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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars

SpartanNash Stock Price, News & Analysis (NASDAQ:SPTN)

$22.56
+0.39 (+1.76%)
(As of 12/1/2023 ET)
Compare
Today's Range
$22.14
$22.60
50-Day Range
$21.01
$23.55
52-Week Range
$20.51
$33.85
Volume
203,776 shs
Average Volume
305,283 shs
Market Capitalization
$781.03 million
P/E Ratio
18.49
Dividend Yield
3.81%
Price Target
$26.00

SpartanNash MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.2% Upside
$26.00 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.37
Upright™ Environmental Score
News Sentiment
0.76mentions of SpartanNash in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.52%
From $2.21 to $2.31 Per Share

Overall MarketRank

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

2.41 out of 5 stars

Retail/Wholesale Sector

71st out of 199 stocks

Groceries, General Line Industry

3rd out of 5 stocks


SPTN stock logo

About SpartanNash Stock (NASDAQ:SPTN)

SpartanNash Company distributes and retails grocery products. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Retail segment operates retail supermarkets, pharmacies, fuel centers, and convenience stores primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. It also distributes grocery products to military commissaries. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is based in Grand Rapids, Michigan.

SPTN Stock Price History

SPTN Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
SpartanNash CEO Tony Sarsam on winning grocery
SpartanNash: A Margin Expansion Play
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Why Grocery Store Retailer SpartanNash's Shares Are Plunging Today
SpartanNash Announces Third Quarter Fiscal 2023 Results
SpartanNash (NASDAQ: SPTN)
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
11/08/2023
Today
12/03/2023
Ex-Dividend for 12/29 Dividend
12/07/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

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 Target
$26.00
High Stock Price Target
$30.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+15.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$34.52 million
Pretax Margin
0.58%

Debt

Sales & Book Value

Annual Sales
$9.64 billion
Cash Flow
$5.07 per share
Book Value
$22.45 per share

Miscellaneous

Free Float
34,035,000
Market Cap
$781.03 million
Optionable
Optionable
Beta
0.61

Social Links

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Key Executives

  • Mr. Tony Bashir Sarsam (Age 61)
    President, CEO & Director
    Comp: $7.93M
  • Mr. Jason Monaco (Age 46)
    Executive VP & CFO
    Comp: $1.99M
  • Mr. Masiar Tayebi (Age 43)
    Executive VP, Chief Strategy Officer & Information Officer
    Comp: $1.29M
  • Mr. Thomas Edward Swanson (Age 62)
    Executive VP & GM of Corporate Retail
    Comp: $1.3M
  • Mr. Bennett Morgan
    Executive VP & Chief Merchandising Officer
  • Mr. R. Todd Riksen
    VP, Corporate Controller & Principal Accounting Officer
  • Kayleigh Campbell
    Head of Investor Relations
  • Ms. Ileana McAlary (Age 47)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Ms. Adrienne Chance
    Senior VP of Communications & Executive Director of SpartanNash Foundation
  • Mr. Bill Jacobs
    Vice President of Treasury & Corporate Development














SPTN Stock Analysis - Frequently Asked Questions

Should I buy or sell SpartanNash stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?

2 brokers have issued 12 month price objectives for SpartanNash's shares. Their SPTN share price targets range from $22.00 to $30.00. On average, they expect the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 15.2% 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 beginning of 2023. Since then, SPTN stock has decreased by 25.4% and is now trading at $22.56.
View the best growth stocks for 2023 here
.

Are investors shorting SpartanNash?

SpartanNash saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 743,700 shares, an increase of 88.4% from the October 31st total of 394,700 shares. Based on an average daily volume of 243,300 shares, the short-interest ratio is currently 3.1 days. Approximately 2.2% of the shares of the company are short sold.
View SpartanNash's Short Interest
.

When is SpartanNash's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our SPTN earnings forecast
.

How were SpartanNash's earnings last quarter?

SpartanNash (NASDAQ:SPTN) announced its earnings results on Wednesday, November, 8th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.06. The business earned $2.26 billion during the quarter, compared to analysts' expectations of $2.31 billion. SpartanNash had a net margin of 0.43% and a trailing twelve-month return on equity of 9.66%.

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

SpartanNash declared a quarterly dividend on Tuesday, November 14th. Shareholders of record on Friday, December 8th will be given a dividend of $0.215 per share on Friday, December 29th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date is Thursday, December 7th.
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 3.81%. 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 70.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPTN will have a dividend payout ratio of 37.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPTN.

What ETFs hold SpartanNash's stock?

ETFs with the largest weight of SpartanNash (NASDAQ:SPTN) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).Invesco S&P SmallCap 600 Revenue ETF (RWJ).

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).

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LSV Asset Management (2.44%), Invesco Ltd. (2.40%), Bank of New York Mellon Corp (1.40%), Northern Trust Corp (1.34%), Charles Schwab Investment Management Inc. (1.28%) and Assenagon Asset Management S.A. (0.68%). Insiders that own company stock include Bing Xue, Frank Gambino, Hawthorne L Proctor, Kathleen M Mahoney, Matthew Mannelly, William R Voss and William R Voss.
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.

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
This page (NASDAQ:SPTN) was last updated on 12/3/2023 by MarketBeat.com Staff

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