Natural Grocers by Vitamin Cottage (NYSE:NGVC) Updates FY 2022 Earnings Guidance

Natural Grocers by Vitamin Cottage (NYSE:NGVC) issued an update on its FY 2022 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.750-$0.870 for the period. The company issued revenue guidance of -.

NYSE:NGVC opened at $14.21 on Thursday. The firm has a 50 day moving average price of $11.84. The company has a current ratio of 1.03, a quick ratio of 0.22 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $321.42 million, a price-to-earnings ratio of 18.95 and a beta of 1.24. Natural Grocers by Vitamin Cottage has a 1-year low of $9.88 and a 1-year high of $18.75.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings data on Thursday, November 18th. The specialty retailer reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $272.65 million during the quarter. Natural Grocers by Vitamin Cottage had a net margin of 1.63% and a return on equity of 11.93%. Equities analysts expect that Natural Grocers by Vitamin Cottage will post 0.71 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 15th. Stockholders of record on Monday, November 29th will be given a $0.10 dividend. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.07. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend is Friday, November 26th. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 37.33%.

Several institutional investors have recently bought and sold shares of NGVC. Morgan Stanley lifted its position in shares of Natural Grocers by Vitamin Cottage by 44.2% in the 2nd quarter. Morgan Stanley now owns 43,396 shares of the specialty retailer’s stock worth $466,000 after buying an additional 13,294 shares during the last quarter. Bank of America Corp DE increased its stake in Natural Grocers by Vitamin Cottage by 6.2% during the 2nd quarter. Bank of America Corp DE now owns 27,566 shares of the specialty retailer’s stock valued at $296,000 after buying an additional 1,611 shares during the period. Millennium Management LLC acquired a new position in Natural Grocers by Vitamin Cottage during the 2nd quarter valued at about $285,000. Invesco Ltd. increased its stake in Natural Grocers by Vitamin Cottage by 4.7% during the 3rd quarter. Invesco Ltd. now owns 30,260 shares of the specialty retailer’s stock valued at $340,000 after buying an additional 1,372 shares during the period. Finally, Citadel Advisors LLC acquired a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at about $920,000. Institutional investors own 33.10% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc engages in the retail of natural and organic groceries and dietary supplements. It products include natural & organic food, dietary supplements, natural body care, household and pet care products. The company was founded by Margaret Isely and Henry Philip Isely in 1955 and is headquartered in Lakewood, CO.

Featured Story: Cost of Capital

Receive News & Ratings for Natural Grocers by Vitamin Cottage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Grocers by Vitamin Cottage and related companies with MarketBeat.com's FREE daily email newsletter.