NASDAQ:SPTN - SpartanNash Stock Price, News, & Analysis

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$16.37 +0.28 (+1.74 %)
(As of 03/19/2019 01:38 AM ET)
Previous Close$16.09
Today's Range$15.8450 - $16.69
52-Week Range$15.82 - $26.99
Volume447,539 shs
Average Volume227,917 shs
Market Capitalization$588.53 million
P/E Ratio8.75
Dividend Yield4.72%
Beta1.23
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 60,000 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 retail locations, food service distributors, and corporate-owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to military commissaries and exchanges located in 45 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Italy, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood supermarkets. As of December 30, 2017, this segment operated 145 owned retail stores in the Midwest region primarily under the Family Fare Supermarkets, D&W Fresh Markets, VG's Grocery, Dan's Supermarket, and Family Fresh Market banners; and offered pharmacy services in 87 of its stores, as well as operated 31 fuel centers at its retail stores. SpartanNash Company also markets and distributes private brand items primarily under the Our Family, Open Acres, Top Care, Tippy Toes, Full Circle, Culinary Tours, PAWS Premium, Valu Time, Freedom's Choice, and Home Base brands. 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 N/A
Sub-IndustryFood Distributors
SectorRetail/Wholesale
Current SymbolNASDAQ:SPTN
CUSIP84682210
Phone616-878-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.06 billion
Cash Flow$4.1443 per share
Book Value$19.92 per share

Profitability

Net Income$33.57 million

Miscellaneous

Employees8,800
Market Cap$588.53 million
Next Earnings Date6/4/2019 (Estimated)
OptionableOptionable

SpartanNash (NASDAQ:SPTN) Frequently Asked Questions

What is SpartanNash's stock symbol?

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

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

SpartanNash announced a quarterly dividend on Friday, March 1st. Stockholders of record on Friday, March 15th will be paid a dividend of $0.19 per share on Friday, March 29th. This represents a $0.76 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from SpartanNash's previous quarterly dividend of $0.18. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

SpartanNash declared that its Board of Directors has initiated a stock repurchase plan on Saturday, November 18th 2017, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) announced its quarterly earnings data on Wednesday, February, 20th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.07. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.93 billion. SpartanNash had a return on equity of 9.31% and a net margin of 0.42%. The business's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 EPS. View SpartanNash's Earnings History.

When is SpartanNash's next earnings date?

SpartanNash is scheduled to release their next quarterly earnings announcement on Tuesday, June 4th 2019. View Earnings Estimates for SpartanNash.

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

SpartanNash updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of $1.70-1.80 for the period, compared to the Thomson Reuters consensus estimate of $1.98. SpartanNash also updated its Q1 guidance to $0.18-0.22 EPS.

What price target have analysts set for SPTN?

6 brokerages have issued 1 year price targets for SpartanNash's shares. Their forecasts range from $12.00 to $25.00. On average, they anticipate SpartanNash's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for SpartanNash.

What is the consensus analysts' recommendation for SpartanNash?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SpartanNash.

What are Wall Street analysts saying about SpartanNash stock?

Here are some recent quotes from research analysts about SpartanNash stock:
  • 1. According to Zacks Investment Research, "SpartanNash Co. is a food distributor serving military commissaries and exchanges in the United States. The company's core businesses include distributing food to military commissaries and exchanges and independent and corporate-owned retail stores located in 44 states and the District of Columbia, Europe, Cuba, Puerto Rico, the Azores, Bahrain and Egypt. It operates supermarkets, primarily under the banners of Family Fare Supermarkets, No Frills, Bag 'n Save and Econofoods. SpartanNash Co., formerly known as Spartan Stores, Inc., is headquartered in United States. " (1/9/2019)
  • 2. Pivotal Research analysts commented, "We reiterate our SELL. Despite the high rate of earnings deceleration expected in 2Q, SPTN still trades at a premium to Kroger and Supervalu." (5/25/2018)

Has SpartanNash been receiving favorable news coverage?

Headlines about SPTN stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SpartanNash earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are some of SpartanNash's key competitors?

What other stocks do shareholders of SpartanNash own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SpartanNash investors own include Weyerhaeuser (WY), Western Digital (WDC), Supervalu (SVU), Range Resources (RRC), QUALCOMM (QCOM), American Tower (AMT), Sarepta Therapeutics (SRPT), Netflix (NFLX), GrubHub (GRUB) and FireEye (FEYE).

Who are SpartanNash's key executives?

SpartanNash's management team includes the folowing people:
  • Mr. David M. Staples, CEO, Pres & Director (Age 56)
  • Mr. Mark E. Shamber, Exec. VP & CFO (Age 50)
  • Ms. Kathleen M. Mahoney, Pres of MDV Military Division & Chief Legal Officer (Age 64)
  • Mr. Lawrence R. Pierce, Exec. OFficer (Age 64)
  • Mr. Thomas A. Van Hall, Exec. Officer (Age 63)

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.98%), Dimensional Fund Advisors LP (8.41%), LSV Asset Management (4.83%), Norges Bank (2.27%), Bank of New York Mellon Corp (1.85%) and Prudential Financial Inc. (1.65%). Company insiders that own SpartanNash stock include David M Staples, Dennis Eidson, Douglas A Hacker, Edward L Brunot, Elizabeth A Nickels, Frank Gambino, Kathleen M Mahoney, Lawrence R Pierce, M Shan Atkins, Mark Shamber, Theodore Adornato, Timothy J Odonovan, William R Voss and Yvonne R Jackson. View Institutional Ownership Trends for SpartanNash.

Which institutional investors are selling SpartanNash stock?

SPTN stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Northern Trust Corp, Wedge Capital Management L L P NC, M&T Bank Corp, Barclays PLC, SG Americas Securities LLC, GSA Capital Partners LLP and Millennium Management LLC. Company insiders that have sold SpartanNash company stock in the last year include David M Staples, Dennis Eidson, Douglas A Hacker, Elizabeth A Nickels, Kathleen M Mahoney, William R Voss and Yvonne R Jackson. View Insider Buying and Selling for SpartanNash.

Which institutional investors are buying SpartanNash stock?

SPTN stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Prudential Financial Inc., Bank of America Corp DE, Alambic Investment Management L.P., Two Sigma Advisers LP and Brandywine Global Investment Management LLC. View Insider Buying and Selling for SpartanNash.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SpartanNash's stock price today?

One share of SPTN stock can currently be purchased for approximately $16.37.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $588.53 million and generates $8.06 billion in revenue each year. The company earns $33.57 million in net income (profit) each year or $1.87 on an earnings per share basis. SpartanNash employs 8,800 workers across the globe.

What is SpartanNash's official website?

The official website for SpartanNash is http://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 or via email at [email protected]


MarketBeat Community Rating for SpartanNash (NASDAQ SPTN)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  346 (Vote Underperform)
Total Votes:  516
MarketBeat's community ratings are surveys of what our community members think about SpartanNash and other stocks. Vote "Outperform" if you believe SPTN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPTN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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