Kroger (NYSE:KR) Price Target Raised to $71.00 at Citigroup

Kroger (NYSE:KR) had its price objective upped by Citigroup from $68.00 to $71.00 in a research note published on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other equities research analysts have also commented on the company. JPMorgan Chase & Co. dropped their target price on Kroger from $73.00 to $71.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. Wells Fargo & Company lowered shares of Kroger from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $70.00 to $68.00 in a research report on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Kroger in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft raised shares of Kroger from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a report on Thursday, January 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $82.00 price objective on shares of Kroger in a research note on Thursday. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Kroger currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.56.

Kroger Stock Performance

Shares of KR stock opened at $73.46 on Monday. The business has a fifty day moving average of $65.57 and a 200 day moving average of $65.86. Kroger has a 1 year low of $58.60 and a 1 year high of $74.90. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42. The firm has a market capitalization of $46.49 billion, a price-to-earnings ratio of 48.01, a price-to-earnings-growth ratio of 1.89 and a beta of 0.62.

Kroger (NYSE:KR) last posted its quarterly earnings results on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.08. The business had revenue of $34.73 billion for the quarter, compared to the consensus estimate of $35.10 billion. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.14 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, research analysts expect that Kroger will post 4.44 earnings per share for the current year.

Kroger Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Friday, February 13th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, February 13th. Kroger’s dividend payout ratio (DPR) is currently 91.50%.

Institutional Investors Weigh In On Kroger

Several hedge funds have recently bought and sold shares of KR. Ares Financial Consulting LLC purchased a new stake in Kroger during the fourth quarter worth $25,000. Princeton Global Asset Management LLC increased its holdings in Kroger by 268.1% in the fourth quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock valued at $26,000 after buying an additional 303 shares in the last quarter. MV Capital Management Inc. acquired a new position in shares of Kroger in the fourth quarter worth about $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of Kroger in the second quarter worth about $28,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Kroger during the 4th quarter worth about $28,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

More Kroger News

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger re-launches its large “Customer Appreciation Week” promotion (March 11–17), which should drive traffic and short-term same-store-sales and margin opportunities from exclusive deal drops. Kroger Brings Back Customer Appreciation Week with Special Savings
• Positive Sentiment: CEO-elect Rodney Foran is publicly bullish on Kroger’s prospects (“has all the ingredients to win”), signaling continuity on growth and merchandising execution that investors typically view as supportive for longer-term revenue and margin improvement. Kroger has ‘all the ingredients to win,’ new CEO Foran says
• Positive Sentiment: Market signals show bullish positioning: heavy call-option buying suggests some traders expect upside in the near term. Stock Traders Buy High Volume of Call Options on Kroger (NYSE:KR)
• Positive Sentiment: Roth MKM reiterated a “Buy” on KR, providing analyst-level support that can counterbalance neutral/negative takes. Kroger’s (KR) “Buy” Rating Reiterated at Roth Mkm
• Neutral Sentiment: Citigroup raised its price target from $68 to $71 but kept a “Neutral” rating — a modest upward revision that still sits below Kroger’s current price, signaling limited immediate upside from this update. Benzinga
• Neutral Sentiment: Sen. John Boozman purchased Kroger shares — a small, non-company insider signal that may draw attention but is unlikely to move fundamentals. Sen. John Boozman Purchases Shares of The Kroger Co. (NYSE:KR)
• Negative Sentiment: Supermarket News highlights concerns that working conditions could worsen under the new CEO — labor tensions or morale issues raise the risk of higher costs, union friction or operational disruptions. SN top 10: Will working conditions worsen at Kroger under new CEO?
• Negative Sentiment: A report links a popular frozen chicken sold at Kroger (and Trader Joe’s) to possible glass contamination — a product-safety story that can prompt recalls, erode consumer trust and hit near-term sales and costs if confirmed. This popular frozen chicken from Trader Joe’s and Kroger may have glass in it

Kroger Company Profile

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.