NASDAQ:MTEXMannatech Stock Price, Forecast & News

Mannatech's stock was trading at $13.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTEX stock has increased by 23.5% and is now trading at $16.76. View which stocks have been most impacted by Coronavirus.

Mannatech is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Mannatech.

Mannatech, Inc. (NASDAQ:MTEX) issued its earnings results on Tuesday, May, 12th. The company reported $1.15 EPS for the quarter. The company had revenue of $36.61 million for the quarter. Mannatech had a return on equity of 20.05% and a net margin of 3.45%. View Mannatech's earnings history.

Mannatech announced a quarterly dividend on Thursday, May 28th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.125 per share on Wednesday, June 24th. This represents a $0.50 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, June 11th. View Mannatech's dividend history.

Mannatech announced that its Board of Directors has approved a share repurchase program on Wednesday, November 14th 2018, which permits the company to repurchase $500,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 1.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

News stories about MTEX stock have been trending positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mannatech earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Mannatech.

Mannatech saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,700 shares, an increase of 28.6% from the May 31st total of 2,100 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company's stock are short sold. View Mannatech's Current Options Chain.

Some companies that are related to Mannatech include Mediwound (MDWD), Sundial Growers (SNDL), Happiness Biotech Group (HAPP), Natural Alternatives International (NAII), Cyanotech (CYAN), FitLife Brands (FTLF), True Drinks (TRUU), GLG Life Tech (GLGLF), Tauriga Sciences (TAUG), Nutra Pharma (NPHC), Entia Biosciences (ERGO), Beleave (BE), Beleave (BE) and Rock Creek Pharmaceuticals (RCPIQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mannatech investors own include Herbalife Nutrition (HLF), AT&T (T), Teck Resources (TECK), Tapestry (TPR), Acacia Communications (ACIA), Fiesta Restaurant Group (FRGI), VanEck Vectors Gold Miners ETF (GDX), Helmerich & Payne (HP), Occidental Petroleum (OXY) and Twilio (TWLO).

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

Shares of MTEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MTEX stock can currently be purchased for approximately $16.76.

Mannatech has a market capitalization of $40.06 million and generates $157.73 million in revenue each year. Mannatech employs 247 workers across the globe.

The official website for Mannatech is www.mannatech.com.

Mannatech's mailing address is 1410 LAKESIDE PARKWAY SUITE 200, FLOWER MOUND TX, 75028. The company can be reached via phone at 972-471-7400 or via email at [email protected]