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How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
A gold storm is coming… (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
A gold storm is coming… (Ad)
Skull found in '97 in remote Alaska belongs to New York man
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
A gold storm is coming… (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
A gold storm is coming… (Ad)
Skull found in '97 in remote Alaska belongs to New York man
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
A gold storm is coming… (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
A gold storm is coming… (Ad)
Skull found in '97 in remote Alaska belongs to New York man
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
NASDAQ:SPTN

SpartanNash - SPTN Stock Forecast, Price & News

$31.98
-0.10 (-0.31%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$31.65
$32.36
50-Day Range
$30.24
$33.77
52-Week Range
$25.05
$37.75
Volume
240,871 shs
Average Volume
187,573 shs
Market Capitalization
$1.13 billion
P/E Ratio
20.63
Dividend Yield
2.62%
Price Target
$33.00

SpartanNash MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.2% Upside
$33.00 Price Target
Short Interest
Healthy
3.02% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.88
Upright™ Environmental Score
News Sentiment
0.67mentions of SpartanNash in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.59%
From $2.36 to $2.61 Per Share

Overall MarketRank

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

2.21 out of 5 stars

Retail/Wholesale Sector

78th out of 212 stocks

Groceries, General Line Industry

2nd 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

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
SpartanNash Acquires Great Lakes Foods
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
SpartanNash CEO Rings the Nasdaq Opening Bell
See More Headlines
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SPTN Company Calendar

Last Earnings
11/09/2022
Ex-Dividend for 12/30 Dividend
12/08/2022
Dividend Payable
12/30/2022
Today
2/04/2023
Next Earnings (Estimated)
2/23/2023
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
16,500
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$33.00
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$31.00
Forecasted Upside/Downside
+3.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$73.75 million
Pretax Margin
0.80%

Debt

Sales & Book Value

Annual Sales
$8.93 billion
Cash Flow
$4.26 per share
Book Value
$21.78 per share

Miscellaneous

Free Float
34,640,000
Market Cap
$1.13 billion
Optionable
Optionable
Beta
0.76

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
  • Thomas E. Swanson
    Executive VP & General Manager-Corporate Retail
  • David Petko
    Chief Supply Chain Officer & Executive VP













SPTN Stock - Frequently Asked Questions

Should I buy or sell SpartanNash stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SPTN shares.
View SPTN analyst ratings
or view top-rated stocks.

What is SpartanNash's stock price forecast for 2023?

4 Wall Street research analysts have issued twelve-month price targets for SpartanNash's stock. Their SPTN share price forecasts range from $31.00 to $35.00. On average, they anticipate the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 3.2% 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 start of the year. Since then, SPTN shares have increased by 5.8% and is now trading at $31.98.
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, February 23rd 2023.
View our SPTN earnings forecast
.

How were SpartanNash's earnings last quarter?

SpartanNash (NASDAQ:SPTN) announced its quarterly earnings results on Wednesday, November, 9th. The company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.08. The business earned $2.30 billion during the quarter. SpartanNash had a trailing twelve-month return on equity of 10.26% and a net margin of 0.60%.

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

SpartanNash announced a quarterly dividend on Wednesday, November 16th. Shareholders of record on Friday, December 9th will be given a dividend of $0.21 per share on Friday, December 30th. This represents a $0.84 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Thursday, December 8th.
Read our dividend analysis for SPTN
.

Is SpartanNash a good dividend stock?

SpartanNash (NASDAQ:SPTN) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.62%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 54.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPTN will have a dividend payout ratio of 32.18% 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 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share (EPS) guidance of $2.27-$2.37 for the period, compared to the consensus earnings per share estimate of $2.33. The company issued revenue guidance of $9.50 billion-$9.70 billion, compared to the consensus revenue estimate of $9.43 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 shareholders include ProShare Advisors LLC (0.78%), Foundry Partners LLC (0.54%), Artemis Investment Management LLP (0.37%), Allspring Global Investments Holdings LLC (0.32%), New York State Teachers Retirement System (0.24%) and DekaBank Deutsche Girozentrale (0.12%). 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 $31.98.

How much money does SpartanNash make?

SpartanNash (NASDAQ:SPTN) has a market capitalization of $1.13 billion and generates $8.93 billion in revenue each year. The company earns $73.75 million in net income (profit) each year or $1.55 on an earnings per share basis.

How many employees does SpartanNash have?

The company 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..
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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 2/4/2023 by MarketBeat.com Staff