Natural Grocers by Vitamin Cottage (NYSE:NGVC) Issues Earnings Results

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) issued its quarterly earnings results on Thursday. The specialty retailer reported $0.35 earnings per share (EPS) for the quarter, Zacks reports. Natural Grocers by Vitamin Cottage had a return on equity of 16.69% and a net margin of 2.29%. The firm had revenue of $308.09 million during the quarter. During the same period in the previous year, the business posted $0.29 earnings per share. Natural Grocers by Vitamin Cottage updated its FY 2024 guidance to 1.080-1.180 EPS.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NGVC traded up $1.69 during mid-day trading on Friday, hitting $19.52. The company's stock had a trading volume of 161,317 shares, compared to its average volume of 41,444. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.90 and a quick ratio of 0.17. The firm has a 50-day moving average price of $17.06 and a 200 day moving average price of $15.92. Natural Grocers by Vitamin Cottage has a fifty-two week low of $10.39 and a fifty-two week high of $20.72. The stock has a market capitalization of $444.08 million, a price-to-earnings ratio of 16.68 and a beta of 1.17.

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Monday, June 3rd will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.05%. The ex-dividend date is Monday, June 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is presently 34.19%.

Insider Activity at Natural Grocers by Vitamin Cottage

In related news, CFO Todd Dissinger sold 15,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $15.30, for a total value of $229,500.00. Following the transaction, the chief financial officer now directly owns 37,069 shares in the company, valued at approximately $567,155.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 59.40% of the company's stock.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.