What is Scotiabank’s Estimate for Methanex Q2 Earnings?

Methanex Corporation (NASDAQ:MEOHFree Report) (TSE:MX) – Analysts at Scotiabank issued their Q2 2026 earnings estimates for Methanex in a note issued to investors on Tuesday, July 14th. Scotiabank analyst B. Isaacson forecasts that the specialty chemicals company will earn $3.78 per share for the quarter. Scotiabank has a “Outperform” rating and a $80.00 price target on the stock. The consensus estimate for Methanex’s current full-year earnings is $8.18 per share.

Several other equities analysts have also issued reports on MEOH. JPMorgan Chase & Co. lowered shares of Methanex from an “overweight” rating to a “neutral” rating and lifted their price objective for the company from $56.00 to $65.00 in a report on Friday, May 1st. Canadian Imperial Bank of Commerce restated a “neutral” rating and set a $69.00 target price on shares of Methanex in a report on Friday, May 1st. Royal Bank Of Canada dropped their target price on Methanex from $70.00 to $65.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 1st. Zacks Research downgraded Methanex from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Weiss Ratings downgraded shares of Methanex from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $68.78.

Get Our Latest Stock Report on MEOH

Methanex Price Performance

Shares of MEOH opened at $54.81 on Thursday. The company has a 50 day moving average price of $55.44 and a 200-day moving average price of $53.57. Methanex has a fifty-two week low of $32.00 and a fifty-two week high of $66.75. The stock has a market capitalization of $4.24 billion, a PE ratio of -111.86 and a beta of 0.60. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.26 and a current ratio of 1.96.

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) last posted its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The business had revenue of $957.42 million for the quarter, compared to analysts’ expectations of $964.76 million. During the same period last year, the business posted $1.30 EPS. The company’s revenue for the quarter was up 8.7% on a year-over-year basis.

Hedge Funds Weigh In On Methanex

A number of institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio boosted its position in Methanex by 0.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 82,381 shares of the specialty chemicals company’s stock worth $4,892,000 after purchasing an additional 225 shares in the last quarter. AMG National Trust Bank grew its position in Methanex by 4.8% during the first quarter. AMG National Trust Bank now owns 8,127 shares of the specialty chemicals company’s stock valued at $484,000 after buying an additional 374 shares during the period. NewEdge Advisors LLC grew its position in Methanex by 33.3% during the third quarter. NewEdge Advisors LLC now owns 2,000 shares of the specialty chemicals company’s stock valued at $80,000 after buying an additional 500 shares during the period. Parkside Financial Bank & Trust increased its holdings in Methanex by 61.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,143 shares of the specialty chemicals company’s stock valued at $85,000 after buying an additional 812 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Methanex by 8.2% in the fourth quarter. Franklin Resources Inc. now owns 10,706 shares of the specialty chemicals company’s stock worth $425,000 after acquiring an additional 813 shares during the period. Hedge funds and other institutional investors own 73.49% of the company’s stock.

Methanex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 16th. Methanex’s dividend payout ratio (DPR) is currently -151.02%.

More Methanex News

Here are the key news stories impacting Methanex this week:

  • Positive Sentiment: Methanex’s board declared a quarterly dividend of US$0.185 per share, signaling confidence in cash flow and providing income support for shareholders. Methanex Corporation – Notice of Cash Dividend
  • Positive Sentiment: Scotiabank slightly raised its FY2027 EPS estimate for Methanex and maintained an Outperform rating with an $80 price target, reinforcing a constructive view on the company’s earnings outlook. Methanex Corporation stock information
  • Positive Sentiment: Recent analyst coverage from National Bank was also described as positive, adding to the favorable sentiment around the name. Positive Report for Methanex (MEOH) from National Bank
  • Neutral Sentiment: Scotiabank’s Q2 2026 earnings estimate of $3.78 per share is in line with expectations for the upcoming quarter, so it is not a major new catalyst by itself. Methanex Corporation stock information
  • Negative Sentiment: News that Methanex shut down its Titan plant could raise concerns about near-term operating disruptions, which may weigh on sentiment. Methanex shuts down Titan plant

About Methanex

(Get Free Report)

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).

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Earnings History and Estimates for Methanex (NASDAQ:MEOH)

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