Positive News Sentiment NASDAQ:IMKTA Ingles Markets - IMKTA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ingles Markets, Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. $88.70 +1.35 (+1.55%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$87.03▼$89.0850-Day Range$87.35▼$96.9652-Week Range$78.32▼$102.99Volume118,650 shsAverage Volume87,048 shsMarket Capitalization$1.68 billionP/E Ratio6.11Dividend Yield0.74%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ingles Markets MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish1.87% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.05Upright™ Environmental ScoreNews Sentiment1.56Based on 2 Articles This WeekInsider TradingSelling Shares$92,485 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsRetail/Wholesale Sector123rd out of 213 stocksGrocery Stores Industry7th out of 11 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Ingles Markets. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.87% of the outstanding shares of Ingles Markets have been sold short.Short Interest Ratio / Days to CoverIngles Markets has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Ingles Markets has recently increased by 4.67%, indicating that investor sentiment is decreasing. Previous Next 0.8 Dividend Strength Dividend YieldIngles Markets has a dividend yield of 0.74%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthIngles Markets does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ingles Markets is 4.55%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIngles 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 SustainabilityThe Environmental Impact score for Ingles Markets is -2.05. Previous Next 3.1 News and Social Media Coverage News SentimentIngles Markets has a news sentiment score of 1.56. 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 higher news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ingles Markets this week, compared to 1 article on an average week.Search InterestOnly 8 people have searched for IMKTA on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ingles Markets to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn 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 $92,485.00 in company stock.Percentage Held by Insiders31.90% 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 Institutions62.82% of the stock of Ingles Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ingles Markets is 6.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Ingles Markets is 6.11, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.79.Price to Book Value per Share RatioIngles Markets has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ingles Markets (NASDAQ:IMKTA) StockIngles 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.Read More Receive IMKTA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ingles Markets and its competitors with MarketBeat's FREE daily newsletter. Email Address IMKTA Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comThe Return Trends At Ingles Markets (NASDAQ:IMKT.A) Look PromisingMarch 4, 2023 | finance.yahoo.comCalculating The Fair Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A)April 1, 2023 | Vantage Point (Ad)Did You See These Trend Reversals?Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. February 18, 2023 | finance.yahoo.comIngles Markets, Incorporated (NASDAQ:IMKT.A) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?February 4, 2023 | finance.yahoo.comIngles Markets First Quarter 2023 Earnings: EPS: US$3.65 (vs US$3.49 in 1Q 2022)February 2, 2023 | msn.comIngles Markets GAAP EPS of $3.65, revenue of $1.49BFebruary 2, 2023 | finance.yahoo.comIngles Markets, Incorporated Reports Results for First Quarter Fiscal 2023January 25, 2023 | seekingalpha.comIngles Markets Is Earning More Than What Is NormalApril 1, 2023 | Vantage Point (Ad)Did You See These Trend Reversals?Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. January 23, 2023 | nasdaq.comRoyce & Associates Lp Cuts Stake in Ingles Markets, Incorporated (IMKTA)January 18, 2023 | msn.comWinners and losers from the retail sales reportJanuary 15, 2023 | reuters.comIMKTA.OQ - | Stock Price & Latest News | ReutersJanuary 8, 2023 | seekingalpha.comIngles Markets Still Has Room To RunJanuary 5, 2023 | stocknews.comIf You Could Only Buy 1 Stock Right Now, This Should Be ItJanuary 2, 2023 | msn.comIngles Markets's Ex-Dividend Date Is Thursday, Here's What You Need To KnowDecember 21, 2022 | finance.yahoo.comIngles Markets (NASDAQ:IMKT.A) shareholders have earned a 25% CAGR over the last five yearsDecember 20, 2022 | stocknews.comThe 2 Top Small-Cap Stocks to Buy for 2023December 16, 2022 | stocknews.com1 Grocery Store Stock to Buy After Q3 Sales Top EstimatesNovember 23, 2022 | stocknews.comThe Best Retail Stock to Buy Ahead of Black FridayNovember 23, 2022 | finance.yahoo.comIngles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2022November 13, 2022 | finance.yahoo.comHere's Why Ingles Markets (NASDAQ:IMKT.A) Has Caught The Eye Of InvestorsNovember 10, 2022 | msn.comIngles Markets buys old Boones Creek Middle School property for $2MNovember 5, 2022 | reuters.comIngles Markets IncOctober 28, 2022 | msn.comIngles Markets project in South Asheville put on holdOctober 27, 2022 | seekingalpha.comIngles Markets: Still Drastically UndervaluedOctober 26, 2022 | stocknews.com1 Stock That’s a No-Brainer Buy This FallOctober 21, 2022 | stocknews.com3 Recession-Proof Stocks to Buy in OctoberSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IMKTA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ingles Markets and its competitors with MarketBeat's FREE daily newsletter. Email Address IMKTA Company Calendar Last Earnings5/08/2019Ex-Dividend for 1/12 Dividend1/05/2023Dividend Payable1/12/2023Today3/31/2023Ex-Dividend for 4/13 Dividend4/05/2023Dividend Payable4/13/2023Next Earnings (Estimated)5/04/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Grocery stores Sub-IndustryFood Retail SectorRetail/Wholesale Current SymbolNASDAQ:IMKTA CUSIP45703010 CIK50493 Webwww.ingles-markets.com Phone(828) 669-2941Fax82-8-6693-678xEmployees26,000Year Founded1963Profitability EPS (Most Recent Fiscal Year)$14.52 Trailing P/E Ratio6.11 Forward P/E RatioN/A P/E GrowthN/ANet Income$272.76 million Net Margins4.77% Pretax Margin6.34% Return on Equity22.55% Return on Assets12.29% Debt Debt-to-Equity Ratio0.41 Current Ratio2.67 Quick Ratio1.22 Sales & Book Value Annual Sales$5.68 billion Price / Sales0.30 Cash Flow$20.58 per share Price / Cash Flow4.31 Book Value$66.31 per share Price / Book1.34Miscellaneous Outstanding Shares18,990,000Free Float12,935,000Market Cap$1.68 billion OptionableOptionable Beta0.65 Social Links Key ExecutivesJames W. LanningPresident, CEO, COO & DirectorPatricia E. JacksonChief Financial Officer & DirectorW. Randolph JamesonVice President-DistributionMary ThompsonReal Estate ManagerCatherine L. PhillipsSecretary & ControllerKey CompetitorsWeis MarketsNYSE:WMKCompanhia Brasileira De DistribuicaoNYSE:CBDSprouts Farmers MarketNASDAQ:SFMSovos BrandsNASDAQ:SOVOQurate RetailNASDAQ:QRTEBView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 228 shares on 3/23/2023Ownership: 0.040%Sharp Laura IngleSold 500 sharesTotal: $46,445.00 ($92.89/share)Sharp Laura IngleSold 500 sharesTotal: $46,040.00 ($92.08/share)Truist Financial CorpSold 400 shares on 2/17/2023Ownership: 0.021%DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am MainSold 13,400 shares on 2/16/2023Ownership: 1.957%View All Insider TransactionsView All Institutional Transactions IMKTA Stock - Frequently Asked Questions How have IMKTA shares performed in 2023? Ingles Markets' stock was trading at $96.46 at the beginning of 2023. Since then, IMKTA stock has decreased by 8.0% and is now trading at $88.70. 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) posted its earnings results on Wednesday, May, 8th. The company reported $0.74 EPS for the quarter. The company earned $1 billion during the quarter. Ingles Markets had a trailing twelve-month return on equity of 22.55% and a net margin of 4.77%. How often does Ingles Markets pay dividends? What is the dividend yield for Ingles Markets? Ingles Markets declared a quarterly dividend on Monday, March 27th. Stockholders of record on Thursday, April 6th will be given a dividend of $0.165 per share on Thursday, April 13th. This represents a $0.66 annualized dividend and a yield of 0.74%. The ex-dividend date is Wednesday, April 5th. 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 Invesco DWA Consumer Staples Momentum ETF (PSL), Newday Ocean Health ETF (AHOY), Cambria Value and Momentum ETF (VAMO), Hartford Multifactor Small Cap ETF (ROSC), Roundhill Acquirers Deep Value ETF (DEEP), SPDR S&P Retail ETF (XRT), First Trust Small Cap Value AlphaDEX Fund (FYT) and Direxion Daily Retail Bull 3X Shares (RETL). 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 0.74%. 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 shareholders include Dimensional Fund Advisors LP (6.30%), River Road Asset Management LLC (4.06%), LSV Asset Management (3.32%), Gamco Investors INC. ET AL (2.83%), Gamco Investors INC. ET AL (2.83%) and Gabelli Funds LLC (1.99%). 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 $88.70. How much money does Ingles Markets make? Ingles Markets (NASDAQ:IMKTA) has a market capitalization of $1.68 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 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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