S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NASDAQ:SPTN

SpartanNash (SPTN) Stock Forecast, Price & News

$33.78
+0.79 (+2.39%)
(As of 05/13/2022 06:55 PM ET)
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Today's Range
$32.79
$34.26
50-Day Range
$30.27
$35.92
52-Week Range
$18.08
$37.48
Volume
382,200 shs
Average Volume
362,404 shs
Market Capitalization
$1.22 billion
P/E Ratio
16.48
Dividend Yield
2.49%
Beta
0.63
30 days | 90 days | 365 days | Advanced Chart
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SpartanNash logo

About SpartanNash

SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 65,000 stock-keeping units, 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 retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, and Djibouti. The Retail segment primarily operates 145 corporate owned retail stores and 36 fuel centers, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. 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.

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Industry, Sector and Symbol

Industry
Groceries, general line
Sub-Industry
Food Distributors
Current Symbol
NASDAQ:SPTN
CUSIP
84682210
Employees
16,500
Year Founded
2012

Sales & Book Value

Annual Sales
$8.93 billion
Cash Flow
$4.28 per share
Book Value
$21.78 per share

Profitability

Net Income
$73.75 million
Pretax Margin
1.10%

Debt

Price-To-Earnings

Miscellaneous

Free Float
35,496,000
Market Cap
$1.22 billion
Optionable
Optionable

Company Calendar

Last Earnings
2/24/2022
Ex-Dividend for 3/31 Dividend
3/16/2022
Dividend Payable
3/31/2022
Today
5/16/2022
Next Earnings (Confirmed)
6/02/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.32 out of 5 stars

Retail/Wholesale Sector

126th out of 283 stocks

Groceries, General Line Industry

3rd out of 8 stocks

Analyst Opinion: 1.2Community Rank: 3.3Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -













SpartanNash (NASDAQ:SPTN) Frequently Asked Questions

Is SpartanNash a buy right now?

3 Wall Street research 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 research analysts is that investors should "hold" SpartanNash stock. 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 analyst ratings for SpartanNash
or view top-rated stocks.

When is SpartanNash's next earnings date?

SpartanNash is scheduled to release its next quarterly earnings announcement on Thursday, June 2nd 2022.
View our earnings forecast for SpartanNash
.

How can I listen to SpartanNash's earnings call?

SpartanNash will be holding an earnings conference call on Thursday, June 2nd 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 data on Thursday, February, 24th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.06. The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.08 billion. SpartanNash had a trailing twelve-month return on equity of 7.99% and a net margin of 0.83%. SpartanNash's revenue for the quarter was down 6.9% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share.
View SpartanNash's earnings history
.

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

SpartanNash announced a quarterly dividend on Wednesday, March 2nd. Shareholders of record on Thursday, March 17th will be given a dividend of $0.21 per share on Thursday, March 31st. This represents a $0.84 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Wednesday, March 16th. This is an increase from SpartanNash's previous quarterly dividend of $0.20.
View SpartanNash's dividend history
.

Is SpartanNash a good dividend stock?

SpartanNash pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.49%. SpartanNash 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 of SpartanNash is 40.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SpartanNash will have a dividend payout ratio of 36.21% next year. This indicates that SpartanNash will be able to sustain or increase its dividend.
View SpartanNash's dividend history.

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

SpartanNash updated its first quarter 2022 earnings guidance on Thursday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.74 billion-$2.77 billion, compared to the consensus revenue estimate of $2.69 billion.

What price target have analysts set for SPTN?

3 brokers have issued 12-month price objectives for SpartanNash's shares. Their forecasts range from $16.50 to $24.00. On average, they anticipate SpartanNash's stock price to reach $20.25 in the next twelve months. This suggests that the stock has a possible downside of 40.1%.
View analysts' price targets for SpartanNash
or view top-rated stocks among Wall Street analysts.

Who are SpartanNash's key executives?
SpartanNash's management team includes the following people:
  • Mr. Tony Bashir Sarsam, Pres, CEO & Director (Age 60, Pay $2.98M)
  • Mr. Jason Monaco, Exec. VP, CFO & Principal Accounting Officer (Age 45, Pay $1.24M)
  • Mr. Arif Dar, Chief Information Officer & Sr. VP (Age 53, Pay $1.16M)
  • Ms. Yvonne Trupiano, Exec. VP & Chief HR Officer (Age 43, Pay $1.32M)
  • Mr. Thomas Edward Swanson, Exec. VP & GM of Corp. Retail (Age 61, Pay $994.05k)
  • Ms. Ileana McAlary, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 47)
  • Ms. Adrienne Chance, Sr. VP of Communications & Exec. Director of SpartanNash Foundation
  • Mr. Bill Jacobs, VP of Treasury & Corp. Devel.
  • Ms. Amy McClellan, Sr. VP & Chief Marketing Officer
  • Mr. Joseph McQuesten, Sr. VP of Center Store & Fresh Merchandising
What is Tony Sarsam's approval rating as SpartanNash's CEO?

5 employees have rated SpartanNash CEO Tony Sarsam on Glassdoor.com. Tony Sarsam has an approval rating of 81% among SpartanNash'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 International (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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.34%), Vanguard Group Inc. (8.27%), Dimensional Fund Advisors LP (7.61%), LSV Asset Management (3.69%), Renaissance Technologies LLC (2.92%) and Bank of New York Mellon Corp (1.86%). Company insiders that own SpartanNash stock include Bing Xue, Frank Gambino, Hawthorne L Proctor, Kathleen M Mahoney, M Shan Atkins, William R Voss and Yvonne R Jackson.
View institutional ownership trends for SpartanNash
.

Which major investors are selling SpartanNash stock?

SPTN stock was sold by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Arrowstreet Capital Limited Partnership, LSV Asset Management, JPMorgan Chase & Co., ProShare Advisors LLC, Allianz Asset Management GmbH, and Sasco Capital Inc. CT. Company insiders that have sold SpartanNash company stock in the last year include Bing Xue, Frank Gambino, Hawthorne L Proctor, Kathleen M Mahoney, and William R Voss.
View insider buying and selling activity for SpartanNash
or view top insider-selling stocks.

Which major investors are buying SpartanNash stock?

SPTN stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Victory Capital Management Inc., American Century Companies Inc., Dimensional Fund Advisors LP, Renaissance Technologies LLC, EAM Investors LLC, Bridgewater Associates LP, and Bank of New York Mellon Corp.
View insider buying and selling activity for SpartanNash
or or view top insider-buying stocks.

How do I buy shares of SpartanNash?

Shares of SPTN 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 $33.78.

How much money does SpartanNash make?

SpartanNash has a market capitalization of $1.22 billion and generates $8.93 billion in revenue each year. The company earns $73.75 million in net income (profit) each year or $2.049990 on an earnings per share basis.

How many employees does SpartanNash have?

SpartanNash employs 16,500 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..

When was SpartanNash founded?

SpartanNash was founded in 2012.

What is SpartanNash's official website?

The official website for SpartanNash is www.spartanstores.com.

How can I contact SpartanNash?

SpartanNash's mailing address is 850 76TH ST SW, GRAND RAPIDS MI, 49518. The company can be reached via phone at (616) 878-2000, via email at [email protected], or via fax at 301-986-6079.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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