What is Scotiabank’s Estimate for Methanex Q1 Earnings?

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Investment analysts at Scotiabank issued their Q1 2026 earnings per share estimates for shares of Methanex in a research note issued to investors on Tuesday, April 21st. Scotiabank analyst B. Isaacson expects that the specialty chemicals company will earn $0.54 per share for the quarter. Scotiabank currently has a “Sector Outperform” rating and a $70.00 target price on the stock. The consensus estimate for Methanex’s current full-year earnings is $4.55 per share.

Methanex (NASDAQ:MEOH) (TSE:MX) last announced its quarterly earnings results on Thursday, March 5th. The specialty chemicals company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.95). Methanex had a net margin of 2.21% and a return on equity of 5.35%. The firm had revenue of $968.81 million during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the previous year, the company posted $1.24 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis.

MEOH has been the subject of a number of other reports. Jefferies Financial Group increased their price target on Methanex from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada lowered Methanex from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from $55.00 to $65.00 in a research report on Thursday, April 2nd. UBS Group raised their target price on Methanex from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. BMO Capital Markets raised their target price on Methanex from $65.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 18th. Finally, Raymond James Financial raised 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. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.20.

Methanex Stock Up 3.0%

Shares of MEOH opened at $60.10 on Thursday. Methanex has a 52 week low of $29.58 and a 52 week high of $66.75. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 53.19 and a beta of 0.56. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.37 and a current ratio of 2.06. The stock has a fifty day moving average of $54.91 and a 200-day moving average of $45.36.

Methanex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, March 17th. Methanex’s dividend payout ratio (DPR) is presently 65.49%.

Institutional Trading of Methanex

A number of large investors have recently bought and sold shares of the business. Pictet Asset Management Holding SA grew its holdings in Methanex by 19.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 11,038 shares of the specialty chemicals company’s stock worth $656,000 after acquiring an additional 1,760 shares during the period. Union Bancaire Privee UBP SA acquired a new stake in Methanex during the 1st quarter worth about $2,481,000. Value Partners Investments Inc. grew its holdings in Methanex by 4.6% during the 1st quarter. Value Partners Investments Inc. now owns 21,774 shares of the specialty chemicals company’s stock worth $1,295,000 after acquiring an additional 959 shares during the period. Ritholtz Wealth Management grew its holdings in Methanex by 97.3% during the 1st quarter. Ritholtz Wealth Management now owns 18,617 shares of the specialty chemicals company’s stock worth $1,108,000 after acquiring an additional 9,179 shares during the period. Finally, Park National Corp OH acquired a new stake in Methanex during the 1st quarter worth about $233,000. 73.49% of the stock is currently owned by institutional investors and hedge funds.

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).