SpartanNash Company is a multi-regional grocery distributor and grocery retailer. The Company's core businesses include distributing grocery products to independent grocery retailers (independent retailers), select national retailers, its corporate owned retail stores, and the United States military commissaries. The Company operates through three segments: Food Distribution, Military and Retail. The Food Distribution segment provides a range of nationally branded and private brand grocery products and perishable food products to independent retailers, food service distributors and its corporate owned retail stores. The Military segment contracts with manufacturers to distribute a range of grocery products primarily to military commissaries and exchanges located in the United States, the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain and Egypt. As of December 31, 2016, the Retail segment operated 157 corporate owned retail stores in the Midwest and Great Lakes regions.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Supermarkets & Convenience Stores
- Sub-Industry: Food Distributors
- Symbol: NASDAQ:SPTN
- CUSIP: 84682210
- Web: www.spartanstores.com
- Market Cap: $999.48 million
- Outstanding Shares: 37,844,000
- 50 Day Moving Avg: $26.52
- 200 Day Moving Avg: $32.35
- 52 Week Range: $24.81 - $40.38
Sales & Book Value:
- Trailing P/E Ratio: 15.73
- Foreward P/E Ratio: 10.48
- P/E Growth: 2.44
- Annual Revenue: $7.86 billion
- Price / Sales: 0.12
- Book Value: $22.23 per share
- Price / Book: 1.16
- Annual Dividend: $0.66
- Dividend Yield: 2.5%
- EBIDTA: $225.8 million
- Net Margins: 0.79%
- Return on Equity: 10.03%
- Return on Assets: 4.10%
- Debt-to-Equity Ratio: 0.78%
- Current Ratio: 1.93%
- Quick Ratio: 0.83%
- Average Volume: 216,425 shs.
- Beta: 1
- Short Ratio: 3.46
Frequently Asked Questions for SpartanNash Company (NASDAQ:SPTN)
What is SpartanNash Company's stock symbol?
SpartanNash Company trades on the NASDAQ under the ticker symbol "SPTN."
How often does SpartanNash Company pay dividends? What is the dividend yield for SpartanNash Company?
SpartanNash Company declared a quarterly dividend on Wednesday, June 7th. Shareholders of record on Friday, June 16th will be given a dividend of $0.165 per share on Friday, June 30th. This represents a $0.66 annualized dividend and a yield of 2.55%. The ex-dividend date is Wednesday, June 14th. View SpartanNash Company's Dividend History.
How were SpartanNash Company's earnings last quarter?
SpartanNash Company (NASDAQ:SPTN) announced its quarterly earnings results on Wednesday, May, 24th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.01. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.46 billion. SpartanNash Company had a net margin of 0.79% and a return on equity of 10.03%. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 earnings per share. View SpartanNash Company's Earnings History.
When will SpartanNash Company make its next earnings announcement?
What guidance has SpartanNash Company issued on next quarter's earnings?
SpartanNash Company issued an update on its FY17 earnings guidance on Wednesday, May, 24th. The company provided EPS guidance of $2.26-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.32.
Where is SpartanNash Company's stock going? Where will SpartanNash Company's stock price be in 2017?
5 equities research analysts have issued 1 year price objectives for SpartanNash Company's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate SpartanNash Company's share price to reach $26.50 in the next year. View Analyst Ratings for SpartanNash Company.
Who are some of SpartanNash Company's key competitors?
Some companies that are related to SpartanNash Company include HSN (HSNI), American Eagle Outfitters (AEO), Arcos Dorados Holdings (ARCO), Restoration Hardware Holdings (RH), Builders FirstSource (BLDR), Children's Place, Inc. (The) (PLCE), Travelport Worldwide Limited (TVPT), Brinker International (EAT), Buffalo Wild Wings (BWLD), Dillard's (DDS), Bloomin' Brands (BLMN), Rush Enterprises (RUSHA), Li Ning (LNNGY), Insight Enterprises (NSIT), BMC Stock Holdings (BMCH), DSW (DSW), Bob Evans Farms (BOBE) and Weis Markets (WMK).
