of 2.21% and a return on equity of 5.35%. The business had revenue of $968.81 million for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm posted $1.24 earnings per share. Methanex’s revenue was up 2.1% on a year-over-year basis.

Methanex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a dividend of $0.185 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.74 annualized dividend and a yield of 1.2%. Methanex’s dividend payout ratio is 65.49%.

Hedge Funds Weigh In On Methanex

A number of institutional investors have recently modified their holdings of the stock. Amundi grew its stake in shares of Methanex by 3.9% during the first quarter. Amundi now owns 22,791 shares of the specialty chemicals company’s stock valued at $800,000 after purchasing an additional 848 shares during the last quarter. Hsbc Holdings PLC acquired a new position in Methanex during the 2nd quarter worth $419,000. Invesco Ltd. lifted its holdings in Methanex by 15.7% during the 2nd quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company’s stock worth $8,250,000 after buying an additional 33,827 shares in the last quarter. AXA S.A. bought a new position in Methanex in the 2nd quarter valued at $166,000. Finally, Qube Research & Technologies Ltd increased its stake in shares of Methanex by 327.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 47,284 shares of the specialty chemicals company’s stock valued at $1,565,000 after buying an additional 36,211 shares during the period. 73.49% of the stock is owned by institutional investors.

Methanex Company Profile

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).