The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
About KR Financial Performance Analyst Forecast News Independence Day is Red, White and Delicious at Kroger Kroger To Gain From Long-Term Margin Support, Higher Customer Visits - Analyst Sees 'Attractive Entry Point' Latest on Kroger (KR)/Albertsons (ACI) Merger & Earnings Kroger CEO on consumer strength, and Albertsons merger Kroger To Gain Traction From Households And Traffic Growth - Analyst Bullish On Future Sales GLP-1 drugs and other constraints in Kroger's pharmacies are crimping profits Kroger Posts Revenue Beat, Halts Stock Buybacks as It Seeks Approval of Albertsons Deal Kroger Sees Private-Label Push Bring Low-Income Shoppers Back Kroger Stock Is Soaring. Earnings Topped Estimates. Kroger Q1 earnings: we are ‘off to a solid start in 2024' Kroger beats first-quarter same-store sales estimates on steady grocery demand Kroger Reports First Quarter 2024 Results and Reaffirms Guidance Kroger Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call This Kroger Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday Why This Kroger Analyst Is Turning Bullish Kroger's stock upgraded, as an Albertsons deal or no deal would be a good thing Kroger, Lennar, Accenture, Darden, and More Stocks to Watch This Week Every day is Sushi Day at Kroger Kroger Stock Could Use Another Post-Earnings Pop Kroger Health revamps weight management program to include GLP-1 medication Kroger Health's The Little Clinic Announces Revamped Weight Management Program Kroger Announces First Quarter Conference Call with Investors Kroger Kicks Off Summer with 45,000 Pints of Free Ice Cream Washington state paying law firm Munger to fight Kroger-Albertsons merger Top 5 Defensive Stocks That May Explode This Quarter - Molson Coors Beverage (NYSE:TAP) FAQs References

NYSE: KR · IEX Real-Time Price · USD

50.02

-0.19 (-0.38%)

At close: Jun 24, 2024, 4:00 PM

50.14

+0.12 (0.24%)

After-hours: Jun 24, 2024, 4:20 PM EDT

-0.38% (1D)

Market Cap 36.39B
Revenue (ttm) 150.04B
Net Income (ttm) 2.16B
Shares Out 727.60M
EPS (ttm) 2.96
PE Ratio 16.90
Forward PE 10.92
Dividend $1.16 (2.32%)
Ex-Dividend Date May 14, 2024
Volume 10,272,855
Open 50.15
Previous Close 50.21
Day's Range 49.97 - 50.44
52-Week Range 42.10 - 58.34
Beta 0.42
Analysts Buy
Price Target 55.64 (+11.24%)
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

Sector Consumer Staples

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 11.24% from the latest price.

Price Target

$55.64

(11.24% upside)

Analyst Consensus: Buy

Stock Forecasts

News

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (1)

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...

3 hours ago - PRNewsWire

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (2)

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.

3 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

3 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

4 days ago - CNBC Television

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (3)

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.

4 days ago - Benzinga

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (4)

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...

4 days ago - Market Watch

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (5)

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...

4 days ago - Investopedia

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (6)

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...

4 days ago - PYMNTS

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (7)

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.

4 days ago - Barrons

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (8)

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...

4 days ago - Invezz

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (9)

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...

4 days ago - Reuters

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (10)

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...

4 days ago - PRNewsWire

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (11)

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.

4 days ago - Benzinga

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (12)

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...

6 days ago - Benzinga

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (13)

Why This Kroger Analyst Is Turning Bullish

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

6 days ago - Benzinga

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (14)

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

6 days ago - Market Watch

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (15)

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

8 days ago - Barrons

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (16)

Every day is Sushi Day at Kroger

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

11 days ago - PRNewsWire

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (17)

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 ...

11 days ago - Forbes

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (18)

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...

17 days ago - Reuters

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (19)

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...

17 days ago - PRNewsWire

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (20)

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.

18 days ago - PRNewsWire

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (21)

Kroger Kicks Off Summer with 45,000 Pints of Free Ice Cream

Retailer celebrates the start of summer by giving away 50 pints of Kroger Brand ice cream for every minute of sunlight on the summer solstice, totaling 45,000 pints CINCINNATI , June 5, 2024 /PRNewswi...

19 days ago - PRNewsWire

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (22)

Washington state paying law firm Munger to fight Kroger-Albertsons merger

Washington state has agreed to pay U.S. law firm Munger, Tolles & Olson up to $2.5 million for legal work on its lawsuit seeking to block Kroger's $25 billion purchase of rival grocer Albertsons , con...

Other symbols: ACI

21 days ago - Reuters

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (23)

Top 5 Defensive Stocks That May Explode This Quarter - Molson Coors Beverage (NYSE:TAP)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: TAPAGROHRLSAM

24 days ago - Benzinga

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

The Kroger Co. (KR) Stock Price, Quote & News - Stock Analysis? ›

Kroger Company has 14.88% upside potential, based on the analysts' average price target. Is KR a Buy, Sell or Hold? Kroger Company has a consensus rating of Moderate Buy which is based on 6 buy ratings, 4 hold ratings and 1 sell ratings.

Is Kroger a good stock to buy right now? ›

Kroger Company has 14.88% upside potential, based on the analysts' average price target. Is KR a Buy, Sell or Hold? Kroger Company has a consensus rating of Moderate Buy which is based on 6 buy ratings, 4 hold ratings and 1 sell ratings.

What is the price target for KR? ›

Stock Price Targets
High$70.00
Median$58.50
Low$48.00
Average$58.25
Current Price$50.43

What is Kroger stock price forecast for 2024? ›

Prediction based on Rule 16 of the current Kroger contract
LowTargetHigh
45.8450.3755.91

Who is the biggest shareholder for Kroger? ›

Hedge funds don't have many shares in Kroger. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 11%. For context, the second largest shareholder holds about 7.9% of the shares outstanding, followed by an ownership of 6.9% by the third-largest shareholder.

Is Kroger a good long-term investment? ›

KR boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Kroger are trading at a forward earnings multiple of 10.9X, as well as a PEG Ratio of 1.8, a Price/Cash Flow ratio of 5.1X, and a Price/Sales ratio of 0.2X.

What grocery chain is Kroger buying out? ›

The Federal Trade Commission today sued to block the largest proposed supermarket merger in U.S. history—Kroger Company's $24.6 billion acquisition of the Albertsons Companies, Inc.

What is the 5 year forecast for KR stock? ›

quote is equal to 50.560 USD at 2024-07-02. Based on our forecasts, a long-term increase is expected, the "KR" stock price prognosis for 2029-06-27 is 72.002 USD. With a 5-year investment, the revenue is expected to be around +42.41%. Your current $100 investment may be up to $142.41 in 2029.

How often does KR pay dividends? ›

This is the total amount of dividends paid out to shareholders in a year. The Kroger Co.'s ( KR ) ex-dividend date is May 14, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. The Kroger Co. ( KR ) pays dividends on a quarterly basis.

What is the target price prediction? ›

The average price target for Target is $177.63. This is based on 27 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $209.00 ,the lowest forecast is $116.00. The average price target represents 22.17% Increase from the current price of $145.39.

Is Kroger overvalued? ›

The intrinsic value of one KR stock under the Base Case scenario is 72.41 USD. Compared to the current market price of 50.43 USD, Kroger Co is Undervalued by 30%.

What will Kroger stock price be in 2030? ›

What is the The Kroger stock prediction for 2030? According to our The Kroger stock prediction for 2030, KR stock will be priced at $ 91.55 in 2030. This forecast is based on the stock's average growth over the past 10 years.

Has Kroger stock split? ›

Kroger stock (symbol: KR) underwent a total of 5 stock splits. The most recent stock split occurred on July 14th, 2015. One KR share bought prior to May 29th, 1979 would equal to 32 KR shares today.

Does Warren Buffett own Kroger? ›

Warren Buffett's Berkshire Hathaway (NYSE:BRK) owns 50 million shares of Kroger (NYSE:KR) stock, which is roughly 6.9% of the company. And while it's a large percentage of Kroger, it only represents approximately 0.6% of Berkshire's portfolio.

Should I buy Kroger stock today? ›

Kroger has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.

Is Kroger affiliated with China? ›

The Kroger Co. has partnered with Alibaba Group Holding Ltd to sell its products in China, in what will be the Cincinnati-based supermarket chain's first-ever international grocery venture outside the United States.

Is Kroger a dividend paying stock? ›

Yes, KR's past year earnings per share was $2.96, and their annual dividend per share is $1.16. KR's dividend payout ratio is 23.66% ($1.16/$2.96) which is sustainable.

Is Kroger stock undervalued? ›

The intrinsic value of one KR stock under the Base Case scenario is 72.41 USD. Compared to the current market price of 50.43 USD, Kroger Co is Undervalued by 30%.

Has Kroger had a stock split? ›

Stock split history for Kroger (KR)

Kroger stock (symbol: KR) underwent a total of 5 stock splits. The most recent stock split occurred on July 14th, 2015. One KR share bought prior to May 29th, 1979 would equal to 32 KR shares today.

Is Walmart stock a buy, sell, or hold? ›

Walmart has a consensus rating of Strong Buy, which is based on 27 buy ratings, 2 hold ratings and 0 sell ratings.

References

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