Who holds Kroger's stock?
Only 1.35% of the stock of Kroger is held by insiders. 81.53% of the stock of Kroger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
What is the Kroger 52-week low stock price?
The Kroger 52-week low stock price is 32.00, which is 34.9% below the current share price. The average Kroger stock price for the last 52 weeks is 39.63. For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.
When does Kroger release its next quarterly earnings?
Kroger is scheduled to release its next quarterly earnings announcement on Thursday, June 16th 2022. View our earnings forecast for Kroger. How were Kroger's earnings last quarter? The Kroger Co. (NYSE:KR) posted its earnings results on Thursday, March, 3rd.
What is the upside for Kroger's stock?
Their forecasts range from $22.00 to $35.00. On average, they expect Kroger's stock price to reach $28.1765 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Kroger.
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When was the last Kroger stock split?
Jul. 14, 2015Split HistoryDateRatioJul. 14, 20152:1Jun. 29, 19992:1Apr. 23, 19972:1Oct. 01, 19862:11 more row•5 days ago
Who owns the most Kroger stock?
SHARES(16,845,044)CompanyShares% OutThe Vanguard Group, Inc.81,040,58911.24BlackRock, Inc.72,945,02510.12Berkshire Hathaway Inc.57,985,2638.04State Street Global Advisors, Inc.37,777,1785.2416 more rows
What is the highest Kroger stock has been?
The all-time high Kroger stock closing price was 61.67 on April 08, 2022.
Is Kroger a good stock to buy now?
Kroger stock is not a buy at the moment. It is well extended beyond its most recent entry. In addition, the stock market is currently in the midst of a correction. This makes buying stocks risky.
Did Kroger stock split?
According to our Kroger stock split history records, Kroger has had 5 splits.
Who is buying Kroger?
Berkshire HathawayBerkshire Hathaway first took a stake in Kroger in the fourth quarter of 2019, when it bought 18.9 million shares. The company added shares early in 2020 and then bought 26 million shares over two quarters, lifting its Kroger holdings to 51 million by the end of the first quarter 2021.
Is Kroger in financial trouble?
Kroger may seem like a grocery chain that's too big too fail, but could 2022 bring detrimental change to this food giant? September of 2021 saw the grocer's shares drop by 9.1%, per Reuters. Executives have attributed wastage, discounts, and the global supply chain disruption to these falling numbers.
Is Kroger a Buy Sell or Hold?
Kroger has received a consensus rating of Hold. The company's average rating score is 1.94, and is based on 4 buy ratings, 7 hold ratings, and 5 sell ratings.
Who owns Kroger now?
Starting in early 2020, Berkshire Hathaway began buying shares of Kroger, and by August 2021 became a top ten shareholder. In 2021 the company was reported to have been breached by a third-party hack which compromised the pharmacy records of Kroger owned Fred Meyer and QFC stores' customers.
Why did Kroger stock drop?
Kroger's stock was falling early Friday after Citi analysts downgraded the shares, citing inflationary pressures and several other headwinds for the grocery chain.
Is Kroger stock undervalued?
KR's P/CF compares to its industry's average P/CF of 13.46. Over the past year, KR's P/CF has been as high as 7.77 and as low as 3.49, with a median of 4.80. These figures are just a handful of the metrics value investors tend to look at, but they help show that Kroger is likely being undervalued right now.
How much is Krogers debt?
Kroger's total debt last quarter was $20.44 billion. Kroger's total debt for fiscal years ending February 2018 to 2022 averaged $18.609 billion. Kroger's operated at median total debt of $20.44 billion from fiscal years ending February 2018 to 2022.
Is Kroger stock a Buy, Sell or Hold?
Kroger stock has received a consensus rating of hold. The average rating score is and is based on 13 buy ratings, 19 hold ratings, and 13 sell rati...
What was the 52-week low for Kroger stock?
The low in the last 52 weeks of Kroger stock was 36.78. According to the current price, Kroger is 138.93% away from the 52-week low.
What was the 52-week high for Kroger stock?
The high in the last 52 weeks of Kroger stock was 62.77. According to the current price, Kroger is 81.39% away from the 52-week high.
What are analysts forecasts for Kroger stock?
The 45 analysts offering price forecasts for Kroger have a median target of 42.04, with a high estimate of 75.00 and a low estimate of 28.00. The m...
Where is Kroger located?
The Kroger Co. headquartered in Cincinnati, OH, is one of the world's largest food retailers. The Kroger Co. formats include supermarkets, price-impact warehouse stores, and multi-department stores, which are similar to supercenters, but offer an expanded variety of national brand appeal and general merchandise.
Is Kroger a three tier company?
Kroger is the only major U.S. supermarket company to operate an economical three-tier distribution system. Kroger also operates food production or manufacturing facilities producing high quality private-label products that provide value for customers and enhanced margins for Kroger.
How long has the new division president been with H-E-B?
The new division president has over 34 years of grocery retailing experience, most of which was spent with H-E-B.
Is Kroger a Knapp?
