[PR Newswire] – CINCINNATI, June 7, 2016 /PRNewswire/ — The Kroger Co. (KR) today announced that is has earned a place in the 2016 Newsweek Green Rankings. The Newsweek Green Rankings assess the 500 largest publicly-traded companies in the United States and the 500 largest publicly-traded companies globally on overall environmental performance. “We appreciate being named in Newsweek’s 2016 Green Rankings for Kroger’s efforts to drive sustainability and innovation in the supply chain,” said Jessica Adelman, Kroger’s group vice president of corporate affairs. Read more on this. The Kroger Co. (KR) , with a current market cap of $34.61B, started trading this morning at $36.11. Looking at today’s market, KR one day range is $35.92 to $36.52 with a one year range of $27.32 to $42.75. Kroger (KR) shares are currently priced at 16.18x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.42x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $0.42 per share annually in dividends, yielding 1.16%. In a review of the consensus earnings estimate this quarter, 25 sell-side analysts are looking at $0.69 per share, which would be $0.06 better than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.24 would be a $0.18 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $34.86 Billion. If realized, that would be a 5.48% increase over the year-ago quarter. Recently, Sun Trust Rbsn Humphrey Initiated KR at Neutral (May 3, 2016). Previously, Macquarie downgraded KR from Neutral to Underperform. Given all the information above, we should disclose to readers that the average price target is $41.91, which is 16.06% above than it opened this morning. See more in (NYSE:KR) Similar Articles: Company Update: The Kroger Co (NYSE:KR) – Kroger’s Central Division Ratifies Agreement with UFCW Local 700 Company Update: The Kroger Co (NYSE:KR) – Kroger to Participate in the BMO Capital Markets Farm to Market Conference Stock Update: The Kroger Co (NYSE:KR) – Kroger Recalls Broccoli Raisin Salad after Supplier Listeria Concern