NYSE:KR - Kroger Stock Price, News, & Analysis

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$30.24 +0.21 (+0.70 %)

(As of 11/16/2018 04:00 PM ET)

Previous Close$30.24

Today's Range$29.61 - $30.25

52-Week Range$22.27 - $32.74

Volume4.50 million shs

Average Volume8.51 million shs

Market Capitalization$24.15 billion

P/E Ratio13.71

Dividend Yield1.85%

Beta0.77

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food products for sale in its supermarkets. The company operates supermarkets, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company's marketplace stores comprise full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and convenience stores comprise a limited assortment of staple food items and general merchandise, as well as sells fuel. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of March 8, 2018, the company operated 2,800 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.

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Industry, Sector and Symbol

Stock Exchange NYSE

Industry Grocery stores

Sub-IndustryFood Retail

SectorRetail/Wholesale

Current SymbolNYSE:KR

Previous Symbol

CUSIP50104410

Webwww.thekrogerco.com

Phone513-762-4000

Debt

Debt-to-Equity Ratio1.65

Current Ratio0.73

Quick Ratio0.26

Price-To-Earnings

Trailing P/E Ratio13.71

Forward P/E Ratio14.33

P/E Growth2.13

Sales & Book Value

Annual Sales$122.66 billion

Price / Sales0.20

Cash Flow$4.9901 per share

Price / Cash6.06

Book Value$7.83 per share

Price / Book3.86

Profitability

EPS (Most Recent Fiscal Year)$2.04

Net Income$1.91 billion

Net Margins3.05%

Return on Equity28.05%

Return on Assets5.20%

Miscellaneous

Employees449,000

Outstanding Shares797,420,000

Market Cap$24.15 billion

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 20th. Investors of record on Thursday, November 15th will be paid a dividend of $0.14 per share on Saturday, December 1st. This represents a $0.56 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Wednesday, November 14th. View Kroger's Dividend History.

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

Kroger shares 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 closing bell 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 approved a stock repurchase plan on Friday, March 16th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) released its quarterly earnings results on Thursday, September, 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.03. The company earned $27.87 billion during the quarter, compared to analysts' expectations of $27.95 billion. Kroger had a net margin of 3.05% and a return on equity of 28.05%. Kroger's revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 EPS. View Kroger's Earnings History.

When is Kroger's next earnings date?

Kroger is scheduled to release their next quarterly earnings announcement on Thursday, December 6th 2018. View Earnings Estimates for Kroger.

How can I listen to Kroger's earnings call?

Kroger will be holding an earnings conference call on Thursday, December 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Kroger issued an update on its FY19 earnings guidance on Thursday, September, 13th. The company provided earnings per share (EPS) guidance of $2.00-2.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.12.

What price target have analysts set for KR?

20 brokerages have issued 1-year target prices for Kroger's stock. Their predictions range from $24.00 to $36.00. On average, they expect Kroger's stock price to reach $30.6111 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Price Targets for Kroger.

What is the consensus analysts' recommendation for Kroger?

20 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. According to Zacks Investment Research, "Shares of Kroger have outpaced the industry in the past three months. The stock got a major boost after the company posted better-than-expected first-quarter results, prompting management to raise the lower end of fiscal 2018 earnings view. Kroger is trying all means to overcome competition in the grocery space, which is undergoing a fundamental change with technology playing a key role and focus shifting to online shopping. Kroger has taken stock of the situation. It is introducing digital coupons, order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. Certainly, the grocery industry is no longer shielded from the e-commerce war. Given this scenario, the Ocado deal along with the acquisition of Home Chef is definitely a good move. However, higher investments in new services may strain margins. Additionally, a high debt load may impact credit worthiness." (8/21/2018)
2. Pivotal Research analysts commented, "We expect management will also provide tax rate guidance on Thursday and more color on the after-tax proceeds from the c- store sale. We’ve assumed roughly $1.4-$1.5 billion of debt reduction in FY18 based on the sale. We’ve further refined our revenue, share count, rent, D&A, and margin assumptions based on the c-store sale to EG Group. Our 4Q17 EPS est. is unchanged at $0.61 and this assumes ID sales growth (ex. fuel) of +1.3% based on strong execution in the latest quarter. As summarized in this note, we estimate that Kroger comped positively in 80% of its markets during the latest quarter. That said, it’s also clear that the pricing environment remains extremely competitive. We’re also seeing very strong top-line performance by Aldi and WMT based on analysis of our data. Following the recent 50 bps decline in Walmart’s U.S." (3/6/2018)

Has Kroger been receiving favorable news coverage?

