Weis Markets (WMK) Stock Price, News & Analysis

Company Overview

Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores in Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia primarily under the Weis Markets name, as well as Weis, Weis 2 Go, Weis Great Meals Start Here, Weis Gas-n-Go, and Weis Nutri-Facts. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania.

Key Stats

• Today's Range: $71.58 to $73.14
• 50-Day Range: $62.89 to $75.91
• 52-Week Range: $58.87 to $76.62
• Volume: 72,776 shs
• Average Volume: 87,283 shs
• Market Capitalization: $1.93 billion
• P/E Ratio: 20.14
• Dividend Yield: 1.90%
• Price Target: N/A
• Consensus Rating: N/A

Weis Markets Stock Analysis - MarketRank™

Weis Markets scored higher than 24% of companies evaluated by MarketBeat, and ranked 194th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Weis Markets.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Weis Markets is 20.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.23.

Price to Earnings Ratio vs. Sector

The P/E ratio of Weis Markets is 20.14, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 109.56.

Price to Book Value per Share Ratio

Weis Markets has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.31% of the float of Weis Markets has been sold short.

Short Interest Ratio / Days to Cover

Weis Markets has a short interest ratio ("days to cover") of 23, which indicates bearish sentiment.

Change versus previous month

Short interest in Weis Markets has recently increased by 0.60%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Weis Markets pays a meaningful dividend of 1.86%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Weis Markets does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Weis Markets is 38.20%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.31% of the float of Weis Markets has been sold short.

Short Interest Ratio / Days to Cover

Weis Markets has a short interest ratio ("days to cover") of 23, which indicates bearish sentiment.

Change versus previous month

Short interest in Weis Markets has recently increased by 0.60%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.07

News Sentiment

Weis Markets has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Weis Markets this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Weis Markets to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Weis Markets insiders have not sold or bought any company stock.

Percentage Held by Insiders

27.10% of the stock of Weis Markets is held by insiders. A high percentage of insider ownership can be a sign of company health.

WMK Stock Analysis - Frequently Asked Questions

How have WMK shares performed this year?

Weis Markets' stock was trading at $63.96 at the beginning of the year. Since then, WMK shares have increased by 12.1% and is now trading at $71.71.
View the best growth stocks for 2024 here.

How were Weis Markets' earnings last quarter?

Weis Markets, Inc. (NYSE:WMK) released its earnings results on Friday, August, 2nd. The company reported $0.76 EPS for the quarter. The business had revenue of $887.97 million for the quarter. Weis Markets had a trailing twelve-month return on equity of 6.85% and a net margin of 2.01%.

Who are Weis Markets' major shareholders?

Weis Markets' top institutional investors include Geode Capital Management LLC (1.62%), State Street Corp (1.59%), Charles Schwab Investment Management Inc. (1.50%) and GSA Capital Partners LLP (0.19%). Insiders that own company stock include Kurt A Schertle, Edward John Lauth III, Robert G Gleeson and Michael T Lockard.
View institutional ownership trends.

How do I buy shares of Weis Markets?

Shares of WMK 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Weis Markets own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Weis Markets investors own include American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/02/2019
• Ex-Dividend for 11/26 Dividend: 11/12/2024
• Dividend Payable: 11/26/2024
• Today: 12/04/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Grocery stores
• Sub-Industry: Food Retail
• Current Symbol: NYSE:WMK
• CUSIP: 94884910
• CIK: 105418
• Web: www.weismarkets.com
• Phone: (570) 286-4571
• Fax: 570-286-3286
• Employees: 23,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.56
• Trailing P/E Ratio: 20.14
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $103.83 million
• Net Margins: 2.01%
• Pretax Margin: 2.86%
• Return on Equity: 6.85%
• Return on Assets: 4.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.59
• Quick Ratio: 1.66

Sales & Book Value

• Annual Sales: $4.70 billion
• Price / Sales: 0.41
• Cash Flow: $8.37 per share
• Price / Cash Flow: 8.57
• Book Value: $48.40 per share
• Price / Book: 1.48

Miscellaneous

• Outstanding Shares: 26,900,000
• Free Float: 19,609,000
• Market Cap: $1.93 billion
• Optionable: Optionable
• Beta: 0.51