In the last trading session, 6.51 million shares of the Kroger Co (NYSE:KR) were traded, and its beta was 0.57. Most recently the company’s share price was $66.01, and it changed around $0.45 or 0.69% from the last close, which brings the market valuation of the company to $43.95B. KR currently trades at a discount to its 52-week high of $73.63, offering almost -11.54% off that amount. The share price’s 52-week low was $49.04, which indicates that the current value has risen by an impressive 25.71% since then.
Kroger Co stock received a consensus recommendation rating of Hold, based on a mean score of 2.26. If we narrow it down even further, the data shows that 0 out of 25 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 12 recommended KR as a Hold, whereas 9 deemed it a Buy, and 1 rated it as Underweight. Kroger Co is expected to report earnings per share of 1.46 for the current quarter.
Kroger Co (NYSE:KR) trade information
Instantly KR has showed a green trend with a performance of 0.69% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 66.26 on recent trading dayincreased the stock’s daily price by 0.38%. The company’s shares are currently up 7.95% year-to-date, but still up 0.79% over the last five days. On the other hand, Kroger Co (NYSE:KR) is -2.35% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $65.5, which translates to bulls needing to decrease their stock price by -0.78% from its current value. Analyst projections state that KR is forecast to be at a low of $58 and a high of $73.
Kroger Co (KR) estimates and forecasts
The year-over-year growth rate is expected to be 1.52%, up from the previous year.
Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 45.31B in revenue for the current quarter. 17 analysts expect Kroger Co to make 34.1B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 45.27B and 33.91B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.09%. Forecasts for the next quarter put sales growth at 0.54%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.51%. Kroger Co earnings are expected to increase by 6.15% in 2025, but the outlook is positive 7.59% per year for the next five years.
KR Dividends
Kroger Co’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.45 percent and its annual dividend per share was 0.96. It is important to note, however, that the 1.45% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
BLACKROCK INC., with 8.5685% or 61.78 million shares worth $3.08 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
