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NASDAQ:IMKTAIngles Markets Stock Price, Forecast & News

$42.46
-1.31 (-2.99 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$42.10
Now: $42.46
$43.56
50-Day Range
$35.28
MA: $40.81
$44.46
52-Week Range
$29.17
Now: $42.46
$49.14
Volume100,100 shs
Average Volume111,605 shs
Market Capitalization$860.20 million
P/E Ratio8.39
Dividend Yield1.55%
Beta0.65
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 September 30, 2018, it operated 190 supermarkets under the Ingles name; and 10 supermarkets under the Sav-Mor name in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 108 pharmacies and 102 fuel stations. 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 Black Mountain, North Carolina.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.83 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.20 billion
Cash Flow$9.29 per share
Book Value$32.71 per share

Profitability

Net Income$81.58 million

Miscellaneous

Employees27,000
Market Cap$860.20 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Ingles Markets (NASDAQ:IMKTA) Frequently Asked Questions

How has Ingles Markets' stock been impacted by COVID-19 (Coronavirus)?

Ingles Markets' stock was trading at $37.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IMKTA stock has increased by 11.9% and is now trading at $42.46. View which stocks have been most impacted by Coronavirus.

When is Ingles Markets' next earnings date?

Ingles Markets is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Ingles Markets.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) released its earnings results on Wednesday, May, 8th. The company reported $0.74 earnings per share for the quarter. The company had revenue of $1 billion for the quarter. Ingles Markets had a net margin of 2.35% and a return on equity of 15.21%. 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 Monday, March 30th. Shareholders of record on Thursday, April 9th will be paid a dividend of $0.165 per share on Thursday, April 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Wednesday, April 8th. View Ingles Markets' dividend history.

Has Ingles Markets been receiving favorable news coverage?

News articles about IMKTA stock have trended extremely negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ingles Markets earned a news impact score of -4.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View the latest news aboutIngles Markets.

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 60)
  • Mr. Ronald B. Freeman, CFO, VP of Fin. & Director (Age 62)
  • 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.19%), Gabelli Funds LLC (4.12%), Janus Henderson Group PLC (3.22%), State Street Corp (1.83%), Geode Capital Management LLC (1.43%) and Russell Investments Group Ltd. (0.97%). Company insiders that own Ingles Markets stock include Ernest E Ferguson and Sharp Laura Ingle. View institutional ownership trends for Ingles Markets.

Which institutional investors are selling Ingles Markets stock?

IMKTA stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Gabelli Funds LLC, AJO LP, Teton Advisors Inc., BlackRock Inc., State Street Corp, Two Sigma Advisers LP, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Ingles Markets.

Which institutional investors are buying Ingles Markets stock?

IMKTA stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Russell Investments Group Ltd., Matarin Capital Management LLC, Hussman Strategic Advisors Inc., Maverick Capital Ltd., Maverick Capital Ltd., Ziegler Capital Management LLC, and Martingale Asset Management L P. 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 $42.46.

How big of a company is Ingles Markets?

Ingles Markets has a market capitalization of $860.20 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 27,000 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 6/6/2020 by MarketBeat.com Staff

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