Kroger (NYSE:KR) Updates FY 2025 Earnings Guidance
by Teresa Graham · The Cerbat GemKroger (NYSE:KR – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 4.750-4.800 for the period, compared to the consensus earnings per share estimate of 4.780. The company issued revenue guidance of -.
Kroger Trading Down 0.6%
KR opened at $62.76 on Friday. The firm’s 50 day moving average is $66.43 and its 200-day moving average is $68.21. The firm has a market capitalization of $41.59 billion, a P/E ratio of 58.11, a P/E/G ratio of 1.84 and a beta of 0.58. Kroger has a 52-week low of $57.69 and a 52-week high of $74.90. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 2.28.
Kroger (NYSE:KR – Get Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. The firm had revenue of $33.86 billion for the quarter, compared to analyst estimates of $34.27 billion. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.98 EPS. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. Analysts expect that Kroger will post 4.44 EPS for the current fiscal year.
Kroger Announces Dividend
The business also recently declared 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 of this dividend was Friday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.2%. Kroger’s dividend payout ratio (DPR) is presently 35.53%.
Analyst Ratings Changes
Several analysts recently issued reports on KR shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Kroger in a report on Monday. Argus set a $85.00 price target on shares of Kroger in a research report on Thursday, September 18th. Guggenheim reiterated a “buy” rating and issued a $78.00 price target on shares of Kroger in a research note on Wednesday, November 19th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $80.00 target price (down previously from $82.00) on shares of Kroger in a report on Monday, December 1st. Finally, Evercore ISI set a $77.00 price target on Kroger and gave the company an “outperform” rating in a report on Friday. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Kroger has an average rating of “Moderate Buy” and a consensus target price of $73.61.
Get Our Latest Research Report on Kroger
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. JPL Wealth Management LLC bought a new position in Kroger in the 3rd quarter worth approximately $31,000. Rakuten Securities Inc. grew its position in Kroger by 253.9% in the 2nd quarter. Rakuten Securities Inc. now owns 584 shares of the company’s stock valued at $42,000 after buying an additional 419 shares in the last quarter. WFA of San Diego LLC acquired a new position in Kroger during the 2nd quarter valued at about $50,000. Transamerica Financial Advisors LLC raised its position in shares of Kroger by 62.2% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 1,466 shares of the company’s stock worth $105,000 after buying an additional 562 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Kroger in the 2nd quarter worth approximately $130,000. Institutional investors own 80.93% of the company’s stock.
About Kroger
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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