Kroger (NYSE:KR – Get Free Report) is projected to announce its Q1 2026 earnings results before the market opens on Friday, June 20th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $45.35 billion for the quarter.
Kroger Trading Down 0.0%
Shares of Kroger stock opened at $65.99 on Wednesday. The business has a fifty day simple moving average of $68.87 and a two-hundred day simple moving average of $65.08. Kroger has a 1 year low of $49.04 and a 1 year high of $73.63. The company has a market capitalization of $43.61 billion, a price-to-earnings ratio of 17.98, a P/E/G ratio of 1.97 and a beta of 0.58. The company has a debt-to-equity ratio of 2.13, a current ratio of 0.96 and a quick ratio of 0.52.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Evercore ISI dropped their price target on Kroger from $76.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday. Melius raised Kroger from a “sell” rating to a “hold” rating and set a $70.00 price target for the company in a research note on Tuesday, May 20th. Roth Capital set a $58.00 price target on Kroger in a research note on Thursday, March 6th. Citigroup boosted their price target on Kroger from $61.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday, March 7th. Finally, JPMorgan Chase & Co. boosted their price target on Kroger from $72.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $68.11.
Insider Transactions at Kroger
In other news, SVP Kenneth C. Kimball sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $65.37, for a total transaction of $719,070.00. Following the transaction, the senior vice president now directly owns 127,106 shares of the company’s stock, valued at $8,308,919.22. This represents a 7.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Valerie L. Jabbar sold 31,271 shares of the stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $69.08, for a total value of $2,160,200.68. Following the completion of the sale, the senior vice president now directly owns 82,684 shares of the company’s stock, valued at $5,711,810.72. The trade was a 27.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 122,679 shares of company stock valued at $8,584,776 over the last ninety days. 0.44% of the stock is owned by company insiders.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Kroger stock. Woodline Partners LP lifted its position in shares of The Kroger Co. (NYSE:KR – Free Report) by 40.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 56,243 shares of the company’s stock after acquiring an additional 16,270 shares during the quarter. Woodline Partners LP’s holdings in Kroger were worth $3,807,000 at the end of the most recent quarter. 80.93% of the stock is owned by institutional investors.
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.
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