Kroger - KR Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 9 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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18 Wall Street analysts have issued 1 year price targets for Kroger's shares. Their KR share price forecasts range from $42.00 to $75.00. On average, they expect the company's stock price to reach $53.65 in the next year. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for KR or view top-rated stocks among Wall Street analysts.

Kroger's stock was trading at $44.58 at the beginning of the year. Since then, KR stock has increased by 9.7% and is now trading at $48.92.
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Kroger saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 18,550,000 shares, an increase of 18.5% from the February 28th total of 15,660,000 shares. Based on an average trading volume of 5,280,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 2.6% of the company's shares are sold short.
View Kroger's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 15th 2023.
View our KR earnings forecast.

The Kroger Co. (NYSE:KR) announced its quarterly earnings data on Thursday, March, 2nd. The company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.09. The business had revenue of $34.82 billion for the quarter, compared to the consensus estimate of $34.89 billion. Kroger had a trailing twelve-month return on equity of 31.84% and a net margin of 1.51%. Kroger's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 earnings per share.
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Kroger declared a quarterly dividend on Thursday, March 9th. Shareholders of record on Monday, May 15th will be given a dividend of $0.26 per share on Thursday, June 1st. This represents a $1.04 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for KR.

ETFs with the largest weight of Kroger (NYSE:KR) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE), First Trust Consumer Staples AlphaDEX Fund (FXG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco DWA Consumer Staples Momentum ETF (PSL), Emerge EMPWR Sustainable Global Core Equity ETF (EMZA), Invesco Dynamic Food & Beverage ETF (PBJ), SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV) and BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL).

Kroger (NYSE:KR) pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.12%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KR will have a dividend payout ratio of 23.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KR.

Kroger's stock 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 stock prior to the split would have 200 shares after the split.

Kroger announced that its board has approved a stock repurchase program on Thursday, December 30th 2021, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Kroger issued an update on its FY 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share guidance of $4.45-$4.60 for the period, compared to the consensus EPS estimate of $4.15. 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 variety of institutional and retail investors. Top institutional investors include Berkshire Hathaway Inc (6.98%), Geode Capital Management LLC (1.86%), Dimensional Fund Advisors LP (1.62%), Renaissance Technologies LLC (1.54%), LSV Asset Management (1.45%) and Morgan Stanley (1.39%). 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 $48.92.

Kroger (NYSE:KR) has a market capitalization of $35.02 billion and generates $148.26 billion in revenue each year. The company earns $2.24 billion in net income (profit) each year or $3.07 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.