NYSE:KR - Kroger Stock Price, News & Analysis

$23.29
-0.38 (-1.61 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$23.22
Now: $23.29
$23.69
50-Day Range
$20.90
MA: $22.09
$23.61
52-Week Range
$20.70
Now: $23.29
$32.74
Volume6.34 million shs
Average Volume8.67 million shs
Market Capitalization$18.60 billion
P/E Ratio11.04
Dividend Yield2.70%
Beta0.62
The Kroger Co operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$121.16 billion
Cash Flow$5.3664 per share
Book Value$9.82 per share

Profitability

Net Income$3.11 billion

Miscellaneous

Employees453,000
Market Cap$18.60 billion
Next Earnings Date9/12/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Thursday, June 27th. Investors of record on Thursday, August 15th will be paid a dividend of $0.16 per share on Sunday, September 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Wednesday, August 14th. This is an increase from Kroger's previous quarterly dividend of $0.14. View Kroger's Dividend History.

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

Kroger shares split on the morning of Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly issued shares were distributed 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 program on Friday, March 16th 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) issued its earnings results on Thursday, June, 20th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. The company had revenue of $37.25 billion for the quarter, compared to analyst estimates of $37.27 billion. Kroger had a return on equity of 21.79% and a net margin of 1.54%. The company's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 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 Thursday, September 12th 2019. View Earnings Estimates for Kroger.

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

Kroger updated its FY20 earnings guidance on Thursday, June, 20th. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.18.

What price target have analysts set for KR?

16 brokers have issued 1-year target prices for Kroger's stock. Their forecasts range from $22.00 to $36.00. On average, they anticipate Kroger's share price to reach $28.7647 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for Kroger.

What is the consensus analysts' recommendation for Kroger?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 2 sell ratings, 7 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. Pivotal Research analysts commented, "We see a lot of parallels to when Kroger was similarly oversold two years ago based on the massive disruption caused by the Amazon/Whole Foods developments. That sell-off proved to be a useful near-term buying opportunity. We see the same type of valuation anomaly with Kroger today following the extreme disappointment with the recent 1Q19 results. Alternative income streams now a source of cost-free upside – Our thinking around alternative profit streams has evolved. Since the Street doesn’t seem to be giving any credit to these non-traditional growth vehicles, we no longer view alternative streams as a source of earnings risk but rather as a source of free upside for investors. While the core retail operations remain pressured and are set to face more difficult fuel margin comparisons, these headwinds are much better discounted in the stock at this point." (8/2/2019)
  • 2. According to Zacks Investment Research, "Although shares of Kroger lagged the industry in the past three months, it is likely to witness an above average performance in the near term. Kroger is introducing digital coupons; order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. Given this scenario, the Ocado deal along with the buyout of Home Chef and using of Nuro’s self-driven car for grocery delivery services are good moves. Kroger also remains committed to improve identical supermarket sales and margins. However, the company’s fourth-quarter fiscal 2018 results, wherein the bottom line not only missed the Zacks Consensus Estimate but also declined year over yearAlthough, total sales came ahead of the consensus mark, it fell year over year. Management also provided muted earnings view for fiscal 2019." (5/31/2019)

Has Kroger been receiving favorable news coverage?

Media headlines about KR stock have trended positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kroger earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Kroger.

Are investors shorting Kroger?

Kroger saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 42,182,800 shares, a decrease of 7.2% from the June 30th total of 45,470,100 shares. Based on an average daily trading volume, of 10,000,000 shares, the short-interest ratio is currently 4.2 days. Currently, 5.3% of the shares of the company are sold short. View Kroger's Current Options Chain.

Who are some of Kroger's key competitors?

What other stocks do shareholders of Kroger own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kroger investors own include General Electric (GE), Intel (INTC), Micron Technology (MU), Walt Disney (DIS), Cisco Systems (CSCO), AT&T (T), Ford Motor (F), CVS Health (CVS), Starbucks (SBUX) and JPMorgan Chase & Co. (JPM).

Who are Kroger's key executives?

Kroger's management team includes the folowing people:
  • Mr. William Rodney McMullen, Chairman & CEO (Age 58)
  • Mr. Michael J. Donnelly, Exec. VP & COO (Age 60)
  • Mr. Christopher T. Hjelm, Exec. VP & Chief Information Officer (Age 57)
  • Mr. John Michael Schlotman, Exec. VP (Age 61)
  • Mr. Stuart W. Aitken, Sr. VP (Age 47)

Who are Kroger's major shareholders?

Kroger's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.46%), BlackRock Inc. (7.10%), BlackRock Inc. (7.10%), LSV Asset Management (2.53%), Price T Rowe Associates Inc. MD (2.26%) and Northern Trust Corp (1.34%). Company insiders that own Kroger stock include Calvin J Kaufman, Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Jorge P Montoya, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent, Stephen M Mckinney, Susan J Kropf 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 Price T Rowe Associates Inc. MD, Janus Henderson Group PLC, Janus Henderson Group PLC, AQR Capital Management LLC, Quest Capital Management Inc. ADV, Teacher Retirement System of Texas, Amundi Pioneer Asset Management Inc. and Retirement Systems of Alabama. Company insiders that have sold Kroger company stock in the last year include Calvin J Kaufman, Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent, Stephen M Mckinney and Susan J Kropf. View Insider Buying and Selling for Kroger.

Which institutional investors are buying Kroger stock?

KR stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Nuveen Asset Management LLC, Renaissance Technologies LLC, Coho Partners Ltd., Becker Capital Management Inc., Invesco Ltd., Toronto Dominion Bank and Morgan Stanley. 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 $23.29.

How big of a company is Kroger?

Kroger has a market capitalization of $18.60 billion and generates $121.16 billion in revenue each year. The company earns $3.11 billion in net income (profit) each year or $2.11 on an earnings per share basis. Kroger employs 453,000 workers across the globe.View Additional Information About Kroger.

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 kroger.i[email protected]


MarketBeat Community Rating for Kroger (NYSE KR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  977 (Vote Outperform)
Underperform Votes:  894 (Vote Underperform)
Total Votes:  1,871
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 8/23/2019 by MarketBeat.com Staff

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