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

Question 1

What is Kroger's stock symbol?

Answer

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

Question 2

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

Answer

Kroger declared a quarterly dividend on Thursday, March 15th. Shareholders 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.

Question 3

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

Answer

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

Question 4

How will Kroger's stock buyback program work?

Answer

Kroger announced that its Board of Directors has approved a stock repurchase program on Friday, March 16th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

Question 5

How were Kroger's earnings last quarter?

Answer

Kroger Co (NYSE:KR) issued its earnings results on Thursday, June, 21st. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.10. The firm had revenue of $37.53 billion for the quarter, compared to analyst estimates of $37.25 billion. Kroger had a net margin of 1.55% and a return on equity of 29.27%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.58 EPS. View Kroger's Earnings History.

Question 6

When is Kroger's next earnings date?

Answer

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

Question 7

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

Answer

Kroger updated its FY19 earnings guidance on Thursday, June, 21st. 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 $2.07.

Question 8

What price target have analysts set for KR?

Answer

21 brokers have issued 1-year target prices for Kroger's stock. Their forecasts range from $21.00 to $36.00. On average, they expect Kroger's stock price to reach $27.9444 in the next twelve months. View Analyst Ratings for Kroger.

Question 9

What are Wall Street analysts saying about Kroger stock?

Answer

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)

Question 10

Are investors shorting Kroger?

Answer

Kroger saw a increase in short interest during the month of 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 trading volume of 14,826,194 shares, the short-interest ratio is currently 3.7 days. Approximately 6.9% of the shares of the company are short sold. View Kroger's Current Options Chain.

Question 11

Who are some of Kroger's key competitors?

Answer

Some companies that are related to Kroger include Wesfarmers (WES), Woolworths Group (WOW), Koninklijke Ahold (ADRNY), Alimentation Couche-Tard Inc Class B (ANCUF), Alimentation Couche-Tard Inc Class A (ANCTF), Loblaw Companies (L), Tesco (TSCO), China Resources Beer Holdings CoLtd (CRHKY), George Weston (WN), Carrefour (CA), George Weston (WNGRF), Metro (MRU), Colruyt Group (CUYTF), Metro (MTRAF) and Companhia Brasileira de Distribuicao (CBD).

Question 12

Who are Kroger's key executives?

Answer

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)

Question 13

Has Kroger been receiving favorable news coverage?

Answer

News headlines about KR stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kroger earned a media sentiment score of 0.03 on Accern's scale. They also assigned media stories about the company an impact score of 46.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Question 14

Who are Kroger's major shareholders?

Answer

Kroger's stock is owned by many different of institutional and retail investors. Top institutional investors 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.

Question 15

Which institutional investors are selling Kroger stock?

Answer

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.

Question 16

Which institutional investors are buying Kroger stock?

Answer

KR stock was bought 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.

Question 17

How do I buy shares of Kroger?

Answer

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.

Question 18

What is Kroger's stock price today?

Answer

One share of KR stock can currently be purchased for approximately $29.69.

Question 19

How big of a company is Kroger?

Answer

Kroger has a market capitalization of $21.05 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.

Question 20

How can I contact Kroger?

Answer

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]

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		769 (Vote Outperform)
Underperform Votes:		705 (Vote Underperform)
Total Votes:		1,474