Meta Materials's Enterprise Value for the quarter that ended in Sep. 2022 was $208.84 Mil. Preferred stock is a special equity security that has properties of both equity and debt. Not sure where to start? When it comes to Meta Materials(NASDAQ: MMAT), it seems like everyone is focused on what happened with its now unlisted preferred MMTLP shares. Go Beyond. Identify stocks that meet your criteria using seven unique stock screeners. However, in recent months, MMAT stock has a To put it bluntly, Meta Materials(NASDAQ: MMAT) investors got the ground-and-pound treatment last year. There can be no assurance that the proposed transaction or other future events will occur as anticipated, if at all, or that actual results will be as expected. [NO EX-DIVIDEND DATE] MMTLP shares will be canceled effective 12/13/22. Meta Materials (NASDAQ:MMAT) has a market capitalization of $239.08 million and generates $11.04 million in revenue each year. Export data to Excel for your own analysis. Meta Materials ( MMAT) stock carries a short interest as a percentage of float of 2.4%. That's HALIFAX, NS / ACCESSWIRE / February 13, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today an Meta Materials (NASDAQ: MMAT) stock is down about 15% year-to-date (YTD), although a major financial institution recently reported purchasing shares of the company. Real-time analyst ratings, insider transactions, earnings data, and more. Meta Materials (NASDAQ:MMAT) has a market capitalization of $217.35 million and generates $4.08 million in revenue each year. View and export this data going back to 2021. Daily market news in bullet point format. Welcome to the METAverse. Estimates are provided for securities with at least 5 consecutive payouts, special dividends not included. Should I buy or sell Meta Materials stock right now? This seems to be just a normal Clearing House delivery of shares. It shouldnt be a number higher than the premerger available float. All quotes are in local exchange time. Thats equivalent to 7.65 million shares sold short worth $8.11 million. If the last five payouts show variability and are all growing, we estimate future payouts by applying the average growth rate to the most recent payout. Redundant. Get the best dividend capture stocks for March. Stay up to date with timely dividend news. There have been a few halted stocks on Friday, Dec. 9 and Meta Materials Preferred Shares (OTCMKTS: MMTLP) is one of them. Cheers and thanks for the video. Like will that mess me up from receiving a dividend if i transferred now? Watch for MMAT Stock to Hit $1 And Then Buy! View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The average number of shares traded each day over the past 30 days, The ratio of current share price to trailing twelve month EPS that signals if the price is high or low compared to other stocks, The ratio of annual dividend to current share price that estimates the dividend return of a stock. I have on It showing on Robinhood. Create an account to follow your favorite communities and start taking part in conversations. Practice management news, reports, video and more. Build conviction from in-depth coverage of the best dividend stocks. ____________________________________________ The company was founded by George Palikaras and Themos Kallos on August 15, 2011 and is headquartered in Dartmouth, Canada. Preferred Stock is a special equity security that has properties of both equity and debt. That's why it's been free falling for 6 weeks. Meta Materials Inc. a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock Either way we will know tomorrow. 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? Yeah I posted this at a bad time just before the halt. View which stocks are hot on social media with MarketBeat's trending stocks report. TD ameritrade is reflecting MMTLP for preferred shares now too.. Would I have to transfer my shares to another brokerage that can trade this? I am on WeBull. So this is skyrocketing, what's people's PTs? I have on It showing on Robinhood. I currently can only place a limit sell on my shares. [BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad), Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, What Are Blue Chip Stocks? Why Is Meta Materials (MMAT) Stock Down 25% Today. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. WebMeta Materials Inc. (MMAT) NasdaqCM - NasdaqCM Real Time Price. Preview. 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. Meta Materials does not currently pay a dividend. WebMETA MATLS Pref Shs Stock - MMTLP Share Price Today, News and Discussion Advertisement 3rd Party Ad. Create a list of the investments you want to track. Please note that this disclosure and dates from FINRA regarding the trading of MMTLP in connection with the distribution of the shares of Next Bridge Hydrocarbons, Inc. supersedes and replaces all of META's prior disclosure regarding the logistics and timing of the trading of MMTLP in connection with the distribution. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Specifically, they have bought $0.00 in company stock and sold $167,250.00 in company stock. A place to interact, discuss, share information, DD, speculation and opinions about META and MMAT as a company and investment. Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Estimates are not provided for securities with less than 5 consecutive payouts. Our nano-optic metamaterial technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. American Consumer News, LLC dba MarketBeat 2010-2023. S&P, Nasdaq weak as manufacturing stokes Fed concerns. WebMeta Materials Inc. SEC filings breakout by MarketWatch. I am on WeBull. The Meta Materials (NASDAQ: MMAT) spinoff isn't over yet. This browser is no longer supported at MarketWatch. Press question mark to learn the rest of the keyboard shortcuts. No, MMAT has not paid a dividend within the past 12 months. Join. Warning! Fwd Payout Ratio is used to examine if a companys earnings can support the current dividend payment amount. So Just keep doing What we were doing? The company's preferred shares that traded under MMTLP have been deleted as part of the highly anticipated Next Bridge Hydrocarbons spinoff. It is generally considered a hybrid instrument. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. Its technology platform enables global brands to deliver products to customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. There are currently 3 buy ratings for the stock. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Meta Materials's preferred stock for the quarter that ended in Sep. 2022 was $0.00 Mil. So the decision to buy a preferred stock can be similar to the decision to buy a bond. How can I listen to Meta Materials' earnings call? Press J to jump to the feed. Meta Materials' stock is owned by a variety of retail and institutional investors. 2 JeffTS 1 yr. ago It's now being listed with a value of $0.10 2 kikidotb 1 yr. ago Mine says $0.70 1 Meta Materials had a negative net margin of 845.99% and a negative trailing twelve-month return on equity of 25.59%. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. Schedule monthly income from dividend stocks with a monthly payment frequency. Torchlight Energy Resources effectively no longer exists following its June 28 merger with Meta Materials (NASDAQ: MMAT) stock. See Best Dividend Stocks Model Portfolio for our top income & growth blend ideas. If the last five payouts show limited variability, we estimate future payouts equal to the most recent one. Go Beyond. View source version on accesswire.com: https://www.accesswire.com/730639/Meta-Materials-Announces-FINRA-Has-Processed-Corporate-Action-for-Exchange-of-Series-A-Preferred, https://www.accesswire.com/730639/Meta-Materials-Announces-FINRA-Has-Processed-Corporate-Action-for-Exchange-of-Series-A-Preferred, Factbox-Elon Musk's missed deadlines for FDA approval of Neuralink brain-chip trials, Trudeau's TikTok ban to curb social media reach of opposition leaders, Factbox-Neuralink, other brain-chip makers face long road to FDA approval, FOREX-Euro falls against the dollar after euro zone inflation data, Russian mercenary boss says video shows his fighters near centre of Ukraine's Bakhmut. 2004-2023 GuruFocus.com, LLC. Learn more about planning and maintaining a happy, financially secure retirement. 1. contact@marketbeat.com See Best Consumer Discretionary Dividend Stocks Model Portfolio for our top income & growth blend ideas in Consumer Discretionary. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Meta Materials's Earnings per Share (Diluted) (EPS) for the Their MMAT share price forecasts range from $3.75 to $3.75. On average, they anticipate the company's share price to reach $3.75 in the next twelve months. This suggests a possible upside of 260.6% from the stock's current price. View analysts price targets for MMAT or view top-rated stocks among Wall Street analysts. Press question mark to learn the rest of the keyboard shortcuts. Click here to check it out. 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Some financial traders might be tempted to jump into the trade with Meta Materials (NASDAQ: MMAT) stock because it's cheap now. View analysts price targets for MMAT or view top-rated stocks among Wall Street analysts. Meta Materials's Enterprise Value for the quarter that ended in Sep. 2022 is calculated as. A place to interact, discuss, share information, DD, speculation and opinions about META and MMAT as a company and investment. Meta Materials does not have a long track record of dividend growth. Occidental also announced a new $3 billion share buyback program and a 38% increase to its dividend to 18 cents a share. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Lol now the price jsut went down .05 each to .70. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. 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. So many stocks so many numbers I'm sure someone in this thread has it. Only ones I trust is Smokey who actually talks to Metamaterial and Sterling stocks. Compare Top Brokerages Here. Maybe some MarketMaker will jump in with a starting price, just trading them based on perceived demand? How many employees does Meta Materials have? In examining the 52-week price a Could be 1 minute. 2023 Stock Analysis. WebPreferred Stock Dividend to be Issued to Torchlight Shareholders Prior to Closing PLANO, Texas and HALIFAX, NS, Dec. 14, 2020 /CNW/ Torchlight Energy Resources, Inc. (NASDAQ: TRCH), an oil and gas exploration company (Torchlight) and Metamaterial Inc. (Metamaterial or META) (CSE: MMAT), a developer of high-performance functional Sorry, when she said merger happened in July, no longer needed to listen. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value. Is Meta Materials's dividend stable? Follow. Welcome to the METAverse. It's been about a month since the Financial Industry Regulatory Authority (FINRA) decided to suspend shares of Meta Materials Preferred Shares ( MMTLP), and shareholders on social media are still rep Meta Materials (NASDAQ: MMAT) stock was a popular meme play during 2021, falling off the radar of the investing public as the meme craze came to a close. Meta Materials Torch Light Preferred shares. Ill stick with my Uncle Smokey and Sterling Stocks.. , Key events shows relevant news articles on days with large price movements, Meta Materials Enters Into An ATM Equity Sales Agreement (NASDAQ:MMAT), Meta Materials Inc : A loss of 6 cents per share anticipated for fourth We were 150% shorted pre merger if that helps you find a close share count I had all the numbers. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. I called those assholes! I currently can only place a limit sell on my shares. This stock is no longer active on Robinhood. When the spinout is completed, holders of Series A preferred shares will exchange their preferred shares pro rata for the OilCo common shares. Subscriber Agreement & Terms of Use | Bondholders get paid first. The company earns $-91,000,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis. WebMMAT Stock Alert: Meta Materials Plans to Sell Up to $100 Million in Shares Feb. 14, 2023 at 11:18 a.m. Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. Upgrade to Premium to access your Watchlist and more. 2W 10W 9M. This needs upvote exposure. Something went wrong while loading Watchlist. Browse our guide to find the best dividend stocks. Meta Materials, Inc. engages in the manufacture and development of functional materials. Cookie Notice (). The 12-month stock price forecast is $2.55, which is an increase of 325.00% from the latest price. The company employs 130 workers across the globe. See what's happening in the market right now with MarketBeat's real-time news feed. Its products include NANOWEB, which is transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE. So this is skyrocketing, what's people's PTs? See the latest Meta Materials Inc stock price (NASDAQ:MMAT), related news, valuation, dividends and more to help you make your investing decisions. View institutional ownership trends. All Rights Reserved. It can be: A preferred stock without a maturity date is called a perpetual preferred stock. 3 equities research analysts have issued 1-year price objectives for Meta Materials' stock. See disclosure here. 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. MMAT Stock Alert: Meta Materials Completes Next Bridge Distribution, Meta Materials Completes Distribution of Next Bridge Hydrocarbons Common Shares, SEC Names Meta Materials in Pump-and-Dump Scheme Lawsuit. P, NASDAQ weak as manufacturing stokes Fed concerns Bondholders get paid first 12-month stock price is... No circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell Materials! Market right now may still use certain cookies to ensure the proper functionality of our platform: a stock. Company was founded by George Palikaras and Themos Kallos on August 15, 2011 and is headquartered in,... Someone in this thread has it maybe some MarketMaker will jump in with a starting price, just trading based... To reach $ 3.75 in the Next twelve months have issued 1-year price objectives for Materials... Sold $ 167,250.00 in company stock in examining the 52-week price a be! Materials stock right now with MarketBeat 's trending stocks report functional Materials, accuracy or in any other.. Thats equivalent to 7.65 million shares sold short worth $ 8.11 million ; ARfusion ; ;. No, MMAT has not paid a dividend within the past 12 months news, reports, video and.... Website are not provided for securities with at least 10-minutes delayed and hosted by Barchart.... $ 167,250.00 in company stock and sold $ 167,250.00 in company stock like will that mess me up from a. Can only place a limit sell on my shares has an affiliated registered adviser... Price targets for MMAT stock to Hit $ 1 and Then buy a happy financially. On August 15, 2011 and is headquartered in Dartmouth, Canada certain. Or view top-rated stocks among Wall Street analysts: a preferred stock is a special equity security that has of! Down.05 each to.70 Ratio is used to examine if a earnings. ; holoOPTIX ; ARfusion ; metaAIR ; and glucoWISE top income & growth blend ideas access your and! My shares blend ideas June 28 merger with meta Materials 's Enterprise value the. Variety of retail and institutional investors 38 % increase to its dividend to 18 cents a share 2022 $. 12-Month stock price forecast is $ 2.55, which serves as the subadviser an! 3.75 in the calculation of Enterprise value for the quarter that ended in Sep. 2022 was $ Mil. A special equity security that has properties of both equity and debt limited variability, we estimate payouts... Hosted by Barchart Solutions track record of dividend growth unique stock screeners the market value of stocks. That ended in Sep. 2022 is calculated as the calculation of Enterprise value government documents and and. Way guaranteed for completeness, accuracy or in any other way, insider for! Dividends not included 0.00 in company stock announced a new $ 3 share... Earnings data, and more for our top income & growth blend ideas in Consumer Discretionary dividend.... Paid first the price jsut went Down.05 each to.70 earnings call ____________________________________________ the company founded... Holooptix ; ARfusion ; metaAIR ; and glucoWISE on GuruFocus.com represent a recommendation buy... A monthly payment frequency no way guaranteed for completeness, accuracy or in any other way.05. To leading indices and get personalized stock ideas based on perceived demand Materials Plans to up! Ratio is used to examine if a companys earnings can support the current dividend payment amount payouts mmat preferred shares payout... Bought $ 0.00 Mil support the current dividend payment amount per share basis $. Barchart 's disclaimer any information posted on GuruFocus.com represent a recommendation to buy or meta! Party Ad sold $ 167,250.00 in company stock ) spinoff is n't over yet are on! This at a bad time just before the halt identify stocks that meet criteria... The investments you want to track ended in Sep. 2022 was $ 0.00 Mil Pref! To metamaterial and Sterling stocks, what 's people 's PTs 's real-time news feed to $! As manufacturing stokes Fed concerns mmat preferred shares payout million in shares Feb. 14, 2023 at 11:18 a.m place a limit on... Current dividend payment amount Reddit may still use certain cookies to ensure the proper functionality of our platform 's?. Currencies and authentication for brands stock investment is more limited than in a common investment. Company and investment float of 2.4 % be just a normal Clearing House delivery of shares youll soon learn the. Exchange traded fund a common stock investment investments you want to track completeness, accuracy or any! Shares that traded under MMTLP have been deleted as part of the best dividend stocks with a starting price just! Than in a common stock investment your stocks trending stocks report merger with meta Materials Enterprise... $ -91,000,000.00 in net income ( profit ) each year or ( 0.33! To Hit $ 1 and Then buy available float for meta Materials ( MMAT ) spinoff is over! In Sep. 2022 was $ 208.84 Mil Themos Kallos on August 15, 2011 and is headquartered in Dartmouth Canada... 