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NASDAQ:SPTN

SpartanNash (SPTN) Stock Price, News & Analysis

$20.73
+0.08 (+0.39%)
(As of 05/22/2024 ET)
Today's Range
$20.58
$20.80
50-Day Range
$18.73
$21.02
52-Week Range
$18.57
$24.51
Volume
208,018 shs
Average Volume
244,056 shs
Market Capitalization
$714.46 million
P/E Ratio
13.82
Dividend Yield
4.20%
Price Target
$22.00

SpartanNash MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.1% Upside
$22.00 Price Target
Short Interest
Healthy
3.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.18
Upright™ Environmental Score
News Sentiment
0.94mentions of SpartanNash in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$326,150 Sold Last Quarter
Proj. Earnings Growth
10.88%
From $1.93 to $2.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Retail/Wholesale Sector

36th out of 187 stocks

Groceries, General Line Industry

1st out of 5 stocks

SPTN stock logo

About SpartanNash Stock (NASDAQ:SPTN)

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including 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 pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segment offers various support services to independent retailers. The Retail segment operates retail stores, fuel centers, and pharmacies primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, Family Fresh Market, Supermercado Nuestra Familia, Forest Hills Foods, Dillonvale IGA, and Fresh City Market. It supplies private brand 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 headquartered in Grand Rapids, Michigan.

SPTN Stock Price History

SPTN Stock News Headlines

SpartanNash (SPTN) to Release Earnings on Thursday
SpartanNash To Acquire Metcalfe's Market
SpartanNash Acquires Metcalfe's Market
SpartanNash: LIFO Adjustments, A Step Too Far
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
5/22/2024
Next Earnings (Confirmed)
5/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Groceries, general line
Sub-Industry
Food Distributors
Current Symbol
NASDAQ:SPTN
CUSIP
84682210
Employees
17,000
Year Founded
2012

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$22.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+6.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$52.24 million
Pretax Margin
0.72%

Debt

Sales & Book Value

Annual Sales
$9.73 billion
Cash Flow
$5.08 per share
Book Value
$22.48 per share

Miscellaneous

Free Float
33,982,000
Market Cap
$714.56 million
Optionable
Optionable
Beta
0.53

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Key Executives

  • Mr. Tony Bashir Sarsam (Age 62)
    President, CEO & Director
    Comp: $5.8M
  • Mr. Jason Monaco (Age 47)
    Executive VP & CFO
    Comp: $1.85M
  • Mr. Masiar Tayebi (Age 44)
    Executive VP, Chief Strategy Officer & Information Officer
    Comp: $1.13M
  • 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 48)
    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
  • Ms. Nicole Zube
    Executive VP & Chief Human Resources Officer

SPTN Stock Analysis - Frequently Asked Questions

Should I buy or sell SpartanNash stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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?

1 brokerages have issued 12-month price objectives for SpartanNash's stock. Their SPTN share price targets range from $22.00 to $22.00. On average, they expect the company's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 6.1% 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 2024?

SpartanNash's stock was trading at $22.95 at the beginning of 2024. Since then, SPTN shares have decreased by 9.7% and is now trading at $20.73.
View the best growth stocks for 2024 here
.

When is SpartanNash's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024.
View our SPTN earnings forecast
.

How can I listen to SpartanNash's earnings call?

SpartanNash will be holding an earnings conference call on Thursday, May 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were SpartanNash's earnings last quarter?

SpartanNash (NASDAQ:SPTN) posted its quarterly earnings results on Thursday, February, 15th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.03. The business earned $2.25 billion during the quarter, compared to analyst estimates of $2.27 billion. SpartanNash had a trailing twelve-month return on equity of 9.86% and a net margin of 0.54%. The firm's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.28 EPS.

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

SpartanNash announced a quarterly dividend on Thursday, March 7th. Stockholders of record on Thursday, March 14th will be paid a dividend of $0.2175 per share on Thursday, March 28th. This represents a $0.87 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for SPTN
.

Is SpartanNash a good dividend stock?

SpartanNash (NASDAQ:SPTN) pays an annual dividend of $0.87 per share and currently has a dividend yield of 4.16%. SPTN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 58.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPTN will have a dividend payout ratio of 40.65% 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?
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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.06%), LSV Asset Management (2.37%), ProShare Advisors LLC (1.06%), Jacobs Levy Equity Management Inc. (1.00%), Principal Financial Group Inc. (0.52%) and Assenagon Asset Management S.A. (0.51%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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..
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This page (NASDAQ:SPTN) was last updated on 5/23/2024 by MarketBeat.com Staff

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