Village Super Market Inc. (NASDAQ:VLGEA) issued its earnings results on Thursday. The company reported $0.60 earnings per share (EPS) for the quarter. The firm had revenue of $437.30 million for the quarter. Village Super Market had a return on equity of 9.29% and a net margin of 1.53%.
Shares of Village Super Market (NASDAQ:VLGEA) opened at 31.09 on Monday. Village Super Market has a 52 week low of $23.29 and a 52 week high of $33.00. The company has a market capitalization of $439.21 million, a price-to-earnings ratio of 18.76 and a beta of 0.76. The firm has a 50 day moving average price of $31.75 and a 200 day moving average price of $28.52.
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 27th. Shareholders of record on Thursday, October 6th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, October 4th. This represents a $1.00 annualized dividend and a dividend yield of 3.22%. Village Super Market’s payout ratio is presently 56.50%.
In other Village Super Market news, Director Steven Crystal sold 1,000 shares of the stock in a transaction on Monday, July 18th. The stock was sold at an average price of $30.63, for a total transaction of $30,630.00. Following the sale, the director now directly owns 942,066 shares in the company, valued at approximately $28,855,481.58. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Of Perry Sumas Estate sold 1,630 shares of the stock in a transaction on Monday, August 8th. The shares were sold at an average price of $31.24, for a total value of $50,921.20. Following the sale, the insider now owns 400,405 shares in the company, valued at $12,508,652.20. The disclosure for this sale can be found here. 40.89% of the stock is owned by corporate insiders.
Separately, TheStreet upgraded Village Super Market from a “hold” rating to a “buy” rating in a research note on Friday, July 8th.
About Village Super Market
Village Super Market, Inc is engaged in the retail sale of food and nonfood products. The Company operates a chain of approximately 29 ShopRite supermarkets of which around 18 are located in northern New Jersey, over eight in southern New Jersey, approximately two in Maryland and one in northeastern Pennsylvania.
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