Is Kroger Co. (NYSE: KR) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Grocery Stores industry segment, falling under the Consumer Defensive sector. The current market capitalization of Kroger Co. is $39.48B. A total of 3.43 million shares were traded on the day, compared to an average of 5.47M shares.

In the most recent transaction, Nichols Brian W sold 2,000 shares of KR for 54.53 per share on Jul 19 ’24. After the transaction, the Vice President & Controller now owns 18,063 company shares. In a previous transaction on Apr 26 ’24, Foley Todd A sold 6,616 shares at 55.69 per share. KR shares that Senior VP & Interim CFO owns now total 46,958.

Among the insiders who sold shares, Kimball Kenneth C disposed of 30,251 shares on Apr 25 ’24 at a per-share price of $55.98. This resulted in the Senior Vice President holding 105,298 shares of KR after the transaction. In another insider transaction, Adcock Mary Ellen sold 82,806 shares at $55.61 per share on Apr 23 ’24. Company shares held by the Senior Vice President now total 193,469.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Kroger Co. pays an annual dividend of $1.16, resulting in a dividend yield of 2.12%, and it has a price to earnings (P/E) ratio of 18.64. KR’s most recent ex-dividend date was 8/15/2024 when it declared a $1.28 quarterly dividend that was paid in cash on 9/1/2024. Previously, the company paid the dividend on 6/1/2024 with an ex-dividend date of 5/14/2024. The KR stock dividend was $0.29 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, KR has a high of $58.34 and a low of $42.10.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. KR’s latest balance sheet shows that the firm has $2.90B in Cash & Short Term Investments as of fiscal 2022. There were $20.44B in debt and $16.32B in liabilities at the time. Its Book Value Per Share was $17.20, while its Total Shareholder’s Equity was $9.43B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KR is Buy with a score of 4.11.

Most Popular

Related Posts