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

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$24.34 +0.02 (+0.08 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$24.34
Today's Range$24.15 - $24.66
52-Week Range$23.15 - $32.74
Volume6.42 million shs
Average Volume12.04 million shs
Market Capitalization$19.42 billion
P/E Ratio11.54
Dividend Yield2.30%
Beta0.66
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

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$5.2798 per share
Book Value$9.82 per share

Profitability

Net Income$3.11 billion

Miscellaneous

Employees449,000
Market Cap$19.42 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 announced a quarterly dividend on Thursday, March 14th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.14 per share on Saturday, June 1st. This represents a $0.56 annualized dividend and a yield of 2.30%. 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's stock split before market open on Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly issued shares were distributed 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 declared that its Board of Directors has approved a share repurchase program on Friday, March 16th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were Kroger's earnings last quarter?

Kroger Co (NYSE:KR) announced its quarterly 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 business had revenue of $28.09 billion for the quarter, compared to the consensus estimate of $28.38 billion. Kroger had a return on equity of 23.50% and a net margin of 2.57%. Kroger's revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 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, June 20th 2019. View Earnings Estimates for Kroger.

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

Kroger updated its FY20 earnings guidance on Thursday, March, 7th. The company provided 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 twelve-month price targets for Kroger's shares. Their predictions range from $22.00 to $37.00. On average, they expect Kroger's stock price to reach $30.3125 in the next twelve months. This suggests a possible upside of 24.5% 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, 8 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. According to Zacks Investment Research, "Shares of Kroger have fared better than the industry in a year courtesy of initiatives undertaken to overcome competition in the grocery space, which is undergoing a rapid 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 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. Estimates have improved lately ahead of fourth-quarter fiscal 2018 release. The company had kept the full year earnings view intact following better-than-expected third-quarter results." (3/1/2019)
  • 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 stories about KR stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog 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 daily sentiment score of -1.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Kroger?

Kroger saw a drop in short interest in February. As of February 28th, there was short interest totalling 37,561,314 shares, a drop of 16.4% from the February 15th total of 44,956,427 shares. Based on an average daily trading volume, of 6,819,225 shares, the days-to-cover ratio is currently 5.5 days. Currently, 4.7% of the shares of the company are short sold. View Kroger's Current Options Chain.

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), Micron Technology (MU), Intel (INTC), Ford Motor (F), Walt Disney (DIS), CVS Health (CVS), Cisco Systems (CSCO), Starbucks (SBUX), AT&T (T) and JPMorgan Chase & Co. (JPM).

Who are Kroger's key executives?

Kroger's management team includes the folowing people:
  • Mr. William Rodney McMullen, Chairman & CEO (Age 58)
  • Mr. John Michael Schlotman, Exec. VP & CFO (Age 61)
  • Mr. Michael J. Donnelly, Exec. VP & COO (Age 60)
  • Mr. Christopher T. Hjelm, Exec. VP & Chief Information Officer (Age 57)
  • Mr. Stuart W. Aitken, Sr. VP of Alternative Bus. & CEO of 84.51 (Age 47)

Who are Kroger's major shareholders?

Kroger's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.25%), FMR LLC (2.67%), LSV Asset Management (2.51%), Oregon Public Employees Retirement Fund (1.63%), Geode Capital Management LLC (1.51%) and Northern Trust Corp (1.31%). 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 institutional investors are selling Kroger stock?

KR stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Prudential Financial Inc., Worldquant Millennium Quantitative Strategies LLC, Korea Investment CORP, Principal Financial Group Inc., Assenagon Asset Management S.A., United Services Automobile Association and Edmond DE Rothschild Holding S.A.. 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, 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 institutional investors are buying Kroger stock?

KR stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., FMR LLC, Dimensional Fund Advisors LP, Strs Ohio, Amundi Pioneer Asset Management Inc. 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 $24.34.

How big of a company is Kroger?

Kroger has a market capitalization of $19.42 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 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:  2.6 out of 5 (star star)
Outperform Votes:  957 (Vote Outperform)
Underperform Votes:  857 (Vote Underperform)
Total Votes:  1,814
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 3/23/2019 by MarketBeat.com Staff

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