S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
NASDAQ:IMKTA

Ingles Markets (IMKTA) Stock Price, News & Analysis

$76.27
-0.74 (-0.96%)
(As of 03/1/2024 ET)
Today's Range
$75.66
$77.37
50-Day Range
$75.72
$89.13
52-Week Range
$73.38
$95.21
Volume
115,258 shs
Average Volume
80,744 shs
Market Capitalization
$1.45 billion
P/E Ratio
7.85
Dividend Yield
0.87%
Price Target
N/A

Ingles Markets MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.60% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.05
Upright™ Environmental Score
News Sentiment
1.26mentions of Ingles Markets in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.57 out of 5 stars

Retail/Wholesale Sector

83rd out of 205 stocks

Grocery Stores Industry

4th out of 10 stocks


IMKTA stock logo

About Ingles Markets Stock (NASDAQ:IMKTA)

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

IMKTA Stock Price History

IMKTA Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
IMKTA Mar 2024 125.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Chuck Royce Bolsters Position in Ingles Markets Inc
Ingles Markets Inc. Cl A
Ingles Markets: Still Low-Risk And Cheap
Ingles Markets Inc Class A
Director Sharp Ingle Sells 3000 Shares of Ingles Markets Inc
See More Headlines
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Company Calendar

Ex-Dividend for 1/19 Dividend
1/11/2024
Dividend Payable
1/19/2024
Last Earnings
2/08/2024
Today
3/01/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
Food Retail
Current Symbol
NASDAQ:IMKTA
CUSIP
45703010
Employees
26,420
Year Founded
1963

Profitability

Net Income
$210.81 million
Pretax Margin
4.15%

Debt

Sales & Book Value

Annual Sales
$5.89 billion
Cash Flow
$17.29 per share
Book Value
$78.73 per share

Miscellaneous

Free Float
14,606,000
Market Cap
$1.45 billion
Optionable
Optionable
Beta
0.64

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IMKTA Stock Analysis - Frequently Asked Questions

How have IMKTA shares performed in 2024?

Ingles Markets' stock was trading at $86.37 on January 1st, 2024. Since then, IMKTA stock has decreased by 11.7% and is now trading at $76.27.
View the best growth stocks for 2024 here
.

Are investors shorting Ingles Markets?

Ingles Markets saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 303,700 shares, a drop of 6.7% from the January 31st total of 325,500 shares. Based on an average daily trading volume, of 76,500 shares, the days-to-cover ratio is presently 4.0 days.
View Ingles Markets' Short Interest
.

When is Ingles Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our IMKTA earnings forecast
.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) announced its quarterly earnings results on Thursday, February, 8th. The company reported $2.28 EPS for the quarter. The business earned $1.48 billion during the quarter. Ingles Markets had a trailing twelve-month return on equity of 12.92% and a net margin of 3.14%.

How often does Ingles Markets pay dividends? What is the dividend yield for Ingles Markets?

Ingles Markets announced a quarterly dividend on Tuesday, January 2nd. Shareholders of record on Friday, January 12th will be given a dividend of $0.165 per share on Friday, January 19th. This represents a $0.66 annualized dividend and a yield of 0.87%. The ex-dividend date is Thursday, January 11th.
Read our dividend analysis for IMKTA
.

Is Ingles Markets a good dividend stock?

Ingles Markets (NASDAQ:IMKTA) pays an annual dividend of $0.66 per share and currently has a dividend yield of 0.87%. The dividend payout ratio is 6.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMKTA.

What is Jim Lanning's approval rating as Ingles Markets' CEO?

14 employees have rated Ingles Markets Chief Executive Officer Jim Lanning on Glassdoor.com. Jim Lanning has an approval rating of 57% among the company's employees. This puts Jim Lanning in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Ingles Markets' major shareholders?

Ingles Markets' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.25%), Vanguard Group Inc. (6.20%), River Road Asset Management LLC (4.38%), Gamco Investors INC. ET AL (2.86%), LSV Asset Management (2.08%) and Charles Schwab Investment Management Inc. (1.64%). Insiders that own company stock include James W Lanning and Sharp Laura Ingle.
View institutional ownership trends
.

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.
Compare Top Brokerages Here.

This page (NASDAQ:IMKTA) was last updated on 3/2/2024 by MarketBeat.com Staff