Weis Markets - WMK Stock Forecast, Price & News

Weis Markets' stock was trading at $65.88 at the beginning of the year. Since then, WMK shares have increased by 20.4% and is now trading at $79.35.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our WMK earnings forecast.

Weis Markets, Inc. (NYSE:WMK) released its quarterly earnings results on Monday, August, 1st. The company reported $1.35 earnings per share (EPS) for the quarter. The business earned $1.14 billion during the quarter. Weis Markets had a net margin of 2.69% and a trailing twelve-month return on equity of 9.64%.

Weis Markets announced a quarterly dividend on Saturday, July 16th. Stockholders of record on Monday, July 25th will be given a dividend of $0.32 per share on Monday, August 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, July 22nd. This is an increase from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for WMK.

Weis Markets (NYSE:WMK) pays an annual dividend of $1.28 per share and currently has a dividend yield of 1.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.96%. 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 Victory Capital Management Inc. (0.84%), Robeco Institutional Asset Management B.V. (0.65%), Allspring Global Investments Holdings LLC (0.21%), Swiss National Bank (0.14%), Lazard Asset Management LLC (0.11%) and JPMorgan Chase & Co. (0.10%). Insiders that own company stock include Michael T Lockard and Michael T Lockard.
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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 $79.35.

Weis Markets (NYSE:WMK) has a market capitalization of $2.13 billion and generates $4.22 billion in revenue each year. The company earns $108.85 million in net income (profit) each year or $4.42 on an earnings per share basis.

The company employs 24,000 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.