Zacks Research Issues Positive Outlook for Methanex Earnings

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Equities research analysts at Zacks Research lifted their Q4 2026 earnings per share estimates for Methanex in a research report issued on Monday, May 18th. Zacks Research analyst Team now expects that the specialty chemicals company will post earnings per share of $1.28 for the quarter, up from their prior estimate of $1.23. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Methanex’s current full-year earnings is $5.42 per share. Zacks Research also issued estimates for Methanex’s Q1 2028 earnings at $0.48 EPS.

Methanex (NASDAQ:MEOH) (TSE:MX) last announced its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The business 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 company earned $1.30 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on MEOH. JPMorgan Chase & Co. cut Methanex from an “overweight” rating to a “neutral” rating and upped their price target for the company from $56.00 to $65.00 in a research report on Friday, May 1st. Wall Street Zen raised Methanex from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Jefferies Financial Group increased their price target on shares of Methanex from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Canadian Imperial Bank of Commerce restated a “neutral” rating and set a $69.00 price target on shares of Methanex in a research report on Friday, May 1st. 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 note on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $66.78.

Methanex Price Performance

Shares of NASDAQ:MEOH opened at $62.07 on Wednesday. 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 company has a market capitalization of $4.80 billion, a P/E ratio of -126.67 and a beta of 0.60. The company’s 50-day moving average is $59.13 and its 200 day moving average is $48.59. Methanex has a fifty-two week low of $31.57 and a fifty-two week high of $66.75.

Methanex Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be issued a $0.185 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.2%. Methanex’s dividend payout ratio (DPR) is -151.02%.

Institutional Investors Weigh In On Methanex

Several large investors have recently added to or reduced their stakes in MEOH. NewEdge Advisors LLC bought a new stake in Methanex in the second quarter worth about $50,000. Parkside Financial Bank & Trust grew its holdings in shares of Methanex by 1,244.4% during the third quarter. Parkside Financial Bank & Trust now owns 1,331 shares of the specialty chemicals company’s stock valued at $53,000 after buying an additional 1,232 shares during the last quarter. Clearstead Advisors LLC grew its stake in Methanex by 336.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock valued at $71,000 after purchasing an additional 1,375 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Methanex by 131.5% in the third quarter. PNC Financial Services Group Inc. now owns 2,482 shares of the specialty chemicals company’s stock valued at $99,000 after buying an additional 1,410 shares during the last quarter. Finally, AXA S.A. acquired a new position in Methanex in the 2nd quarter worth approximately $166,000. 73.49% of the stock is owned by institutional investors.

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).