Who are SpartanNash Company's key executives?
SpartanNash Company's management team includes the folowing people:
- Dennis Eidson, Chairman of the Board
- David M. Staples, President, Chief Executive Officer, Chief Operating Officer, Director
- Thomas A. Van Hall, Interim Chief Financial Officer
- Yvonne S. Trupiano, Chief Human Resource Officer, Senior Vice President
- Larry Pierce, Executive Vice President - Merchandising and Marketing
- Kathleen M. Mahoney, Executive Vice President, Chief Legal Officer, Secretary and President - MDV Military Division
- Theodore C. Adornato, Executive Vice President - Retail Operations
- Edward L. Brunot, Executive Vice President, President - MDV
- Tom Lee, Senior Vice President - Supply Chain
- Tammy R. Hurley, Chief Accounting Officer, Vice President - Finance
Who owns SpartanNash Company stock?
SpartanNash Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.33%), Dimensional Fund Advisors LP (8.40%), Vanguard Group Inc. (7.29%), LSV Asset Management (4.17%), JPMorgan Chase & Co. (3.02%) and State Street Corp (2.81%). Company insiders that own SpartanNash Company stock include Alex J Deyonker, Craig C Sturken, David Des Couch, David M Staples, Dennis Eidson, Derek R Jones, Edward L Brunot, Elizabeth A Nickels, Frank Gambino, Hawthorne L Proctor, Kathleen M Mahoney, Lawrence R Pierce, M Shan Atkins, Theodore Adornato, Timothy J Odonovan, William R Voss and Yvonne R Jackson. View Institutional Ownership Trends for SpartanNash Company.
Who sold SpartanNash Company stock? Who is selling SpartanNash Company stock?
SpartanNash Company's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., BlackRock Inc., Gotham Asset Management LLC, Wells Fargo & Company MN, Alliancebernstein L.P., Chicago Equity Partners LLC, Bank of Montreal Can and Federated Investors Inc. PA. Company insiders that have sold SpartanNash Company stock in the last year include David Des Couch, David M Staples, Dennis Eidson, Edward L Brunot, Elizabeth A Nickels, Frank Gambino, Kathleen M Mahoney, Lawrence R Pierce, M Shan Atkins, Theodore Adornato, Timothy J Odonovan and Yvonne R Jackson. View Insider Buying and Selling for SpartanNash Company.
Who bought SpartanNash Company stock? Who is buying SpartanNash Company stock?
SpartanNash Company's stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Thrivent Financial For Lutherans, Vanguard Group Inc., Northern Trust Corp, State Street Corp, Citadel Advisors LLC, Schwab Charles Investment Management Inc. and Palisade Capital Management LLC NJ. View Insider Buying and Selling for SpartanNash Company.
How do I buy SpartanNash Company stock?
Shares of SpartanNash Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SpartanNash Company's stock price today?
MarketBeat Community Rating for SpartanNash Company (NASDAQ SPTN)MarketBeat's community ratings are surveys of what our community members think about SpartanNash Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of SpartanNash Company stock can currently be purchased for approximately $25.89.
