Kroger - KR Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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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17 analysts have issued 1 year price objectives for Kroger's shares. Their KR share price forecasts range from $42.00 to $75.00. On average, they expect the company's share price to reach $53.39 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
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Kroger's stock was trading at $45.26 at the beginning of the year. Since then, KR shares have increased by 4.9% and is now trading at $47.46.
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Kroger saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 15,760,000 shares, a decrease of 7.8% from the October 15th total of 17,090,000 shares. Based on an average daily volume of 6,410,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.2% of the company's stock are sold short.
View Kroger's Short Interest.

The Kroger Co. (NYSE:KR) announced its earnings results on Thursday, December, 1st. The company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.07. The business had revenue of $34.20 billion for the quarter, compared to analyst estimates of $33.92 billion. Kroger had a net margin of 1.61% and a trailing twelve-month return on equity of 31.92%. Kroger's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.78 EPS.
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Kroger declared a quarterly dividend on Thursday, September 15th. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.26 per share on Thursday, December 1st. This represents a $1.04 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Monday, November 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 2.22%. The company has been increasing its dividend for 15 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 24.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KR.

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 distributed to shareholders after the closing bell 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 has approved a share repurchase plan on Thursday, December 30th 2021, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Kroger issued an update on its FY 2022 earnings guidance on Thursday, December, 1st. The company provided earnings per share (EPS) guidance of $4.05-$4.15 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.35%), BlackRock Inc. (9.18%), State Street Corp (4.95%), Renaissance Technologies LLC (1.81%), Dimensional Fund Advisors LP (1.60%) and LSV Asset Management (1.54%). 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 $47.46.

Kroger (NYSE:KR) has a market capitalization of $33.97 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.