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NASDAQ:IMKTA

Ingles Markets Stock Forecast, Price & News

$37.67
-0.29 (-0.76 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$37.11
Now: $37.67
$37.99
50-Day Range
$35.42
MA: $37.32
$39.16
52-Week Range
$32.21
Now: $37.67
$49.14
Volume31,026 shs
Average Volume107,668 shs
Market Capitalization$763.19 million
P/E Ratio5.38
Dividend Yield1.74%
Beta0.69
Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. Its supermarkets offer various food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, such as fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as organic, beverage, and health-related items. As of December 28, 2019, it operated 198 supermarkets, including 73 in North Carolina, 66 in Georgia, 36 in South Carolina, 21 in Tennessee, 1 in Virginia, and 1 in Alabama; and 108 in-store pharmacies and 104 fuel centers. The company operates its supermarkets under the Ingles and Sav-Mor brand names. In addition, it is involved in the fluid dairy operation and shopping center rental businesses. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.38 out of 5 stars


Industry, Sector and Symbol

Industry Grocery stores
Sub-IndustryFood Retail
Current SymbolNASDAQ:IMKTA
CUSIP45703010
Phone82-8-6692-941x
Employees10,260

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.20 billion
Cash Flow$9.97 per share
Book Value$32.71 per share

Profitability

Net Income$81.58 million

Miscellaneous

Market Cap$763.19 million
Next Earnings Date12/8/2020 (Estimated)
OptionableOptionable
$37.67
-0.29 (-0.76 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ingles Markets (NASDAQ:IMKTA) Frequently Asked Questions

How has Ingles Markets' stock been impacted by Coronavirus?

Ingles Markets' stock was trading at $37.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IMKTA stock has decreased by 0.7% and is now trading at $37.67.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than Ingles Markets?

Wall Street analysts have given Ingles Markets a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ingles Markets wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ingles Markets' next earnings date?

Ingles Markets is scheduled to release its next quarterly earnings announcement on Tuesday, December 8th 2020.
View our earnings forecast for Ingles Markets
.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) posted its quarterly earnings data on Wednesday, May, 8th. The company reported $0.74 earnings per share (EPS) for the quarter. The business earned $1 billion during the quarter. Ingles Markets had a net margin of 3.16% and a return on equity of 20.15%.
View Ingles Markets' earnings history
.

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

Ingles Markets declared a quarterly dividend on Tuesday, September 29th. Investors of record on Thursday, October 8th will be given a dividend of $0.165 per share on Thursday, October 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Wednesday, October 7th.
View Ingles Markets' dividend history
.

Who are some of Ingles Markets' key competitors?

Who are Ingles Markets' key executives?

Ingles Markets' management team includes the following people:
  • Mr. James W. Lanning, CEO, Pres, COO & Director (Age 61, Pay $1.24M)
  • Mr. Ronald B. Freeman, CFO, VP of Fin. & Director (Age 63, Pay $484.53k)
  • Pat Jackson CPA, Sec. & Controller

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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.57%), Gamco Investors INC. ET AL (4.98%), Gabelli Funds LLC (3.83%), LSV Asset Management (3.75%), State Street Corp (1.93%) and Charles Schwab Investment Management Inc. (1.13%).
View institutional ownership trends for Ingles Markets
.

Which major investors are selling Ingles Markets stock?

IMKTA stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, O Shaughnessy Asset Management LLC, FCA Corp TX, LSV Asset Management, Bowling Portfolio Management LLC, Charles Schwab Investment Management Inc., Gamco Investors INC. ET AL, and Connor Clark & Lunn Investment Management Ltd..
View insider buying and selling activity for Ingles Markets
.

Which major investors are buying Ingles Markets stock?

IMKTA stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, BlackRock Inc., Teacher Retirement System of Texas, Vestcor Inc, Acadian Asset Management LLC, Adirondack Research & Management Inc., Sei Investments Co., and WINTON GROUP Ltd.
View insider buying and selling activity for Ingles Markets
.

How do I buy shares of 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.

What is Ingles Markets' stock price today?

One share of IMKTA stock can currently be purchased for approximately $37.67.

How big of a company is Ingles Markets?

Ingles Markets has a market capitalization of $763.19 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 10,260 workers across the globe.

What is Ingles Markets' official website?

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

How can I contact Ingles Markets?

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]

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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