Methanex Corporation (NASDAQ:MEOH – Get Free Report) (TSE:MX) has received an average recommendation of “Hold” from the eleven ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $68.7778.
Several equities analysts have weighed in on the stock. National Bank Financial set a $70.00 price objective on shares of Methanex and gave the stock an “outperform” rating in a research report on Monday, July 13th. Royal Bank Of Canada decreased their price objective on Methanex from $70.00 to $65.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 1st. Scotiabank increased their price objective on Methanex from $70.00 to $80.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Raymond James Financial upped their target price on Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a research report on Thursday, April 16th. Finally, Wall Street Zen downgraded Methanex from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th.
View Our Latest Stock Report on MEOH
Institutional Trading of Methanex
Methanex Price Performance
NASDAQ:MEOH opened at $54.81 on Friday. 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 business’s 50-day moving average price is $55.44 and its 200 day moving average price is $53.57. Methanex has a 52-week low of $32.00 and a 52-week high of $66.75. The firm has a market cap of $4.24 billion, a P/E ratio of -111.86 and a beta of 0.60.
Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) last announced its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a positive return on equity of 2.96% and a negative net margin of 1.25%.The firm had revenue of $957.42 million during the quarter, compared to analyst estimates of $964.76 million. During the same quarter in the previous year, the business earned $1.30 earnings per share. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, sell-side analysts predict that Methanex will post 8.18 earnings per share for the current fiscal year.
Methanex Dividend Announcement
The company 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%.
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
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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