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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Sprinklr Gets Targets Raised By Analysts, Here's Why
Time To Buy Uranium? Cameco Is The Top Pick
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Sprinklr Gets Targets Raised By Analysts, Here's Why
Time To Buy Uranium? Cameco Is The Top Pick
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Sprinklr Gets Targets Raised By Analysts, Here's Why
Time To Buy Uranium? Cameco Is The Top Pick
NASDAQ:SPTN

SpartanNash (SPTN) Stock Forecast, Price & News

$22.65
-0.27 (-1.18%)
(As of 06/7/2023 ET)
Compare
Today's Range
$22.34
$22.75
50-Day Range
$21.34
$25.32
52-Week Range
$20.61
$37.75
Volume
447,539 shs
Average Volume
280,621 shs
Market Capitalization
$795.47 million
P/E Ratio
30.61
Dividend Yield
3.80%
Price Target
$30.50

SpartanNash MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
17.0% Upside
$26.50 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.64
Upright™ Environmental Score
News Sentiment
0.29mentions of SpartanNash in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.49%
From $2.27 to $2.44 Per Share

Overall MarketRank

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

2.57 out of 5 stars

Retail/Wholesale Sector

34th out of 200 stocks

Groceries, General Line Industry

3rd out of 4 stocks


SPTN stock logo

About SpartanNash (NASDAQ:SPTN) Stock

SpartanNash Co. engages in the distribution of grocery products to military commissaries in the U.S. It operates through the following segments: Military, Food Distribution and Retail. The Military segment sells and distributes grocery products primarily to U.S. military commissaries and exchanges. The Food Distribution segment distributes groceries to independent and corporate owned grocery retailers using multi-platform sales approach. The Retail segment operates retail supermarkets in the Midwest, which operate under banners of Family Fare Supermarkets, No Frills, Bag 'N Save, Family Fresh Markets, D&W Fresh Markets, Sun Mart, and Econo Foods. The company was founded in 1917 and is headquartered in Grand Rapids, MI.

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SPTN Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
SpartanNash (NASDAQ:SPTN) Issues FY 2023 Earnings Guidance
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
SpartanNash (NASDAQ:SPTN) Upgraded at StockNews.com
SpartanNash Co (SPTN) Gets a Hold from BTIG
SpartanNash (NASDAQ:SPTN) Sets New 1-Year Low at $22.86
SpartanNash: Q1 Earnings Insights
Why SpartanNash Stock Is Falling After Q1 Earnings
SpartanNash Announces First Quarter Fiscal 2023 Results
SpartanNash Q1 Profit Falls; Backs Full Year Outlook
SpartanNash (NASDAQ:SPTN) Releases FY23 Earnings Guidance
SpartanNash Q1 2023 Earnings Preview
SpartanNash's Earnings Outlook
SpartanNash (SPTN) Scheduled to Post Earnings on Thursday
See More Headlines

SPTN Price History

SPTN Company Calendar

Ex-Dividend for 3/31 Dividend
3/16/2023
Dividend Payable
3/31/2023
Last Earnings
6/01/2023
Today
6/08/2023
Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
8/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Groceries, general line
Sub-Industry
Food Distributors
Current Symbol
NASDAQ:SPTN
CUSIP
84682210
Employees
17,500
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$26.50
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+34.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$34.52 million
Pretax Margin
0.37%

Debt

Sales & Book Value

Annual Sales
$9.64 billion
Cash Flow
$5.14 per share
Book Value
$21.72 per share

Miscellaneous

Free Float
34,523,000
Market Cap
$795.47 million
Optionable
Optionable
Beta
0.68

Social Links


Key Executives

  • Tony Bashir Sarsam
    President, Chief Executive Officer & Director
  • Jason Monaco
    Chief Financial Officer & Executive Vice President
  • Masiar Tayebi
    EVP, Chief Strategy & Information Officer
  • David W. Sisk
    Chief Customer Officer & Executive Vice President
  • Thomas E. Swanson
    Executive VP & General Manager-Corporate Retail













SPTN Stock - Frequently Asked Questions

Should I buy or sell SpartanNash stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SPTN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPTN, but not buy additional shares or sell existing shares.
View SPTN analyst ratings
or view top-rated stocks.

What is SpartanNash's stock price forecast for 2023?

3 brokers have issued twelve-month target prices for SpartanNash's shares. Their SPTN share price forecasts range from $23.00 to $30.00. On average, they anticipate the company's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
View analysts price targets for SPTN
or view top-rated stocks among Wall Street analysts.

How have SPTN shares performed in 2023?

