Kroger (NYSE:KR) Announces Earnings Results, Beats Estimates By $0.02 EPS

Kroger (NYSE:KR) posted its quarterly earnings data on Thursday. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02, FiscalAI reports. Kroger had a net margin of 1.86% and a return on equity of 32.62%. The business had revenue of $33.86 billion for the quarter, compared to analyst estimates of $34.27 billion. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Kroger’s quarterly revenue was up .7% on a year-over-year basis. Kroger updated its FY 2025 guidance to 4.750-4.800 EPS.

Kroger Trading Down 4.6%

NYSE:KR opened at $63.15 on Friday. The company has a market cap of $41.85 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 1.93 and a beta of 0.58. The company has a current ratio of 0.95, a quick ratio of 0.54 and a debt-to-equity ratio of 1.85. The company has a 50 day simple moving average of $66.48 and a two-hundred day simple moving average of $68.25. Kroger has a 12 month low of $57.69 and a 12 month high of $74.90.

Kroger Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were issued a $0.35 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.40 annualized dividend and a yield of 2.2%. Kroger’s dividend payout ratio (DPR) is currently 35.53%.

Institutional Trading of Kroger

Several large investors have recently modified their holdings of KR. Brighton Jones LLC grew its stake in shares of Kroger by 27.3% during the 4th quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock valued at $962,000 after purchasing an additional 3,373 shares during the period. Woodline Partners LP boosted its holdings in shares of Kroger by 40.7% in the first quarter. Woodline Partners LP now owns 56,243 shares of the company’s stock worth $3,807,000 after buying an additional 16,270 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Kroger during the second quarter valued at approximately $201,000. NewEdge Advisors LLC grew its position in Kroger by 11.5% during the second quarter. NewEdge Advisors LLC now owns 97,288 shares of the company’s stock valued at $6,978,000 after buying an additional 10,051 shares during the period. Finally, Nebula Research & Development LLC purchased a new stake in Kroger during the second quarter valued at approximately $1,840,000. Institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Evercore ISI dropped their price target on Kroger from $82.00 to $80.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 14th. Wall Street Zen downgraded Kroger from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 26th. Roth Capital raised Kroger from a “neutral” rating to a “buy” rating and set a $75.00 target price on the stock in a research note on Wednesday, September 17th. Roth Mkm raised Kroger from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $66.00 to $75.00 in a research report on Wednesday, September 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Kroger in a research note on Monday. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $74.22.

Kroger Company Profile

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.