Kroger (NYSE:KR) Releases FY 2025 Earnings Guidance

Kroger (NYSE:KR) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 4.750-4.800 for the period, compared to the consensus EPS estimate of 4.780. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages recently commented on KR. Roth Mkm raised shares of Kroger from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $66.00 to $75.00 in a research note on Wednesday, September 17th. JPMorgan Chase & Co. dropped their target price on Kroger from $75.00 to $73.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Wall Street Zen downgraded shares of Kroger from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of Kroger in a research report on Monday. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $82.00 price target on shares of Kroger in a research report 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 data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $74.22.

Kroger Price Performance

Shares of NYSE:KR opened at $63.15 on Friday. Kroger has a one year low of $57.69 and a one year high of $74.90. The company has a market cap of $41.85 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 1.93 and a beta of 0.58. The company has a debt-to-equity ratio of 1.85, a current ratio of 0.95 and a quick ratio of 0.54. The firm has a 50 day simple moving average of $66.48 and a 200 day simple moving average of $68.25.

Kroger (NYSE:KR) last posted its earnings results on Thursday, December 4th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02. The business had revenue of $33.86 billion for the quarter, compared to the consensus estimate of $34.27 billion. Kroger had a net margin of 1.86% and a return on equity of 32.62%. The firm’s revenue was up .7% compared to the same quarter last year. During the same period last year, the company earned $0.98 EPS. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. Research analysts predict that Kroger will post 4.44 earnings per share for the current fiscal year.

Kroger Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a dividend of $0.35 per share. The ex-dividend date was Friday, November 14th. This represents a $1.40 annualized dividend and a dividend yield of 2.2%. Kroger’s dividend payout ratio is 35.53%.

Institutional Trading of Kroger

Several hedge funds have recently modified their holdings of KR. Sunbelt Securities Inc. boosted its position in shares of Kroger by 98.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,249 shares of the company’s stock worth $152,000 after purchasing an additional 1,118 shares in the last quarter. Danske Bank A S acquired a new position in Kroger during the 3rd quarter worth approximately $24,827,000. OmniStar Financial Group Inc. bought a new position in Kroger in the third quarter worth approximately $403,000. Keystone Financial Group grew its stake in Kroger by 7.8% in the third quarter. Keystone Financial Group now owns 11,429 shares of the company’s stock valued at $765,000 after acquiring an additional 826 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of Kroger by 18.4% during the third quarter. NewEdge Advisors LLC now owns 115,153 shares of the company’s stock valued at $7,762,000 after acquiring an additional 17,865 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

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.