SpartanNash (SPTN) Stock Price, News & Analysis

Company Overview

SpartanNash operates as a food distributor and retailer providing integrated supply chain solutions to grocery stores, the U.S. military and related entities. Through a network of distribution centers, the company delivers fresh, frozen and shelf-stable products, as well as health and beauty items, to independent and chain supermarkets across the United States. SpartanNash also owns and operates grocery retail banners—such as Family Fare and Dan’s Supermarkets—offering pharmacy, fuel and in-store services to local communities.

The company was formed in 2013 by the merger of Spartan Stores, founded in 1917, and Nash Finch Company, which traced its origins to the late 19th century. This combination united two legacy businesses with complementary strengths in wholesale distribution and retail management, enabling SpartanNash to enhance procurement scale, logistics capabilities and merchandising expertise.

SpartanNash’s distribution footprint spans numerous states throughout the Midwest and beyond, supported by strategically located warehouses and transportation assets. In addition to servicing conventional grocery customers, the company maintains a longstanding partnership with the Defense Commissary Agency, supplying commissaries and exchanges on U.S. military installations worldwide and supporting specialty and seasonal programs for its retail clients.

Headquartered in Byron Center, Michigan, SpartanNash is led by President and Chief Executive Officer Tony Sarsam, who has focused on driving digital initiatives, expanding private-label offerings and strengthening retailer partnerships. Under his leadership, the company continues to invest in technology and supply chain innovation to support long-term growth.

Key Stats

• Today's Range: $26.27 to $26.48
• 50-Day Range: $26.29 to $26.86
• 52-Week Range: $17.30 to $26.89
• Volume: 1.38 million shs
• Average Volume: 543,354 shs
• Market Capitalization: $895.88 million
• P/E Ratio: N/A
• Dividend Yield: 3.33%
• Price Target: $18.45
• Consensus Rating: Hold

SpartanNash Stock Analysis - MarketRank™

SpartanNash scored higher than 54% of companies evaluated by MarketBeat, and ranked 142nd out of 220 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

SpartanNash has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Downside Risk

SpartanNash has a consensus price target of $18.45, representing about 30.3% downside from its current price of $26.46.

Amount of Analyst Coverage

SpartanNash has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 0.56%

Earnings Growth

Earnings for SpartanNash are expected to grow by 0.56% in the coming year, from $1.79 to $1.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SpartanNash is -55.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SpartanNash is -55.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SpartanNash has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.92% of the float of SpartanNash has been sold short.

Short Interest Ratio / Days to Cover

SpartanNash has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in SpartanNash has recently increased by 9.97%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

SpartanNash pays a meaningful dividend of 3.35%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

SpartanNash has been increasing its dividend for 15 years.

Dividend Sustainability

Based on earnings estimates, SpartanNash will have a dividend payout ratio of 48.89% next year. This indicates that SpartanNash will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -3.11

Percentage of Shares Shorted

11.92% of the float of SpartanNash has been sold short.

Short Interest Ratio / Days to Cover

SpartanNash has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in SpartanNash has recently increased by 9.97%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.58

News Sentiment

SpartanNash has a news sentiment score of 1.58. 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 0.79 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for SpartanNash this week, compared to 5 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SpartanNash insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.40% of the stock of SpartanNash is held by insiders.

Percentage Held by Institutions

84.59% of the stock of SpartanNash is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPTN Stock Analysis - Frequently Asked Questions

How have SPTN shares performed this year?

SpartanNash's stock was trading at $18.32 at the start of the year. Since then, SPTN stock has increased by 44.4% and is now trading at $26.46.

How were SpartanNash's earnings last quarter?

SpartanNash Company (NASDAQ:SPTN) posted its quarterly earnings results on Thursday, August, 14th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.04. The company's revenue for the quarter was up 1.8% compared to the same quarter last year.

Does SpartanNash have any subsidiaries?

SpartanNash subsidiaries include these companies: Martin's Super Markets LLC, Blue Ribbon Transport, Caito Foods Service, BRT SpartanNash LLC, Caito Foods LLC, Erickson’s Diversified Corporation, Family Fare LLC, and more.

Who are SpartanNash's major shareholders?

Top institutional shareholders of SpartanNash include Invesco Ltd. (4.47%), American Century Companies Inc. (3.78%), LSV Asset Management (3.23%) and Magnetar Financial LLC (3.15%).
View institutional ownership trends.

How do I buy shares of SpartanNash?

Shares of SPTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of SpartanNash own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SpartanNash investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), AU Optronics (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Record date for 6/30 Dividend: 6/13/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Dividend Payable: 6/30/2025
• Last Earnings: 8/14/2025
• Record date for 9/30 Dividend: 9/15/2025
• Ex-Dividend for 9/30 Dividend: 9/15/2025
• Today: 9/18/2025
• Dividend Payable: 9/30/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: FOOD ITEMS - WHLE
• Sub-Industry: Food Distributors
• Current Symbol: NASDAQ:SPTN
• CIK: 877422
• Web: www.spartanstores.com
• Phone: (616) 878-2000
• Fax: 301-986-6079
• Employees: 19,000
• Year Founded: 2012

Price Target and Rating

• Average Price Target for SpartanNash: $18.45
• High Price Target: $26.90
• Low Price Target: $10.00
• Potential Upside/Downside: -30.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.48)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.78
• P/E Growth: N/A
• Net Income: $300 thousand
• Net Margins: -0.16%
• Pretax Margin: -0.14%
• Return on Equity: 8.19%
• Return on Assets: 2.41%

Debt

• Debt-to-Equity Ratio: 0.96
• Current Ratio: 1.57
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $9.69 billion
• Price / Sales: 0.09
• Cash Flow: $5.11 per share
• Price / Cash Flow: 5.18
• Book Value: $22.03 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 33,858,000
• Free Float: 33,384,000
• Market Cap: $895.88 million
• Optionable: Optionable
• Beta: 0.50