Methanex Corporation (NASDAQ:MEOH – Free Report) (TSE:MX) – Equities researchers at Zacks Research lifted their Q3 2026 EPS estimates for Methanex in a report released on Monday, August 17th. Zacks Research analyst Team now anticipates that the specialty chemicals company will post earnings of $3.10 per share for the quarter, up from their prior estimate of $1.92. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Methanex’s current full-year earnings is $8.60 per share. Zacks Research also issued estimates for Methanex’s Q4 2026 earnings at $1.74 EPS, FY2026 earnings at $8.53 EPS, Q1 2027 earnings at $2.22 EPS, Q2 2027 earnings at $2.06 EPS, Q3 2027 earnings at $0.73 EPS, Q4 2027 earnings at $0.82 EPS, FY2027 earnings at $5.83 EPS, Q1 2028 earnings at $0.98 EPS, Q2 2028 earnings at $2.02 EPS and FY2028 earnings at $4.35 EPS.
A number of other brokerages have also commented on MEOH. Weiss Ratings raised shares of Methanex from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. lowered Methanex from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $56.00 to $65.00 in a report on Friday, May 1st. Wall Street Zen cut Methanex from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 15th. UBS Group raised their price objective on Methanex from $70.00 to $71.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, National Bank Financial set a $70.00 target price on Methanex and gave the company an “outperform” rating in a research report on Monday, July 13th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $68.56.
Methanex Price Performance
Methanex stock opened at $57.08 on Monday. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 55.42 and a beta of 0.58. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.07 and a quick ratio of 1.35. Methanex has a 1 year low of $32.00 and a 1 year high of $66.75. The firm has a 50-day moving average of $52.88 and a two-hundred day moving average of $55.48.
Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.87 EPS for the quarter, missing the consensus estimate of $4.00 by ($0.13). Methanex had a return on equity of 11.35% and a net margin of 2.07%.The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the business earned $0.97 EPS. The company’s quarterly revenue was up 75.0% on a year-over-year basis.
Institutional Trading of Methanex
A number of hedge funds have recently bought and sold shares of MEOH. NewEdge Advisors LLC purchased a new position in shares of Methanex in the 2nd quarter valued at $50,000. Clearstead Advisors LLC lifted its stake in shares of Methanex by 336.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock worth $71,000 after purchasing an additional 1,375 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Methanex by 61.0% during the 4th 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. State of Wyoming bought a new stake in Methanex during the second quarter valued at about $153,000. Finally, AXA S.A. bought a new stake in Methanex during the second quarter valued at about $166,000. Hedge funds and other institutional investors 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 dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 16th. Methanex’s dividend payout ratio (DPR) is presently 71.84%.
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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