Mannatech (MTEX) Stock Forecast, Price & News

Mannatech's stock was trading at $17.90 on January 1st, 2023. Since then, MTEX stock has decreased by 23.9% and is now trading at $13.63.
View the best growth stocks for 2023 here.

Mannatech saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 900 shares, a drop of 18.2% from the April 30th total of 1,100 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.
View Mannatech's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023.
View our MTEX earnings forecast.

Mannatech, Incorporated (NASDAQ:MTEX) released its quarterly earnings results on Friday, March, 17th. The company reported ($3.78) earnings per share for the quarter. The company earned $34.34 million during the quarter. Mannatech had a negative trailing twelve-month return on equity of 26.68% and a negative net margin of 3.26%.

Mannatech announced a quarterly dividend on Thursday, May 25th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.20 per share on Thursday, June 29th. This represents a $0.80 dividend on an annualized basis and a yield of 5.87%. The ex-dividend date is Wednesday, 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 6.25%. MTEX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 (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 retail and institutional investors. Top institutional shareholders include Tower Research Capital LLC TRC (0.08%). Insiders that own company stock include Alfredo Bala, Kevin Andrew Robbins and Larry A Jobe.
View institutional ownership trends.

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 $13.63.

Mannatech (NASDAQ:MTEX) has a market capitalization of $25.49 million and generates $137.21 million in revenue each year. The company earns $-4,490,000.00 in net income (profit) each year or ($2.51) 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.