NASDAQ:IMKTA - Ingles Markets Stock Price, Forecast & News

Ingles Markets trades on the NASDAQ under the ticker symbol "IMKTA."

Ingles Markets declared a quarterly dividend on Tuesday, December 31st. Stockholders of record on Thursday, January 9th will be given a dividend of $0.165 per share on Thursday, January 16th. This represents a $0.66 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Wednesday, January 8th. View Ingles Markets' Dividend History.

Ingles Markets, Incorporated (NASDAQ:IMKTA) released its earnings results on Tuesday, December, 10th. The company reported $1.04 earnings per share for the quarter. The firm had revenue of $1.08 billion for the quarter. Ingles Markets had a net margin of 1.83% and a return on equity of 11.80%. View Ingles Markets' Earnings History.

Ingles Markets is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Ingles Markets.

News stories about IMKTA stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ingles Markets earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Ingles Markets.

Ingles Markets saw a drop in short interest in January. As of January 15th, there was short interest totalling 1,300,000 shares, a drop of 5.1% from the December 31st total of 1,370,000 shares. Based on an average trading volume of 77,900 shares, the days-to-cover ratio is currently 16.7 days. Approximately 9.2% of the company's shares are sold short. View Ingles Markets' Current Options Chain.

Some companies that are related to Ingles Markets include Kroger (KR), Casey's General Stores (CASY), Weis Markets (WMK), Village Super Market (VLGEA) and Natural Grocers by Vitamin Cottage (NGVC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingles Markets investors own include Koninklijke Philips (PHG), SpartanNash (SPTN), Netflix (NFLX), AT&T (T), Clean Energy Fuels (CLNE), Corbus Pharmaceuticals (CRBP), Blackstone Group (BX), Centene (CNC), General Electric (GE) and General Motors (GM).

Ingles Markets' stock is owned by a number of of retail and institutional investors. Top institutional investors include LSV Asset Management (4.31%), Gabelli Funds LLC (4.28%), River Road Asset Management LLC (4.28%), Janus Henderson Group PLC (2.15%), State Street Corp (1.93%) and Geode Capital Management LLC (1.40%). Company insiders that own Ingles Markets stock include Ernest E Ferguson and Sharp Laura Ingle. View Institutional Ownership Trends for Ingles Markets.

IMKTA stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, River Road Asset Management LLC, Oxford Asset Management LLP, Raymond James & Associates, Bank of New York Mellon Corp, Bowling Portfolio Management LLC, Prudential Financial Inc. and Gabelli Funds LLC. View Insider Buying and Selling for Ingles Markets.

IMKTA stock was purchased by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Mackay Shields LLC, AQR Capital Management LLC, Bessemer Group Inc., Barclays PLC, Goldman Sachs Group Inc., Panagora Asset Management Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for 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.

One share of IMKTA stock can currently be purchased for approximately $33.41.

Ingles Markets has a market capitalization of $676.89 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.View Additional Information About Ingles Markets.

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

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]