NASDAQ:IMKTA Ingles Markets (IMKTA) Stock Forecast, Price & News $75.27 +0.23 (+0.31%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$74.76▼$75.7250-Day Range$74.04▼$85.9952-Week Range$73.38▼$102.99Volume81,947 shsAverage Volume81,255 shsMarket Capitalization$1.43 billionP/E Ratio6.27Dividend Yield0.88%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ingles Markets MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish1.84% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.05Upright™ Environmental ScoreNews Sentiment0.25Based on 12 Articles This WeekInsider TradingSelling Shares$1.77 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsRetail/Wholesale Sector146th out of 214 stocksGrocery Stores Industry6th out of 9 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Ingles Markets. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.84% of the outstanding shares of Ingles Markets have been sold short.Short Interest Ratio / Days to CoverIngles Markets has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Ingles Markets has recently increased by 25.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldIngles Markets has a dividend yield of 0.87%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthIngles Markets does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ingles Markets is 5.50%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIngles Markets has received a 3.64% net impact score from Upright. Ingles seems to create the most significant positive value in categories "Taxes", "Jobs", and "Nutrition". The positive contribution in the "Nutrition" impact category is mostly driven by its "Milk", "Physical retail of baking accessories at a supermarket", and "Physical retail of oils and fats at a supermarket" products. See details.Environmental SustainabilityThe Environmental Impact score for Ingles Markets is -2.05. Previous Next 2.4 News and Social Media Coverage News SentimentIngles Markets has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Ingles Markets this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for IMKTA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows5 people have added Ingles Markets to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ingles Markets insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,768,056.00 in company stock.Percentage Held by Insiders31.90% of the stock of Ingles Markets is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions62.58% of the stock of Ingles Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ingles Markets is 6.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Ingles Markets is 6.27, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.05.Price to Book Value per Share RatioIngles Markets has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ingles Markets (NASDAQ:IMKTA) StockIngles 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.Read More IMKTA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMKTA Stock News HeadlinesSeptember 26, 2023 | benzinga.comIngles Markets Recent Insider ActivitySeptember 26, 2023 | americanbankingnews.comIngles Markets, Incorporated (NASDAQ:IMKTA) Director Sharp Laura Ingle Sells 317 SharesSeptember 28, 2023 | Behind the Markets (Ad)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.September 26, 2023 | americanbankingnews.comSharp Laura Ingle Sells 3,683 Shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) StockSeptember 26, 2023 | americanbankingnews.comIngles Markets, Incorporated (NASDAQ:IMKTA) Director Sharp Laura Ingle Sells 3,683 SharesSeptember 26, 2023 | finance.yahoo.comDirector Sharp Ingle Sells 4,000 Shares of Ingles Markets Inc (IMKTA)September 21, 2023 | finance.yahoo.comDirector Sharp Ingle Sells 2000 Shares of Ingles Markets IncSeptember 21, 2023 | stocknews.comTop 3 Grocery Stock Gainers of the MonthSeptember 28, 2023 | Behind the Markets (Ad)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.September 21, 2023 | finance.yahoo.comDirector Sharp Ingle Sells 2,000 Shares of Ingles Markets Inc (IMKTA)September 17, 2023 | finance.yahoo.comWith 63% ownership of the shares, Ingles