NYSE:KR - Kroger Stock Price, News, & Analysis

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$23.53 -0.47 (-1.96 %)
(As of 05/24/2019 09:21 AM ET)
Previous Close$24.00
Today's Range$23.43 - $23.84
52-Week Range$23.52 - $32.74
Volume6.70 million shs
Average Volume7.43 million shs
Market Capitalization$18.98 billion
P/E Ratio11.15
Dividend Yield2.30%
Beta0.64
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. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provides grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,537 fuel centers. As of March 7, 2019, the company operated 2,764 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
CUSIP50104410
Phone513-762-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$121.16 billion
Cash Flow$5.1152 per share
Book Value$9.82 per share

Profitability

Net Income$3.11 billion

Miscellaneous

Employees453,000
Market Cap$18.98 billion
Next Earnings Date6/20/2019 (Estimated)
OptionableOptionable

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 14th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.14 per share on Saturday, June 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Tuesday, May 14th. 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 minted shares were issued 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 has approved a stock repurchase plan on Friday, March 16th 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) posted its earnings results on Thursday, March, 7th. The company reported $0.48 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.03. The company had revenue of $28.09 billion for the quarter, compared to analysts' expectations of $28.38 billion. Kroger had a net margin of 2.57% and a return on equity of 23.50%. The business's revenue was down 9.5% on a year-over-year basis. During the same quarter last year, the company posted $0.63 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, June 20th 2019. View Earnings Estimates for Kroger.

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

Kroger issued an update on its FY20 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.26.

What price target have analysts set for KR?

18 Wall Street analysts have issued 1-year price targets for Kroger's shares. Their predictions range from $22.00 to $37.00. On average, they anticipate Kroger's stock price to reach $30.4706 in the next year. This suggests a possible upside of 29.5% from the stock's current price. View Analyst Price Targets for Kroger.

What is the consensus analysts' recommendation for Kroger?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 3 sell ratings, 7 hold ratings and 8 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. According to Zacks Investment Research, "Shares of Kroger have plunged and underperformed the industry in the past three months. The stock came under pressure following the company’s fourth-quarter fiscal 2018 results, wherein the bottom line not only missed the Zacks Consensus Estimate but also declined year over year. Although, total sales managed to come ahead of the consensus mark, it fell year over year. Management also provided muted earnings view for fiscal 2019. Nonetheless, Kroger is trying to overcome competition. It is introducing digital coupons, order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. The grocery industry is no longer shielded from the e-commerce war. 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." (5/23/2019)
  • 2. Pivotal Research analysts commented, "We continue to view 2018 as a significant transition year for Kroger accompanied by heavy price investments, new merchandising resets, and a major pickup in M&A/divestiture activity. It should be noted, however, that earnings are set to take a significant step backwards in FY18. The three-year guidance will now require close to $600 million of operating income growth over the next two years in order to hit the $3.1 billion objective by the end of FY20." (12/4/2018)

Has Kroger been receiving favorable news coverage?

News articles about KR stock have trended somewhat positive on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kroger earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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), Ford Motor (F), CVS Health (CVS), Cisco Systems (CSCO), Starbucks (SBUX), JPMorgan Chase & Co. (JPM) and AT&T (T).

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.12%), LSV Asset Management (2.56%), FMR LLC (2.31%), AQR Capital Management LLC (1.82%), Janus Henderson Group PLC (1.70%) and Geode Capital Management LLC (1.59%). 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, Susan J Kropf, Susan M Phillips and Todd A Foley. View Institutional Ownership Trends for Kroger.

Which major investors are selling Kroger stock?

KR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Aristotle Capital Management LLC, FMR LLC, Amundi Pioneer Asset Management Inc., AQR Capital Management LLC, FIL Ltd, BlackRock Inc. and Tobam. 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 and Susan J Kropf. View Insider Buying and Selling for Kroger.

Which major investors are buying Kroger stock?

KR stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., Nordea Investment Management AB, Janus Henderson Group PLC, Poplar Forest Capital LLC, Equity Investment Corp, Bank of Montreal Can and Geode Capital Management 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 $23.53.

How big of a company is Kroger?

Kroger has a market capitalization of $18.98 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.

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 [email protected]


MarketBeat Community Rating for Kroger (NYSE KR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  965 (Vote Outperform)
Underperform Votes:  873 (Vote Underperform)
Total Votes:  1,838
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 5/24/2019 by MarketBeat.com Staff

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