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 15.1% and is now trading at $73.34. 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 EPS for the quarter. The company 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 Monday, April 1st. Stockholders 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 dividend on an annualized basis and a yield of 0.90%. 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 ETFs hold Ingles Markets' stock?

ETFs with the largest weight of Ingles Markets (NASDAQ:IMKTA) stock in their portfolio include Hartford Multifactor Small Cap ETF (ROSC) . First Trust Small Cap Value AlphaDEX Fund (FYT) .

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 many different institutional and retail investors. Top institutional investors include 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 .

NASDAQ:IMKTA

Ingles Markets (IMKTA) Stock Price, News & Analysis

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$73.34

+0.33 (+0.45%)

(As of 04/15/2024 ET)

Compare

Today's Range: $73.00
▼
$73.94
50-Day Range: $73.01
▼
$82.16
52-Week Range: $72.77
▼
$94.68

Volume: 68,405 shs
Average Volume: 80,055 shs
Market Capitalization: $1.39 billion

P/E Ratio: 7.55
Dividend Yield: 0.90%
Price Target: N/A

Get Ingles Markets alerts:

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: -0.03
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.

2.71 out of 5 stars

Retail/Wholesale Sector

125th out of 204 stocks

Grocery Stores Industry

6th out of 11 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ingles Markets.

3.0

Short Interest

Percentage of Shares Shorted
1.60% of the outstanding shares of Ingles Markets have been sold short.
Short Interest Ratio / Days to Cover
Ingles Markets has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ingles Markets has recently increased by 5.56%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
Ingles Markets has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ingles Markets does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ingles Markets is 6.79%. This payout ratio is at a healthy, sustainable level, below 75%.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ingles 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 Sustainability
The Environmental Impact score for Ingles Markets is -2.05.

2.2

News and Social Media Coverage

News Sentiment
Ingles Markets has a news sentiment score of -0.03. 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 0.57 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ingles Markets this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for IMKTA on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added Ingles Markets to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In 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 $607,000.00 in company stock.
Percentage Held by Insiders
23.10% 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 Institutions
62.54% of the stock of Ingles Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ingles Markets is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ingles Markets is 7.55, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.74.
Price to Book Value per Share Ratio
Ingles Markets has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

IMKTA Stock News Headlines

March 31, 2024 | insidertrades.com

Sharp Laura Ingle Sells 4,000 Shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) Stock

March 27, 2024 | insidertrades.com

Sharp Laura Ingle Sells 2,000 Shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) Stock

April 16, 2024 | Paradigm Press (Ad)

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April 16, 2024 | americanbankingnews.com

Ingles Markets, Incorporated (NASDAQ:IMKTA) Short Interest Update

April 4, 2024 | finance.yahoo.com

Ingles Markets (NASDAQ:IMKT.A) Has Affirmed Its Dividend Of $0.165

April 1, 2024 | msn.com

Ingles Markets declares $0.165 dividend

April 1, 2024 | finance.yahoo.com

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

March 31, 2024 | investing.com

Ingles Markets director sells $305,000 in stock

April 16, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

March 23, 2024 | investing.com

Ingles Markets executive sells $150k in company stock

March 16, 2024 | nasdaq.com

Ingles Markets Enters Oversold Territory

March 15, 2024 | finance.yahoo.com

IMKTA Apr 2024 70.000 put

March 2, 2024 | finance.yahoo.com

Director Sharp Ingle Sells 3,000 Shares of Ingles Markets Inc (IMKTA)

March 1, 2024 | finance.yahoo.com

Director Sharp Ingle Sells 5,000 Shares of Ingles Markets Inc (IMKTA)

February 24, 2024 | benzinga.com

Ingles Markets Stock (NASDAQ:IMKTA) Earnings Dates and Earning Calls

February 24, 2024 | finance.yahoo.com

Ingles Markets, Incorporated (NASDAQ:IMKT.A) is favoured by institutional owners who hold 64% of the company

February 17, 2024 | finance.yahoo.com

IMKTA Mar 2024 125.000 call

February 10, 2024 | finance.yahoo.com

Ingles Markets Inc (IMKTA) Reports Mixed First Quarter Fiscal 2024 Results

February 9, 2024 | msn.com

Ingles Markets Shares Non-Filed Information Update

February 8, 2024 | finance.yahoo.com

Ingles Markets, Incorporated Reports Results for First Quarter Fiscal 2024

February 3, 2024 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Ingles Markets (NASDAQ:IMKT.A)

February 1, 2024 | finance.yahoo.com

Chuck Royce Bolsters Position in Ingles Markets Inc

January 23, 2024 | wsj.com

Ingles Markets Inc. Cl A

January 4, 2024 | seekingalpha.com

Ingles Markets: Store Renovation And Undervalued Supermarket Business

January 3, 2024 | seekingalpha.com

Ingles Markets: Still Low-Risk And Cheap

December 1, 2023 | finance.yahoo.com

A Look At The Fair Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A)

November 29, 2023 | msn.com

Ingles Markets GAAP EPS of $2.77, revenue of $1.58B

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
Ex-Dividend for 4/18 Dividend: 4/10/2024
Today: 4/16/2024
Dividend Payable: 4/18/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Grocery stores
Sub-Industry: Food Retail
Current Symbol: NASDAQ:IMKTA
CUSIP: 45703010
CIK: 50493
Web: www.ingles-markets.com
Phone: (828) 669-2941
Fax: 82-8-6693-678x
Employees: 26,420
Year Founded: 1963

Profitability

EPS (Most Recent Fiscal Year): $9.72
Trailing P/E Ratio: 7.55
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $210.81 million
Net Margins: 3.14%
Pretax Margin: 4.15%
Return on Equity: 12.92%
Return on Assets: 7.64%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 3.22
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: $5.89 billion
Price / Sales: 0.24
Cash Flow: $17.30 per share
Price / Cash Flow: 4.24
Book Value: $76.81 per share
Price / Book: 0.95

Miscellaneous

Outstanding Shares: 18,990,000
Free Float: 14,606,000
Market Cap: $1.39 billion
Optionable: Optionable
Beta: 0.60

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Key Executives

Mr. James W. Lanning (Age 65)
CEO, President & Director
Comp: $3.29M
Ms. Patricia E. Jackson CPA (Age 58)
CFO, VP of Finance, Secretary & Director
Comp: $745.6k
Mr. Michael David Hogan (Age 41)
President of Milkco
Comp: $438.97k
Ms. Cynthia L. Brooks (Age 61)
Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 15.1% and is now trading at $73.34.
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 EPS for the quarter. The company 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 Monday, April 1st. Stockholders 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 dividend on an annualized basis and a yield of 0.90%. 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 ETFs hold Ingles Markets' stock?: ETFs with the largest weight of Ingles Markets (NASDAQ:IMKTA) stock in their portfolio include Hartford Multifactor Small Cap ETF (ROSC).First Trust Small Cap Value AlphaDEX Fund (FYT).
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 many different institutional and retail investors. Top institutional investors include 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 4/16/2024 by MarketBeat.com Staff

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Ingles Markets (IMKTA) Stock Price, News & Analysis

Ingles Markets MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ingles Markets Stock (NASDAQ:IMKTA)

IMKTA Stock Price History

IMKTA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

IMKTA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™