Kroger - KR Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 3 sell ratings, 7 hold ratings and 6 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 1 year target prices for Kroger's stock. Their KR share price forecasts range from $42.00 to $75.00. On average, they predict the company's stock price to reach $53.12 in the next year. This suggests a possible upside of 15.3% 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 shares have increased by 1.8% and is now trading at $46.07.
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Kroger saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 15,760,000 shares, a decline of 7.8% from the October 15th total of 17,090,000 shares. Based on an average daily volume of 6,410,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.2% of the shares of the stock are sold short.
View Kroger's Short Interest.

The Kroger Co. (NYSE:KR) issued its quarterly earnings results on Thursday, December, 1st. The company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.07. The business earned $34.20 billion during the quarter, compared to analysts' expectations of $33.92 billion. Kroger had a trailing twelve-month return on equity of 31.92% and a net margin of 1.61%. The company's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.78 earnings per share.
Read the conference call transcript.

Kroger declared a quarterly dividend on Thursday, September 15th. Stockholders of record on Tuesday, November 15th will be given a dividend of $0.26 per share on Thursday, December 1st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend is Monday, November 14th.
Read our dividend analysis for KR.

Kroger (NYSE:KR) pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.19%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KR will have a dividend payout ratio of 24.82% 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 minted shares were payable 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 declared that its Board of Directors has initiated a stock buyback plan on Thursday, December 30th 2021, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Kroger updated its FY 2022 earnings guidance on Thursday, December, 1st. The company provided EPS guidance of $4.05-$4.15 for the period, compared to the consensus estimate of $4.08. 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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.35%), BlackRock Inc. (9.18%), State Street Corp (4.95%), Renaissance Technologies LLC (1.81%), Dimensional Fund Advisors LP (1.60%) and LSV Asset Management (1.54%). 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.
View institutional ownership trends.

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 $46.07.

Kroger (NYSE:KR) has a market capitalization of $32.98 billion and generates $137.89 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $3.20 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.