Kroger - KR Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KR, but not buy additional shares or sell existing shares.
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16 equities research analysts have issued 12 month price targets for Kroger's stock. Their KR share price forecasts range from $42.00 to $75.00. On average, they anticipate the company's share price to reach $54.18 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
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Kroger's stock was trading at $44.58 on January 1st, 2023. Since then, KR stock has decreased by 0.4% and is now trading at $44.42.
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Kroger saw a increase in short interest in December. As of December 30th, there was short interest totaling 15,960,000 shares, an increase of 9.0% from the December 15th total of 14,640,000 shares. Based on an average daily trading volume, of 5,970,000 shares, the short-interest ratio is currently 2.7 days. Approximately 2.3% of the shares of the company are sold short.
View Kroger's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our KR earnings forecast.

The Kroger Co. (NYSE:KR) posted its earnings results on Thursday, December, 1st. The company reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.06. The company had revenue of $34.20 billion for the quarter, compared to the consensus estimate of $33.92 billion. Kroger had a net margin of 1.61% and a trailing twelve-month return on equity of 31.92%. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.78 earnings per share.
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Kroger announced a quarterly dividend on Friday, January 20th. Investors of record on Wednesday, February 15th will be paid a dividend of $0.26 per share on Wednesday, March 1st. This represents a $1.04 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend is Tuesday, February 14th.
Read our dividend analysis for KR.

Kroger (NYSE:KR) pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.30%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KR will have a dividend payout ratio of 24.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KR.

Kroger's stock split before market open on Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly minted shares were payable to shareholders after the market closes on Monday, July 13th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Kroger announced that its board has approved a share repurchase plan on Thursday, December 30th 2021, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Kroger updated its FY 2022 earnings guidance on Saturday, December, 31st. The company provided earnings per share (EPS) guidance of $4.05-$4.15 for the period, compared to the consensus earnings per share estimate of $4.08. The company issued revenue guidance of -.

3,238 employees have rated Kroger Chief Executive Officer Rodney McMullen on Glassdoor.com. Rodney McMullen has an approval rating of 46% among the company's employees. This puts Rodney McMullen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kroger investors own include Intel (INTC), Advanced Micro Devices (AMD), Walt Disney (DIS), NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ) and General Electric (GE).

Kroger trades on the New York Stock Exchange (NYSE) under the ticker symbol "KR."

Kroger's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.37%), RWC Asset Management LLP (0.28%), AustralianSuper Pty Ltd (0.28%), River Road Asset Management LLC (0.19%), Strs Ohio (0.16%) and Bank of Montreal Can (0.15%). Insiders that own company stock include Bobby S Shackouls, Calvin J Kaufman, Carin L Fike, Carin L Fike, Christine S Wheatley, Clyde R Moore, Gary Millerchip, Joseph A Grieshaber Jr, Marc Benioff, Mark C Tuffin, Mary Ellen Adcock, Michael Joseph Donnelly, Robert W Clark, Ronald Sargent, Stephen M Mckinney, Stuart Aitken, Susan J Kropf, Timothy A Massa, Todd A Foley, Valerie L Jabbar, W Rodney Mcmullen and Yael Cosset.
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Shares of KR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KR stock can currently be purchased for approximately $44.42.

Kroger (NYSE:KR) has a market capitalization of $31.80 billion and generates $137.89 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $3.20 on an earnings per share basis.

The company employs 420,000 workers across the globe.

Kroger's mailing address is 1014 VINE STREET, CINCINNATI OH, 45202. The official website for the company is www.thekrogerco.com. The company can be reached via phone at (513) 762-4000, via email at kroger.ir@kroger.com, or via fax at 513-762-1575.