The Kroger Co. (KR)

NYSE: KR · IEX Real-Time Price · USD
50.43
-0.13 (-0.26%)
At close: Jul 2, 2024, 4:00 PM
50.45
+0.02 (0.03%)
After-hours: Jul 2, 2024, 7:32 PM EDT
-0.26%
Market Cap 36.69B
Revenue (ttm) 150.14B
Net Income (ttm) 2.15B
Shares Out 727.60M
EPS (ttm) 2.93
PE Ratio 17.21
Forward PE 11.17
Dividend $1.28 (2.54%)
Ex-Dividend Date Aug 15, 2024
Volume 4,316,828
Open 50.56
Previous Close 50.56
Day's Range 50.26 - 51.16
52-Week Range 42.10 - 58.34
Beta 0.42
Analysts Buy
Price Target 55.64 (+10.33%)
Earnings Date Jun 20, 2024

About KR

The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. 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. The company's marketplace stores offer full-service ... [Read more]

Industry Grocery Stores
Founded 1883
Employees 414,000
Stock Exchange NYSE
Ticker Symbol KR
Full Company Profile

Financial Performance

In 2023, The Kroger Co.'s revenue was $150.04 billion, an increase of 1.20% compared to the previous year's $148.26 billion. Earnings were $2.16 billion, a decrease of -3.57%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for KR stock is "Buy." The 12-month stock price forecast is $55.64, which is an increase of 10.33% from the latest price.

Price Target
$55.64
(10.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Daily Dividend Report: AT&T, Kroger, Matson, Pfizer, Edison

The board of directors of AT&T today declared a quarterly dividend of $0.2775 per share on the company's common shares. Dividends on the common stock are payable on August 1, 2024, to stockholders of ...

Other symbols: EIXMATXPFET
5 days ago - Forbes

Kroger's Board of Directors Raises Quarterly Dividend by 10%

CINCINNATI , June 27, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors approved a dividend increase from $1.16 to $1.28 per year. The next quarterly dividend of 32 cents per share w...

5 days ago - PRNewsWire

Kroger Recognizes Zero Heroes Across the U.S.

More than 14,600 students recognized for volunteering to serve local communities and fight hunger and waste  CINCINNATI , June 25, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared that 14,6...

7 days ago - PRNewsWire

Independence Day is Red, White and Delicious at Kroger

Retailer helps families honor the holiday with easy grilling recipes for as little as $15 CINCINNATI , June 24, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is helping families honor...

8 days ago - PRNewsWire

Kroger To Gain From Long-Term Margin Support, Higher Customer Visits - Analyst Sees 'Attractive Entry Point'

BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on Kroger Company KR, with a price objective of $70.

11 days ago - Benzinga

Latest on Kroger (KR)/Albertsons (ACI) Merger & Earnings

Kroger (KR) falls after earnings. Kroger reported respectable 1Q earnings as it continues its merger with Albertsons (ACI), notes Burt Flickinger.

Other symbols: ACI
11 days ago - Schwab Network

Kroger CEO on consumer strength, and Albertsons merger

Rodney McMullen, Kroger CEO, joins 'Money Movers' to discuss what's happening with Kroger's pricing dynamic, if the budget-conscious consumer has positive momentum, and McMullen's thoughts on the Albe...

Other symbols: ACI
12 days ago - CNBC Television

Kroger To Gain Traction From Households And Traffic Growth - Analyst Bullish On Future Sales

Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Kroger Company KR, maintaining the forecast at $62.

12 days ago - Benzinga

GLP-1 drugs and other constraints in Kroger's pharmacies are crimping profits

Grocery-store chain Kroger Co. on Thursday reported better-than-expected first-quarter results, helped in part by more enthusiasm from wealthier shoppers, but executives warned that difficulties in th...

12 days ago - Market Watch

Kroger Posts Revenue Beat, Halts Stock Buybacks as It Seeks Approval of Albertsons Deal

Kroger (KR) reported revenue for the first quarter that beat analysts' estimates and said it would pause stock buybacks as it works to get regulatory approval of its $24.6 billion acquisition of rival...

12 days ago - Investopedia

Kroger Sees Private-Label Push Bring Low-Income Shoppers Back

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to gettin...

12 days ago - PYMNTS

Kroger Stock Is Soaring. Earnings Topped Estimates.

The supermarket chain reported first-quarter adjusted earnings of $1.43 a share on revenue of $45.27 billion.

12 days ago - Barrons

Kroger Q1 earnings: we are ‘off to a solid start in 2024'

Kroger Co (NYSE: KR) is trading up in premarket on Thursday after coming in ahead of Street estimates for its first financial quarter.  Shares of the retail firm are still down some 10% versus their y...

12 days ago - Invezz

Kroger beats first-quarter same-store sales estimates on steady grocery demand

Kroger beat Wall Street estimates for quarterly same-store sales on Thursday, benefiting from more customers thronging to its outlets for lower-priced groceries as sticky inflation stretches household...

12 days ago - Reuters

Kroger Reports First Quarter 2024 Results and Reaffirms Guidance

First Quarter Highlights Identical Sales without fuel increased 0.5% Operating Profit of $1,294 million; EPS of $1.29 Adjusted FIFO Operating Profit of $1,499 million and Adjusted EPS of $1.43 Execute...

12 days ago - PRNewsWire

Kroger Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Kroger Co. KR is set to release first quarter financial results, before the opening bell on Thursday.

12 days ago - Benzinga

This Kroger Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...

14 days ago - Benzinga

Why This Kroger Analyst Is Turning Bullish

Kroger Co KR shares were rising in early trading on Tuesday.

14 days ago - Benzinga

Kroger's stock upgraded, as an Albertsons deal or no deal would be a good thing

Shares of Kroger Co. got a nice lift on Tuesday, after BMO Capital's Kelly Bania turned bullish on the supermarket chain, and not just because she's upbeat about earnings due out in two days.

Other symbols: ACI
14 days ago - Market Watch

Kroger, Lennar, Accenture, Darden, and More Stocks to Watch This Week

Markets will be closed on Wednesday for Juneteenth. Plus, earnings reports, retail sales data, and Bank of England and Swiss National Bank interest-rate decisions.

Other symbols: LENACNDRI
16 days ago - Barrons

Every day is Sushi Day at Kroger

Retailer is serving up millions of fresh sushi rolls each year CINCINNATI , June 13, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest sushi retailer, is celebrating International Sush...

19 days ago - PRNewsWire

Kroger Stock Could Use Another Post-Earnings Pop

Cincinnati-based grocery giant Kroger (KR) is gearing up for its first-quarter earnings report, due out before the open Thursday, June 20. A look at KR's history of post-earnings reactions during the ...

19 days ago - Forbes

Kroger Health revamps weight management program to include GLP-1 medication

Grocer Kroger's The Little Clinic revamped its weight management program to allow patients to explore medical treatment, including access to GLP-1s such as Wegovy, Zepabound and others, it said in a s...

25 days ago - Reuters

Kroger Health's The Little Clinic Announces Revamped Weight Management Program

Holistic and personalized approach offers comprehensive options, including GLP-1 medication therapies, to help people achieve health goals  CINCINNATI , June 7, 2024 /PRNewswire/ -- Kroger Health's Th...

25 days ago - PRNewsWire

Kroger Announces First Quarter Conference Call with Investors

CINCINNATI , June 6, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today it will host its first quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, June 20, 2024.

26 days ago - PRNewsWire