NYSE:KR - Kroger Stock Price, Price Target & More

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$29.69 +0.96 (+3.34 %)
(As of 06/24/2018 04:00 PM ET)
Previous Close$29.69
Today's Range$28.81 - $30.00
52-Week Range$19.69 - $31.45
Volume37.29 million shs
Average Volume13.65 million shs
Market Capitalization$23.10 billion
P/E Ratio14.55
Dividend Yield1.74%
Beta1.03
Kroger logoThe 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

Industry Grocery stores
Sub-IndustryFood Retail
SectorRetail/Wholesale
SymbolNYSE:KR
CUSIP50104410
Phone513-762-4000

Debt

Debt-to-Equity Ratio1.74
Current Ratio0.76
Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio14.55
Forward P/E Ratio14.21
P/E Growth2.19

Sales & Book Value

Annual Sales$122.66 billion
Price / Sales0.19
Cash Flow$5.1635 per share
Price / Cash5.75
Book Value$8.63 per share
Price / Book3.44

Profitability

EPS (Most Recent Fiscal Year)$2.04
Net Income$1.91 billion
Net Margins2.93%
Return on Equity29.59%
Return on Assets5.26%

Miscellaneous

Employees449,000
Outstanding Shares803,990,000

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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 declared a quarterly dividend on Thursday, March 15th. Investors of record on Tuesday, May 15th will be paid a dividend of $0.125 per share on Friday, June 1st. This represents a $0.50 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Monday, May 14th. View Kroger's Dividend History.

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

Shares of Kroger split on Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly created 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 declared that its board has approved a share buyback plan on Friday, March 16th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) issued its earnings results on Thursday, June, 21st. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. The business earned $37.53 billion during the quarter, compared to analysts' expectations of $37.25 billion. Kroger had a net margin of 2.93% and a return on equity of 29.59%. The business's revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.58 earnings per share. View Kroger's Earnings History.

When is Kroger's next earnings date?

Kroger is scheduled to release their next quarterly earnings announcement on Friday, September, 14th 2018. View Earnings Estimates for Kroger.

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

Kroger issued an update on its FY19 earnings guidance on Thursday, June, 21st. The company provided earnings per share guidance of $2.00-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.07.

What price target have analysts set for KR?

21 brokerages have issued 1 year price objectives for Kroger's stock. Their predictions range from $21.00 to $36.00. On average, they expect Kroger's stock price to reach $27.9444 in the next year. 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, "Kroger is trying all means to overcome competition, volatility in food prices and promotional environment. It is introducing new items, digital coupons, order online pick up in store and smart shopping lists. The company's “Restock Kroger” program is gaining traction. The company's operational strategies present opportunities to improve identical supermarket sales and return on invested capital. These efforts are likely to fuel top and bottom-line growth, as evident from fourth-quarter fiscal 2017 results. In our view, Kroger’s earnings per share growth rate target of 8-11% seem achievable. All these are likely to cushion the stock that came under pressure and underperformed the industry in the past three months due to soft fiscal 2018 earnings view. Further, we note that higher investments in new services and compelling pricing strategy may hurt margins. Additionally, a high debt load may also impact credit worthiness." (3/20/2018)
  • 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)

Are investors shorting Kroger?

Kroger saw a increase in short interest in May. As of May 31st, there was short interest totalling 55,403,107 shares, an increase of 1.9% from the May 15th total of 56,473,750 shares. Based on an average daily volume of 14,826,194 shares, the short-interest ratio is currently 3.7 days. Currently, 6.9% of the company's shares are short sold. View Kroger's Current Options Chain.

Who are some of Kroger's key competitors?

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)

Has Kroger been receiving favorable news coverage?

Media coverage about KR stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kroger earned a news impact score of 0.18 on Accern's scale. They also assigned news stories about the company an impact score of 45.62 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Kroger's major shareholders?

Kroger's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include LSV Asset Management (1.75%), Franklin Resources Inc. (1.40%), Northern Trust Corp (1.27%), Aristotle Capital Management LLC (1.21%), Victory Capital Management Inc. (0.99%) and Neuberger Berman Group LLC (0.88%). Company insiders that own Kroger stock include Carin L Fike, Christopher T Hjelm, J Michael Schlotman, Jorge P Montoya, Kevin M Dougherty, 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 Amundi Pioneer Asset Management Inc., Principal Financial Group Inc., Principal Financial Group Inc., Swiss National Bank, The Manufacturers Life Insurance Company, Tyvor Capital LLC, State of Wisconsin Investment Board and Great West Life Assurance Co. Can. Company insiders that have sold Kroger company stock in the last year include Carin L Fike, Christopher T Hjelm, Jorge P Montoya, Michael Joseph Donnelly, Robert W Clark and Todd A Foley. View Insider Buying and Selling for Kroger.

Which institutional investors are buying Kroger stock?

KR stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Prudential Financial Inc., Smead Capital Management Inc., Korea Investment CORP, LSV Asset Management, Aristotle Capital Management LLC, Canyon Capital Advisors LLC and Canyon Capital Advisors 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 $29.69.

How big of a company is Kroger?

Kroger has a market capitalization of $23.10 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.

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 (KR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  772 (Vote Outperform)
Underperform Votes:  707 (Vote Underperform)
Total Votes:  1,479
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 6/24/2018 by MarketBeat.com Staff

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