Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities research analysts at Raymond James dropped their Q1 2019 EPS estimates for Methanex in a report issued on Tuesday, April 23rd. Raymond James analyst S. Hansen now expects that the company will earn $1.06 per share for the quarter, down from their prior forecast of $1.18. Raymond James also issued estimates for Methanex’s Q2 2019 earnings at $1.39 EPS, Q3 2019 earnings at $1.82 EPS, FY2019 earnings at $6.52 EPS and FY2020 earnings at $8.25 EPS.
Methanex stock opened at C$79.33 on Wednesday. Methanex has a 12-month low of C$62.48 and a 12-month high of C$107.07. The stock has a market cap of $6.10 billion and a price-to-earnings ratio of 11.46. The company has a debt-to-equity ratio of 91.64, a quick ratio of 0.74 and a current ratio of 1.20.
Methanex (TSE:MX) (NASDAQ:MEOH) last released its quarterly earnings results on Wednesday, January 30th. The company reported C$1.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$2.34 by C($0.82). The business had revenue of C$1.29 billion for the quarter.
The company also recently declared a quarterly dividend, which was paid on Sunday, March 31st. Shareholders of record on Sunday, March 17th were paid a dividend of $0.433 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.73 annualized dividend and a dividend yield of 2.18%. Methanex’s dividend payout ratio is currently 19.07%.
Methanex Company Profile
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.