What is Zacks Research’s Forecast for Methanex Q3 Earnings?

Methanex Corporation (NASDAQ:MEOH) (TSE:MX) – Stock analysts at Zacks Research lifted their Q3 2026 earnings estimates for Methanex in a report issued on Monday, August 17th. Zacks Research analyst Team now anticipates that the specialty chemicals company will earn $3.10 per share for the quarter, up from their prior forecast 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 equities analysts have also weighed in on the company. UBS Group upped their price objective on Methanex from $70.00 to $71.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen downgraded Methanex from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 15th. 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 report on Wednesday, July 1st. JPMorgan Chase & Co. downgraded Methanex from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $56.00 to $65.00 in a research note on Friday, May 1st. Finally, Scotiabank lifted their price objective on shares of Methanex from $70.00 to $80.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Methanex has a consensus rating of “Moderate Buy” and an average target price of $68.56.

Methanex Trading Down 1.7%

Shares of MEOH stock opened at $59.07 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.35 and a current ratio of 2.07. The stock has a fifty day simple moving average of $52.85 and a two-hundred day simple moving average of $55.44. The firm has a market capitalization of $4.57 billion, a PE ratio of 57.35 and a beta of 0.58. Methanex has a 52-week low of $32.00 and a 52-week high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last announced its quarterly earnings data 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). The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.43 billion. Methanex had a net margin of 2.07% and a return on equity of 11.35%. The firm’s revenue for the quarter was up 75.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.97 earnings per share.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Methanex by 14.0% during the fourth quarter. Vanguard Group Inc. now owns 2,746,051 shares of the specialty chemicals company’s stock valued at $108,917,000 after purchasing an additional 336,316 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Methanex by 629.5% in the 4th quarter. Wellington Management Group LLP now owns 2,316,270 shares of the specialty chemicals company’s stock worth $92,000,000 after buying an additional 1,998,763 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. increased its holdings in shares of Methanex by 0.4% in the 4th quarter. Dixon Mitchell Investment Counsel Inc. now owns 2,048,214 shares of the specialty chemicals company’s stock worth $81,363,000 after buying an additional 7,707 shares during the last quarter. FIL Ltd increased its holdings in shares of Methanex by 40.3% in the 4th quarter. FIL Ltd now owns 1,803,108 shares of the specialty chemicals company’s stock worth $71,520,000 after buying an additional 518,173 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Methanex by 10.3% in the 4th quarter. Bank of Montreal Can now owns 1,313,615 shares of the specialty chemicals company’s stock worth $52,104,000 after buying an additional 123,078 shares during the last quarter. 73.49% of the stock is owned by hedge funds and other institutional investors.

Methanex Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 16th. Methanex’s dividend payout ratio is currently 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).