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NGVC

Natural Grocers by Vitamin Cottage, Inc.

NGVC

NYSE·Consumer Defensive·Grocery Stores·Mkt cap $734.3M

$32.60

+2.29%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$23.47 - $45.98

P/E

15.83

Fwd P/E

15.23

Beta

1.29

Div Yield

1.79%

Avg Vol

132.0K

Shares Out

23.0M

Mkt Cap

$734.3M

Price action

Price chart

Down 19.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

6 reasons

  • 68-year brand heritage and customer trust in natural foods retail
  • Extensive private label product portfolio with higher margins and differentiation
  • Science-based nutrition education programs creating customer loyalty and repeat visits
  • Curated product selection emphasizing organic and natural ingredients vs. conventional competitors
  • Focused geographic footprint (20 states) enabling efficient operations and market penetration
  • Vertical integration reducing supply chain costs and improving product quality control

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Steady revenue growth (7% YoY)

Value

Attractively priced below Food Retail & Grocery peer average

Momentum

Hot

+21.9% over 3m

Quality

Stable

Excellent business quality

Dividend

Modest

1.79% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.58 vs $0.56 consensus (+3.6% surprise). Revenue of $337.4M vs $348.0M expected (-3.0%).

EPS beat +3.6%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+3.6%

Next: May 6, 2026

Revenue trend · last 8Q

+9%

+9%

+6%

+4%

+2%

Q2 24

Q3 24

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

$308.1M

$309.1M

$322.7M

$330.2M

$335.8M

$328.7M

$336.1M

$335.6M

Margins · last 8Q

Gross

29.5%

Operating

4.4%

Profit

3.4%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

No analyst coverage on file for this stock yet.

vs Industry

How NGVC stacks vs Grocery Stores

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.