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) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable October 15, 2026, to all shareholders of record on October 8, 2.
Raia Drogasil (OTCMKTS:RADLY - Get Free Report) and Ingles Markets (NASDAQ: IMKTA - Get Free Report) are both consumer staples companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, institutional ownership, risk, profitability, analyst recommendations and earnings. Insider and Institutional Ownership 62.5% of Ingles
Ingles Markets remains a 'strong buy' despite recent share underperformance and profitability headwinds. IMKTA trades at a deep discount on absolute and relative valuation metrics, with a forward price-to-sales of 0.29 and price-to-book of 0.93. The company boasts a robust balance sheet, with net leverage at just 0.17 and net debt of only $48 million.
Ingles Markets (NASDAQ: IMKTA - Get Free Report) and Dollar Tree (NASDAQ: DLTR - Get Free Report) are both consumer staples companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, earnings, risk, profitability, analyst recommendations and dividends. Earnings and Valuation This table compares Ingles
Bank of America Corp DE increased its stake in Ingles Markets, Incorporated (NASDAQ: IMKTA) by 22.0% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,571 shares of the company's stock after acquiring an additional 9,480 shares
Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and nine months ended June 27, 2026.Robert P. Ingle II, Chairman of the Board,
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and nine months ended June 27, 2026. Robert P. Ingle II, Chairman of the Board, stated, “We are pleased with our results and thank our associates for their continued focus on our customers' experience as we strive to provide value, selection and quality offerings.” Third Quarter Results Net sales totaled $1.37 billion for the quarter ended June 27, 2026, compared with $1.35 billio.
Ingles Markets, Incorporated (NASDAQ: IMKTA - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $85.21 and traded as high as $93.62. Ingles Markets shares last traded at $92.70, with a volume of 121,952 shares changing hands. Wall
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) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable July 16, 2026, to all shareholders of record on July 9, 2026.Ing.
Ingles Markets is rated a buy, with a target valuation of $110–$120 per share, reflecting significant undervalued real estate assets. IMKTA's ownership of 174 out of 197 store properties, 102 shopping centers, and a large dairy plant provides operational resilience and margin protection. Activist investor Summer Road LLC's board seat win increases pressure for asset monetization, such as REIT spinoffs or special dividends from land sales.