Markets, Incorporated (NASDAQ:IMKT.A) is heavily dominated by institutional ownersSeptember 15, 2023 | benzinga.comIngles Markets Insider Trades Send a SignalSeptember 15, 2023 | finance.yahoo.comDirector Sharp Ingle Sells 4,000 Shares of Ingles Markets IncSeptember 14, 2023 | benzinga.comIngles Markets Director Sold $303K In Company StockSeptember 14, 2023 | benzinga.comIngles Markets Board Member Trades $82K In Company StockSeptember 14, 2023 | finance.yahoo.comDirector Sharp Ingle Sells 4000 Shares of Ingles Markets IncSeptember 13, 2023 | benzinga.comDirector of Ingles Markets Makes $150K SaleAugust 27, 2023 | finance.yahoo.comReturns Are Gaining Momentum At Ingles Markets (NASDAQ:IMKT.A)August 3, 2023 | finance.yahoo.comIngles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2023August 1, 2023 | seekingalpha.comIngles Markets Seems Like A Low-Risk PickJuly 28, 2023 | finance.yahoo.comWill Weakness in Ingles Markets, Incorporated's (NASDAQ:IMKT.A) Stock Prove Temporary Given Strong Fundamentals?July 5, 2023 | msn.comIngles Markets, Inc. - (IMKTA) Declares $0.16 DividendJune 6, 2023 | finance.yahoo.com10 Small Cap Consumer Staples Stocks Billionaires Are Loading Up OnJune 3, 2023 | finance.yahoo.comIMKTA - Ingles Markets, IncorporatedMay 30, 2023 | finance.yahoo.comThose who invested in Ingles Markets (NASDAQ:IMKT.A) five years ago are up 204%May 13, 2023 | msn.comIngles Markets: Hidden Quality In This Regional GrocerMay 8, 2023 | msn.comIngles Markets: Still Attractive Despite Recent WeaknessSee More Headlines Receive IMKTA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ingles Markets and its competitors with MarketBeat's FREE daily newsletter. Email Address IMKTA Company Calendar Ex-Dividend for 7/13 Dividend7/05/2023Dividend Payable7/13/2023Last Earnings8/03/2023Today9/28/2023Fiscal Year End9/30/2023Next Earnings (Estimated)11/22/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Grocery stores Sub-IndustryFood Retail SectorRetail/Wholesale Current SymbolNASDAQ:IMKTA CUSIP45703010 CIK50493 Webwww.ingles-markets.com Phone(828) 669-2941Fax82-8-6693-678xEmployees26,000Year Founded1963Profitability EPS (Most Recent Fiscal Year)$12.01 Trailing P/E Ratio6.27 Forward P/E RatioN/A P/E GrowthN/ANet Income$272.76 million Net Margins3.96% Pretax Margin5.26% Return on Equity17.07% Return on Assets9.73% Debt Debt-to-Equity Ratio0.38 Current Ratio2.86 Quick Ratio1.32 Sales & Book Value Annual Sales$5.68 billion Price / Sales0.25 Cash Flow$20.40 per share Price / Cash Flow3.69 Book Value$66.31 per share Price / Book1.14Miscellaneous Outstanding Shares18,990,000Free Float12,935,000Market Cap$1.43 billion OptionableOptionable Beta0.67 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. James W. Lanning (Age 64)CEO, Pres & Director Comp: $2.23MMs. Patricia E. Jackson CPA (Age 57)CFO, VP of Fin., Sec. & Director Comp: $367.26kMs. Cynthia L. Brooks (Age 60)VP of HR Mr. Michael David Hogan (Age 40)Pres of Milkco Key CompetitorsSprouts Farmers MarketNASDAQ:SFMCracker Barrel Old Country StoreNASDAQ:CBRLPC ConnectionNASDAQ:CNXNJack in the BoxNASDAQ:JACKCheesecake FactoryNASDAQ:CAKEView All CompetitorsInsiders & InstitutionsSharp Laura IngleSold 2,298 sharesTotal: $173,499.00 ($75.50/share)Sharp Laura IngleSold 3,683 sharesTotal: $280,423.62 ($76.14/share)Sharp Laura IngleSold 317 sharesTotal: $23,933.50 ($75.50/share)Sharp Laura IngleSold 2,000 sharesTotal: $151,000.00 ($75.50/share)Sharp Laura IngleSold 4,000 sharesTotal: $306,200.00 ($76.55/share)View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Ingles Markets' stock? ETFs with the largest weight of Ingles Markets (NASDAQ:IMKTA) stock in their portfolio include Newday Ocean Health ETF (AHOY), Hartford Multifactor Small Cap ETF (ROSC), EA Bridgeway Omni Small-Cap Value ETF (BSVO), First Trust Small Cap Value AlphaDEX Fund (FYT) and Royce Quant Small-Cap Quality Value ETF (SQLV).iShares U.S. Small Cap Equity Factor ETF (SMLF). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ingles Markets, Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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