NYSEAMERICAN:DIT

AMCON Distributing (DIT) Stock Forecast, Price & News

$206.00

+6.00 (+3.00%)

(As of 09/29/2023 ET)

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Today's Range: $199.61
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$208.50
50-Day Range: $163.20
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$220.00
52-Week Range: $154.04
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$249.99

Volume: 576 shs
Average Volume: 709 shs
Market Capitalization: $125.66 million

P/E Ratio: 9.15
Dividend Yield: 0.35%
Price Target: N/A

About AMCON Distributing (NYSEAMERICAN:DIT) Stock

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 retailers, 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, and specialty foods consisting of produce, baked goods, frozen foods, nutritional supplements, personal care items, and general merchandise. Further, the company operates twenty retail health food stores under the Chamberlin's Natural Foods, Akin's Natural Foods, and Earth Origins Market brands. AMCON Distributing Company was incorporated in 1986 and is based in Omaha, Nebraska.

DIT Price History

30 days | 90 days | 365 days | Advanced Chart

DIT Stock News Headlines

September 26, 2023 | americanbankingnews.com

AMCON Distributing (NYSEAMERICAN:DIT) Shares Pass Above 50 Day Moving Average of $181.08

July 18, 2023 | finance.yahoo.com

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

October 1, 2023 | Goldco (Ad)

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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

October 1, 2023 | Goldco (Ad)

Biden's Digital Dollar Nightmare

February 6, 2023 | finance.yahoo.com

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

February 4, 2023 | seekingalpha.com

AMCON Distributing Offers A Good Mix Of Growth And Improved Profitability

January 30, 2023 | benzinga.com

Wednesday Is Your Last Chance To Buy Amcon Distributing Before The Dividend Payout

January 26, 2023 | seekingalpha.com

AMCON Distributing declares $0.18 dividend

January 18, 2023 | msn.com

AMCON Distributing GAAP EPS of $4.46, revenue of $565.98M

January 18, 2023 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Quarter Ended December 31, 2022

December 22, 2022 | msn.com

AMCON Distributing declares $5.00 dividend

December 22, 2022 | seekingalpha.com

AMCON Distributing declares $5.00 dividend

December 8, 2022 | finance.yahoo.com

AMCON Distributing Company Acquires Henry’s Foods, Inc.

November 24, 2022 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Fiscal Year Ended September 30, 2022

November 23, 2022 | seekingalpha.com

AMCON Distributing GAAP EPS of $28.59, revenue of $2.01B

August 1, 2022 | msn.com

Amcon Distributing's Ex-Dividend Date Is Thursday, Here's What You Need To Know

July 20, 2022 | markets.businessinsider.com

Tech Shares Move Higher, Nasdaq Jumps 200 Points

July 19, 2022 | uk.investing.com

AMCON Distributing Reports Q2 EPS of $10.27

July 19, 2022 | morningstar.com

Amcon Distributing Co - Stock Quote DIT

July 18, 2022 | finance.yahoo.com

AMCON Distributing Company Reports Results for the Quarter Ended June 30, 2022

May 30, 2022 | benzinga.com

Amcon Distributing (AMEX:DIT), Short Interest Report

May 2, 2022 | benzinga.com

Amcon Distributing: Dividend Insights

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DIT Company Calendar

Last Earnings: 7/18/2023
Ex-Dividend for 8/17 Dividend: 8/03/2023
Dividend Payable: 8/17/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/21/2023
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Groceries, general line
Sub-Industry: N/A
Sector: Retail/Wholesale
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: 1,217
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $22.52
Trailing P/E Ratio: 9.15
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $16.67 million
Net Margins: 0.53%
Pretax Margin: 0.77%
Return on Equity: 13.82%
Return on Assets: 4.07%

Debt

Debt-to-Equity Ratio: 1.54
Current Ratio: 2.94
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $2.01 billion
Price / Sales: 0.06
Cash Flow: $34.74 per share
Price / Cash Flow: 5.93
Book Value: $158.74 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 610,000
Free Float: 169,000
Market Cap: $125.66 million
Optionable: Not Optionable
Beta: 0.40

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Key Executives

Mr. Christopher H. Atayan (Age 63)
Chairman & CEO
Comp: $2.75M

Mr. Andrew C. Plummer (Age 49)
Pres, COO & Director
Comp: $1.16M

Mr. Charles J. Schmaderer (Age 54)
CFO, VP & Corp. Sec.
Comp: $545.6k

Mr. Philip E. Campbell (Age 61)
Sr. VP of Planning & Compliance

Key Competitors

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Institutional Ownership

View All Institutional Transactions

DIT Stock - Frequently Asked Questions

How have DIT shares performed in 2023?: AMCON Distributing's stock was trading at $181.00 at the start of the year. Since then, DIT shares have increased by 13.8% and is now trading at $206.00.
View the best growth stocks for 2023 here.
When is AMCON Distributing's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our DIT earnings forecast.
How were AMCON Distributing's earnings last quarter?: AMCON Distributing (NYSEAMERICAN:DIT) announced its earnings results on Tuesday, July, 18th. The company reported $6.59 EPS for the quarter. The company earned $696.49 million during the quarter. AMCON Distributing had a trailing twelve-month return on equity of 13.82% and a net margin of 0.53%.
How often does AMCON Distributing pay dividends? What is the dividend yield for AMCON Distributing?: AMCON Distributing announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Friday, August 4th will be paid a dividend of $0.18 per share on Thursday, August 17th. This represents a $0.72 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, August 3rd.
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 0.35%. The dividend payout ratio is 3.20%. 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).

What is AMCON Distributing's stock symbol?: AMCON Distributing trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "DIT."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AMCON Distributing's stock price today?: One share of DIT stock can currently be purchased for approximately $206.00.
How much money does AMCON Distributing make?: AMCON Distributing (NYSEAMERICAN:DIT) has a market capitalization of $125.66 million and generates $2.01 billion in revenue each year. The company earns $16.67 million in net income (profit) each year or $22.52 on an earnings per share basis.
How many employees does AMCON Distributing have?: The company employs 1,217 workers across the globe.
How can I contact AMCON Distributing?: AMCON Distributing's mailing address is 68164-7940 7405 Irvington Rd PO Box 641940, OMAHA, NE 68164-7940, United States. The official website for the company is www.amcon.com. The company can be reached via phone at (402) 331-3727, via email at investorrelations@amcon.com, or via fax at 402-331-4834.

This page (NYSEAMERICAN:DIT) was last updated on 10/1/2023 by MarketBeat.com Staff

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