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

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$21.06 -0.21 (-0.99 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$21.06
Today's Range$20.92 - $21.38
52-Week Range$16.08 - $26.99
Volume141,407 shs
Average Volume215,140 shs
Market Capitalization$756.94 million
P/E Ratio10.03
Dividend Yield3.42%
Beta1.12
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 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$4.4059 per share
Book Value$19.53 per share

Profitability

Net Income$-52,840,000.00

Miscellaneous

Employees14,800
Market Cap$756.94 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 declared a quarterly dividend on Friday, November 16th. Stockholders of record on Monday, December 17th will be paid a dividend of $0.18 per share on Monday, December 31st. This represents a $0.72 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Friday, December 14th. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

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

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) released its quarterly earnings results on Wednesday, November, 7th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. The business earned $1.89 billion during the quarter, compared to analyst estimates of $1.91 billion. SpartanNash had a return on equity of 9.81% and a net margin of 1.02%. The business's revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 EPS. 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.

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

SpartanNash updated its FY18 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of $1.89-1.97 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.99. SpartanNash also updated its FY 2018 guidance to $1.89-1.97 EPS.

What price target have analysts set for SPTN?

6 brokerages have issued 12-month target prices for SpartanNash's stock. Their predictions range from $15.00 to $25.00. On average, they anticipate SpartanNash's share price to reach $20.60 in the next year. This suggests that the stock has a possible downside of 2.2%. 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 coverage about SPTN stock has been trending neutral on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SpartanNash earned a coverage optimism score of 0.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are some of SpartanNash's key competitors?

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. VP of Merchandising & Marketing (Age 64)
  • Mr. Thomas A. Van Hall, Exec. Officer (Age 63)

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a number of of retail and institutional investors. Top institutional investors include Louisiana State Employees Retirement System (0.04%). 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 Louisiana State Employees Retirement System. 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.

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 $21.06.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $756.94 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:  162 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  500
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 1/20/2019 by MarketBeat.com Staff

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