Mannatech - MTEX Stock Forecast, Price & News

Mannatech's stock was trading at $38.32 at the start of the year. Since then, MTEX stock has decreased by 47.8% and is now trading at $20.00.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 11th 2022.
View our MTEX earnings forecast.

Mannatech, Incorporated (NASDAQ:MTEX) released its earnings results on Monday, August, 10th. The company reported $0.47 EPS for the quarter. The firm had revenue of $37.65 million for the quarter. Mannatech had a net margin of 4.34% and a trailing twelve-month return on equity of 25.98%.

Mannatech declared a quarterly dividend on Friday, June 3rd. Stockholders of record on Wednesday, June 15th will be paid a dividend of $0.20 per share on Wednesday, June 29th. This represents a $0.80 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Tuesday, June 14th.
Read our dividend analysis for MTEX.

Mannatech (NASDAQ:MTEX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.03%. MTEX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MTEX.

7 employees have rated Mannatech Chief Executive Officer Alfredo Bala on Glassdoor.com. Alfredo Bala has an approval rating of 41% among the company's employees. This puts Alfredo Bala in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mannatech investors own include Herbalife Nutrition (HLF), General Electric (GE), AT&T (T), Teck Resources (TECK), Tapestry (TPR), Twilio (TWLO), Acacia Communications (ACIA), Carnival Co. & (CCL), Fairfax Financial (FRFHF) and Fiesta Restaurant Group (FRGI).

Mannatech trades on the NASDAQ under the ticker symbol "MTEX."

Mannatech's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (2.95%). Insiders that own company stock include Alfredo Bala, J Stanley Fredrick, Kevin Andrew Robbins and Larry A Jobe.
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Shares of MTEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MTEX stock can currently be purchased for approximately $20.00.

Mannatech (NASDAQ:MTEX) has a market capitalization of $39 million and generates $159.76 million in revenue each year. The company earns $9.84 million in net income (profit) each year or $3.09 on an earnings per share basis.

The company employs 246 workers across the globe.

Mannatech's mailing address is 1410 LAKESIDE PARKWAY SUITE 200, FLOWER MOUND TX, 75028. The official website for the company is www.mannatech.com. The company can be reached via phone at (972) 471-7400, via email at ir@mannatech.com, or via fax at 972-471-8117.