Are investors shorting AMCON Distributing?

AMCON Distributing saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 600 shares, a drop of 14.3% from the February 29th total of 700 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 3.0 days. Approximately 0.4% of the company's stock are short sold. View AMCON Distributing's Short Interest .

How were AMCON Distributing's earnings last quarter?

AMCON Distributing (NYSEAMERICAN:DIT) issued its quarterly earnings data on Monday, January, 20th. The company reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $360.10 million for the quarter. AMCON Distributing had a net margin of 0.38% and a trailing twelve-month return on equity of 9.82%.

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

AMCON Distributing declared a quarterly dividend on Tuesday, January 23rd. Shareholders of record on Friday, February 2nd will be given a dividend of $0.18 per share on Monday, February 12th. This represents a $0.72 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, February 1st. Read our dividend analysis for DIT .

Is AMCON Distributing a good dividend stock?

AMCON Distributing (NYSEAMERICAN:DIT) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.41%. The dividend payout ratio is 4.30%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for DIT .

What other stocks do shareholders of AMCON Distributing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AMCON Distributing investors own include AT&T (T) , Cinemark (CNK) , Enterprise Products Partners (EPD) , General Motors (GM) , Southern (SO) , Suncor Energy (SU) , Teekay LNG Partners (TGP) , Tapestry (TPR) , Verizon Communications (VZ) and Walgreens Boots Alliance (WBA) .

How do I buy shares of AMCON Distributing?

Shares of DIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:DIT

AMCON Distributing (DIT) Stock Price, News & Analysis

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$183.00

+7.51 (+4.28%)

(As of 04/18/2024 ET)

Compare

Today's Range: $177.97
▼
$183.50
50-Day Range: N/A
52-Week Range: $160.00
▼
$249.99

Volume: 437 shs
Average Volume: 233 shs
Market Capitalization: $115.29 million

P/E Ratio: 10.92
Dividend Yield: 0.39%
Price Target: N/A

Stock Analysis Chart Dividend Earnings Financials Headlines Ownership SEC Filings Short Interest

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AMCON Distributing MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.35% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.30
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.95 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for AMCON Distributing.

3.0

Short Interest

Percentage of Shares Shorted
0.35% of the float of AMCON Distributing has been sold short.
Short Interest Ratio / Days to Cover
AMCON Distributing has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month

0.8

Dividend Strength

Dividend Yield
AMCON Distributing has a dividend yield of 0.41%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
AMCON Distributing does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of AMCON Distributing is 4.30%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DIT.

2.4

News and Social Media Coverage

News Sentiment
AMCON Distributing has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for AMCON Distributing this week, compared to 0 articles on an average week.
MarketBeat Follows
2 people have added AMCON Distributing to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AMCON Distributing insiders have not sold or bought any company stock.
Percentage Held by Insiders
72.70% of the stock of AMCON Distributing is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 11.14% of the stock of AMCON Distributing is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of AMCON Distributing is 10.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of AMCON Distributing is 10.92, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.47.
Price to Book Value per Share Ratio
AMCON Distributing has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About AMCON Distributing Stock (NYSEAMERICAN:DIT)

AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. It operates through Wholesale Distribution and Retail Health Food segments. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and refrigerated products, and institutional foodservice products. It serves retail outlets, such as convenience stores, discount and general merchandise stores, grocery stores, drug stores, liquor stores, tobacco shops, and gas stations; and institutional customers, including restaurants and bars, schools, and sports complexes, as well as other wholesalers. This segment also markets private label lines of water, candy products, batteries, and other products. In addition, the Retail Health Food segment is involved in the retail of natural, organic, dietary supplements, and specialty foods consisting of produce, baked goods, frozen foods, nutritional supplements, personal care items, and general merchandise. Further, it operates retail health food stores under the Chamberlin's Natural Foods, Akin's Natural Foods, and Earth Origins Market brands. The Company was incorporated in 1986 and is headquartered in Omaha, Nebraska.

DIT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DIT Stock News Headlines

April 18, 2024 | businesswire.com

AMCON Distributing Company Reports Results for the Quarter Ended March 31, 2024

April 16, 2024 | americanbankingnews.com

AMCON Distributing (NYSEAMERICAN:DIT) Now Covered by Analysts at StockNews.com

April 18, 2024 | WealthPress (Ad)

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April 9, 2024 | americanbankingnews.com

AMCON Distributing (NYSEAMERICAN:DIT) Now Covered by StockNews.com

April 5, 2024 | businesswire.com

AMCON Distributing Company Completes Acquisition of Burklund Distributors, Inc.

April 5, 2024 | wsj.com

AMCON Distributing Co.

March 15, 2024 | businesswire.com

AMCON Distributing Company Acquires Burklund Distributors, Inc.

