Kohl’s (NYSE:KSS) Issues Earnings Results

Kohl’s (NYSE:KSS) released its quarterly earnings data on Tuesday. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.29, FiscalAI reports. The company had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.37 billion. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. Kohl’s updated its FY 2025 guidance to 1.250-1.450 EPS.

Kohl’s Price Performance

Shares of KSS opened at $16.01 on Tuesday. The company has a market capitalization of $1.79 billion, a P/E ratio of 8.65 and a beta of 1.78. The firm has a 50 day moving average of $16.31 and a 200 day moving average of $12.78. Kohl’s has a twelve month low of $6.04 and a twelve month high of $21.39. The company has a quick ratio of 0.19, a current ratio of 1.36 and a debt-to-equity ratio of 1.00.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be issued a dividend of $0.125 per share. The ex-dividend date is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.1%. Kohl’s’s dividend payout ratio is presently 27.03%.

Institutional Trading of Kohl’s

A number of large investors have recently made changes to their positions in the stock. Baird Financial Group Inc. bought a new stake in shares of Kohl’s in the first quarter worth $96,000. Caxton Associates LLP bought a new stake in shares of Kohl’s during the first quarter valued at approximately $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Kohl’s by 14.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after acquiring an additional 60,769 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Kohl’s in the second quarter worth about $120,000. Finally, Cetera Investment Advisers increased its stake in Kohl’s by 21.6% in the 2nd quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after acquiring an additional 5,997 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Evercore ISI lifted their price objective on Kohl’s from $8.00 to $13.00 and gave the company an “in-line” rating in a research note on Thursday, August 28th. Robert W. Baird upped their price objective on shares of Kohl’s from $9.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Citigroup raised their price target on Kohl’s from $16.00 to $19.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. UBS Group raised their price target on shares of Kohl’s from $4.00 to $4.50 and gave the stock a “sell” rating in a report on Thursday, August 28th. Finally, Barclays lifted their price objective on Kohl’s from $5.00 to $8.00 and gave the stock an “underweight” rating in a research report on Thursday, August 28th. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $12.75.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.