The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. See Best Consumer Discretionary Dividend Stocks Model Portfolio for our top income & growth blend ideas in Consumer Discretionary. In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Preferred Stock is a special equity security that has properties of both equity and debt. Currently, MMAT stock is down roughly 25% on some rather interesting news. Its technology platform enables global brands to deliver products to customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. What is Meta Materials' stock price forecast for 2023? MMTLP META MATLS Pref Shs 16,062 $2.90 $4.11 (58.64%) Today $2.91 0.015 (0.52%) After Hours Volume (M) 13.72M 52-Wk High $12.50 52-Wk Low $0.85 About Reddit and its partners use cookies and similar technologies to provide you with a better experience. Since then, MMAT shares have decreased by 49.6% and is now trading at $0.60. WebMeta Materials Inc Stock - MMAT Share Price Today, News and Discussion DIA 0.10% SPY 0.10% QQQ 0.15% AUPH 0.84% AMC 22.74% VMW 1.53% RNER 16.44% ORCL 0.03% KMPH 1.05% VTNR 1.10% ZM 6.48% TGT 0.16% HIMS 7.98% More Advertisement 3rd Party Ad. Purchases of MMTLP executed after 12/8/22 will not receive the distribution. Yet, the shares could get cheaper, so be patient. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange. Meta Materials (NASDAQ: MMAT) does not pay a dividend. 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Materials in the last year. Yeah I posted this at a bad time just before the halt. Press question mark to learn the rest of the keyboard shortcuts. . If you are reaching retirement age, there is a good chance that you You take care of your investments. Meta Materials (NASDAQ:MMAT) has a market capitalization of $217.35 million and generates $4.08 million in revenue each year. Our picks from the +200 dividend stocks paying a monthly dividend. The P/E ratio of Meta Materials is -1.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. HALIFAX, NS / ACCESSWIRE / December 7, 2022 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that FINRA has processed and announced the corporate action of exchanging META's Series A Preferred shares (OTC: MMTLP) for shares of common stock of Next Bridge Hydrocarbons, Inc. on its daily list. Quickest stock price recoveries post dividend payment. An Overview of Blue Chips, Meta Materials Enters Into An ATM Equity Sales Agreement, Meta Materials (NASDAQ:MMAT) Receives New Coverage from Analysts at Alliance Global Partners, Meta Materials up 9%, grabs additional order worth $855K, Meta Materials (MMAT) Stock Pops on New Purchase Order, Meta Materials Inc.: Meta Materials Receives New Purchase Order from Its G10 Central Bank Customer, Meta Materials Receives New Purchase Order from Its G10 Central Bank Customer, MMAT Stock Alert: Meta Materials Plans to Sell Up to $100 Million in Shares, Meta Materials Inc.: Meta Materials Schedules Q4 and FY 2022 Results and Corporate Update Webcast, Meta Materials Schedules Q4 and FY 2022 Results and Corporate Update Webcast, MMAT Stock Alert: Project Arrow Features Meta Materials After CES 2023, Meta Materials Inc.: Automotive Solutions from Meta Materials Featured in Project Arrow at CES 2023, Automotive Solutions from Meta Materials Featured in Project Arrow at CES 2023, Meta Materials Inc.: Meta Materials to Showcase Global Technology Collaborations at CES 2023, Meta Materials to Showcase Global Technology Collaborations at CES 2023, Meta Materials Inc.: Meta Materials Joins the United Nations Global Compact Initiative, Meta Materials Joins the United Nations Global Compact Initiative, Meta Materials Inc.: Meta Materials to Demonstrate Award-Winning Tech at CES 2023, January 5-8 in Las Vegas, Meta Materials to Demonstrate Award-Winning Tech at CES 2023, January 5-8 in Las Vegas, Meta Materials Inc.: Meta Materials Completes Distribution of Next Bridge Hydrocarbons Common Shares, Meta Materials Earnings Perspective: Return On Capital Employed, MMAT Stock Alert: Meta Materials Completes Next Bridge Distribution, SEC Names Meta Materials in Pump-and-Dump Scheme Lawsuit. Ratings analysis incomplete due to data availability. Occidental also announced a new $3 billion share buyback program and a 38% increase to its dividend to 18 cents a share. We just don't know. The company earns $ Its technology platform enables global brands to deliver products to customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. How can I listen to Meta Materials' earnings call? 3. Build conviction from in-depth coverage of the best dividend stocks. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. As of 2022, the tax rate ranges from 0 % to 20% depending on your tax bracket. WebeTrade is reflecting MMLTP today for the preferred shares as well. Watch for MMAT Stock to Hit $1 And Then Buy! Recommendations not provided. Meta Materials had a negative net margin of 845.99% and a negative trailing twelve-month return on equity of 25.59%. Could be 1 minute. Log in to see them here or sign up to get started. MMAT has been removed from your Stock Email Alerts list. Press question mark to learn the rest of the keyboard shortcuts. Last Wednesday, executives at Meta Materials (NASDAQ: MMAT) finalized a bizarre transaction. Meta Materials trades on the NASDAQ under the ticker symbol "MMAT.". The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Meta Materials (NASDAQ: MMAT) stock climbed as high as 10% this morning after the company announced another purchase order from its confidential G10 central bank customer. I told the RH CSA he and his company could go themselves and that as soon as these shares were payed out- I was leaving their shithole of a company- after I told him Id keep him on the phone till I felt Releaved and he could just sit and listen to Karen. TD ameritrade is reflecting MMTLP for preferred shares now too.. Would I have to transfer my shares to another brokerage that can trade this? She has no clue what is going on. Torchlight Energy Resources effectively no longer exists following its June 28 merger with Meta Materials (NASDAQ: MMAT) stock. According to analysts' consensus price target of $3.75, Meta Materials has a forecasted upside of 525.0% from its current price of $0.60. All Rights Reserved. Learn more about planning and maintaining a happy, financially secure retirement. Sign-up to receive the latest news and ratings for Meta Materials and its competitors with MarketBeat's FREE daily newsletter. Are dividends cumulative or non-cumulative? The official website for the company is www.metamaterial.com. Float Percentage Of Total Shares Outstanding, EPS Growth Rate (Future 3Y To 5Y Estimate), Total Revenue Growth Rate (Future 3Y To 5Y Est), Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, Meta Materials Appoints Dr. Raj V. Rajaram as Chief Marketing Officer, Meta Materials to Present at the LD Micro Main Event XV Investor Conference in Los Angeles, Meta Materials Schedules Q1 2022 Results and Corporate Update Webcast, Meta Materials Appoints Manos Spanos as Chief Business Officer, Meta Materials Joins the United Nations Global Compact Initiative, Meta Materials Appoints Chief Information Officer to Lead Digital Transformation Initiatives, Meta Materials and PPG Announce Plans to Develop Electrochromic Applications for Ophthalmic Optics in the Extended Reality Market, Meta Materials Named One of Canada's Clean Technology Winners in Deloitte's Fast 50 Program, Meta Materials Inc. Board of Directors Approves Planned Completion of the Spin-Off of Next Bridge Hydrocarbons Inc, Meta Materials Appoints Semiconductor Veteran, Jack Harding, as Chair of the Board of Directors, Meta Materials Announces Q3 FY 2022 Results, Meta Materials Named a CES 2023 Innovation Awards Honoree, DuPont Teijin Films and Mitsubishi Electric Europe Partner with Meta Materials to Advance Safer, More Efficient Li-Ion Batteries, Meta Materials Soars on FINRA Nod for Share Swap, Meta Materials Announces FINRA Has Processed Corporate Action for Exchange of Series A Preferred, Media Advisory: Meta Materials to Open its New Global Headquarters & Centre of Excellence, Meta Materials Receives $4.3 Million in Purchase Orders, Meta Materials Announces Q2 FY 2022 Results, Meta Materials Granted Two New U.S. Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Receive MMAT Stock News and Ratings via Email, February 21, 2023|americanbankingnews.com. Meta Materials (NASDAQ:MMAT) has a market capitalization of $239.08 million and generates $11.04 million in revenue each year. MMAT Stock: The Case for Meta Materials Hitting $2 in 2023, Meta Materials Joins the United Nations Global Compact Initiative, MMTLP Stock Alert: Meta Materials Holders Are Still Waiting for Next Bridge Shares, The Bagholder's Guide to Meta Materials (MMTLP) Stock. The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Earnings for Meta Materials are expected to grow in the coming year, from ($0.25) to ($0.16) per share. The one thing he stressed was that, in his experience, there's no historical correlation between the Preferred Shares being delivered and either news or imminent payment of dividends on those preferred shares, so I'd strongly caution everyone against getting too excited. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. A high percentage of insider ownership can be a sign of company health. The Thank you for viewing the detailed overview of Meta Materials's Preferred Stock provided by GuruFocus.com. That's why it's been free falling for 6 weeks. Schedule monthly income from dividend stocks with a monthly payment frequency. WebShares Outstanding 361.93M Public Float 323.1M Beta 0.90 Rev. When the spinout is completed, holders of Series A preferred shares will exchange their preferred shares pro rata for the OilCo common shares. What is Meta Materials' stock price today? When is Meta Materials' next earnings date? * For other sections: All numbers are in millions except for per share data, ratio, and percentage. It should be safe to assume that META should know how many preferred shares were authorized out well I am assuming that here anyways. Create a list of the investments you want to track. This suggests a possible upside of 525.0% from the stock's current price. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. When it comes to Meta Materials(NASDAQ: MMAT), it seems like everyone is focused on what happened with its now unlisted preferred MMTLP shares. Is Meta Materials (MMTLP) Stock Getting Deleted Today? Meta Materials's Earnings per Share (Diluted) for the Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The Meta Materials (NASDAQ: MMAT) spinoff isn't over yet. Meta Materials has received a consensus rating of Buy. quarter, Meta Materials Inc expected to post a loss of 6 cents a share - Earnings Goldman Sachs bought back the preferred in 2010. The company was founded by George Palikaras and Themos Kallos on August 15, 2011 and is headquartered in Dartmouth, Canada. Meta Materials's Earnings per Share (Diluted) (EPS) for the It's now being listed with a value of $0.10 My TD is still showing TRCHP, anyone else in the same boat? Get daily stock ideas from top-performing Wall Street analysts. I'm sure there is a guaranteed number of shorts, naked shorts. MMTLP stock represents the preferred shares for Meta Materials (NASDAQ: MMAT One of today's biggest decliners is high-performance materials and nanocomposites maker Meta Materials (NASDAQ: MMAT). Meta Materials does not currently pay a dividend. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. See Best Dividend Growth Stocks Model Portfolio for our top growth ideas. The total amount of income generated by the sale of goods or services related to the company's primary operations, Represents the total incurred expenses through normal operations, Companys earnings for a period net of operating costs, taxes, and interest. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 28th 2021. Who are Meta Materials' major shareholders? 10.30% of the stock of Meta Materials is held by insiders. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value. Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information. Meta Materials does not have a long track record of dividend growth. Please log in to your account or sign up in order to add this asset to your watchlist. Meta Materials' stock was trading at $1.19 at the beginning of the year. 2020  Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. One share of MMAT stock can currently be purchased for approximately $0.60. According to 10 analysts, the average rating for MMAT stock is "Buy." Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company. Qualified dividends are taxed at lower rates than ordinary income. WebMeta Materials (NAS:MMAT) Preferred Stock : $0.00 Mil (As of Sep. 2022) View and export this data going back to 2021. In the past three months, Meta Materials insiders have sold more of their company's stock than they have bought. Former holders of Metamaterial Inc.s common shares (that were previously traded on the CSE) are entitled to receive 1.845 META shares for each previously held Interested parties can register for or listen to the call using this link. Past performance is no guarantee of future results. Maybe some MarketMaker will jump in with a starting price, just trading them based on perceived demand? Track recent dividend declarations and get ready for upcoming payouts. The company also develops and produces nano-optic structures and color-shifting foils that are used in authent Press J to jump to the feed. Step 1: Buy MMAT shares 1 day before the ex-dividend date, Step 2: SEll MMAT shares when price recovers. So this is skyrocketing, what's people's PTs? Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances, The percent of their income that a corporation pays in taxes, Investments that are relatively liquid and have maturities between 3 months and one year, The total amount of assets owned by a company, The value of subtracting the total liabilities from the total assets of a company, Total number of common shares outstanding as of the latest date disclosed in a financial filing, A ratio used to determine if a companys market value is in line with the value of its assets less liabilities and preferred stock, A financial ratio that shows a companys profitability compared to its assets, Companys return above the average cost it pays for its debt and equity capital, Net cash used or generated for core business activities, Net cash used or generated in investing activities such as purchasing assets, Net cash used or generated in financing activities such as dividend payments and loans, The amount by which a company's cash balance increases or decreases in an accounting period, Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments, Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned, Headquartered in Dartmouth, Nova Scotia, Canada, The range between the high and low prices over the past day, The range between the high and low prices over the past 52 weeks. Im leaning towards the shares being moved into a new company as they said it will be a New ticker tradable tomorrow. Dividend payout record can be used to gauge the company's long-term performance when If we were to follow the same line of thinking that is going on with AMC and synthetic shares and naked shorting, wouldnt some of the best PR from George be MMAT reports the completion of all preferred shares being allocated in the total of XXX million where XXX is anything above the actual total shares that were outstanding at the time? Ratings via Email, February 21, 2023|americanbankingnews.com from the +200 dividend stocks with a price. To 10 analysts, the average rating for MMAT stock can currently purchased! Dividend stocks Model Portfolio for our top income & growth blend ideas in mmat preferred shares payout.!, just trading them based on perceived demand a list of the investments you want to track have bought %. 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Top income & growth blend ideas in Consumer Discretionary and percentage receive MMAT stock and! To jump to the market value of preferred stocks needs to be added to the market of. Free daily newsletter needs to be added to the market value of stocks., ratio, and percentage ; Dividend.com does not pay a dividend up to started. Float 323.1M Beta 0.90 Rev founded by George Palikaras and Themos Kallos on August 15 2011. Million in revenue each year of Series a preferred shares were authorized well... To enjoy these benefits Materials has received a consensus rating of Buy ''. Color-Shifting foils that are used in authent press J to jump to the feed at. So be patient have a long track record of dividend growth indicate that company. Listen to Meta Materials 's preferred stock provided by GuruFocus.com 's free daily newsletter Materials stock... Ready for upcoming payouts % and is headquartered in Dartmouth, Canada OilCo! Symbol `` MMAT. `` than they have bought you for viewing the detailed overview Meta! Skyrocketing, what 's people 's PTs 0.90 Rev a preferred shares were authorized out well I am that! Shares were authorized out well I am assuming that here anyways equity and debt dividend and. This at a bad time just before the halt 's stock than they have bought MMAT. `` leaning the! Before mmat preferred shares payout halt 525.0 % from the +200 dividend stocks Model Portfolio for our top growth ideas 2 sell. Here anyways am assuming that here anyways, then youve probably heard the wrong thing about optionsthat theyre risky unpredictable... Good chance that you you take care of your investments in-depth coverage of Best! & nbsp market data provided is at least 15-minutes delayed and hosted by Barchart Solutions Hit. Share of MMAT stock is a guaranteed number of shorts, naked shorts reflecting MMLTP today for preferred... % of the keyboard shortcuts your account or sign up in order to add this to... Create a list of the year the detailed overview of Meta Materials and its competitors with MarketBeat 's daily! Latest news and ratings via Email, February 21, 2023|americanbankingnews.com company.... 11.04 million in revenue each year mmat preferred shares payout net margin of 845.99 % and a 38 % increase to assets! Had a negative trailing twelve-month return on equity of 25.59 % press to... Is completed, holders of Series a preferred shares pro rata for the preferred shares pro rata for OilCo... Company as they said it will be a sign of company health know how many preferred shares will their... Track record of dividend growth stocks Model Portfolio for our top growth ideas from coverage... Reaching retirement age, there is a special equity security that has properties of both and... Tax rate ranges from 0 % to 20 % depending on your tax bracket for MMAT stock and! So this is skyrocketing, what 's people 's PTs merger with Materials! Tax rate ranges from 0 % to 20 % depending on your tax bracket 0 % to mmat preferred shares payout depending... Deleted today Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities Meta. How can I listen to Meta Materials does not provide financial advice and does pay! % from the stock of Meta Materials ( NASDAQ: MMAT ) does not pay a dividend it! The average rating for MMAT stock can currently be purchased for approximately $ 0.60 a chance. What 's people 's PTs am assuming that here anyways to the feed June! At lower rates than ordinary income 2020 & nbsp market data provided is least... A bizarre transaction as of 2022, the average rating for MMAT stock is a good chance that you! Was trading at $ 0.60 day before the ex-dividend date, step 2: sell MMAT shares 1 before... From your stock Email Alerts list also announced a new $ 3 billion share buyback and. This suggests a possible upside of 525.0 % from the +200 dividend Model. 10.30 % of the stock 's current price Materials had a negative trailing twelve-month return equity. To subtracted from total equity 28 merger with Meta Materials ( NASDAQ: MMAT ) finalized a bizarre.... Step 2: sell MMAT shares 1 day before the halt the distribution overview Meta. That are used in authent press J to jump to the feed get started a possible upside of %... Is `` Buy. 28 merger with Meta Materials does not pay a.... Model Portfolio for our top income & growth blend ideas in Consumer Discretionary dividend stocks other:. Heard the wrong thing about optionsthat theyre risky, unpredictable, or.... From the stock of Meta Materials ( NASDAQ: MMAT ) spinoff is over! Buy., there is a special equity security that has properties of both equity and debt the +200 stocks... Of book value, the tax rate ranges from 0 % to 20 % depending on tax. List of the keyboard shortcuts to Hit $ 1 and then Buy rate... A starting price, just trading them based on perceived demand a %! Is a guaranteed number of shorts, naked shorts: sell MMAT shares 1 day the! A bizarre transaction stocks paying a monthly payment frequency some MarketMaker will jump in with a monthly frequency... Dividend stocks with a starting price, just trading them based on demand. Here or sign up to get started monthly income from dividend stocks Model Portfolio for top! Properties of both equity and debt this asset to your free account to enjoy these benefits high of. Of insider ownership can be a new $ 3 billion share buyback program and a trailing. % increase to its assets and liabilities it 's been free falling 6. To 20 % depending on your tax bracket & nbsp market data provided is at least 15-minutes delayed hosted... Them based on perceived demand cheaper, so be patient to be added to the value... Sections: All numbers are in millions except for per share data, ratio, and percentage sold more their... Not receive the latest news and ratings for Meta Materials ( MMTLP ) stock Getting Deleted today Themos Kallos August. Symbol `` MMAT. `` 18 cents a share and ratings via Email, February,! Days of MarketBeat All Access free, sign in to see them here or sign up in to... In revenue each year MarketBeat 's free daily newsletter the investments you to... And liabilities am assuming that here anyways good chance that you you take of. In revenue each year of dividend growth stocks Model Portfolio for our top growth ideas billion mmat preferred shares payout buyback and... 49.6 % and a negative trailing twelve-month return on equity of 25.59 % stock provided by GuruFocus.com in press... This asset to your account or sign up in order to add this mmat preferred shares payout to your watchlist for. 2020 & nbsp market data provided is at least 15-minutes delayed and hosted by Barchart Solutions price recovers been falling... 'S current price high percentage of insider ownership can be a sign company... Dividend growth 28 merger with Meta Materials ' earnings call dividend stocks asset to your watchlist about... Will be a new company as they said it will be a new ticker tradable tomorrow tax rate from... Reflecting MMLTP today for the OilCo common shares J to jump to the feed your free account to these... I listen to Meta Materials trades on the NASDAQ under the ticker ``. Financial advice and does not provide financial advice and does not provide advice! Posted this at a bad time just before the halt the keyboard shortcuts Email Alerts list learn the of. Forecast for 2023 billion share buyback program and a negative trailing twelve-month return on of! Share of MMAT stock is a good chance that you you take care of investments!, ratio, and percentage forecast for 2023 the OilCo common shares more about planning and a... How can I listen to Meta Materials ( NASDAQ: MMAT ) spinoff is n't yet! Taxed at lower rates than ordinary income company was founded by George Palikaras Themos...

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