Kroger Historical Annual Stock Price Data
| Year | Average Stock Price | Year Open | Year High | Year Low |
| 2015 | 36.9866 | 31.7650 | 42.6400 | 31.5400 |
| 2014 | 24.4073 | 19.6400 | 32.2550 | 17.6900 |
| 2013 | 17.8807 | 13.1850 | 21.7100 | 12.6400 |
| 2012 | 11.8182 | 12.2600 | 13.4500 | 10.5550 |
Full Answer
What is the all-time high and low for Kroger stock?
The all-time high Kroger stock closing price was 49.48 on January 13, 2022. The Kroger 52-week high stock price is 50.15, which is 2.1% above the current share price. The Kroger 52-week low stock price is 32.00, which is 34.9% below the current share price.
Why did Buffett Buy Kroger stock?
Why Did Buffett Buy Kroger: The Bottom Line Kroger is a long-standing grocery superstore and the biggest supermarket in the U.S. This gave it the opportunity to generate a lot of revenue when panic shoppers rushed to clean out grocery stores across the world. That’s why Buffett bought Kroger stock at the onset of the pandemic.
What's driving Kroger's sales growth during the pandemic?
The gains were driven by a 4% increase in identical sales, which adjust for store openings, closings, and fuel-related transactions. In addition to its focus on providing high-quality, fresh food in stores, Kroger's online channels have become a major part of its growth story during the pandemic.
How much debt does Kroger have?
Although it has $13.47 billion in debt, Kroger has $46.94 billion in total assets to easily take care of them. And despite early panic shopping that made toilet paper and disinfectants scarce resources, the company faced few supply chain issues in spite of logistical challenges.
Why is Kroger stock so high?
The grocery chain's digital sales were up 105% compared to Q4 2019. "Our strategy of leading with fresh and accelerating with digital propelled Kroger to record performance in 2021, on top of record results in 2020," CEO Rodney McMullen said in a press release.
What is the highest Kroger stock has ever been?
The all-time high Kroger stock closing price was 61.67 on April 08, 2022.
When did Kroger stock split?
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. For example, a 1000 share position pre-split, became a 2000 share position following the split. KR's second split took place on October 01, 1986.
Is Kroger a good long term investment?
Earnings Improve For Kroger However, they have been improving the past few quarters. Longer-term growth is better, with earnings rising an average 26% over the past three years. Analysts see full-year EPS falling 2% in fiscal 2023 before returning to 6% growth in fiscal 2024.
Is Kroger in financial trouble?
Based on the latest financial disclosure, Kroger Company has a Probability Of Bankruptcy of 13.0%. This is 64.07% lower than that of the Consumer Defensive sector and 70.01% lower than that of the Grocery Stores industry.
Who owns the most stock in Kroger?
SHARES(16,899,950)CompanyShares% OutThe Vanguard Group, Inc.81,040,58911.33BlackRock, Inc.72,945,02510.19Berkshire Hathaway Inc.57,985,2638.1State Street Global Advisors, Inc.37,777,1785.2816 more rows
Does Warren Buffett own Kroger stock?
Berkshire 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 a good dividend stock?
Kroger Dividend Increase This is the 16th consecutive year of annual dividend increases. The forward yield on the stock is now 2.2%, from 1.7% on a trailing 12-months basis. The setup here is room for continued annual dividend growth above earnings for the next few years given the strong cash flow trends.
Is Kroger going to split?
Kroger Co. on Thursday said its board of directors approved a 13.5% increase to the company's quarterly dividend, a two-for-one split of its common shares, and a new $500 million share repurchase program.
Is Kroger stock safe?
Grocery retailer Kroger is maintaining its position as a strong performer as competitors struggle with inflationary pressures, Cramer said.
Is Kroger stock overvalued?
The stock of The Kroger Co (NYSE:KR, 30-year Financials) is believed to be modestly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.
Is Kroger a strong buy?
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. This supermarket chain is expected to earn $3.91 per share for the fiscal year ending January 2023, which represents a year-over-year change of 6.3%. Analysts have been steadily raising their estimates for Kroger.
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 much debt does Kroger have?
Although it has $13.47 billion in debt, Kroger has $46.94 billion in total assets to easily take care of them. And despite early panic shopping that made toilet paper and disinfectants scarce resources, the company faced few supply chain issues in spite of logistical challenges.
Why did Warren Buffett buy Kroger?
That’s why Buffett bought Kroger stock at the onset of the pandemic.
Did Berkshire Hathaway buy Kroger?
Yes. No. That’s why it’s interesting that Berkshire Hathaway bought into Kroger in the run-up to the panic shopping sprees that took hold of consumers in the first quarter of 2020. He then sold Costco in late 2020, so why did Buffett buy Kroger?
What happened?
Shares of Kroger ( NYSE:KR) dropped 12.1% in September due to a poorly received earnings report and difficult overall market conditions. Despite beating analyst estimates and raising guidance, shares of the grocer fell more than 8% on Sept. 10 following its second-quarter earnings release.
So what?
While Kroger's sales and profits impressed, analysts and investors were less enthused about the company's profit margin. Grocery stores operate with narrow gross margins, and minor disturbances can have major impacts on the bottom line. Kroger's gross margin was 21.4% in the most recent quarter, down from 22.8% last year.
What now?
Kroger's long-term prospects remain unchanged, but investors need to think about the current challenges facing the stock, as well as its valuation. These supply chain issues should eventually be solved, but that will take until 2022 at the earliest.