Headlines about KR stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kroger earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

Are investors shorting Kroger?

Kroger saw a decrease in short interest in October. As of October 15th, there was short interest totalling 41,375,670 shares, a decrease of 10.0% from the September 28th total of 45,977,252 shares. Based on an average daily volume of 9,058,964 shares, the short-interest ratio is currently 4.6 days. Approximately 5.2% of the company's stock are short sold. View Kroger's Current Options Chain.

Who are some of Kroger's key competitors?

Some companies that are related to Kroger include Koninklijke Ahold (ADRNY), China Resources Beer Holdings CoLtd (CRHKY), George Weston (WNGRF), Companhia Brasileira de Distribuicao (CBD), Sprouts Farmers Market (SFM), Weis Markets (WMK), Ingles Markets (IMKTA), Smart & Final Stores (SFS), Village SuprMkt/SHS (VLGEA), Natural Grocers by Vitamin Cottage (NGVC), iFresh (IFMK), QKL Stores (QKLS), Alimentation Couche-Tard (ANCUF), Alimentation Couche-Tard (ANCTF) and Carrefour (CA).

Who are Kroger's key executives?

Kroger's management team includes the folowing people:

Mr. William Rodney McMullen, Chairman & CEO (Age 57)
Mr. John Michael Schlotman, Exec. VP & CFO (Age 60)
Mr. Michael J. Donnelly, Exec. VP & COO (Age 59)
Mr. Christopher T. Hjelm, Exec. VP & Chief Information Officer (Age 56)
Mr. Stuart W. Aitken, Group VP (Age 46)

Who are Kroger's major shareholders?

Kroger's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.93%), LSV Asset Management (2.47%), FMR LLC (2.36%), Franklin Resources Inc. (2.25%), Brown Brothers Harriman & Co. (2.14%) and AQR Capital Management LLC (1.52%). Company insiders that own Kroger stock include Calvin J Kaufman, Carin L Fike, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Jorge P Montoya, Mary Ellen Adcock, Michael Joseph Donnelly, Oflen Mary Elizabeth Van, Robert W Clark, Ronald Sargent, Susan J Kropf, Susan M Phillips and Todd A Foley. View Institutional Ownership Trends for Kroger.

Which institutional investors are selling Kroger stock?

KR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital Research Global Investors, Sanders Capital LLC, Victory Capital Management Inc., Strs Ohio, Equity Investment Corp, Brown Brothers Harriman & Co. and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold Kroger company stock in the last year include Calvin J Kaufman, Carin L Fike, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, Jorge P Montoya, Mary Ellen Adcock, Michael Joseph Donnelly, Robert W Clark, Ronald Sargent, Susan J Kropf and Todd A Foley. View Insider Buying and Selling for Kroger.

Which institutional investors are buying Kroger stock?

KR stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, FMR LLC, Franklin Resources Inc., LSV Asset Management, FIL Ltd, Thrivent Financial for Lutherans, Assenagon Asset Management S.A. and O Shaughnessy Asset Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Kroger's stock price today?

One share of KR stock can currently be purchased for approximately $30.24.

How big of a company is Kroger?

Kroger has a market capitalization of $24.15 billion and generates $122.66 billion in revenue each year. The company earns $1.91 billion in net income (profit) each year or $2.04 on an earnings per share basis. Kroger employs 449,000 workers across the globe.

What is Kroger's official website?

The official website for Kroger is http://www.thekrogerco.com.

How can I contact Kroger?

Kroger's mailing address is 1014 VINE STREET, 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)

Community Ranking:		2.7 out of 5 ( )
Outperform Votes:		931 (Vote Outperform)
Underperform Votes:		820 (Vote Underperform)
Total Votes:		1,751

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.

This page was last updated on 11/17/2018 by MarketBeat.com Staff

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