SpartanNash (SPTN) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPTN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPTN, but not buy additional shares or sell existing shares.
View SPTN analyst ratings or view top-rated stocks.

1 analysts have issued 1 year price objectives for SpartanNash's shares. Their SPTN share price targets range from $22.00 to $22.00. On average, they predict the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
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SpartanNash's stock was trading at $22.95 at the start of the year. Since then, SPTN stock has decreased by 17.0% and is now trading at $19.05.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024.
View our SPTN earnings forecast.

SpartanNash (NASDAQ:SPTN) issued its earnings results on Thursday, February, 15th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.03. The business had revenue of $2.25 billion for the quarter, compared to analysts' expectations of $2.27 billion. SpartanNash had a net margin of 0.54% and a trailing twelve-month return on equity of 9.86%. The business's revenue was down 2.8% compared to the same quarter last year. During the same period last year, the business earned $0.28 EPS.

SpartanNash announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.2175 per share on Thursday, March 28th. This represents a $0.87 annualized dividend and a dividend yield of 4.57%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for SPTN.

SpartanNash (NASDAQ:SPTN) pays an annual dividend of $0.87 per share and currently has a dividend yield of 4.61%. SPTN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 58.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPTN will have a dividend payout ratio of 40.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPTN.

ETFs with the largest weight of SpartanNash (NASDAQ:SPTN) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco S&P SmallCap 600 Revenue ETF (RWJ).

SpartanNash issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 1.850-2.100 for the period, compared to the consensus estimate of 2.400. The company issued revenue guidance of $9.7 billion-$9.9 billion, compared to the consensus revenue estimate of $9.9 billion.

5 employees have rated SpartanNash Chief Executive Officer Tony Sarsam on Glassdoor.com. Tony Sarsam has an approval rating of 81% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other SpartanNash investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), AbbVie (ABBV), Crown Castle (CCI), NVIDIA (NVDA), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Verizon Communications (VZ), Enbridge (ENB) and Energy Transfer (ET).

SpartanNash's stock is owned by many different retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.05%). Insiders that own company stock include Bing Xue, Frank Gambino, Hawthorne L Proctor, Kathleen M Mahoney, Matthew Mannelly, William R Voss and William R Voss.
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Shares of SPTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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