
Methanex Corporation (NASDAQ:MEOH – Free Report) (TSE:MX) – Equities researchers at Scotiabank lifted their FY2027 earnings estimates for Methanex in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst B. Isaacson now anticipates that the specialty chemicals company will earn $5.81 per share for the year, up from their previous forecast of $5.80. Scotiabank currently has a “Outperform” rating and a $80.00 target price on the stock. The consensus estimate for Methanex’s current full-year earnings is $8.18 per share.
Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) last posted its quarterly earnings data 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). Methanex had a positive return on equity of 2.96% and a negative net margin of 1.25%.The company had revenue of $957.42 million during the quarter, compared to the consensus estimate of $964.76 million. During the same quarter last year, the firm earned $1.30 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis.
View Our Latest Stock Report on MEOH
Methanex Stock Down 2.2%
Shares of MEOH opened at $53.18 on Friday. The business’s fifty day moving average price is $55.55 and its two-hundred day moving average price is $53.56. The firm has a market capitalization of $4.11 billion, a price-to-earnings ratio of -108.53 and a beta of 0.60. Methanex has a 52 week low of $32.00 and a 52 week high of $66.75. 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 Dividend Announcement
The business 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. This represents a $0.74 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, September 16th. Methanex’s dividend payout ratio is currently -151.02%.
Hedge Funds Weigh In On Methanex
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in shares of Methanex by 546.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 269,374 shares of the specialty chemicals company’s stock valued at $10,710,000 after acquiring an additional 227,723 shares during the period. Ritholtz Wealth Management acquired a new position in Methanex during the fourth quarter valued at approximately $375,000. Intact Investment Management Inc. grew its holdings in Methanex by 17.2% during the fourth quarter. Intact Investment Management Inc. now owns 677,610 shares of the specialty chemicals company’s stock valued at $26,875,000 after purchasing an additional 99,210 shares during the period. TD Asset Management Inc increased its stake in Methanex by 35.2% in the fourth quarter. TD Asset Management Inc now owns 932,123 shares of the specialty chemicals company’s stock valued at $37,020,000 after purchasing an additional 242,662 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Methanex by 14.0% in the fourth quarter. Vanguard Group Inc. now owns 2,746,051 shares of the specialty chemicals company’s stock valued at $108,917,000 after purchasing an additional 336,316 shares in the last quarter. Institutional investors own 73.49% of the company’s stock.
Trending Headlines about Methanex
Here are the key news stories impacting Methanex this week:
- Positive Sentiment: Methanex announced a quarterly dividend of US$0.185 per share, payable September 30 to shareholders of record on September 16. The payout signals management confidence in cash flow and adds to the stock’s income appeal. Article Title
- Positive Sentiment: Scotiabank reiterated an Outperform rating and set an $80 price target, with analysts expecting Q2 2026 EPS of $3.78. That suggests Street confidence in near-term earnings power. Article Title
- Neutral Sentiment: Additional coverage from other outlets also highlighted the dividend announcement, reinforcing the same theme rather than adding new fundamental information. Article Title
- Negative Sentiment: Reports that Methanex shut down its Titan plant raise concerns about near-term production disruption or maintenance-related downtime, which could pressure operating results if prolonged. Article Title
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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