NASDAQ:MTEXMannatech Stock Price, Forecast & News

Mannatech's stock was trading at $13.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTEX shares have increased by 20.5% and is now trading at $16.35. 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) announced its quarterly earnings results on Tuesday, May, 12th. The company reported $1.15 earnings per share for the quarter. The business earned $36.61 million during the quarter. Mannatech had a net margin of 3.45% and a return on equity of 20.05%. View Mannatech's earnings history.

Mannatech announced a quarterly dividend on Thursday, May 28th. Stockholders of record on Friday, June 12th will be given a dividend of $0.125 per share on Wednesday, June 24th. This represents a $0.50 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Thursday, June 11th. View Mannatech's dividend history.

Mannatech declared that its Board of Directors has initiated a stock buyback plan on Wednesday, November 14th 2018, which permits the company to buyback $500,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

News articles about MTEX stock have been trending negative on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mannatech earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Mannatech.

Mannatech saw a increase in short interest in 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 trading volume of 4,500 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company 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 $16.35.

Mannatech has a market capitalization of $39.08 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]