Mannatech - MTEX Stock Forecast, Price & News

Mannatech's stock was trading at $38.32 at the beginning of 2022. Since then, MTEX shares have decreased by 40.1% and is now trading at $22.9650.
View the best growth stocks for 2022 here.

Mannatech saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 2,800 shares, a drop of 22.2% from the October 31st total of 3,600 shares. Based on an average daily trading volume, of 8,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company's stock are sold short.
View Mannatech's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 21st 2023.
View our MTEX earnings forecast.

Mannatech, Incorporated (NASDAQ:MTEX) released its quarterly earnings data on Monday, August, 10th. The company reported $0.47 EPS for the quarter. The company earned $37.65 million during the quarter. Mannatech had a trailing twelve-month return on equity of 20.94% and a net margin of 3.24%.

Mannatech announced a quarterly dividend on Friday, November 11th. Shareholders of record on Wednesday, December 14th will be given a dividend of $0.20 per share on Wednesday, December 28th. This represents a $0.80 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Tuesday, December 13th.
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 3.52%. 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 35.40%. 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (2.95%), Renaissance Technologies LLC (2.12%) and IFG Advisory LLC (1.05%). 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 $22.97.

Mannatech (NASDAQ:MTEX) has a market capitalization of $42.69 million and generates $159.76 million in revenue each year. The company earns $9.84 million in net income (profit) each year or $2.26 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.