NASDAQ:IMKTA - Ingles Markets Stock Price, Forecast & News

Ingles Markets trades on the NASDAQ under the ticker symbol "IMKTA."

Ingles Markets announced a quarterly dividend on Tuesday, December 31st. Investors of record on Thursday, January 9th will be given a dividend of $0.165 per share on Thursday, January 16th. This represents a $0.66 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Wednesday, January 8th. View Ingles Markets' Dividend History.

Ingles Markets, Incorporated (NASDAQ:IMKTA) issued its quarterly earnings results on Tuesday, December, 10th. The company reported $1.04 earnings per share (EPS) for the quarter. The company earned $1.08 billion during the quarter. Ingles Markets had a return on equity of 12.80% and a net margin of 1.94%. View Ingles Markets' Earnings History.

Ingles Markets is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Ingles Markets.

News articles about IMKTA stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ingles Markets earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Ingles Markets.

Ingles Markets saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,300,000 shares, a decrease of 5.1% from the December 15th total of 1,370,000 shares. Based on an average daily trading volume, of 78,200 shares, the days-to-cover ratio is currently 16.6 days. Currently, 9.2% of the company's stock are short sold. View Ingles Markets' Current Options Chain.

Some companies that are related to Ingles Markets include Kroger (KR), Casey's General Stores (CASY), Weis Markets (WMK), Village Super Market (VLGEA) and Natural Grocers by Vitamin Cottage (NGVC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingles Markets investors own include Koninklijke Philips (PHG), SpartanNash (SPTN), AT&T (t), Netflix (nflx), Centene (CNC), Clean Energy Fuels (CLNE), Comcast (CMCSA), Corbus Pharmaceuticals (CRBP), Pattern Energy Group (PEGI) and AbbVie (ABBV).

Ingles Markets' stock is owned by many different of institutional and retail investors. Top institutional investors include Campbell & CO Investment Adviser LLC (0.15%), Bowling Portfolio Management LLC (0.14%), Strs Ohio (0.08%) and Nisa Investment Advisors LLC (0.06%). Company insiders that own Ingles Markets stock include Ernest E Ferguson and Sharp Laura Ingle. View Institutional Ownership Trends for Ingles Markets.

IMKTA stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Strs Ohio and Nisa Investment Advisors LLC. View Insider Buying and Selling for Ingles Markets.

IMKTA stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Ingles Markets.

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

One share of IMKTA stock can currently be purchased for approximately $43.31.

Ingles Markets has a market capitalization of $877.46 million and generates $4.20 billion in revenue each year. The company earns $81.58 million in net income (profit) each year or $4.03 on an earnings per share basis. Ingles Markets employs 27,000 workers across the globe.View Additional Information About Ingles Markets.

The official website for Ingles Markets is http://www.ingles-markets.com/.

Ingles Markets' mailing address is PO BOX 6676, ASHEVILLE NC, 28816. The company can be reached via phone at 82-8-6692-941x or via email at [email protected]