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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Famous Wall Street Crash System Flashes RED (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Famous Wall Street Crash System Flashes RED (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Famous Wall Street Crash System Flashes RED (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Famous Wall Street Crash System Flashes RED (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Famous Wall Street Crash System Flashes RED (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Famous Wall Street Crash System Flashes RED (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Famous Wall Street Crash System Flashes RED (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Famous Wall Street Crash System Flashes RED (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Famous Wall Street Crash System Flashes RED (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:IMKTA

Ingles Markets (IMKTA) Stock Forecast, Price & News

$80.27
-2.18 (-2.64%)
(As of 05/31/2023 ET)
Compare
Today's Range
$80.00
$82.77
50-Day Range
$80.27
$94.18
52-Week Range
$78.32
$102.99
Volume
132,739 shs
Average Volume
80,345 shs
Market Capitalization
$1.52 billion
P/E Ratio
6.16
Dividend Yield
0.82%
Price Target
N/A

Ingles Markets MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.77% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.05
Upright™ Environmental Score
News Sentiment
1.41mentions of Ingles Markets in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$92,485 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.

2.38 out of 5 stars

Retail/Wholesale Sector

77th out of 213 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

Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
IMKTA Ingles Markets, Incorporated
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin
$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.
Ingles Markets Is Earning More Than What Is Normal
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
See More Headlines
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IMKTA Company Calendar

Last Earnings
5/08/2019
Ex-Dividend for 4/13 Dividend
4/05/2023
Dividend Payable
4/13/2023
Today
5/31/2023
Next Earnings (Estimated)
8/03/2023
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
5.70%

Debt

Sales & Book Value

Annual Sales
$5.78 billion
Cash Flow
$20.22 per share
Book Value
$71.61 per share

Miscellaneous

Free Float
12,935,000
Market Cap
$1.52 billion
Optionable
Optionable
Beta
0.66

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 16.8% and is now trading at $80.27.
View the best growth stocks for 2023 here
.

Are investors shorting Ingles Markets?

Ingles Markets saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 336,900 shares, a decrease of 6.9% from the April 30th total of 362,000 shares. Based on an average trading volume of 82,100 shares, the short-interest ratio is presently 4.1 days.
View Ingles Markets' Short Interest
.

When is Ingles Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our IMKTA earnings forecast
.

How were Ingles Markets' earnings last quarter?

Ingles Markets, Incorporated (NASDAQ:IMKTA) announced its quarterly earnings results on Wednesday, May, 8th. The company reported $0.74 EPS for the quarter. The firm earned $1 billion during the quarter. Ingles Markets had a net margin of 4.28% and a trailing twelve-month return on equity of 19.31%.

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

Ingles Markets announced a quarterly dividend on Monday, March 27th. Shareholders of record on Thursday, April 6th will be paid a dividend of $0.165 per share on Thursday, April 13th. This represents a $0.66 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date is Wednesday, April 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 0.81%. The dividend payout ratio is 5.06%. 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 a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.37%), BlackRock Inc. (5.80%), River Road Asset Management LLC (4.11%), Royce & Associates LP (3.64%), LSV Asset Management (3.05%) and Gamco Investors INC. ET AL (2.81%). 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 $80.27.

How much money does Ingles Markets make?

Ingles Markets (NASDAQ:IMKTA) has a market capitalization of $1.52 billion and generates $5.78 billion in revenue each year. The company earns $272.76 million in net income (profit) each year or $13.04 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 6/1/2023 by MarketBeat.com Staff

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