What is Scotiabank’s Estimate for Methanex FY2026 Earnings?

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Analysts at Scotiabank increased their FY2026 EPS estimates for shares of Methanex in a research note issued on Wednesday, July 15th. Scotiabank analyst B. Isaacson now expects that the specialty chemicals company will earn $8.01 per share for the year, up from their prior estimate of $7.62. 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 $8.70 per share.

Several other equities research analysts have also weighed in on the company. National Bank Financial set a $70.00 price objective on Methanex and gave the company an “outperform” rating in a research note on Monday, July 13th. Zacks Research lowered Methanex from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Royal Bank Of Canada lowered their price target on Methanex from $70.00 to $65.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 1st. JPMorgan Chase & Co. lowered Methanex from an “overweight” rating to a “neutral” rating and increased their price objective for the stock from $56.00 to $65.00 in a research note on Friday, May 1st. Finally, Raymond James Financial lifted their price objective on Methanex from $52.00 to $65.00 and gave the company a “market perform” rating in a report on Thursday, April 16th. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Methanex presently has an average rating of “Hold” and a consensus price target of $69.00.

Methanex Stock Up 0.8%

Shares of MEOH opened at $55.15 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.96 and a debt-to-equity ratio of 0.98. The company has a 50-day moving average price of $55.09 and a two-hundred day moving average price of $53.87. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of -112.55 and a beta of 0.60. Methanex has a 12 month low of $32.00 and a 12 month high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last posted its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share 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 period in the previous year, the firm earned $1.30 EPS. The business’s revenue was up 8.7% compared to the same quarter last year.

Methanex Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 16th. Methanex’s dividend payout ratio (DPR) is currently -151.02%.

Hedge Funds Weigh In On Methanex

Several institutional investors have recently bought and sold shares of MEOH. NewEdge Advisors LLC bought a new stake in shares of Methanex during the second quarter worth $50,000. Clearstead Advisors LLC increased its position in Methanex by 336.2% in the 4th quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock valued at $71,000 after acquiring an additional 1,375 shares in the last quarter. Parkside Financial Bank & Trust increased its position in Methanex by 61.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,143 shares of the specialty chemicals company’s stock valued at $85,000 after acquiring an additional 812 shares in the last quarter. AXA S.A. bought a new position in shares of Methanex in the second quarter worth about $166,000. Finally, Barclays PLC raised its stake in shares of Methanex by 115.3% in the fourth quarter. Barclays PLC now owns 4,199 shares of the specialty chemicals company’s stock worth $167,000 after acquiring an additional 2,249 shares during the last quarter. Institutional investors own 73.49% of the company’s stock.

Methanex Company Profile

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).