NYSE:KRKroger Stock Price, Forecast & News

$32.04

-1.24 (-3.73 %)

(As of 05/28/2020 03:43 PM ET)

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Today's Range

$32.01

Now: $32.04▼

$33.80

50-Day Range

$31.02

MA: $32.30▼

$34.10

52-Week Range

$20.70

Now: $32.04▼

$36.84

Volume9.00 million shs

Average Volume8.70 million shs

Market Capitalization$25.19 billion

P/E Ratio15.71

Dividend Yield2.04%

Beta0.37

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. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provides grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,537 fuel centers. As of March 7, 2019, the company operated 2,764 retail food stores under various banner names, as well as an online retail store. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Kroger has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 10 buy ratings, 11 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.19, Kroger has a potential upside of 2.7% from its current price of $32.31.
Amount of Analyst Coverage
Kroger has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Kroger has received 1,035 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kroger has received 988 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kroger has received 51.16% “outperform” votes from our community.

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.

5.0 Dividend Strength

Dividend Leadership
Kroger is a leading dividend payer. It pays a dividend yield of 2.04%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kroger has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Kroger is 29.09 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Kroger will have a dividend payout ratio of 25.81 % next year. This indicates that Kroger will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kroger insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $615,796.00 in company stock.
Percentage Held by Insiders
Only 1.34% of the stock of Kroger is held by insiders.
Percentage Held by Institutions
77.69% of the stock of Kroger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Kroger are expected to grow by 0.40% in the coming year, from $2.47 to $2.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kroger is 15.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kroger is 15.84, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 41.18.
Price to Earnings Growth Ratio
Kroger has a PEG Ratio of 2.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kroger has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.40 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Grocery stores

Sub-IndustryFood Retail

SectorRetail/Wholesale

Current SymbolNYSE:KR

Previous Symbol

CUSIP50104410

CIK56873

Webwww.thekrogerco.com

Phone513-762-4000

Debt

Debt-to-Equity Ratio2.17

Current Ratio0.76

Quick Ratio0.27

Price-To-Earnings

Trailing P/E Ratio15.71

Forward P/E Ratio12.97

P/E Growth2.61

Sales & Book Value

Annual Sales$122.29 billion

Price / Sales0.21

Cash Flow$6.47 per share

Price / Cash Flow4.95

Book Value$10.71 per share

Price / Book2.99

Profitability

EPS (Most Recent Fiscal Year)$2.20

Net Income$1.66 billion

Net Margins1.36%

Return on Equity20.72%

Return on Assets3.98%

Miscellaneous

Employees435,000

Outstanding Shares786,190,000

Market Cap$25.19 billion

Next Earnings Date6/18/2020 (Estimated)

OptionableOptionable

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Kroger (NYSE:KR) Frequently Asked Questions

How has Kroger's stock been impacted by COVID-19 (Coronavirus)?

Kroger's stock was trading at $30.59 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KR shares have increased by 5.6% and is now trading at $32.31. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Kroger?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 2 sell ratings, 11 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kroger.

When is Kroger's next earnings date?

Kroger is scheduled to release its next quarterly earnings announcement on Thursday, June 18th 2020. View our earnings forecast for Kroger.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) posted its quarterly earnings data on Thursday, March, 5th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.01. The firm earned $28.89 billion during the quarter, compared to analyst estimates of $28.88 billion. Kroger had a net margin of 1.36% and a return on equity of 20.72%. Kroger's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the business posted $0.48 EPS. View Kroger's earnings history.

How often does Kroger pay dividends? What is the dividend yield for Kroger?

Kroger announced a quarterly dividend on Thursday, March 12th. Shareholders of record on Friday, May 15th will be given a dividend of $0.16 per share on Monday, June 1st. This represents a $0.64 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, May 14th. View Kroger's dividend history.

When did Kroger's stock split? How did Kroger's stock split work?

Kroger shares split on Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly issued shares were payable 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.

What guidance has Kroger issued on next quarter's earnings?

Kroger updated its FY 2020 Pre-Market earnings guidance on Wednesday, April, 1st. The company provided earnings per share (EPS) guidance of 2.30-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.42.

What price target have analysts set for KR?

23 equities research analysts have issued 12 month price objectives for Kroger's shares. Their forecasts range from $26.00 to $42.00. On average, they expect Kroger's share price to reach $33.19 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View analysts' price targets 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?

Headlines about KR stock have trended very negative on Thursday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kroger earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutKroger.

Are investors shorting Kroger?

Kroger saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 53,600,000 shares, an increase of 30.4% from the April 30th total of 41,110,000 shares. Based on an average trading volume of 12,860,000 shares, the days-to-cover ratio is presently 4.2 days. Currently, 6.8% of the shares of the company are sold short. View Kroger's Current Options Chain.

Who are some of Kroger's key competitors?

Some companies that are related to Kroger include Casey's General Stores (CASY), Weis Markets (WMK), Ingles Markets (IMKTA), Natural Grocers by Vitamin Cottage (NGVC) and Village Super Market (VLGEA). View all competitors.

What other stocks do shareholders of Kroger own?

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

Who are Kroger's key executives?

Kroger's management team includes the following 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)

What is Kroger's stock symbol?

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

Who are Kroger's major shareholders?

Kroger's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.67%), State Street Corp (5.35%), Franklin Resources Inc. (3.73%), Capital Research Global Investors (2.09%), Geode Capital Management LLC (1.85%) and Victory Capital Management Inc. (1.13%). Company insiders that own Kroger stock include Bobby S Shackouls, Calvin J Kaufman, Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Mark C Tuffin, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent, Stephen M Mckinney, Susan J Kropf and Timothy A Massa. 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 Wellington Management Group LLP, Franklin Resources Inc., Victory Capital Management Inc., AQR Capital Management LLC, Balyasny Asset Management LLC, Invesco Ltd., New York State Common Retirement Fund, and Alliancebernstein L.P.. Company insiders that have sold Kroger company stock in the last year include Bobby S Shackouls, Carin L Fike, Clyde R Moore, J Michael Schlotman, Mark C Tuffin, Mary Ellen Adcock, Michael Joseph Donnelly, Stephen M Mckinney, Susan J Kropf, and Timothy A Massa. View insider buying and selling activity for Kroger.

Which major investors are buying Kroger stock?

KR stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, APG Asset Management N.V., JPMorgan Chase & Co., BlackRock Inc., State Street Corp, Robeco Institutional Asset Management B.V., PGGM Investments, and Polaris Greystone Financial Group LLC. View insider buying and selling activity 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 $32.31.

How big of a company is Kroger?

Kroger has a market capitalization of $25.40 billion and generates $122.29 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $2.20 on an earnings per share basis. Kroger employs 435,000 workers across the globe.

What is Kroger's official website?

The official website for Kroger is www.thekrogerco.com.

How can I contact Kroger?

Kroger's mailing address is 1014 VINE STREET, CINCINNATI OH, 45201. The company can be reached via phone at 513-762-4000 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff