Ingles Markets (IMKTA) Stock Price, News & Analysis

Company Overview

Ingles Markets, Inc. (NASDAQ: IMKTA) is a family‐owned regional supermarket chain headquartered in Asheville, North Carolina. Since its founding in 1963 by Robert P. Ingle Sr., the company has grown to serve communities across the southeastern United States, including North Carolina, South Carolina, Georgia, Tennessee, Virginia and Alabama. Ingles Markets operates a full-service grocery platform, delivering a broad assortment of fresh produce, meat and seafood, bakery items, deli offerings and dairy products alongside pantry staples and household essentials.

In addition to traditional grocery departments, Ingles Markets provides in-store pharmacy services and fuel centers at many of its locations. The company has expanded its digital capabilities in recent years, offering online ordering, curbside pickup and home delivery options to meet evolving consumer preferences. Ingles emphasizes local sourcing where possible and maintains partnerships with regional growers and suppliers to support community economies and reinforce its reputation for quality and freshness.

Governed by the Ingle family, Ingles Markets remains under the leadership of Robert P. Ingle II, who serves as chairman and CEO. Throughout its history, the company has focused on customer service, competitive pricing and operational efficiency to strengthen its market presence. With a legacy spanning more than half a century, Ingles continues to pursue strategic store relocations, remodels and selective new openings to enhance its footprint in existing markets.

Key Stats

• Today's Range: $69.98 to $71.37
• 50-Day Range: $59.62 to $72.32
• 52-Week Range: $58.92 to $75.63
• Volume: 83,105 shs
• Average Volume: 108,899 shs
• Market Capitalization: $1.35 billion
• P/E Ratio: 23.98
• Dividend Yield: 0.93%
• Price Target: N/A
• Consensus Rating: Hold

Ingles Markets Stock Analysis - MarketRank™

Ingles Markets scored higher than 36% of companies evaluated by MarketBeat, and ranked 151st out of 212 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Ingles Markets.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ingles Markets is 23.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ingles Markets is 23.98, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 19.80.

Price to Book Value per Share Ratio

Ingles Markets has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.07% of the outstanding shares of Ingles Markets have been sold short.

Short Interest Ratio / Days to Cover

Ingles Markets has a short interest ratio ("days to cover") of 8.3.

Change versus previous month

Short interest in Ingles Markets has recently decreased by 3.67%, indicating that investor sentiment is improving.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Ingles Markets has a dividend yield of 0.93%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ingles Markets does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ingles Markets is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 2.1 / 5
• Environmental Score: -2.05

Percentage of Shares Shorted

5.07% of the outstanding shares of Ingles Markets have been sold short.

Short Interest Ratio / Days to Cover

Ingles Markets has a short interest ratio ("days to cover") of 8.3.

Change versus previous month

Short interest in Ingles Markets has recently decreased by 3.67%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.75

News Sentiment

Ingles Markets has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Ingles Markets this week, compared to 3 articles on an average week.

MarketBeat Follows

1 people have added Ingles Markets to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ingles Markets insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.80% of the stock of Ingles Markets is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.54% of the stock of Ingles Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IMKTA Stock Analysis - Frequently Asked Questions

How have IMKTA shares performed this year?

Ingles Markets' stock was trading at $64.44 on January 1st, 2025. Since then, IMKTA stock has increased by 10.5% and is now trading at $71.21.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) released its quarterly earnings results on Thursday, August, 7th. The company reported $1.38 EPS for the quarter. Ingles Markets had a net margin of 1.05% and a trailing twelve-month return on equity of 3.60%.

How do I buy shares of Ingles Markets?

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

Company Calendar

• Record date for 7/17 Dividend: 7/10/2025
• Ex-Dividend for 7/17 Dividend: 7/10/2025
• Dividend Payable: 7/17/2025
• Last Earnings: 8/07/2025
• Today: 10/07/2025
• Record date for 10/16 Dividend: 10/09/2025
• Ex-Dividend for 10/16 Dividend: 10/09/2025
• Dividend Payable: 10/16/2025
• Next Earnings (Estimated): 11/26/2025
• Fiscal Year End: 9/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: RETAIL - SUPERMKT
• Sub-Industry: Food Retail
• Current Symbol: NASDAQ:IMKTA
• CIK: 50493
• Web: www.ingles-markets.com
• Phone: (828) 669-2941
• Fax: 82-8-6693-678x
• Employees: 26,360
• Year Founded: 1963

Profitability

• EPS (Trailing Twelve Months): $2.97
• Trailing P/E Ratio: 23.98
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $105.54 million
• Net Margins: 1.05%
• Pretax Margin: 1.38%
• Return on Equity: 3.60%
• Return on Assets: 2.24%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 3.14
• Quick Ratio: 1.53

Sales & Book Value

• Annual Sales: $5.36 billion
• Price / Sales: 0.25
• Cash Flow: $11.77 per share
• Price / Cash Flow: 6.05
• Book Value: $81.38 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 18,994,000
• Free Float: 14,663,000
• Market Cap: $1.35 billion
• Optionable: Optionable
• Beta: 0.75