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.
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Industry, Sector and Symbol
Industry Grocery stores
Sub-IndustryFood Retail
SectorRetail/Wholesale
Phone513-762-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$121.16 billion
Profitability
Miscellaneous
Employees453,000
Next Earnings Date12/5/2019 (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, September 19th. Investors of record on Friday, November 15th will be given a dividend of $0.16 per share on Sunday, December 1st. This represents a $0.64 annualized dividend and a yield of 2.64%. The ex-dividend date is Thursday, November 14th. View Kroger's Dividend History.
When did Kroger's stock split? How did Kroger's stock split work?
Kroger shares split on Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly created 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 has approved a stock buyback plan on Friday, March 16th 2018, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.
How were Kroger's earnings last quarter?
Kroger Co (NYSE:KR) issued its earnings results on Thursday, September, 12th. The company reported $0.44 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.03. The company had revenue of $28.17 billion for the quarter, compared to the consensus estimate of $28.34 billion. Kroger had a net margin of 1.36% and a return on equity of 21.17%. Kroger's revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.41 earnings per share. View Kroger's Earnings History.
When is Kroger's next earnings date?
What guidance has Kroger issued on next quarter's earnings?
Kroger updated its FY 2019 earnings guidance on Thursday, September, 12th. The company provided EPS guidance of $2.30-2.40 for the period.
What price target have analysts set for KR?
17 brokers have issued 1-year target prices for Kroger's stock. Their predictions range from $21.00 to $33.00. On average, they expect Kroger's share price to reach $27.47 in the next year. This suggests a possible upside of 13.3% from the stock's current price. View Analyst Price Targets for Kroger.
What is the consensus analysts' recommendation for Kroger?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 1 sell rating, 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’re in line with consensus for in EPS. Following a tentative deal to avoid a strike in Southern California, Kroger appears to have dodged a major bullet within the past few days. However, the resolution of that contract comes as Kroger is still dealing with ongoing labor issues and the threat of a strike at Southwest Washington. VALUATION – Our price target of $26 PT is unchanged reflects a forward PE multiple of 13x our FY19 EPS estimate which is line with Kroger’s historical average. A target EV/EBITDA level of 6.7x is also in line with historical levels and with Ahold/Delhaize. RISKS – If Kroger needs to respond to incremental competitive threats, industry-wide deflationary (or inflationary) pressures, or if there is a significant contraction in the employment cycle, Kroger’s valuation metrics could be at risk." (9/11/2019)
- 2. According to Zacks Investment Research, "Although shares of Kroger lagged the industry in the past three months, it is likely to witness an above average performance in the near term. Kroger is introducing digital coupons; order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. 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. However, the company’s fourth-quarter fiscal 2018 results, wherein the bottom line not only missed the Zacks Consensus Estimate but also declined year over yearAlthough, total sales came ahead of the consensus mark, it fell year over year. Management also provided muted earnings view for fiscal 2019." (5/31/2019)
Has Kroger been receiving favorable news coverage?
Headlines about KR stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kroger earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Kroger.
Are investors shorting Kroger?
Kroger saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 34,310,000 shares, a drop of 9.9% from the August 15th total of 38,090,000 shares. Based on an average daily trading volume, of 9,690,000 shares, the short-interest ratio is currently 3.5 days. Currently, 4.3% of the shares of the stock are short sold. View Kroger's Current Options Chain.
Who are some of Kroger's key competitors?
Some companies that are related to Kroger include Woolworths Group (WOW), Wesfarmers (WES), Alimentation Couche-Tard (ATD.B), Koninklijke Ahold (ADRNY), Loblaw Companies (L), Tesco (TSCO), China Resources Beer Holdings CoLtd (CRHKY), George Weston (WN), Metro (MRU), George Weston (WNGRF), Alimentation Couche-Tard (ATD.A), Ocado Group (OCDO), Empire (EMP.A), Companhia Brasileira de Distribuicao (CBD) and WM Morrison Supermarkets (MRW).
What other stocks do shareholders of Kroger own?
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 variety of of institutional and retail investors. Top institutional shareholders include Country Trust Bank (0.09%), State of Alaska Department of Revenue (0.04%), Gyroscope Capital Management Group LLC (0.03%), Denali Advisors LLC (0.03%), Pacer Advisors Inc. (0.01%) and Crossmark Global Holdings Inc. (0.01%). 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, Stephen M Mckinney, Susan J Kropf 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 Country Trust Bank, Gyroscope Capital Management Group LLC, Crossmark Global Holdings Inc., National Investment Services Inc. WI and Park National Corp OH. Company insiders that have sold Kroger company stock in the last year include Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, J Michael Schlotman, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Stephen M Mckinney and Susan J Kropf. View Insider Buying and Selling for Kroger.
Which major investors are buying Kroger stock?
KR stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, State of Alaska Department of Revenue, CX Institutional, Pacer Advisors Inc., Everence Capital Management Inc., North Star Investment Management Corp., Nelson Van Denburg & Campbell Wealth Management Group LLC and Buckley Wealth 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, Robinhood, Fidelity and Charles Schwab.
What is Kroger's stock price today?
One share of KR stock can currently be purchased for approximately $24.25.
How big of a company is Kroger?
Kroger has a market capitalization of $19.44 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.View Additional Information About Kroger.
What is Kroger's official website?
How can I contact Kroger?
Kroger's mailing address is 1014 VINE ST, 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)
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.
