Wall Street analysts expect that Kroger Co (NYSE:KR) will report $0.44 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Kroger’s earnings. The highest EPS estimate is $0.49 and the lowest is $0.39. Kroger also reported earnings of $0.44 per share during the same quarter last year. The business is scheduled to report its next quarterly earnings results on Thursday, November 29th.

On average, analysts expect that Kroger will report full-year earnings of $2.11 per share for the current year, with EPS estimates ranging from $2.05 to $2.15. For the next fiscal year, analysts anticipate that the company will post earnings of $2.23 per share, with EPS estimates ranging from $2.12 to $2.35. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Kroger.

Kroger (NYSE:KR) last released its earnings results on Thursday, September 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. Kroger had a net margin of 3.05% and a return on equity of 28.05%. The company had revenue of $27.87 billion during the quarter, compared to the consensus estimate of $27.95 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. The company’s revenue was up 1.0% compared to the same quarter last year.

A number of research firms have issued reports on KR. Pivotal Research downgraded shares of Kroger from a “buy” rating to a “hold” rating and increased their target price for the stock from $30.00 to $31.00 in a research report on Monday, June 25th. Morgan Stanley increased their target price on shares of Kroger from $26.50 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, June 22nd. Wells Fargo & Co increased their target price on shares of Kroger from $33.00 to $36.00 and gave the stock an “outperform” rating in a research report on Monday, September 10th. Northcoast Research reiterated a “buy” rating and issued a $36.00 target price on shares of Kroger in a research report on Monday, July 23rd. Finally, Telsey Advisory Group reiterated a “market perform” rating on shares of Kroger in a research report on Thursday, September 13th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $30.16.

In other news, insider Erin S. Sharp sold 25,314 shares of the stock in a transaction on Tuesday, September 18th. The shares were sold at an average price of $29.00, for a total transaction of $734,106.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Calvin J. Kaufman sold 10,500 shares of the stock in a transaction on Thursday, October 11th. The stock was sold at an average price of $27.47, for a total transaction of $288,435.00. Following the transaction, the senior vice president now owns 124,688 shares in the company, valued at approximately $3,425,179.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,575 shares of company stock worth $1,044,779. 1.07% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the stock. Madison Investment Holdings Inc. grew its stake in Kroger by 6.3% in the 2nd quarter. Madison Investment Holdings Inc. now owns 29,726 shares of the company’s stock valued at $846,000 after buying an additional 1,758 shares during the last quarter. Pinnacle Associates Ltd. grew its stake in Kroger by 4.6% in the 2nd quarter. Pinnacle Associates Ltd. now owns 40,952 shares of the company’s stock valued at $1,165,000 after buying an additional 1,800 shares during the last quarter. TIAA FSB grew its stake in Kroger by 9.7% in the 2nd quarter. TIAA FSB now owns 20,549 shares of the company’s stock valued at $585,000 after buying an additional 1,812 shares during the last quarter. CIBC Asset Management Inc grew its stake in Kroger by 2.0% in the 2nd quarter. CIBC Asset Management Inc now owns 94,607 shares of the company’s stock valued at $2,692,000 after buying an additional 1,837 shares during the last quarter. Finally, First Fiduciary Investment Counsel Inc. grew its stake in Kroger by 0.4% in the 2nd quarter. First Fiduciary Investment Counsel Inc. now owns 448,830 shares of the company’s stock valued at $12,769,000 after buying an additional 1,920 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

KR stock opened at $27.36 on Friday. Kroger has a 12-month low of $20.36 and a 12-month high of $32.74. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.73 and a quick ratio of 0.26. The company has a market capitalization of $23.21 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 2.10 and a beta of 0.92.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, December 1st. Stockholders of record on Thursday, November 15th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 14th. This represents a $0.56 annualized dividend and a dividend yield of 2.05%. Kroger’s dividend payout ratio (DPR) is 27.45%.

About Kroger

The Kroger Co, together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food products for sale in its supermarkets. The company operates supermarkets, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items.

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Earnings History and Estimates for Kroger (NYSE:KR)

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