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NASDAQ:SPTN - SpartanNash Stock Price, Forecast & News

$12.93
+0.68 (+5.55 %)
(As of 03/29/2020 04:28 AM ET)
Today's Range
$11.33
Now: $12.93
$13.19
50-Day Range
$9.35
MA: $12.67
$16.24
52-Week Range
$8.82
Now: $12.93
$17.35
Volume528,525 shs
Average Volume653,838 shs
Market Capitalization$470.01 million
P/E Ratio80.82
Dividend Yield6.29%
Beta1.29
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 retailers, national retailers, food service distributors, e-commerce providers, 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 50 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood supermarkets. As of December 29, 2018, 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 82 of its stores, as well as operated 29 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, Pure Harmony, 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$8.54 billion
Cash Flow$3.79 per share
Book Value$18.92 per share

Profitability

Net Income$5.74 million

Miscellaneous

Employees17,200
Market Cap$470.01 million
Next Earnings Date5/18/2020 (Estimated)
OptionableOptionable

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SpartanNash (NASDAQ:SPTN) Frequently Asked Questions

How has SpartanNash's stock been impacted by COVID-19 (Coronavirus)?

SpartanNash's stock was trading at $11.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SPTN shares have increased by 12.5% and is now trading at $12.93. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SpartanNash?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for SpartanNash.

When is SpartanNash's next earnings date?

SpartanNash is scheduled to release its next quarterly earnings announcement on Monday, May 18th 2020. View our earnings forecast for SpartanNash.

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) posted its quarterly earnings results on Wednesday, February, 19th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.04. The company earned $2 billion during the quarter, compared to analyst estimates of $2.01 billion. SpartanNash had a return on equity of 5.79% and a net margin of 0.07%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.32 EPS. View SpartanNash's earnings history.

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

SpartanNash declared a quarterly dividend on Thursday, February 27th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.192 per share on Tuesday, March 31st. This represents a $0.77 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend is Monday, March 9th. This is a boost from SpartanNash's previous quarterly dividend of $0.19. View SpartanNash's dividend history.

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

SpartanNash updated its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of ~$1.12-1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.24.

What price target have analysts set for SPTN?

4 Wall Street analysts have issued 12 month target prices for SpartanNash's shares. Their forecasts range from $9.00 to $15.00. On average, they expect SpartanNash's stock price to reach $13.25 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets 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. " (3/10/2020)
  • 2. Pivotal Research analysts commented, "We remain below the latest guidance range with a revised FY19 EPS est. of $1.11 (down from $1.16) and EBITDA est. of $179 million (from $182 million). Consistent with SPTN’s pre-announcement earlier this week, the revised FY19 EBITDA guidance is $183-$195 million (from $190-$205 million) and adj. EPS guidance is $1.20-$1.35 (from $1.20-$1.50). With SPTN now trading at a forward EV/EBITDA multiple of around 5.5x, near-term risks are better accounted for." (8/15/2019)

Has SpartanNash been receiving favorable news coverage?

News stories about SPTN stock have been trending somewhat positive recently, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SpartanNash earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutSpartanNash.

Are investors shorting SpartanNash?

SpartanNash saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 935,100 shares, an increase of 15.1% from the February 13th total of 812,600 shares. Based on an average daily trading volume, of 250,700 shares, the short-interest ratio is presently 3.7 days. Currently, 2.7% of the shares of the stock are sold short. View SpartanNash's Current Options Chain.

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 CROWN CASTLE IN/SH SH (CCI), IBM (IBM), AbbVie (ABBV), Walt Disney (DIS), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), GrubHub (GRUB), Altria Group (MO), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

Who are SpartanNash's key executives?

SpartanNash's management team includes the following 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 & Sec. (Age 64)
  • Ms. Yvonne Trupiano, Exec. VP, Chief HR & Corp. Affairs and Communications Officer (Age 40)
  • Mr. Lawrence R. Pierce, Exec. VP of Special Projects (Age 64)

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 variety of institutional and retail investors. Top institutional investors include LSV Asset Management (4.57%), State Street Corp (3.54%), AQR Capital Management LLC (1.89%), Bank of New York Mellon Corp (1.75%), Renaissance Technologies LLC (1.60%) and Nuveen Asset Management LLC (1.42%). Company insiders that own SpartanNash stock include David M Staples, Dennis Eidson, Douglas A Hacker, Elizabeth A Nickels, Kathleen M Mahoney, M Shan Atkins, 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 South Dakota Investment Council, Robeco Institutional Asset Management B.V., Barrow Hanley Mewhinney & Strauss LLC, Comerica Bank, AQR Capital Management LLC, Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, and Prudential Financial Inc.. View insider buying and selling activity for SpartanNash.

Which major investors are buying SpartanNash stock?

SPTN stock was acquired by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., Norges Bank, SG Americas Securities LLC, Jacobs Levy Equity Management Inc., UBS Group AG, Great West Life Assurance Co. Can, Bank of Montreal Can, and Renaissance Technologies LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is SpartanNash's stock price today?

One share of SPTN stock can currently be purchased for approximately $12.93.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $470.01 million and generates $8.54 billion in revenue each year. The company earns $5.74 million in net income (profit) each year or $1.10 on an earnings per share basis. SpartanNash employs 17,200 workers across the globe. View additional information about SpartanNash.

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:  1.7 out of 5 (star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  439 (Vote Underperform)
Total Votes:  661
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 3/29/2020 by MarketBeat.com Staff

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