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

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$29.75 +0.51 (+1.74 %)

(As of 12/12/2018 04:00 PM ET)

Previous Close$29.24

Today's Range$29.46 - $30.00

52-Week Range$22.85 - $32.74

Volume8.01 million shs

Average Volume10.10 million shs

Market Capitalization$23.26 billion

P/E Ratio14.58

Dividend Yield1.95%

Beta0.79

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food products for sale in its supermarkets. The company operates supermarkets, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company's marketplace stores comprise full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and convenience stores comprise a limited assortment of staple food items and general merchandise, as well as sells fuel. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of March 8, 2018, the company operated 2,800 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

Stock Exchange NYSE

Industry Grocery stores

Sub-IndustryFood Retail

SectorRetail/Wholesale

Current SymbolNYSE:KR

Previous Symbol

CUSIP50104410

Webwww.thekrogerco.com

Phone513-762-4000

Debt

Debt-to-Equity Ratio1.53

Current Ratio0.73

Quick Ratio0.25

Price-To-Earnings

Trailing P/E Ratio14.58

Forward P/E Ratio14.03

P/E Growth2.04

Sales & Book Value

Annual Sales$122.66 billion

Price / Sales0.19

Cash Flow$5.0942 per share

Price / Cash Flow5.84

Book Value$7.83 per share

Price / Book3.80

Profitability

EPS (Most Recent Fiscal Year)$2.04

Net Income$1.91 billion

Net Margins2.99%

Return on Equity26.64%

Return on Assets5.15%

Miscellaneous

Employees449,000

Outstanding Shares797,420,000

Market Cap$23.26 billion

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 announced a quarterly dividend on Thursday, September 20th. Investors of record on Thursday, November 15th will be given a dividend of $0.14 per share on Saturday, December 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Wednesday, November 14th. View Kroger's Dividend History.

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

Kroger's stock 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 payable to shareholders after the market closes 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 share buyback plan on Friday, March 16th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) issued its quarterly earnings data on Thursday, December, 6th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The business had revenue of $27.67 billion for the quarter, compared to analysts' expectations of $27.64 billion. Kroger had a return on equity of 26.64% and a net margin of 2.99%. The firm's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 EPS. View Kroger's Earnings History.

When is Kroger's next earnings date?

Kroger is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Kroger.

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

Kroger updated its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share (EPS) guidance of $2.00-2.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.11. Kroger also updated its FY 2018 guidance to $2.00-2.15 EPS.

What price target have analysts set for KR?

18 Wall Street analysts have issued 12 month price targets for Kroger's stock. Their predictions range from $24.00 to $37.00. On average, they anticipate Kroger's share price to reach $31.5625 in the next year. This suggests a possible upside of 6.1% 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 2 sell ratings, 9 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 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)
2. According to Zacks Investment Research, "Shares of Kroger have outpaced the industry in the past three months. The stock got a major boost after the company posted better-than-expected first-quarter results, prompting management to raise the lower end of fiscal 2018 earnings view. Kroger is trying all means to overcome competition in the grocery space, which is undergoing a fundamental change with technology playing a key role and focus shifting to online shopping. Kroger has taken stock of the situation. It is introducing digital coupons, order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. Certainly, the grocery industry is no longer shielded from the e-commerce war. Given this scenario, the Ocado deal along with the acquisition of Home Chef is definitely a good move. However, higher investments in new services may strain margins. Additionally, a high debt load may impact credit worthiness." (8/21/2018)

Has Kroger been receiving favorable news coverage?

News coverage about KR stock has trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kroger earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Are investors shorting Kroger?

Kroger saw a decrease in short interest in November. As of November 30th, there was short interest totalling 39,814,504 shares, a decrease of 12.6% from the November 15th total of 45,562,159 shares. Based on an average daily volume of 5,565,897 shares, the short-interest ratio is currently 7.2 days. Currently, 5.0% of the company's stock are sold short. View Kroger's Current Options Chain.

Who are some of Kroger's key competitors?

Some companies that are related to Kroger include Koninklijke Ahold (ADRNY), George Weston (WNGRF), China Resources Beer Holdings CoLtd (CRHKY), Companhia Brasileira de Distribuicao (CBD), Sprouts Farmers Market (SFM), Weis Markets (WMK), Ingles Markets (IMKTA), Smart & Final Stores (SFS), Natural Grocers by Vitamin Cottage (NGVC), Village SuprMkt/SHS (VLGEA), iFresh (IFMK), QKL Stores (QKLS), Alimentation Couche-Tard (ANCUF), Alimentation Couche-Tard (ANCTF) and Carrefour (CA).

Who are Kroger's key executives?

Kroger's management team includes the folowing people:

Mr. William Rodney McMullen, Chairman & CEO (Age 57)
Mr. John Michael Schlotman, Exec. VP & CFO (Age 60)
Mr. Michael J. Donnelly, Exec. VP & COO (Age 59)
Mr. Christopher T. Hjelm, Exec. VP & Chief Information Officer (Age 56)
Mr. Stuart W. Aitken, Group VP (Age 46)

Who are Kroger's major shareholders?

Kroger's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.26%), BlackRock Inc. (6.93%), LSV Asset Management (2.47%), FMR LLC (2.36%), Franklin Resources Inc. (2.25%) and Brown Brothers Harriman & Co. (2.14%). Company insiders that own Kroger stock include Calvin J Kaufman, Carin L Fike, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Jorge P Montoya, Mary Ellen Adcock, Michael Joseph Donnelly, Oflen Mary Elizabeth Van, 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 BlackRock Inc., Capital Research Global Investors, Sanders Capital LLC, Victory Capital Management Inc., Strs Ohio, Equity Investment Corp, Brown Brothers Harriman & Co. and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold Kroger company stock in the last year include Calvin J Kaufman, Carin L Fike, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent, Susan J Kropf and Todd A Foley. 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 AQR Capital Management LLC, FMR LLC, Franklin Resources Inc., LSV Asset Management, FIL Ltd, Thrivent Financial for Lutherans, Assenagon Asset Management S.A. and O Shaughnessy Asset 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 $29.75.

How big of a company is Kroger?

Kroger has a market capitalization of $23.26 billion and generates $122.66 billion in revenue each year. The company earns $1.91 billion in net income (profit) each year or $2.04 on an earnings per share basis. Kroger employs 449,000 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:		2.7 out of 5 ( )
Outperform Votes:		938 (Vote Outperform)
Underperform Votes:		830 (Vote Underperform)
Total Votes:		1,768

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 12/12/2018 by MarketBeat.com Staff

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