Scotiabank Has Strong Estimate for Methanex FY2027 Earnings

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Research analysts at Scotiabank upped their FY2027 EPS estimates for shares of Methanex in a report issued on Wednesday, July 15th. Scotiabank analyst B. Isaacson now forecasts that the specialty chemicals company will post earnings of $5.81 per share for the year, up from their previous estimate of $5.80. 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 $8.27 per share.

A number of other equities analysts have also recently commented on the company. Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $69.00 target price on shares of Methanex in a report on Friday, May 1st. Weiss Ratings downgraded shares of Methanex from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Royal Bank Of Canada cut their price objective on shares of Methanex from $70.00 to $65.00 and set a “sector perform” rating for the company in a report on Wednesday, July 1st. Wall Street Zen lowered Methanex from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, JPMorgan Chase & Co. cut Methanex from an “overweight” rating to a “neutral” rating and increased their price target for the company from $56.00 to $65.00 in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Methanex has an average rating of “Hold” and an average price target of $68.78.

Methanex Stock Up 3.1%

MEOH stock opened at $54.81 on Friday. Methanex has a 52 week low of $32.00 and a 52 week high of $66.75. The company has a quick ratio of 1.26, a current ratio of 1.96 and a debt-to-equity ratio of 0.98. The firm has a 50-day simple moving average of $55.44 and a 200-day simple moving average of $53.57. The stock has a market capitalization of $4.24 billion, a P/E ratio of -111.86 and a beta of 0.60.

Methanex (NASDAQ:MEOH) (TSE:MX) last posted its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $957.42 million for the quarter, compared to analysts’ expectations of $964.76 million. During the same period in the previous year, the business earned $1.30 earnings per share. The business’s revenue for the quarter was up 8.7% on a year-over-year basis.

Hedge Funds Weigh In On Methanex

Several large investors have recently modified their holdings of MEOH. Amundi lifted its position in Methanex by 3.9% in the first quarter. Amundi now owns 22,791 shares of the specialty chemicals company’s stock valued at $800,000 after buying an additional 848 shares during the last quarter. Hsbc Holdings PLC purchased a new position in Methanex during the second quarter worth about $419,000. Invesco Ltd. increased its position in shares of Methanex by 15.7% during the second quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company’s stock valued at $8,250,000 after acquiring an additional 33,827 shares during the last quarter. AXA S.A. acquired a new stake in shares of Methanex during the second quarter valued at about $166,000. Finally, Qube Research & Technologies Ltd raised 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 acquiring an additional 36,211 shares during the period. Institutional investors and hedge funds own 73.49% of the company’s stock.

Methanex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.185 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.74 dividend on an annualized basis and a yield of 1.4%. Methanex’s dividend payout ratio is currently -151.02%.

Methanex News Roundup

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

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).