What is Scotiabank’s Forecast for Methanex FY2026 Earnings?

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Investment analysts at Scotiabank lifted their FY2026 earnings estimates for shares of Methanex in a note issued to investors on Wednesday, July 15th. Scotiabank analyst B. Isaacson now forecasts that the specialty chemicals company will earn $8.01 per share for the year, up from their prior forecast of $7.62. Scotiabank currently 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 research analysts have also weighed in on the company. UBS Group raised their target price on Methanex from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, May 1st. Zacks Research downgraded Methanex from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. JPMorgan Chase & Co. lowered 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 research report on Friday, May 1st. Wall Street Zen upgraded Methanex from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Weiss Ratings downgraded shares of Methanex from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. 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 MarketBeat, Methanex presently has a consensus rating of “Hold” and a consensus target price of $68.78.

Methanex Stock Performance

Shares of MEOH opened at $54.81 on Monday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.26 and a current ratio of 1.96. The stock has a 50 day moving average price of $55.44 and a two-hundred day moving average price of $53.66. The firm has a market capitalization of $4.24 billion, a P/E ratio of -111.86 and a beta of 0.60. Methanex has a 52 week low of $32.00 and a 52 week high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last announced its quarterly earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.08). The business had revenue of $957.42 million during the quarter, compared to the consensus estimate of $964.76 million. Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. Methanex’s revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.30 EPS.

Hedge Funds Weigh In On Methanex

A number of hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC purchased a new stake in shares of Methanex during the second quarter valued at approximately $50,000. Clearstead Advisors LLC lifted its holdings in Methanex by 336.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock worth $71,000 after acquiring an additional 1,375 shares during the period. Parkside Financial Bank & Trust boosted its position 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 worth $85,000 after purchasing an additional 812 shares during the last quarter. Fifth Third Bancorp boosted its position in Methanex by 1,087.3% in the first quarter. Fifth Third Bancorp now owns 3,823 shares of the specialty chemicals company’s stock worth $228,000 after purchasing an additional 3,501 shares during the last quarter. Finally, Park National Corp OH bought a new position in Methanex in the 1st quarter valued at $233,000. Hedge funds and other institutional investors own 73.49% of the company’s stock.

Methanex Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.74 annualized dividend and a dividend yield of 1.4%. Methanex’s dividend payout ratio (DPR) is currently -151.02%.

Key Headlines Impacting Methanex

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).