NASDAQ:SPTN - SpartanNash Stock Price, News & Analysis

$11.41
-0.05 (-0.44 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$10.94
Now: $11.41
$11.59
50-Day Range
$9.03
MA: $11.04
$12.05
52-Week Range
$8.82
Now: $11.41
$23.00
Volume926,200 shs
Average Volume464,992 shs
Market Capitalization$414.30 million
P/E Ratio6.10
Dividend Yield6.63%
Beta1.37
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. Read More…

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$8.06 billion
Cash Flow$4.1949 per share
Book Value$18.94 per share

Profitability

Net Income$33.57 million

Miscellaneous

Employees14,000
Market Cap$414.30 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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, May 24th. Investors of record on Friday, June 14th will be paid a dividend of $0.19 per share on Friday, June 28th. This represents a $0.76 annualized dividend and a yield of 6.66%. The ex-dividend date of this dividend is Thursday, June 13th. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

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

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) released its quarterly earnings results on Wednesday, August, 14th. The company reported $0.34 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.34. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $2.01 billion. SpartanNash had a net margin of 0.05% and a return on equity of 7.07%. SpartanNash's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.56 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, November 6th 2019. View Earnings Estimates for SpartanNash.

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

SpartanNash issued an update on its FY19 earnings guidance on Wednesday, August, 14th. The company provided earnings per share (EPS) guidance of $1.20-1.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.27.

What price target have analysts set for SPTN?

6 brokerages have issued 1-year price objectives for SpartanNash's shares. Their predictions range from $8.00 to $25.00. On average, they expect SpartanNash's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 13.9% 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, 1 hold rating and 3 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. 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)
  • 2. 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. " (5/7/2019)

Has SpartanNash been receiving favorable news coverage?

Media headlines about SPTN stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SpartanNash earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for SpartanNash.

Are investors shorting SpartanNash?

SpartanNash saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 621,700 shares, a drop of 25.0% from the June 30th total of 829,000 shares. Based on an average trading volume of 333,600 shares, the short-interest ratio is presently 1.9 days. Approximately 1.8% of the company's 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 Supervalu (SVU), Western Digital (WDC), Immunomedics (IMMU), Sarepta Therapeutics (SRPT), GrubHub (GRUB), Weyerhaeuser (WY), Amgen (AMGN), Synopsys (SNPS), Weibo (WB) and Walt Disney (DIS).

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 & 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)

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.08%), Vanguard Group Inc. (7.38%), Invesco Ltd. (2.25%), Bank of New York Mellon Corp (1.83%), Prudential Financial Inc. (1.59%) and Northern Trust Corp (1.46%). Company insiders that own SpartanNash stock include David M Staples, Dennis Eidson, Douglas A Hacker, Elizabeth A Nickels, Kathleen M Mahoney, M Shan Atkins, Mark Shamber, 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 Private Capital Management LLC, Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Alambic Investment Management L.P., Equitable Trust Co., Bessemer Group Inc., Prudential Financial Inc. and Man Group plc. Company insiders that have sold SpartanNash company stock in the last year include David M Staples, Douglas A Hacker, Elizabeth A Nickels, M Shan Atkins and Yvonne R Jackson. View Insider Buying and Selling for SpartanNash.

Which major investors are buying SpartanNash stock?

SPTN stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Vanguard Group Inc., Renaissance Technologies LLC, Municipal Employees Retirement System of Michigan, Citadel Advisors LLC, AQR Capital Management LLC and Jacobs Levy Equity Management Inc.. 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 $11.41.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $414.30 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 14,000 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:  1.6 out of 5 (star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  561
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 8/18/2019 by MarketBeat.com Staff

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