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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Europe bans Russian diesel, other oil products over Ukraine
Route to Super Bowl dangerous for Mexico's avocado haulers
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Europe bans Russian diesel, other oil products over Ukraine
Route to Super Bowl dangerous for Mexico's avocado haulers
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Europe bans Russian diesel, other oil products over Ukraine
Route to Super Bowl dangerous for Mexico's avocado haulers
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
NASDAQ:IMKTA

Ingles Markets - IMKTA Stock Forecast, Price & News

$93.13
-1.21 (-1.28%)
(As of 02/3/2023 09:04 PM ET)
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Compare
Today's Range
$92.15
$94.39
50-Day Range
$92.22
$101.12
52-Week Range
$77.73
$102.99
Volume
125,300 shs
Average Volume
77,030 shs
Market Capitalization
$1.77 billion
P/E Ratio
6.41
Dividend Yield
0.71%
Price Target
N/A

Ingles Markets MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.59% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.05
Upright™ Environmental Score
News Sentiment
0.22mentions of Ingles Markets in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$201,420 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Retail/Wholesale Sector

88th out of 212 stocks

Grocery Stores Industry

7th out of 11 stocks

IMKTA stock logo

About Ingles Markets (NASDAQ:IMKTA) Stock

Ingles Markets, Inc. engages in the operation of a supermarket chain in Georgia, North Carolina, Tennessee, Virginia, and Alabama. It offers its products through the following categories: grocery, non-foods, perishables and other. The grocery products consist of groceries, dairy, and frozen foods. The non-foods products include alcoholic beverages, tobacco, pharmacy, health, beauty, and cosmetic products. The perishables products include meat, produce, deli, and bakery. The Others consists of fluid dairy operations and shopping center rentals. The company was founded by Robert P. Ingle in 1963 and is headquartered in Black Mountain, NC.

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IMKTA Stock News Headlines

Ingles Markets (NASDAQ:IMKTA) Shares Gap Down to $95.25
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Ingles Markets Is Earning More Than What Is Normal
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
IMKTA.OQ - | Stock Price & Latest News | Reuters
Ingles Markets Still Has Room To Run
The 2 Top Small-Cap Stocks to Buy for 2023
The Best Retail Stock to Buy Ahead of Black Friday
Ingles Markets Inc
Ingles Markets: Still Drastically Undervalued
1 Stock That’s a No-Brainer Buy This Fall
3 Recession-Proof Stocks to Buy in October
See More Headlines
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IMKTA Company Calendar

Last Earnings
11/23/2022
Ex-Dividend for 1/12 Dividend
1/05/2023
Dividend Payable
1/12/2023
Today
2/06/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
Food Retail
Current Symbol
NASDAQ:IMKTA
CUSIP
45703010
Employees
26,000
Year Founded
1963

Profitability

Net Income
$272.76 million
Pretax Margin
6.34%

Debt

Sales & Book Value

Annual Sales
$5.68 billion
Cash Flow
$20.56 per share
Book Value
$66.31 per share

Miscellaneous

Free Float
12,935,000
Market Cap
$1.77 billion
Optionable
Optionable
Beta
0.65

Social Links


Key Executives

  • James W. LanningJames W. Lanning
    President, CEO, COO & Director
  • Patricia E. Jackson
    Chief Financial Officer & Director
  • W. Randolph Jameson
    Vice President-Distribution
  • Mary Thompson
    Real Estate Manager
  • Catherine L. Phillips
    Secretary & Controller













IMKTA Stock - Frequently Asked Questions

How have IMKTA shares performed in 2023?

Ingles Markets' stock was trading at $96.46 on January 1st, 2023. Since then, IMKTA stock has decreased by 3.5% and is now trading at $93.13.
View the best growth stocks for 2023 here
.

When is Ingles Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our IMKTA earnings forecast
.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) issued its quarterly earnings results on Wednesday, November, 23rd. The company reported $3.69 earnings per share (EPS) for the quarter. The firm had revenue of $1.45 billion for the quarter. Ingles Markets had a net margin of 4.77% and a trailing twelve-month return on equity of 23.19%.

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

Ingles Markets announced a quarterly dividend on Tuesday, December 27th. Investors of record on Friday, January 6th will be given a dividend of $0.165 per share on Thursday, January 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, January 5th.
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 0.71%. The dividend payout ratio is 4.55%. 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 retail and institutional investors. Top institutional investors include River Road Asset Management LLC (4.06%), Hennessy Advisors Inc. (0.20%), New York State Common Retirement Fund (0.14%), James Investment Research Inc. (0.11%), Allspring Global Investments Holdings LLC (0.10%) and Janney Montgomery Scott LLC (0.07%). 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 $93.13.

How much money does Ingles Markets make?

Ingles Markets (NASDAQ:IMKTA) has a market capitalization of $1.77 billion and generates $5.68 billion in revenue each year. The company earns $272.76 million in net income (profit) each year or $14.52 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 2/6/2023 by MarketBeat.com Staff