Weis Markets - WMK Stock Forecast, Price & News

Weis Markets' stock was trading at $82.29 at the beginning of 2023. Since then, WMK stock has increased by 4.7% and is now trading at $86.17.
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The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023.
View our WMK earnings forecast.

Weis Markets, Inc. (NYSE:WMK) announced its earnings results on Friday, August, 2nd. The company reported $0.76 earnings per share for the quarter. The firm earned $887.97 million during the quarter. Weis Markets had a net margin of 2.64% and a trailing twelve-month return on equity of 9.51%.

Weis Markets declared a quarterly dividend on Thursday, October 27th. Stockholders of record on Monday, November 7th will be given a dividend of $0.34 per share on Monday, November 21st. This represents a $1.36 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Friday, November 4th. 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 $1.36 per share and currently has a dividend yield of 1.58%. 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 30.70%. 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 a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.17%), Summit Global Investments (0.07%), CWM LLC (0.07%), New York State Common Retirement Fund (0.07%), SummerHaven Investment Management LLC (0.04%) and Strs Ohio (0.03%).
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 $86.17.

Weis Markets (NYSE:WMK) has a market capitalization of $2.32 billion and generates $4.22 billion in revenue each year. The company earns $108.85 million in net income (profit) each year or $4.43 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.