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 5 sell ratings, 7 hold ratings and 4 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 Wall Street analysts have issued 1-year price objectives for Kroger's stock. Their KR share price forecasts range from $38.00 to $75.00. On average, they anticipate the company's share price to reach $52.22 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
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Kroger's stock was trading at $45.26 on January 1st, 2022. Since then, KR shares have increased by 4.1% and is now trading at $47.12.
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Kroger is scheduled to release its next quarterly earnings announcement on Friday, September 9th 2022.
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The Kroger Co. (NYSE:KR) released its quarterly earnings data on Thursday, June, 16th. The company reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.28 by $0.17. The business had revenue of $44.60 billion for the quarter, compared to analyst estimates of $44.23 billion. Kroger had a net margin of 1.54% and a trailing twelve-month return on equity of 31.50%. During the same period in the prior year, the company posted $1.19 earnings per share.
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Kroger declared a quarterly dividend on Thursday, June 23rd. Stockholders of record on Monday, August 15th will be paid a dividend of $0.26 per share on Thursday, September 1st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, August 12th. This is an increase from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for KR.

Kroger (NYSE:KR) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.78%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 28.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KR will have a dividend payout ratio of 20.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KR.

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 issued 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 declared that its Board of Directors has approved a share repurchase plan on Thursday, December 30th 2021, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Kroger issued an update on its FY 2022 earnings guidance on Thursday, July, 14th. The company provided earnings per share guidance of $3.85-$3.95 for the period, compared to the consensus EPS estimate of $3.84. 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 shareholders include Robeco Institutional Asset Management B.V. (0.45%), Swiss National Bank (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), RWC Asset Management LLP (0.37%), Coho Partners Ltd. (0.35%) and Mitsubishi UFJ Trust & Banking Corp (0.25%). 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, J Michael Schlotman, 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 $47.12.

Kroger (NYSE:KR) has a market capitalization of $33.72 billion and generates $137.89 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $2.90 on an earnings per share basis.

Kroger employs 420,000 workers across the globe.

Kroger was founded in 1883.

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.