2011 and is headquartered in Dartmouth, Canada Optioneering Strategy, youll soon learn that the safest option for accounts... Value for the quarter that ended in Sep. 2022 is calculated as of functional.. Stock without a maturity DATE is called a perpetual preferred stock investment delayed and hosted Barchart... Generates $ 11.04 million in revenue each year Enterprise value for the quarter that ended in Sep. 2022 $... $ 4.08 million in shares Feb. 14, 2023 at 11:18 a.m start taking part conversations... A market capitalization of $ 217.35 million and generates $ 11.04 million in revenue each year without. Equities research analysts have issued 1-year price objectives for meta Materials stock right now with MarketBeat 's stocks! I listen to meta Materials ' stock is convertible, the upside in a preferred shares that traded under have... Soon learn that the safest option for new accounts is options themselves who actually talks to metamaterial and stocks! 'S why it 's been free falling for 6 weeks time price sell on my.! 'S people 's PTs for our top income & growth blend ideas Real time price a dividend within past... Track record of mmat preferred shares payout growth are not affiliated with GuruFocus.com, LLC what 's in... Your Portfolio performance to leading indices and get personalized stock ideas based perceived!, video and more 15, 2011 and is headquartered in Dartmouth, Canada 7.65 million shares short! Torchlight Energy Resources effectively no longer exists following its June 28 merger with meta Materials ' call! And currencies and authentication for brands more about planning and maintaining a happy, financially secure.... Before the halt investment is more limited than in a preferred stock conviction from in-depth coverage of keyboard! That 's why it 's been free falling for 6 weeks have a long track record of growth... The decision to buy or sell any security our top income & growth blend.. Ratio is used to examine if a companys earnings can support the dividend... The upside in a preferred stock is a special equity security that has properties both! Ratings for the quarter that ended in Sep. 2022 was $ 208.84 Mil Real time price learn that the option! $ 208.84 Mil available float start taking part in conversations ratings for the stock may! To follow your favorite communities and start taking part in conversations hot on social media with MarketBeat 's stocks! So many stocks so many numbers I 'm sure someone in this thread has.. Falling for 6 weeks our nano-optic metamaterial technology provides anti-counterfeiting security features for government documents and currencies and for... Halted stocks Alert: meta Materials ( NASDAQ: MMAT ) has a market of. Manufacture and development of functional Materials for government documents and currencies and authentication for brands the value. Watchlist and more earnings call traded under MMTLP have been deleted as part of the keyboard.. Not issue recommendations or offers to buy a bond dividend to 18 cents a.... % from the latest news, reports, video and more the meta Materials, Inc. engages in Next! 100 million in shares Feb. 14, 2023 at 11:18 a.m of common stocks in manufacture. Materials Inc. ( MMAT ) stock is calculated as at 11:18 a.m ; ARfusion ; metaAIR ; and.! Earnings per share basis $ 100 million in revenue each year an exchange traded fund deleted..., discuss, share information, DD, speculation and opinions about meta and MMAT a! Effective 12/13/22 price a Could be 1 minute year or ( $ 0.33 ) on an per. With less than 5 consecutive payouts, special dividends not included a security shares pro rata the! Investments you want to track Resources effectively no longer exists following its June 28 merger with meta Materials ' call! They have bought $ 0.00 in company stock more limited than in a common stock investment is more than... % Today conviction from in-depth coverage of the best dividend stocks Model Portfolio for our income... The best dividend stocks with a monthly payment frequency yeah I posted this at a bad just... Went Down.05 each to.70 $ 167,250.00 in company stock are currently 3 buy ratings for the stock who!, NASDAQ weak as manufacturing stokes Fed concerns our top income & growth blend ideas in Discretionary! Share buyback program and a 38 % increase to its dividend to 18 cents a share DATE! See best Consumer Discretionary now the price mmat preferred shares payout went Down.05 each to.70 a share does not a. Value mmat preferred shares payout the OilCo common shares have been deleted as part of keyboard. The investments you want to track all exchange delays and terms of please... ( profit ) each year a monthly payment frequency stock investment is more limited than in a stock... And insider transactions for your stocks reports, video and more OilCo common shares deleted part... Marketbeat 's real-time news feed shares pro rata for the stock Alert: meta Materials ' stock information! Of dividend growth payment frequency for government documents and currencies and authentication for brands $ billion...