February 23, 2024 | msn.com

AMCON acquires a distribution facility in Colorado

April 18, 2024 | The Bull Report (Ad)

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February 23, 2024 | businesswire.com

AMCON Distributing Company Acquires Colorado Distribution Facility

February 19, 2024 | seekingalpha.com

AMCON: Organic Revenue Growth Remains Elusive (Rating Downgrade)

January 23, 2024 | finance.yahoo.com

AMCON Distributing Company Announces $0.18 Quarterly Dividend

January 18, 2024 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Quarter Ended December 31, 2023

January 18, 2024 | finance.yahoo.com

Amcon Distributing Co (DIT) Reports Mixed Q1 Results Amid Operational Challenges

January 10, 2024 | benzinga.com

Amcon Distributing Stock (AMEX:DIT) Dividends: History, Yield and Dates

January 9, 2024 | benzinga.com

Amcon Distributing Stock (AMEX:DIT), Analyst Ratings, Price Targets, Predictions

December 28, 2023 | msn.com

AMCON Distributing declares $0.28 special dividend

December 27, 2023 | marketwatch.com

Amcon Distributing Declares 28c Special Dividend

November 9, 2023 | msn.com

AMCON Distributing GAAP EPS of $19.46, revenue of $2.54B

November 8, 2023 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Fiscal Year Ended September 30, 2023

July 18, 2023 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Quarter Ended June 30, 2023

April 27, 2023 | msn.com

Amcon Distributing (DIT) Declares $0.18 Dividend

April 22, 2023 | seekingalpha.com

DIT AMCON Distributing Company

April 18, 2023 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Quarter Ended March 31, 2023

April 14, 2023 | seekingalpha.com

AMCON: Risky, But Customer Lists Could Mean Significant Upside Potential

April 2, 2023 | msn.com

Former Arik Management, AMCON Bicker Over Takeover of Airline

February 6, 2023 | finance.yahoo.com

AMCON Distributing Company Completes Acquisition of Henry’s Foods, Inc.

See More Headlines

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Company Calendar

Last Earnings: 1/20/2020
Ex-Dividend for 2/12 Dividend: 2/01/2024
Dividend Payable: 2/12/2024
Today: 4/18/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Retail/Wholesale
Industry: Groceries, general line
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:DIT
Previous Symbol: NYSEMKT:DIT
CUSIP: N/A
CIK: 928465
Web: www.amcon.com
Phone: (402) 331-3727
Fax: 402-331-4834
Employees: 1,476
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $16.76
Trailing P/E Ratio: 10.92
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $11.60 million
Net Margins: 0.38%
Pretax Margin: 0.58%
Return on Equity: 9.82%
Return on Assets: 2.84%

Debt

Debt-to-Equity Ratio: 1.41
Current Ratio: 3.35
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $2.54 billion
Price / Sales: 0.05
Cash Flow: $32.85 per share
Price / Cash Flow: 5.57
Book Value: $171.14 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 630,000
Free Float: 172,000
Market Cap: $115.29 million
Optionable: Not Optionable
Beta: 0.50

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Key Executives

Mr. Christopher H. Atayan (Age 64)
Chairman & CEO
Comp: $3.11M
Mr. Andrew C. Plummer (Age 50)
President, COO & Director
Comp: $1.27M
Mr. Charles J. Schmaderer (Age 55)
CFO, VP & Corporate Secretary
Comp: $676.5k
Mr. Philip E. Campbell (Age 62)
Senior Vice President of Planning & Compliance
Comp: $222.54k

Key Competitors

View All Competitors

Institutional Ownership

Bridgeway Capital Management LLC
Bought 192 shares on 2/15/2024
Ownership: 1.396%

View All Institutional Transactions

DIT Stock Analysis - Frequently Asked Questions

Are investors shorting AMCON Distributing?: AMCON Distributing saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 600 shares, a drop of 14.3% from the February 29th total of 700 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 3.0 days. Approximately 0.4% of the company's stock are short sold.
View AMCON Distributing's Short Interest.
How were AMCON Distributing's earnings last quarter?: AMCON Distributing (NYSEAMERICAN:DIT) issued its quarterly earnings data on Monday, January, 20th. The company reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $360.10 million for the quarter. AMCON Distributing had a net margin of 0.38% and a trailing twelve-month return on equity of 9.82%.
How often does AMCON Distributing pay dividends? What is the dividend yield for AMCON Distributing?: AMCON Distributing declared a quarterly dividend on Tuesday, January 23rd. Shareholders of record on Friday, February 2nd will be given a dividend of $0.18 per share on Monday, February 12th. This represents a $0.72 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, February 1st.
Read our dividend analysis for DIT.
Is AMCON Distributing a good dividend stock?: AMCON Distributing (NYSEAMERICAN:DIT) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.41%. The dividend payout ratio is 4.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DIT.

What other stocks do shareholders of AMCON Distributing own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AMCON Distributing investors own include AT&T (T), Cinemark (CNK), Enterprise Products Partners (EPD), General Motors (GM), Southern (SO), Suncor Energy (SU), Teekay LNG Partners (TGP), Tapestry (TPR), Verizon Communications (VZ) and Walgreens Boots Alliance (WBA).
How do I buy shares of AMCON Distributing?: Shares of DIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:DIT) was last updated on 4/18/2024 by MarketBeat.com Staff

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