NASDAQ:IMKTA

Ingles Markets (IMKTA) Stock Price, News & Analysis

$74.28
-1.06 (-1.41%)
(As of 04/22/2024 ET)
Today's Range
$73.04
$76.02
50-Day Range
$73.01
$77.13
52-Week Range
$72.72
$94.68
Volume
135,167 shs
Average Volume
82,766 shs
Market Capitalization
$1.41 billion
P/E Ratio
7.64
Dividend Yield
0.89%
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
0.46mentions of Ingles Markets in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$607,000 Sold Last Quarter
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.

2.61 out of 5 stars

Retail/Wholesale Sector

128th out of 197 stocks

Grocery Stores Industry

7th out of 11 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

[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
Ingles Markets director sells $305,000 in stock
[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
Ingles Markets Enters Oversold Territory
IMKTA Apr 2024 70.000 put
IMKTA Mar 2024 125.000 call
Chuck Royce Bolsters Position in Ingles Markets Inc
Ingles Markets Inc. Cl A
Ingles Markets: Still Low-Risk And Cheap
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 4/18 Dividend
4/10/2024
Dividend Payable
4/18/2024
Today
4/22/2024
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
$5.88 billion
Cash Flow
$16.96 per share
Book Value
$76.81 per share

Miscellaneous

Free Float
14,606,000
Market Cap
$1.41 billion
Optionable
Optionable
Beta
0.60

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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 at the start of the year. Since then, IMKTA shares have decreased by 14.0% and is now trading at $74.28.
View the best growth stocks for 2024 here
.

Are investors shorting Ingles Markets?

Ingles Markets saw a increase in short interest in March. As of March 31st, there was short interest totaling 304,000 shares, an increase of 5.6% from the March 15th total of 288,000 shares. Based on an average trading volume of 82,800 shares, the short-interest ratio is currently 3.7 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 data on Thursday, February, 8th. The company reported $2.28 earnings per share (EPS) for the quarter. The company earned $1.48 billion during the quarter. Ingles Markets had a net margin of 3.14% and a trailing twelve-month return on equity of 12.92%.

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

Ingles Markets announced a quarterly dividend on Monday, April 1st. Shareholders of record on Thursday, April 11th will be paid a dividend of $0.165 per share on Thursday, April 18th. This represents a $0.66 annualized dividend and a yield of 0.89%. The ex-dividend date is Wednesday, April 10th.
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 0.90%. 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 variety of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.34%), Raymond James & Associates (0.31%), Baker Ellis Asset Management LLC (0.29%), Allspring Global Investments Holdings LLC (0.22%), DGS Capital Management LLC (0.10%) and Los Angeles Capital Management LLC (0.06%). 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 4/23/2024 by MarketBeat.com Staff

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