Consensus Ratings for SpartanNash Company (NASDAQ:SPTN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$26.50 (2.36% upside)|
Analysts' Ratings History for SpartanNash Company (NASDAQ:SPTN)
(Data available from 8/16/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/15/2017||Pivotal Research||Set Price Target||Sell||$20.00||N/A|
|8/11/2017||Jefferies Group LLC||Reiterated Rating||Hold||$30.00||Low|
|7/14/2017||Barclays PLC||Reiterated Rating||Equal Weight||$36.00 -> $28.00||Low|
|8/23/2016||Northcoast Research||Upgrade||Neutral -> Buy||N/A|
|8/18/2016||Deutsche Bank AG||Set Price Target||Hold||$27.00 -> $28.00||N/A|
Earnings History for SpartanNash Company (NASDAQ:SPTN)Earnings History by Quarter for SpartanNash Company (NASDAQ SPTN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/24/2017||Q1 2017||$0.54||$0.55||$2.46 billion||$2.40 billion||View||N/A|
|2/22/2017||Q416||$0.48||$0.53||$1.84 billion||$1.83 billion||View||N/A|
|11/9/2016||Q316||$0.53||$0.53||$1.81 billion||$1.80 billion||View||Listen|
|8/17/2016||Q216||$0.57||$0.58||$1.80 billion||$1.83 billion||View||N/A|
|5/25/2016||Q116||$0.49||$0.54||$2.28 billion||$2.28 billion||View||N/A|
|2/24/2016||Q415||$0.44||$0.52||$1.80 billion||$1.77 billion||View||Listen|
|11/11/2015||Q315||$0.49||$0.49||$1.81 billion||$1.78 billion||View||Listen|
|8/19/2015||Q215||$0.51||$0.53||$1.82 billion||$1.80 billion||View||Listen|
|5/27/2015||Q115||$0.41||$0.44||$2.32 billion||$2.31 billion||View||N/A|
|3/3/2015||Q414||$0.42||$0.49||$1.97 billion||$1.96 billion||View||N/A|
|11/5/2014||Q314||$0.42||$0.46||$1.81 billion||$1.81 billion||View||N/A|
|8/13/2014||Q214||$0.43||$0.50||$1.83 billion||$1.81 billion||View||N/A|
|5/21/2014||Q1 14||$0.38||$0.40||$2.31 billion||$2.33 billion||View||N/A|
|3/5/2014||Q3||$0.25||$0.40||$805.80 million||$1.34 billion||View||N/A|
|10/23/2013||Q214||$0.49||$0.55||$629.76 million||$649.50 million||View||N/A|
|7/31/2013||Q1 2014||$0.27||$0.30||$605.38 million||$612.40 million||View||N/A|
|5/22/2013||Q4 2013||$0.37||$0.48||$586.45 million||$592.80 million||View||N/A|
|2/13/2013||Q3 2013||$0.24||$0.24||$812.20 million||$789.90 million||View||N/A|
Earnings Estimates for SpartanNash Company (NASDAQ:SPTN)
2017 EPS Consensus Estimate: $2.34
2018 EPS Consensus Estimate: $2.39
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for SpartanNash Company (NASDAQ:SPTN)
|Most Recent Dividend:||6/30/2017|
|Payout Ratio:||40.00% (Trailing 12 Months of Earnings) |
28.33% (Based on This Year's Estimates)
26.72% (Based on Next Year's Estimates)
Dividend History by Quarter for SpartanNash Company (NASDAQ SPTN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for SpartanNash Company (NASDAQ:SPTN)
Insider Ownership Percentage: 3.00%Insider Trades by Quarter for SpartanNash Company (NASDAQ:SPTN)
Institutional Ownership Percentage: 87.94%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/19/2017||M Shan Atkins||Director||Sell||2,000||$27.69||$55,380.00|| |
