Is SpartanNash a good stock to buy?
The P/E ratio of SpartanNash is 14.23, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.78. SpartanNash has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Is SpartanNash a buy right now?
Is SpartanNash’s dividend sustainable?
SpartanNash pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends. SpartanNash has been increasing its dividend for 12 years. The dividend payout ratio of SpartanNash is 45.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Is Spartan Stores (sptn) a great dividend stock right now?
Spartan Stores (SPTN) is a Top Dividend Stock Right Now: Should You Buy? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Spartan Stores (SPTN) have what it takes?
Will SpartanNash (sptn) outperform or underperform the S&P 500 over the long term?
Vote “Outperform” if you believe SPTN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPTN will underperform the S&P 500 over the long term. You may vote once every thirty days. SpartanNash pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.
Is Spartan Nash a good investment?
SpartanNash has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Is Sptn stock a buy?
Analyst Price Target on SPTN Based on 4 Wall Street analysts offering 12 month price targets for SpartanNash Co in the last 3 months. The average price target is $28.00 with a high forecast of $29.01 and a low forecast of $26.00. The average price target represents a -7.07% change from the last price of $30.13.
What sector is Sptn in?
Consumer DiscretionaryKey DataLabelValueExchangeNASDAQ-GSSectorConsumer DiscretionaryIndustryFood Distributors1 Year Target$27.5014 more rows
Is Spartan Nash a public company?
SpartanNash (formerly Spartan Stores, Nash Finch) is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan....SpartanNash.Trade nameSpartanNashTypePublicTraded asNasdaq: SPTN S&P 600 ComponentIndustryRetailer Distribution10 more rows
Who bought SpartanNash?
Under the warrant agreement, Amazon secured the rights to acquire up to 5.44 million shares of SpartanNash for $17.73 per share through Oct. 7, 2027, or an investment of $96.4 million if fully exercised, according to a SpartanNash regulatory filing.
How big is SpartanNash?
SpartanNash currently operates more than 148 corporate-owned grocery stores in nine states, and distributes to more than 2,100 independent locations throughout the country. Our primary retail banners include Family Fare, Martin's Super Markets and D&W Fresh Market.
Who owns Nash Finch?
SpartanNashNash Finch Company / Parent organizationSpartan Stores announced its acquisition of Nash Finch in a $1.3 billion stock-swap in 2013.
Who owns the Our Family brand?
SpartanNashIt was acquired by SpartanNash as part of its acquisition of distributor Nash Finch in 2013. The line includes nearly 2,000 items across almost all aisles of the grocery store.
What happened to Spartan brand foods?
This week the grocery store chain merged with Minneapolis-based grocery distributor Nash Finch. It's a lot bigger than Spartan. It's the largest food supplier to stores on military bases. The new company, now known as SpartanNash, is worth more than $7 billion.
Who is the CEO of SpartanNash?
Tony Sarsam (Sep 2020–)SpartanNash / CEOPresident and Chief Executive Officer As President and CEO of Fortune 400 grocery retailer and distributor SpartanNash (Nasdaq: SPTN), Tony Sarsam leads 19,000 associates serving customers in all 50 states as well as U.S. military troops overseas.
Does SpartanNash own Family Fare?
Our Family is just one of SpartanNash's private brands, each offering something for every shopper and for every family. In every aisle of our Family Fare stores, you can choose from a wide array of private brands, including Our Family, Open Acres, and more quality brands.
Should I buy or sell SpartanNash stock right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last twelve months. There are currently 2 hold...
What is SpartanNash's stock price forecast for 2022?
3 brokers have issued 12-month price targets for SpartanNash's stock. Their forecasts range from $16.50 to $29.00. On average, they expect SpartanN...
How has SpartanNash's stock price performed in 2022?
SpartanNash's stock was trading at $25.76 on January 1st, 2022. Since then, SPTN stock has increased by 25.7% and is now trading at $32.38. View t...
When is SpartanNash's next earnings date?
SpartanNash is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022. View our earnings forecast for Sparta...
How were SpartanNash's earnings last quarter?
SpartanNash (NASDAQ:SPTN) issued its quarterly earnings results on Thursday, June, 2nd. The company reported $0.83 earnings per share (EPS) for the...
How often does SpartanNash pay dividends? What is the dividend yield for SpartanNash?
SpartanNash declared a quarterly dividend on Wednesday, June 1st. Investors of record on Wednesday, June 15th will be given a dividend of $0.21 per...
Is SpartanNash a good dividend stock?
SpartanNash(NASDAQ:SPTN) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.59%. SpartanNash has been increasing it...
What guidance has SpartanNash issued on next quarter's earnings?
SpartanNash issued an update on its first quarter 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share (EPS) guid...
Who are SpartanNash's key executives?
SpartanNash's management team includes the following people: Mr. Tony Bashir Sarsam , Pres, CEO & Director (Age 60, Pay $2.98M) Mr. Jason Monaco...
How much does SpartanNash make?
What is the dividend payout ratio of SpartanNash?
SpartanNash has a market capitalization of $675.51 million and generates $9.35 billion in revenue each year. The company earns $75.91 million in net income (profit) each year or $2.53 on an earnings per share basis.
What is SpartanNash 2021?
SpartanNash does not yet have a strong track record of dividend growth. The dividend payout ratio of SpartanNash is 31.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SpartanNash will have a dividend payout ratio of 39.41% next year.
What is the SpartanNash Foundation?
GRAND RAPIDS, Mich., Jun 17, 2021--As part of its commitment to make online shopping for groceries accessible, affordable and convenient, Fortune 400 grocery retailer and distributor SpartanNash Company (the "Company") (Nasdaq: SPTN) today announced expanded benefits available exclusively for its Fast Lane™ subscribers.
Who is retiring from SpartanNash?
GRAND RAPIDS, Mich., June 29, 2021--The SpartanNash Foundation, the charitable organization operated by Fortune 400 grocery retailer and distributor SpartanNash (Nasdaq: SPTN ), today announced a donation of $243,750 to Special Olympics to advance support and inclusion programs for people with intellectual disabilities.
Is SpartanNash a military company?
GRAND RAPIDS, Mich.-- (BUSINESS WIRE)--SpartanNash (Nasdaq: SPTN) announced today that Dennis Eidson will retire as Chairman of the SpartanNash Board of Directors and step down from the Board when his te...
Analyst price target for SPTN
SpartanNash Company's new CEO has promised to turn around its legacy military business, which has been weighing down its profits, as well as to optimize its other processes. The company's business is un...
SPTN earnings per share forecast
Based on 1 analyst offering 12 month price targets for SpartanNash Co.
SPTN revenue forecast
What is SPTN 's earnings per share in the next 3 years based on estimates from 2 analyst s?
SPTN earnings growth forecast
What is SPTN 's revenue in the next 3 years based on estimates from 2 analyst s?
SPTN revenue growth forecast
How is SPTN forecast to perform vs Consumer Defensive companies and vs the US market?