Kroger Co (NYSE: KR) will partner with KNAPP , a smart automation and specialized software solutions provider, to modernize and expand the retailer’s existing Great Lakes Distribution Center in Delaware, Ohio. The facility is under renovation and expected to finish this summer. The distribution center uses a combination of KNAPP OSR (order, storage, and retrieval) shuttles that deliver grocery cases in an exact sequence to the RUNPICK robotic palletizers. The expansion of the facility is part of
Does Kroger have stores in Florida?
But now it has made a major push into the Sunshine State this year and believes it can compete with the big boys – without opening any stores.
How much did Kroger buy back?
Last month, Kroger announced a $1 billion stock-buyback program. The $1 billion in profits being funneled to shareholders could have been invested in Kroger's stores, customers, infrastructure, and labor force.
Why were stock buybacks illegal?
From the 1930s until the early days of the Reagan administration, stock buybacks were illegal because they were a tool for market manipulation.
Why do we buy back stocks?
Stock buybacks basically exist to leverage money away from workers and consumers and toward the already-wealthy investor class — many of whom are the same executives who voted to approve the buyback scheme in the first place.
Does chipotle have a buyback program?
Anti-worker employers love to aggressively promote buybacks even as they blame workers for cost increases, as Chipotle did earlier this year, and they shamelessly pursue financial support from the government even though they've enacted a long-term program of stock buybacks that could instead have helped them weather difficult times, as the airlines have done .
When did Kroger split its stock?
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 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.
When will Kroger repurchase its stock?
Kroger announced that its board has initiated a share buyback plan on Thursday, June 17th 2021, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.
Where is Kroger located in 2021?
As of January 30, 2021, the company operated 2,742 retail food stores under various banner names in 35 states and the District of Columbia as well as an online retail store. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio. Read More.
What is the official website of Kroger?
The official website for Kroger is www.thekrogerco.com.
What is the stock symbol for Kroger?
Kroger trades on the New York Stock Exchange (NYSE) under the ticker symbol "KR."
What is the peg ratio of Kroger?
Kroger has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.
What is Kroger's business?
The Kroger Co. operates as a 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 grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provide grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,596 fuel centers. As of January 30, 2021, the company operated 2,742 retail food stores under various banner names in 35 states and the District of Columbia as well as an online retail store. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.
How many stock splits does Kroger have?
Kroger (KR) has 5 splits in our Kroger stock split history database. The first split for KR took place on May 29, 1979. This was a 2 for 1 split, meaning for each share of KR owned pre-split, the shareholder now owned 2 shares.
What happens when a company splits its stock?
When a company such as Kroger splits its shares, the market capitalization before and after the split takes place remains stable , meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers.
When did KR split 5th?
KR's 5th split took place on July 14, 2015. This was a 2 for 1 split, meaning for each share of KR owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
Does a lower price stock increase market capitalization?
If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Is Kroger a supermarket?
Kroger operates as a retailer. Co. also manufactures and processes some of the food for sale in its supermarkets. Supermarkets are generally operated under one of the following formats: combination food and drug stores (combo stores); multi-department stores; marketplace stores; or price impact warehouses. The combo stores provide specialty ...
How many stock splits does Kroger have?
Kroger (KR) has 5 splits in our Kroger stock split history database. The first split for KR took place on May 29, 1979. This was a 2 for 1 split, meaning for each share of KR owned pre-split, the shareholder now owned 2 shares.
What happens when a company splits its stock?
When a company such as Kroger splits its shares, the market capitalization before and after the split takes place remains stable , meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers.
When did KR split 5th?
KR's 5th split took place on July 14, 2015. This was a 2 for 1 split, meaning for each share of KR owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
Does a lower price stock increase market capitalization?
If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Is Kroger a supermarket?
Kroger operates as a retailer. Co. also manufactures and processes some of the food for sale in its supermarkets. Supermarkets are generally operated under one of the following formats: combination food and drug stores (combo stores); multi-department stores; marketplace stores; or price impact warehouses. The combo stores provide specialty ...
The supermarket chain suffered two big drops last month. Here's what happened
As a technology and consumer goods specialist for the Fool, Steve looks for responsible businesses that positively shape our lives. Then he invests accordingly. Enjoy his work? Connect with him on Twitter & Facebook so you don't miss a thing.
What happened
Shares of The Kroger Co. ( NYSE:KR) fell 21.7% in June, according to data provided by S&P Global Market Intelligence, thanks to a combination of the grocery chain's disappointing quarterly report, and Amazon.com 's ( NASDAQ:AMZN) acquisition of Whole Foods Market ( NASDAQ:WFM).
So what
To be sure, Kroger shares declined nearly 19% on June 15, 2017, the first trading day after the company posted adjusted quarterly earnings that were roughly in line with expectations.
Now what
As fellow Fool Chuck Saletta argued shortly after Kroger's second plunge last month, Kroger is no stranger to lower-margin grocery titans trying to muscle into its turf, and even grew stronger as it successfully fended off its incoming competitors.
