Weis Markets (NYSE:WMK - Get Free Report) announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.76 earnings per share (EPS) for the quarter, Zacks reports. Weis Markets had a return on equity of 6.85% and a net margin of 2.01%. The company had revenue of $1.20 billion during the quarter.
Weis Markets Price Performance
Weis Markets stock traded up $0.90 during trading hours on Wednesday, hitting $76.05. The company had a trading volume of 208,504 shares, compared to its average volume of 94,596. The firm has a 50-day moving average of $80.62 and a 200 day moving average of $73.57. The firm has a market cap of $2.05 billion, a PE ratio of 21.36 and a beta of 0.55. Weis Markets has a one year low of $60.93 and a one year high of $90.23.
Weis Markets Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Monday, May 12th. Weis Markets's payout ratio is presently 34.09%.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Weis Markets from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 8th.
Get Our Latest Research Report on WMK
Weis Markets Company Profile
(
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Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.
Further Reading
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