SpartanNash's stock was trading at $30.24 at the start of the year. Since then, SPTN shares have decreased by 25.1% and is now trading at $22.65.
View the best growth stocks for 2023 here
.

When is SpartanNash's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 17th 2023.
View our SPTN earnings forecast
.

How were SpartanNash's earnings last quarter?

SpartanNash (NASDAQ:SPTN) released its quarterly earnings data on Thursday, June, 1st. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.95 billion. SpartanNash had a net margin of 0.27% and a trailing twelve-month return on equity of 9.97%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.83 earnings per share.

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

SpartanNash announced a quarterly dividend on Wednesday, May 31st. Stockholders of record on Thursday, June 15th will be given a dividend of $0.215 per share on Friday, June 30th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Wednesday, June 14th.
Read our dividend analysis for SPTN
.

Is SpartanNash a good dividend stock?

SpartanNash (NASDAQ:SPTN) pays an annual dividend of $0.86 per share and currently has a dividend yield of 3.84%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 116.22%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SPTN will have a dividend payout ratio of 35.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPTN.

What guidance has SpartanNash issued on next quarter's earnings?

SpartanNash updated its FY 2023 earnings guidance on Sunday, June, 4th. The company provided EPS guidance of $2.20-$2.35 for the period, compared to the consensus EPS estimate of $2.21. The company issued revenue guidance of $9.90 billion-$10.20 billion, compared to the consensus revenue estimate of $10.04 billion.

What is Tony Sarsam's approval rating as SpartanNash's CEO?

5 employees have rated SpartanNash Chief Executive Officer Tony Sarsam on Glassdoor.com. Tony Sarsam has an approval rating of 81% among the company's employees.

What other stocks do shareholders of SpartanNash own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SpartanNash investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), AbbVie (ABBV), Crown Castle (CCI), NVIDIA (NVDA), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Verizon Communications (VZ), Enbridge (ENB) and Energy Transfer (ET).

What is SpartanNash's stock symbol?

SpartanNash trades on the NASDAQ under the ticker symbol "SPTN."

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.69%), Dimensional Fund Advisors LP (8.32%), State Street Corp (4.18%), Renaissance Technologies LLC (3.00%), JPMorgan Chase & Co. (2.75%) and LSV Asset Management (2.56%). Insiders that own company stock include Bing Xue, Frank Gambino, Hawthorne L Proctor, Kathleen M Mahoney, M Shan Atkins, Matthew Mannelly, William R Voss and Yvonne R Jackson.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SpartanNash's stock price today?

One share of SPTN stock can currently be purchased for approximately $22.65.

How much money does SpartanNash make?

SpartanNash (NASDAQ:SPTN) has a market capitalization of $795.47 million and generates $9.64 billion in revenue each year. The company earns $34.52 million in net income (profit) each year or $0.74 on an earnings per share basis.

How many employees does SpartanNash have?

The company employs 17,500 workers across the globe.

Does SpartanNash have any subsidiaries?
The following companies are subsidiares of SpartanNash: BRT SpartanNash LLC, Blue Ribbon Transport, Caito Foods LLC, Caito Foods Service, Erickson’s Diversified Corporation, Family Fare LLC, Fresh City Market LLC, GTL Truck Lines Inc., Gruber’s Real Estate LLC, Hinky Dinky Supermarkets, MDV SpartanNash LLC, MSM Holdco LLC, Market Development LLC, Martin's Super Markets LLC, Martin's Super Markets of Elkhart East LLC, Martin's Super Markets of Elkhart LLC, Martin's Super Markets of Logansport LLC, Martin's Super Markets of Nappanee LLC, Martin's Super Markets of Niles LLC, Martin's Super Markets of St Joseph LLC, Martin's Super Markets of Stevensville LLC, Nash-Finch Company, Pique Brands Inc., Prevo’s Family Markets Inc., Seaway Food Town Inc., Spartan Properties Management Inc., Spartan Stores Distribution LLC, Spartan Stores Fuel LLC, SpartanNash Associates LLC, SpartanNash Procurement LLC, Super Food Services Inc., U Save Foods Inc., and Valley Farm Distributing Co..
Read More
How can I contact SpartanNash?

SpartanNash's mailing address is 850 76TH ST SW, GRAND RAPIDS MI, 49518. The official website for the company is www.spartanstores.com. The company can be reached via phone at (616) 878-2000, via email at katie.turner@icrinc.com, or via fax at 301-986-6079.

This page (NASDAQ:SPTN) was last updated on 6/8/2023 by MarketBeat.com Staff

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