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

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$21.77 +0.03 (+0.14 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$21.77
Today's Range$21.56 - $22.14
52-Week Range$16.08 - $26.99
Volume151,166 shs
Average Volume166,378 shs
Market Capitalization$782.46 million
P/E Ratio10.37
Dividend Yield3.31%
Beta1.24
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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Industry, Sector and Symbol

Industry Groceries, general line
Sub-IndustryFood Distributors
SectorRetail/Wholesale
Current SymbolNASDAQ:SPTN
CUSIP84682210
Phone616-878-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.13 billion
Cash Flow$4.4702 per share
Book Value$19.53 per share

Profitability

Net Income$-52,840,000.00

Miscellaneous

Employees14,800
Market Cap$782.46 million
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, November 16th. Shareholders of record on Monday, December 17th will be given a dividend of $0.18 per share on Monday, December 31st. This represents a $0.72 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend is Friday, December 14th. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

SpartanNash announced that its board has approved a share buyback plan on Saturday, November 18th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) released its quarterly earnings results on Wednesday, August, 15th. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.07. The firm earned $1.90 billion during the quarter, compared to analysts' expectations of $1.88 billion. SpartanNash had a return on equity of 9.81% and a net margin of 1.02%. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. View SpartanNash's Earnings History.

When is SpartanNash's next earnings date?

SpartanNash is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for SpartanNash.

How can I listen to SpartanNash's earnings call?

SpartanNash will be holding an earnings conference call on Thursday, February 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883490086.

What price target have analysts set for SPTN?

6 brokerages have issued 12-month price targets for SpartanNash's stock. Their predictions range from $15.00 to $25.00. On average, they expect SpartanNash's stock price to reach $20.60 in the next year. This suggests that the stock has a possible downside of 5.4%. 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 1 sell rating, 3 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?

News articles about SPTN stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media 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 five, with scores nearest to five being the most favorable. SpartanNash earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of SpartanNash's key competitors?

Who are SpartanNash's key executives?

SpartanNash's management team includes the folowing people:
  • David M. Staples, President, Chief Executive Officer, COO & Director
  • Mark E. Shamber, Chief Financial Officer & Executive Vice President
  • Arif Dar, Chief Information Officer
  • Robert Kirch, Executive Vice President
  • Tom Lee, Chief Supply Chain Officer & Senior VP

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.98%), Dimensional Fund Advisors LP (8.41%), LSV Asset Management (4.83%), Bank of New York Mellon Corp (1.85%), Prudential Financial Inc. (1.65%) and Northern Trust Corp (1.45%). 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 major 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, Kathleen M Mahoney and William R Voss. View Insider Buying and Selling for SpartanNash.

Which major investors are buying SpartanNash stock?

SPTN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Bank of America Corp DE, Alambic Investment Management L.P., Two Sigma Advisers LP, Brandywine Global Investment Management LLC, Convergence Investment Partners LLC and Massachusetts Financial Services Co. MA. 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 $21.77.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $782.46 million and generates $8.13 billion in revenue each year. The company earns $-52,840,000.00 in net income (profit) each year or $2.10 on an earnings per share basis. SpartanNash employs 14,800 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:  166 (Vote Outperform)
Underperform Votes:  340 (Vote Underperform)
Total Votes:  506
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 2/16/2019 by MarketBeat.com Staff

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