Methanex Stock News

Methanex (MEOH) closed at $39.78 in the latest trading session, marking a -1.07% move from the prior day.

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Equities research analysts forecast that Methanex Co. (NASDAQ:MEOH) (TSE:MX) will announce sales of $1.20 billion for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Methanexs earnings, with the highest sales estimate coming in at $1.33 billion and the lowest estimate coming in at $1.07 billion. Methanex posted sales of $811.32 []

Shares of Methanex Co. (NASDAQ:MEOH) (TSE:MX) have received a consensus rating of Buy from the fifteen analysts that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and nine have given a buy recommendation to the company. The average []

Invesco Ltd. lessened its holdings in Methanex Co. (NASDAQ:MEOH) (TSE:MX) by 1.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 298,504 shares of the specialty chemicals companys stock after selling 3,172 shares during the quarter. Invesco Ltd.s holdings in Methanex were worth $9,871,000 at the end of the most recent reporting period. Other []

Methanex Co. (TSE:MX) (NASDAQ:MEOH) has been assigned an average recommendation of Buy from the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average []

Shares of Methanex Co. (TSE:MX) (NASDAQ:MEOH) have earned a consensus recommendation of Buy from the eleven analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month []

Methanex Co. (NASDAQ:MEOH) (TSE:MX) announced a quarterly dividend on Wednesday, November 17th, Zacks reports. Shareholders of record on Friday, December 17th will be paid a dividend of 0.125 per share by the specialty chemicals company on Friday, December 31st. This represents a $0.50 annualized dividend and a yield of 1.13%. The ex-dividend date is Thursday, []

Goldman Sachs Group Inc. lifted its holdings in shares of Methanex Co. (NASDAQ:MEOH) (TSE:MX) by 178.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 184,094 shares of the specialty chemicals companys stock after acquiring an additional 118,088 shares during the period. Goldman Sachs Group Inc.s holdings in []

VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.125 per share. The dividend will be payable on December 31, 2021 to holders of common shares of record on December 17, 2021.

Marshall Wace LLP purchased a new position in Methanex Co. (NASDAQ:MEOH) (TSE:MX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 244,101 shares of the specialty chemicals companys stock, valued at approximately $8,078,000. Marshall Wace LLP owned approximately 0.32% of Methanex []

Methanex Co. (TSE:MX) (NASDAQ:MEOH)s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$47.53 and traded as high as C$57.33. Methanex shares last traded at C$56.68, with a volume of 143,465 shares traded. A number of equities analysts recently issued reports on the []

Companies covered in the methanol market report are Methanex Corporation (Canada), HELM AG (Germany), Southern Chemical Corporation (U.S.), SABIC (Saudi Arabia), Mitsubishi Gas Chemical Company, Inc. (Japan), Zagros Petroleum(Iran), PETRONAS (Malaysia), Mitsui & Co., Ltd. (Japan), Celanese Corporation (U.S.), BASF SE (Germany), Simalin Chemical Industries Pvt. Ltd. (India), and more players profiled. Companies covered in the methanol market report are Methanex Corporation (Canada), HELM AG (Germany), Southern Chemical Corporation (U.S.), SABIC (Saudi Arabia), Mitsubishi Gas Chemical Company, Inc. (Japan), Zagros Petroleum(Iran), PETRONAS (Malaysia), Mitsui & Co., Ltd. (Japan), Celanese Corporation (U.S.), BASF SE (Germany), Simalin Chemical Industries Pvt. Ltd. (India), and more players profiled.

Wall Street analysts expect Methanex Co. (NASDAQ:MEOH) (TSE:MX) to post sales of $1.20 billion for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Methanexs earnings, with the lowest sales estimate coming in at $1.07 billion and the highest estimate coming in at $1.33 billion. Methanex reported sales of $811.32 million during []

Methanex might not seem like a desirable dividend opportunity on the surface but when digging deeper, this appears poised to change as soon as early 2022.