NYSE:WMKWeis Markets Stock Price, Forecast & News

$52.85

-1.48 (-2.72 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$52.48

Now: $52.85▼

$54.08

50-Day Range

$43.93

MA: $52.52▼

$58.58

52-Week Range

$32.44

Now: $52.85▼

$59.39

Volume273,700 shs

Average Volume123,788 shs

Market Capitalization$1.42 billion

P/E Ratio17.73

Dividend Yield2.35%

Beta0.14

Weis Markets, Inc. engages in the retail sale of food in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores primarily under the Weis Markets trade name, as well as trademarks for its product lines and promotions, such as Weis, Weis 2 Go, Weis Wonder Chicken, Weis Great Meals Start Here, Weis Gas-n-Go, and Weis Nutri-Facts. As of March 13, 2018, the company operated 205 retail food stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia, and West Virginia. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Weis Markets.

2.4 Community Rank

Outperform Votes
Weis Markets has received 182 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Weis Markets has received 201 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Weis Markets has received 52.48% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Weis Markets and other stocks. Vote “Outperform” if you believe WMK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WMK will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Weis Markets is a leading dividend payer. It pays a dividend yield of 2.35%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Weis Markets has only been increasing its dividend for 2 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Weis Markets insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 27.00% of the stock of Weis Markets is held by insiders.
Percentage Held by Institutions
36.81% of the stock of Weis Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Weis Markets is 17.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Weis Markets is 17.73, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 47.20.
Price to Book Value per Share Ratio
Weis Markets has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.14 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Grocery stores

Sub-IndustryFood Retail

SectorRetail/Wholesale

Current SymbolNYSE:WMK

Previous Symbol

CUSIP94884910

CIK105418

Webwww.weismarkets.com

Phone570-286-4571

Debt

Debt-to-Equity Ratio0.16

Current Ratio1.71

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio17.73

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.54 billion

Price / Sales0.40

Cash Flow$5.85 per share

Price / Cash Flow9.04

Book Value$39.36 per share

Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$67.98 million

Net Margins2.20%

Return on Equity7.61%

Return on Assets4.85%

Miscellaneous

Employees23,000

Outstanding Shares26,898,000

Market Cap$1.42 billion

Next Earnings Date8/7/2020 (Estimated)

OptionableOptionable

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Weis Markets (NYSE:WMK) Frequently Asked Questions

How has Weis Markets' stock been impacted by COVID-19 (Coronavirus)?

Weis Markets' stock was trading at $36.39 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WMK stock has increased by 45.2% and is now trading at $52.85. View which stocks have been most impacted by Coronavirus.

When is Weis Markets' next earnings date?

Weis Markets is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Weis Markets.

How were Weis Markets' earnings last quarter?

Weis Markets, Inc. (NYSE:WMK) released its earnings results on Monday, May, 4th. The company reported $0.99 earnings per share for the quarter. The firm had revenue of $985.82 million for the quarter. Weis Markets had a net margin of 2.20% and a return on equity of 7.61%. View Weis Markets' earnings history.

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

Weis Markets declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, May 11th will be given a dividend of $0.31 per share on Tuesday, May 26th. This represents a $1.24 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, May 8th. View Weis Markets' dividend history.

Has Weis Markets been receiving favorable news coverage?

Media coverage about WMK stock has been trending very negative on Friday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing 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. Weis Markets earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutWeis Markets.

Are investors shorting Weis Markets?

Weis Markets saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,570,000 shares, a drop of 6.5% from the April 30th total of 1,680,000 shares. Based on an average trading volume of 139,200 shares, the days-to-cover ratio is presently 11.3 days. Approximately 9.6% of the shares of the company are sold short. View Weis Markets' Current Options Chain.

Who are some of Weis Markets' key competitors?

Some companies that are related to Weis Markets include Kroger (KR), Casey's General Stores (CASY), Ingles Markets (IMKTA), Village Super Market (VLGEA) and Natural Grocers by Vitamin Cottage (NGVC). View all competitors.

What other stocks do shareholders of Weis Markets own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Weis Markets investors own include Verizon Communications (VZ), AbbVie (ABBV), General Mills (GIS), Vermilion Energy (VET), Walgreens Boots Alliance (WBA), Enbridge (ENB), Kohl's (KSS), Altria Group (MO), ONEOK (OKE) and Pembina Pipeline (PBA).

Who are Weis Markets' key executives?

Weis Markets' management team includes the following people:

Mr. Jonathan H. Weis, Chairman, CEO & Pres (Age 51)
Mr. Scott F. Frost, Sr. VP, CFO & Treasurer (Age 56)
Mr. Kurt A. Schertle, Chief Operating Officer (Age 47)
Mr. David William Gose II, Sr. VP of Operations (Age 52)
Mr. Harold G. Graber Jr., Sr. VP of Real Estate & Devel., Sec. and Director (Age 63)

What is Weis Markets' stock symbol?

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

Who are Weis Markets' major shareholders?

Weis Markets' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.36%), Bank of New York Mellon Corp (1.33%), State Street Corp (1.09%), Geode Capital Management LLC (0.76%), Morgan Stanley (0.71%) and Morgan Stanley (0.71%). Company insiders that own Weis Markets stock include Kurt A Schertle, Scott F Frost and Wayne S Bailey. View institutional ownership trends for Weis Markets.

Which institutional investors are selling Weis Markets stock?

WMK stock was sold by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, BlackRock Inc., State Street Corp, Dean Capital Management, AQR Capital Management LLC, UBS Group AG, M&G Investment Management Ltd., and Alberta Investment Management Corp. View insider buying and selling activity for Weis Markets.

Which institutional investors are buying Weis Markets stock?

WMK stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Wells Fargo & Company MN, Aperio Group LLC, Bessemer Group Inc., Trexquant Investment LP, Morgan Stanley, Morgan Stanley, and Monarch Partners Asset Management LLC. Company insiders that have bought Weis Markets stock in the last two years include Kurt A Schertle, Scott F Frost, and Wayne S Bailey. View insider buying and selling activity for Weis Markets.

How do I buy shares of Weis Markets?

Shares of WMK 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 Weis Markets' stock price today?

One share of WMK stock can currently be purchased for approximately $52.85.

How big of a company is Weis Markets?

Weis Markets has a market capitalization of $1.42 billion and generates $3.54 billion in revenue each year. Weis Markets employs 23,000 workers across the globe.

What is Weis Markets' official website?

The official website for Weis Markets is www.weismarkets.com.

How can I contact Weis Markets?

Weis Markets' mailing address is 1000 S SECOND ST PO BOX 471, SUNBURY PA, 17801. The company can be reached via phone at 570-286-4571.

This page was last updated on 6/5/2020 by MarketBeat.com Staff