Telsey Advisory Group Reiterates Kroger (KR) Outperform Recommendation
Fintel reports that on September 6, 2023, Telsey Advisory Group reiterated coverage of Kroger (NYSE:KR) with a Outperform recommendation.
Analyst Price Forecast Suggests 14.64% Upside
As of August 31, 2023, the average one-year price target for Kroger is 51.61. The forecasts range from a low of 36.36 to a high of $68.25. The average price target represents an increase of 14.64% from its latest reported closing price of 45.02.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Kroger is 156,318MM, an increase of 5.04%. The projected annual non-GAAP EPS is 4.35.
Kroger Declares $0.29 Dividend
On June 22, 2023 the company declared a regular quarterly dividend of $0.29 per share ($1.16 annualized). Shareholders of record as of August 15, 2023 received the payment on September 1, 2023. Previously, the company paid $0.26 per share.
At the current share price of $45.02 / share, the stock's dividend yield is 2.58%.