|6/8/2017||M Shan Atkins||Director||Sell||2,000||$30.01||$60,020.00|| |
|5/16/2017||Lawrence R Pierce||EVP||Sell||613||$36.96||$22,656.48|| |
|5/15/2017||Dennis Eidson||CEO||Sell||6,141||$36.85||$226,295.85|| |
|5/15/2017||Theodore Adornato||Insider||Sell||1,182||$36.86||$43,568.52|| |
|4/24/2017||Kathleen M Mahoney||EVP||Sell||516||$35.45||$18,292.20|| |
|4/19/2017||Theodore Adornato||Insider||Sell||22,322||$35.08||$783,055.76|| |
|4/18/2017||Theodore Adornato||Insider||Sell||4,237||$35.02||$148,379.74|| |
|4/17/2017||David M Staples||Insider||Sell||2,018||$34.96||$70,549.28|| |
|4/17/2017||Dennis Eidson||CEO||Sell||6,201||$34.94||$216,662.94|| |
|4/17/2017||Lawrence R Pierce||EVP||Sell||1,177||$34.97||$41,159.69|| |
|4/10/2017||David M Staples||Insider||Sell||3,453||$34.69||$119,784.57|| |
|4/10/2017||Dennis Eidson||CEO||Sell||11,793||$34.71||$409,335.03|| |
|3/27/2017||Edward L Brunot||Insider||Sell||2,717||$33.68||$91,508.56|| |
|3/24/2017||Frank Gambino||Director||Sell||3,686||$33.54||$123,628.44|| |
|3/22/2017||Lawrence R Pierce||EVP||Sell||2,745||$33.19||$91,106.55|| |
|3/22/2017||M Shan Atkins||Director||Sell||1,015||$33.23||$33,728.45|| |
|3/21/2017||Timothy J Odonovan||Director||Sell||1,186||$33.25||$39,434.50|| |
|3/20/2017||Kathleen M Mahoney||EVP||Sell||1,828||$33.54||$61,311.12|| |
|3/9/2017||Dennis Eidson||CEO||Sell||21,753||$32.54||$707,842.62|| |
|3/8/2017||Yvonne R Jackson||Director||Sell||3,050||$32.56||$99,308.00|| |
|3/7/2017||David M Staples||Insider||Sell||24,621||$32.80||$807,568.80|| |
|3/7/2017||Dennis Eidson||CEO||Sell||72,667||$32.76||$2,380,570.92|| |
|3/7/2017||Elizabeth A Nickels||Director||Sell||6,250||$33.30||$208,125.00|| |
|3/7/2017||Kathleen M Mahoney||EVP||Sell||12,000||$33.16||$397,920.00|| |
|12/13/2016||David Des Couch||VP||Sell||12,480||$37.44||$467,251.20|| |
|8/1/2016||David Des Couch||VP||Sell||14,092||$32.29||$455,030.68|| |
|7/8/2016||David Des Couch||VP||Sell||10,000||$31.00||$310,000.00|| |
|6/13/2016||Lawrence R Pierce||EVP||Sell||1,213||$28.87||$35,019.31|| |
|6/10/2016||Theodore Adornato||Insider||Sell||2,306||$29.37||$67,727.22|| |
|6/9/2016||David M Staples||COO||Sell||3,549||$29.46||$104,553.54|| |
|6/7/2016||Dennis Eidson||CEO||Sell||12,210||$29.83||$364,224.30|| |
|6/3/2016||Derek R Jones||EVP||Sell||4,435||$29.73||$131,852.55|| |
|3/28/2016||Edward L Brunot||Insider||Sell||2,722||$28.58||$77,794.76|| |
|3/22/2016||Lawrence R Pierce||EVP||Sell||2,453||$28.75||$70,523.75|| |
|3/21/2016||David M Staples||CFO||Sell||3,441||$29.31||$100,855.71|| |
|3/21/2016||Kathleen M Mahoney||EVP||Sell||1,828||$29.32||$53,596.96|| |
|3/21/2016||Theodore Adornato||Insider||Sell||1,812||$29.32||$53,127.84|| |
|3/18/2016||Dennis Eidson||CEO||Sell||11,853||$29.29||$347,174.37|| |
|3/8/2016||William R Voss||Director||Sell||17,730||$28.77||$510,092.10|| |
