Weis Markets - WMK Stock Forecast, Price & News

Weis Markets' stock was trading at $82.29 at the beginning of 2023. Since then, WMK shares have increased by 1.9% and is now trading at $83.82.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our WMK earnings forecast.

Weis Markets, Inc. (NYSE:WMK) released its quarterly earnings results on Friday, August, 2nd. The company reported $0.76 EPS for the quarter. The company had revenue of $887.97 million for the quarter. Weis Markets had a net margin of 2.67% and a trailing twelve-month return on equity of 9.85%.

Weis Markets announced a quarterly dividend on Thursday, February 2nd. Stockholders of record on Monday, February 13th will be given a dividend of $0.34 per share on Monday, February 27th. This represents a $1.36 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Friday, February 10th.
Read our dividend analysis for WMK.

ETFs with the largest weight of Weis Markets (NYSE:WMK) stock in their portfolio include Invesco Dynamic Food & Beverage ETF (PBJ), Hartford Multifactor Small Cap ETF (ROSC), First Trust Active Factor Small Cap ETF (AFSM), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and Vanguard U.S. Momentum Factor ETF (VFMO).

Weis Markets (NYSE:WMK) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.65%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.18%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WMK.

280 employees have rated Weis Markets Chief Executive Officer Jonathan Weis on Glassdoor.com. Jonathan Weis has an approval rating of 61% among the company's employees. This puts Jonathan Weis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at Weis Markets to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Weis Markets investors own include General Mills (GIS), Pembina Pipeline (PBA), Shaw Communications (SJR), Verizon Communications (VZ), Walmart (WMT), Philip Morris International (PM), Ruth's Hospitality Group (RUTH), Universal (UVV), Walgreens Boots Alliance (WBA) and AbbVie (ABBV).

Weis Markets trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMK."

Weis Markets' stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.62%), Renaissance Technologies LLC (1.30%), Geode Capital Management LLC (1.26%), Charles Schwab Investment Management Inc. (1.10%), LSV Asset Management (0.74%) and American Century Companies Inc. (0.66%).
View institutional ownership trends.

Shares of WMK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WMK stock can currently be purchased for approximately $83.82.

Weis Markets (NYSE:WMK) has a market capitalization of $2.25 billion and generates $4.70 billion in revenue each year. The company earns $125.20 million in net income (profit) each year or $4.66 on an earnings per share basis.

The company employs 23,000 workers across the globe.

Weis Markets' mailing address is 1000 S SECOND ST PO BOX 471, SUNBURY PA, 17801. The official website for the company is www.weismarkets.com. The company can be reached via phone at (570) 286-4571 or via fax at 570-286-3286.