Kroger - KR Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last twelve months. There are currently 5 sell ratings, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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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16 equities research analysts have issued 12 month target prices for Kroger's shares. Their KR share price forecasts range from $38.00 to $75.00. On average, they anticipate the company's stock price to reach $52.22 in the next year. This suggests a possible upside of 11.6% from the stock's current price.
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Kroger's stock was trading at $45.26 on January 1st, 2022. Since then, KR stock has increased by 3.4% and is now trading at $46.79.
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The company is scheduled to release its next quarterly earnings announcement on Friday, September 9th 2022.
View our KR earnings forecast.

The Kroger Co. (NYSE:KR) released its quarterly earnings data on Thursday, June, 16th. The company reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.17. The company had revenue of $44.60 billion for the quarter, compared to the consensus estimate of $44.23 billion. Kroger had a trailing twelve-month return on equity of 31.50% and a net margin of 1.54%. During the same period in the prior year, the firm earned $1.19 earnings per share.
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Kroger declared a quarterly dividend on Thursday, June 23rd. Shareholders of record on Monday, August 15th will be paid a dividend of $0.26 per share on Thursday, September 1st. This represents a $1.04 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Friday, August 12th. This is an increase from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for KR.

Kroger (NYSE:KR) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.79%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 28.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KR will have a dividend payout ratio of 20.74% 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 payable 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 buyback plan on Thursday, December 30th 2021, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued.

Kroger issued an update on its FY 2022 earnings guidance on Thursday, July, 14th. The company provided earnings per share guidance of $3.85-$3.95 for the period, compared to the consensus estimate of $3.84. 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 many different institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.68%), Robeco Institutional Asset Management B.V. (0.45%), Swiss National Bank (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), RWC Asset Management LLP (0.37%) and Coho Partners Ltd. (0.35%). 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, J Michael Schlotman, 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 $46.79.

Kroger (NYSE:KR) has a market capitalization of $33.48 billion and generates $137.89 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $2.90 on an earnings per share basis.

The company employs 420,000 workers across the globe.

Kroger was founded in 1883.

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.