Headlines about Weis Markets (NYSE:WMK) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Weis Markets earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.5048971560358 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, TheStreet downgraded Weis Markets from a “b-” rating to a “c” rating in a research report on Friday, December 8th.
Shares of Weis Markets (NYSE:WMK) traded down $1.13 during trading hours on Monday, reaching $37.48. The company had a trading volume of 71,362 shares, compared to its average volume of 110,806. The company has a quick ratio of 0.80, a current ratio of 1.91 and a debt-to-equity ratio of 0.06. Weis Markets has a 1-year low of $31.26 and a 1-year high of $66.25. The firm has a market capitalization of $1,038.53, a P/E ratio of 13.74 and a beta of 0.62.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 12th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend is Friday, February 9th. Weis Markets’s payout ratio is presently 42.70%.
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Weis Markets Company Profile
Weis Markets, Inc is engaged principally in the retail sale of food 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, fuel and general merchandise items, such as health and beauty care and household products.
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