Telsey Advisory Group Forecasts Lower Earnings for Kroger

The Kroger Co. (NYSE:KR - Free Report) - Analysts at Telsey Advisory Group dropped their Q2 2026 EPS estimates for Kroger in a report issued on Monday, June 23rd. Telsey Advisory Group analyst J. Feldman now forecasts that the company will post earnings per share of $1.01 for the quarter, down from their prior estimate of $1.03. Telsey Advisory Group currently has a "Outperform" rating and a $82.00 target price on the stock. The consensus estimate for Kroger's current full-year earnings is $4.44 per share. Telsey Advisory Group also issued estimates for Kroger's Q3 2026 earnings at $1.05 EPS, Q4 2026 earnings at $1.24 EPS, Q1 2027 earnings at $1.59 EPS, Q2 2027 earnings at $1.11 EPS, Q3 2027 earnings at $1.16 EPS, Q4 2027 earnings at $1.36 EPS and FY2027 earnings at $5.24 EPS.

A number of other analysts have also recently weighed in on KR. Evercore ISI lowered their price objective on Kroger from $76.00 to $75.00 and set an "outperform" rating for the company in a research report on Tuesday, June 17th. Roth Capital set a $58.00 price target on Kroger in a report on Thursday, March 6th. UBS Group boosted their price target on Kroger from $66.00 to $74.00 and gave the stock a "neutral" rating in a research note on Monday. Melius raised shares of Kroger from a "sell" rating to a "hold" rating and set a $70.00 price objective for the company in a research report on Tuesday, May 20th. Finally, Morgan Stanley lifted their target price on shares of Kroger from $71.00 to $76.00 and gave the stock an "equal weight" rating in a research note on Monday. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Kroger presently has a consensus rating of "Moderate Buy" and a consensus target price of $69.47.

Kroger Stock Down 1.6%

NYSE KR traded down $1.21 on Tuesday, hitting $72.21. The stock had a trading volume of 5,473,177 shares, compared to its average volume of 5,865,279. The business's fifty day moving average price is $69.09 and its 200 day moving average price is $65.43. The stock has a market cap of $47.72 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 2.21 and a beta of 0.58. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.95 and a quick ratio of 0.53. Kroger has a 52-week low of $49.04 and a 52-week high of $74.11.

Kroger (NYSE:KR - Get Free Report) last issued its quarterly earnings data on Friday, June 20th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.04. Kroger had a net margin of 1.76% and a return on equity of 30.01%. The firm had revenue of $45.12 billion for the quarter, compared to the consensus estimate of $45.35 billion. During the same quarter in the previous year, the firm earned $1.43 EPS. The company's quarterly revenue was down .3% compared to the same quarter last year.

Insider Activity

In related news, VP Carin L. Fike sold 5,541 shares of Kroger stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $70.79, for a total transaction of $392,247.39. Following the completion of the transaction, the vice president now directly owns 3,480 shares in the company, valued at approximately $246,349.20. This trade represents a 61.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Yael Cosset sold 71,224 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $73.49, for a total value of $5,234,251.76. Following the completion of the sale, the executive vice president now owns 139,124 shares in the company, valued at approximately $10,224,222.76. This represents a 33.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 207,793 shares of company stock valued at $14,938,358 in the last ninety days. Insiders own 0.44% of the company's stock.

Hedge Funds Weigh In On Kroger

Institutional investors have recently made changes to their positions in the company. Millstone Evans Group LLC purchased a new stake in Kroger during the fourth quarter worth $25,000. Accent Capital Management LLC acquired a new position in shares of Kroger in the first quarter worth about $25,000. Whipplewood Advisors LLC acquired a new position in shares of Kroger in the fourth quarter worth about $26,000. TCTC Holdings LLC purchased a new stake in shares of Kroger during the 4th quarter worth about $27,000. Finally, Transce3nd LLC acquired a new stake in shares of Kroger during the 4th quarter valued at about $28,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

About Kroger

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.