|3/7/2016||Theodore Adornato||Insider||Sell||13,300||$28.16||$374,528.00|| |
|3/3/2016||Craig C Sturken||Director||Sell||5,000||$28.14||$140,700.00|| |
|9/21/2015||Alex J. Deyonker||EVP||Sell||6,000||$27.75||$166,500.00|| |
|9/21/2015||Frank Gambino||Director||Sell||7,676||$27.00||$207,252.00|| |
|9/17/2015||Edward L Brunot||Insider||Sell||13,498||$27.25||$367,820.50|| |
|9/17/2015||Kathleen M Mahoney||EVP||Sell||15,000||$27.51||$412,650.00|| |
|9/14/2015||Theodore Adornato||insider||Sell||8,800||$27.49||$241,912.00|| |
|8/31/2015||Theodore Adornato||insider||Sell||8,000||$28.31||$226,480.00|| |
|8/25/2015||Hawthorne L Proctor||Director||Sell||3,000||$29.10||$87,300.00|| |
|8/24/2015||David M. Staples||CFO||Sell||9,000||$29.01||$261,090.00|| |
|8/24/2015||Dennis Eidson||CEO||Sell||12,000||$29.01||$348,120.00|| |
|8/24/2015||Derek R. Jones||EVP||Sell||27,000||$29.09||$785,430.00|| |
|6/1/2015||Alex J Deyonker||EVP||Sell||4,439||$31.22||$138,585.58|| |
|5/6/2015||Dennis Eidson||CEO||Sell||30,115||$31.31||$942,900.65|| |
|3/9/2015||Craig C Sturken||Director||Sell||85,000||$26.74||$2,272,900.00|| |
|3/6/2015||Edward L Brunot||Insider||Sell||10,858||$26.46||$287,302.68|| |
|2/17/2015||Kathleen M Mahoney||EVP||Sell||1,191||$26.18||$31,180.38|| |
|11/25/2014||Theodore Adornato||Insider||Sell||3,282||$23.45||$76,962.90|| |
|11/13/2014||Mickey P Foret||Director||Sell||25,000||$23.58||$589,500.00|| |
|11/10/2014||William R Voss||Director||Sell||5,223||$23.58||$123,158.34|| |
|9/4/2014||David M Staples||CFO||Sell||3,125||$21.67||$67,718.75|| |
|9/4/2014||Dennis Eidson||Insider||Sell||6,250||$21.65||$135,312.50|| |
|9/3/2014||Elizabeth A Nickels||Director||Sell||10,852||$21.74||$235,922.48|| |
|8/25/2014||Elizabeth A Nickels||Director||Sell||12,000||$22.00||$264,000.00|| |
|5/27/2014||David Des Couch||Insider||Sell||10,000||$24.18||$241,800.00|| |
|5/8/2014||Alex Deyonker||VP||Sell||6,960||$21.58||$150,196.80|| |
|5/7/2014||David Staples||CFO||Sell||10,513||$21.38||$224,767.94|| |
|5/7/2014||Dennis Eidson||Insider||Sell||34,321||$21.39||$734,126.19|| |
|3/21/2014||Frank Gambino||Director||Sell||3,500||$22.01||$77,035.00|| |
|3/20/2014||Hawthorne Proctor||Director||Sell||7,450||$22.19||$165,315.50|| |
|3/10/2014||Craig Sturken||Director||Sell||45,188||$22.18||$1,002,269.84|| |
|3/10/2014||Dennis Eidson||Insider||Sell||1,313||$22.12||$29,043.56|| |
|11/26/2013||David Des Couch||VP||Sell||7,729||$22.61||$174,752.69|| |
|11/22/2013||Theodore Adornato||VP||Sell||2,188||$22.67||$49,601.96|| |
|5/22/2013||Hall Thomas A Van||VP||Sell||5,000||$17.72||$88,600.00|| |
|5/8/2013||Dennis Eidson||Insider||Sell||23,640||$16.79||$396,915.60|| |
|11/1/2012||Hall Thomas A Van||VP||Sell||3,000||$14.45||$43,350.00|| |
Headline Trends for SpartanNash Company (NASDAQ:SPTN)
Latest Headlines for SpartanNash Company (NASDAQ:SPTN)
SpartanNash Company (SPTN) Chart for Wednesday, August, 16, 2017