The Kroger Co operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. 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.
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Industry, Sector and Symbol
Industry Grocery stores
Sub-IndustryFood Retail
SectorRetail/Wholesale
Phone513-762-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$121.16 billion
Profitability
Miscellaneous
Employees453,000
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable
Kroger (NYSE:KR) Frequently Asked Questions
What is Kroger's stock symbol?
Kroger trades on the New York Stock Exchange (NYSE) under the ticker symbol "KR."
How often does Kroger pay dividends? What is the dividend yield for Kroger?
Kroger announced a quarterly dividend on Thursday, September 19th. Investors of record on Friday, November 15th will be given a dividend of $0.16 per share on Sunday, December 1st. This represents a $0.64 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, November 14th. View Kroger's Dividend History.
When did Kroger's stock split? How did Kroger's stock split work?
Shares of Kroger split on the morning of Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly minted shares were distributed to shareholders after the market closes on Monday, July 13th 2015. An investor that had 100 shares of Kroger stock prior to the split would have 200 shares after the split.
How will Kroger's stock buyback program work?
Kroger announced that its Board of Directors has initiated a share repurchase program on Friday, March 16th 2018, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.
How were Kroger's earnings last quarter?
Kroger Co (NYSE:KR) posted its quarterly earnings data on Thursday, December, 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by $0.01. The firm earned $27.97 billion during the quarter, compared to analyst estimates of $28.18 billion. Kroger had a net margin of 1.31% and a return on equity of 20.32%. Kroger's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 earnings per share. View Kroger's Earnings History.
When is Kroger's next earnings date?
What guidance has Kroger issued on next quarter's earnings?
Kroger updated its FY21 earnings guidance on Thursday, December, 5th. The company provided earnings per share guidance of $2.30-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.33.
What price target have analysts set for KR?
18 Wall Street analysts have issued 12 month price targets for Kroger's shares. Their forecasts range from $21.00 to $33.00. On average, they anticipate Kroger's share price to reach $27.78 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Kroger.
What is the consensus analysts' recommendation for Kroger?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 1 sell rating, 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kroger.
What are Wall Street analysts saying about Kroger stock?
Here are some recent quotes from research analysts about Kroger stock:
- 1. Pivotal Research analysts commented, "We’re in line with consensus for in EPS. Following a tentative deal to avoid a strike in Southern California, Kroger appears to have dodged a major bullet within the past few days. However, the resolution of that contract comes as Kroger is still dealing with ongoing labor issues and the threat of a strike at Southwest Washington. VALUATION – Our price target of $26 PT is unchanged reflects a forward PE multiple of 13x our FY19 EPS estimate which is line with Kroger’s historical average. A target EV/EBITDA level of 6.7x is also in line with historical levels and with Ahold/Delhaize. RISKS – If Kroger needs to respond to incremental competitive threats, industry-wide deflationary (or inflationary) pressures, or if there is a significant contraction in the employment cycle, Kroger’s valuation metrics could be at risk." (9/11/2019)
- 2. According to Zacks Investment Research, "Although shares of Kroger lagged the industry in the past three months, it is likely to witness an above average performance in the near term. Kroger is introducing digital coupons; order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. Given this scenario, the Ocado deal along with the buyout of Home Chef and using of Nuro’s self-driven car for grocery delivery services are good moves. Kroger also remains committed to improve identical supermarket sales and margins. However, the company’s fourth-quarter fiscal 2018 results, wherein the bottom line not only missed the Zacks Consensus Estimate but also declined year over yearAlthough, total sales came ahead of the consensus mark, it fell year over year. Management also provided muted earnings view for fiscal 2019." (5/31/2019)
Has Kroger been receiving favorable news coverage?
Media stories about KR stock have trended extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kroger earned a news impact score of -5.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Kroger.
Are investors shorting Kroger?
Kroger saw a decline in short interest during the month of November. As of November 29th, there was short interest totalling 29,340,000 shares, a decline of 13.8% from the November 14th total of 34,020,000 shares. Based on an average trading volume of 8,170,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.7% of the company's shares are sold short. View Kroger's Current Options Chain.
Who are some of Kroger's key competitors?
What other stocks do shareholders of Kroger own?
Who are Kroger's key executives?
Kroger's management team includes the folowing people:
- Mr. William Rodney McMullen, Chairman & CEO (Age 58)
- Mr. Michael J. Donnelly, Exec. VP & COO (Age 60)
- Mr. Christopher T. Hjelm, Exec. VP & Chief Information Officer (Age 57)
- Mr. John Michael Schlotman, Exec. VP (Age 61)
- Mr. Stuart W. Aitken, Sr. VP (Age 47)
Who are Kroger's major shareholders?
Kroger's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.06%), Parametric Portfolio Associates LLC (0.88%), Coho Partners Ltd. (0.78%), Massachusetts Financial Services Co. MA (0.47%), Great West Life Assurance Co. Can (0.45%) and Sumitomo Mitsui Trust Holdings Inc. (0.40%). Company insiders that own Kroger stock include Calvin J Kaufman, Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent, Stephen M Mckinney, Susan J Kropf and Todd A Foley. View Institutional Ownership Trends for Kroger.
Which major investors are selling Kroger stock?
KR stock was sold by a variety of institutional investors in the last quarter, including Masters Capital Management LLC, Robeco Institutional Asset Management B.V., Teacher Retirement System of Texas, Voloridge Investment Management LLC, Country Trust Bank, Assenagon Asset Management S.A., Coho Partners Ltd. and Strs Ohio. Company insiders that have sold Kroger company stock in the last year include Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, J Michael Schlotman, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Stephen M Mckinney and Susan J Kropf. View Insider Buying and Selling for Kroger.
Which major investors are buying Kroger stock?
KR stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Great West Life Assurance Co. Can, Man Group plc, State Street Corp, Handelsbanken Fonder AB, Stifel Financial Corp, California Public Employees Retirement System and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Kroger.
How do I buy shares of Kroger?
Shares of KR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Kroger's stock price today?
One share of KR stock can currently be purchased for approximately $28.09.
How big of a company is Kroger?
Kroger has a market capitalization of $22.52 billion and generates $121.16 billion in revenue each year. The company earns $3.11 billion in net income (profit) each year or $2.11 on an earnings per share basis. Kroger employs 453,000 workers across the globe.View Additional Information About Kroger.
What is Kroger's official website?
How can I contact Kroger?
Kroger's mailing address is 1014 VINE ST, CINCINNATI OH, 45202. The company can be reached via phone at 513-762-4000 or via email at [email protected]
MarketBeat Community Rating for Kroger (NYSE KR)
MarketBeat's community ratings are surveys of what our community members think about Kroger and other stocks. Vote "Outperform" if you believe KR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KR will underperform the S&P 500 over the long term. You may vote once every thirty days.
