Ingles Markets, Incorporated (IMKTA)

NASDAQ: IMKTA · IEX Real-Time Price · USD
79.21
-0.41 (-0.51%)
At close: Sep 30, 2022 4:00 PM
75.83
-3.38 (-4.27%)
After-hours: Sep 30, 2022 6:05 PM EDT
-0.51%
Market Cap 1.50B
Revenue (ttm) 5.56B
Net Income (ttm) 274.34M
Shares Out 18.99M
EPS (ttm) 14.42
PE Ratio 5.49
Forward PE 9.03
Dividend $0.66 (0.83%)
Ex-Dividend Date Oct 5, 2022
Volume 88,421
Open 79.86
Previous Close 79.62
Day's Range 78.32 - 80.66
52-Week Range 64.44 - 102.88
Beta 0.55
Analysts Buy
Price Target n/a
Earnings Date Aug 3, 2022

About IMKTA

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors,... [Read more...]

Industry Food & Staples Retailing
Founded 1963
CEO James Lanning
Employees 10,920
Stock Exchange NASDAQ
Ticker Symbol IMKTA
Full Company Profile

Financial Performance

In 2021, IMKTA's revenue was $4.99 billion, an increase of 8.18% compared to the previous year's $4.61 billion. Earnings were $249.73 million, an increase of 39.83%.

Financial Statements

Analyst Forecast

No stock price forecast available yet.

Price Target
n/a
Analyst Consensus: Buy
Stock Forecasts

News

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) ...

6 days ago - Business Wire

Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2022

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales for the three and nine months ended June 25, 2022. Robert P. Ingle II, Chairman o...

1 month ago - Business Wire

Dave & Busters, USA Truck See Activist Investor Action

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2 months ago - Market Watch

3 Undervalued Predictable Stocks in the Consumer Cyclical Space

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3 months ago - GuruFocus

Ingles Markets, Incorporated Reports Sales and Net Income for Second Quarter and First Six Months of Fiscal 2022

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and six months ended March 26, 2022. The coronavirus (COVID-19)...

4 months ago - Business Wire

Over 19 Years, Old Faithful Has Averaged a 21% Return

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5 months ago - GuruFocus

Ingles Markets, Incorporated Announces New Chief Financial Officer

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) is pleased to announce the promotion of Patricia (Pat) E. Jackson to Chief Financial Officer (CFO) effective February 23, 2...

7 months ago - Business Wire

Grocery Store Value Stock Pays Dividends

Ingles Markets ( IMKTA , Financial) is different than most other grocery stores chains because it owns (rather than leases or rents) its properties. Ideally, as the business inside continues to be good,...

7 months ago - GuruFocus

Ingles Markets, Incorporated Reports Sales and Net Income for First Quarter Fiscal 2022

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three months ended December 25, 2021. The coronavirus (COVID-19) pand...

7 months ago - Business Wire

Ingles Markets, Incorporated CFO Ron Freeman to Retire

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) announced today that its vice president-finance and chief financial officer, Ronald B. Freeman is retiring effective Februa...

9 months ago - Business Wire

Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and twelve months ended September 25, 2021. The coronavirus (CO...

10 months ago - Business Wire

Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and nine months ended June 26, 2021. The coronavirus...

1 year ago - Business Wire

Ingles Markets, Incorporated Announces Closing of its Senior Notes Offering

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (“Ingles” or the “Company”) (NASDAQ: IMKTA) today announced the closing of its previously announced private offering of $350.0 million aggr...

1 year ago - Business Wire

Ingles Markets, Incorporated Announces Pricing of its Senior Notes Offering

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (“Ingles” or the “Company”) (NASDAQ: IMKTA) today announced the pricing of its previously announced private offering of $350.0 million aggr...

1 year ago - Business Wire

Ingles Markets, Incorporated Announces Offering of Senior Notes

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (“Ingles” or the “Company”) (NASDAQ: IMKTA) today announced that it is commencing a private offering of $350.0 million aggregate principal ...

1 year ago - Business Wire

Ingles Markets: Big Earnings Per Share in a Narrow-Margin Industry

Looking for a consumer defensive stock that provides a high return on equity plus a modest dividend?

1 year ago - GuruFocus

Ingles Markets, Incorporated Reports Sales and Net Income for Second Quarter and First Six Months of Fiscal 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and six months ended March 27, 2021. The coronavirus (COVID-19)...

1 year ago - Business Wire

5 Consumer Defensive Companies Boosting Book Value

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The Old Faithful Screen Has Lived Up to Its Name

I've never seen the Old Faithful Geyser in Yellowstone National Park, but I'm grateful to it.

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1 year ago - GuruFocus

Ingles Markets, Incorporated Announces Company-Wide Hiring Fair for May 11 - May 13, 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces a company-wide, in-person hiring fair for all Retail Store & Distribution Center locations for Tuesday...

1 year ago - Business Wire

Ingles Markets Pharmacy Partners with DHEC and NAACP for COVID-19 Vaccine Clinic

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) has partnered with the South Carolina Department of Health and Environmental Control (DHEC) and the National Ass...

1 year ago - Business Wire

Ingles Markets Expands COVID-19 Vaccinations to Every Pharmacy Location Company-Wide

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces that all 111 of the Company's pharmacy locations have provided COVID-19 vaccinations to their communit...

1 year ago - Business Wire

Ingles Pharmacy Administers COVID-19 Vaccines to Frontline Employees in On-Site Clinic

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) is working to vaccinate the Company's distribution center and office associates with on-site clinics. Ingles Pha...

1 year ago - Business Wire

Ingles to Provide Paid Time to Vaccinated Associates

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces plans to provide paid time for its fully vaccinated associates. Full-time associates will receive ten ...

1 year ago - Business Wire

Ingles Markets, Incorporated Announces Distribution Center Job Fair for March 29, 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces an in-person job fair at the Distribution Center in Black Mountain, NC for Monday, March 29th from 10 ...

1 year ago - Business Wire