Kroger (KR) Expected to Announce Earnings on Friday

Kroger (NYSE:KR - Get Free Report) is projected to issue its Q1 2026 quarterly earnings data before the market opens on Friday, June 20th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $45.35 billion for the quarter.

Kroger Stock Performance

Shares of KR stock traded up $0.46 during trading hours on Friday, reaching $65.52. 6,507,714 shares of the company's stock were exchanged, compared to its average volume of 5,787,936. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.54 and a quick ratio of 1.07. The company's 50 day moving average is $68.89 and its two-hundred day moving average is $64.94. The company has a market cap of $43.30 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 2.85 and a beta of 0.58. Kroger has a 1 year low of $49.04 and a 1 year high of $73.63.

Insider Activity at Kroger

In other news, EVP Christine S. Wheatley sold 30,000 shares of the stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $69.44, for a total transaction of $2,083,200.00. Following the transaction, the executive vice president now directly owns 127,737 shares in the company, valued at $8,870,057.28. This represents a 19.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Kenneth C. Kimball sold 11,000 shares of the business's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $65.37, for a total transaction of $719,070.00. Following the completion of the sale, the senior vice president now owns 127,106 shares of the company's stock, valued at approximately $8,308,919.22. The trade was a 7.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 160,815 shares of company stock valued at $11,101,588. 0.44% of the stock is owned by insiders.

Institutional Investors Weigh In On Kroger

A hedge fund recently raised its stake in Kroger stock. Woodline Partners LP grew its holdings in The Kroger Co. (NYSE:KR - Free Report) by 40.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,243 shares of the company's stock after acquiring an additional 16,270 shares during the period. Woodline Partners LP's holdings in Kroger were worth $3,807,000 as of its most recent SEC filing. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Melius raised Kroger from a "sell" rating to a "hold" rating and set a $70.00 target price for the company in a report on Tuesday, May 20th. Roth Capital set a $58.00 price target on shares of Kroger in a report on Thursday, March 6th. Morgan Stanley boosted their price objective on shares of Kroger from $65.00 to $71.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Citigroup upped their target price on shares of Kroger from $61.00 to $65.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Finally, Melius Research upgraded shares of Kroger from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 20th. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $68.06.

Kroger Company Profile

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.