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S&P 500   4,274.51
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How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
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DOD Consultant's big 2024 prediction looks to be coming true (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
66,000% upside on tiny biotech? (Ad)
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How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
DOD Consultant's big 2024 prediction looks to be coming true (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
66,000% upside on tiny biotech? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
NASDAQ:IMKTA

Ingles Markets (IMKTA) Stock Forecast, Price & News

$75.27
+0.23 (+0.31%)
(As of 09/27/2023 ET)
Compare
Today's Range
$74.76
$75.72
50-Day Range
$74.04
$85.99
52-Week Range
$73.38
$102.99
Volume
81,947 shs
Average Volume
81,255 shs
Market Capitalization
$1.43 billion
P/E Ratio
6.27
Dividend Yield
0.88%
Price Target
N/A

Ingles Markets MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.84% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.05
Upright™ Environmental Score
News Sentiment
0.25mentions of Ingles Markets in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.77 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Retail/Wholesale Sector

146th out of 214 stocks

Grocery Stores Industry

6th out of 9 stocks


IMKTA stock logo

About Ingles Markets (NASDAQ:IMKTA) Stock

Ingles Markets, Incorporated 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 also 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. It operates under the brand names Ingles, Sav-Mor, as well as pharmacies and fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

IMKTA Price History

IMKTA Stock News Headlines

Ingles Markets Recent Insider Activity
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Director Sharp Ingle Sells 2000 Shares of Ingles Markets Inc
Top 3 Grocery Stock Gainers of the Month
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Ingles Markets Insider Trades Send a Signal
Ingles Markets Director Sold $303K In Company Stock
Director Sharp Ingle Sells 4000 Shares of Ingles Markets Inc
Director of Ingles Markets Makes $150K Sale
Ingles Markets Seems Like A Low-Risk Pick
IMKTA - Ingles Markets, Incorporated
See More Headlines
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IMKTA Company Calendar

Ex-Dividend for 7/13 Dividend
7/05/2023
Dividend Payable
7/13/2023
Last Earnings
8/03/2023
Today
9/28/2023
Fiscal Year End
9/30/2023
Next Earnings (Estimated)
11/22/2023

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
Food Retail
Current Symbol
NASDAQ:IMKTA
CUSIP
45703010
Employees
26,000
Year Founded
1963

Profitability

Net Income
$272.76 million
Pretax Margin
5.26%

Debt

Sales & Book Value

Annual Sales
$5.68 billion
Cash Flow
$20.40 per share
Book Value
$66.31 per share

Miscellaneous

Free Float
12,935,000
Market Cap
$1.43 billion
Optionable
Optionable
Beta
0.67

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Key Executives

  • Mr. James W. LanningMr. James W. Lanning (Age 64)
    CEO, Pres & Director
    Comp: $2.23M
  • Ms. Patricia E. Jackson CPA (Age 57)
    CFO, VP of Fin., Sec. & Director
    Comp: $367.26k
  • Ms. Cynthia L. Brooks (Age 60)
    VP of HR
  • Mr. Michael David Hogan (Age 40)
    Pres of Milkco













IMKTA Stock - Frequently Asked Questions

How have IMKTA shares performed in 2023?

Ingles Markets' stock was trading at $96.46 at the beginning of 2023. Since then, IMKTA stock has decreased by 22.0% and is now trading at $75.27.
View the best growth stocks for 2023 here
.

Are investors shorting Ingles Markets?

Ingles Markets saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 350,200 shares, an increase of 25.4% from the August 31st total of 279,200 shares. Based on an average daily trading volume, of 77,700 shares, the short-interest ratio is presently 4.5 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 Wednesday, November 22nd 2023.
View our IMKTA earnings forecast
.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $2.54 earnings per share (EPS) for the quarter. The company had revenue of $1.43 billion for the quarter. Ingles Markets had a net margin of 3.96% and a trailing twelve-month return on equity of 17.07%.

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

Ingles Markets announced a quarterly dividend on Monday, June 26th. Shareholders of record on Thursday, July 6th will be paid a dividend of $0.165 per share on Thursday, July 13th. This represents a $0.66 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, July 5th.
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 5.50%. 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.

What is Ingles Markets' stock symbol?

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

Who are Ingles Markets' major shareholders?

Ingles Markets' stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.24%), BlackRock Inc. (5.79%), River Road Asset Management LLC (4.26%), Royce & Associates LP (3.65%), Gamco Investors INC. ET AL (2.81%) and LSV Asset Management (2.60%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ingles Markets' stock price today?

One share of IMKTA stock can currently be purchased for approximately $75.27.

How much money does Ingles Markets make?

Ingles Markets (NASDAQ:IMKTA) has a market capitalization of $1.43 billion and generates $5.68 billion in revenue each year. The company earns $272.76 million in net income (profit) each year or $12.01 on an earnings per share basis.

How many employees does Ingles Markets have?

The company employs 26,000 workers across the globe.

How can I contact Ingles Markets?

Ingles Markets' mailing address is PO BOX 6676, ASHEVILLE NC, 28816. The official website for the company is www.ingles-markets.com. The company can be reached via phone at (828) 669-2941, via email at rfreeman@ingles-markets.com, or via fax at 82-8-6693-678x.

This page (NASDAQ:IMKTA) was last updated on 9/28/2023 by MarketBeat.com Staff

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