Brokerages Set Kohl’s Corporation (NYSE:KSS) Target Price at $15.31

Shares of Kohl’s Corporation (NYSE:KSS) have received an average recommendation of “Reduce” from the sixteen brokerages that are currently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $15.3077.

KSS has been the subject of several research reports. UBS Group lifted their price target on Kohl’s from $8.00 to $9.00 and gave the company a “sell” rating in a report on Friday, May 29th. Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Gordon Haskett lowered shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a research report on Friday, May 15th. Zacks Research cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $15.00 target price on shares of Kohl’s in a research report on Monday, July 6th.

Kohl’s Trading Up 5.2%

NYSE KSS opened at $20.13 on Tuesday. Kohl’s has a 1-year low of $10.74 and a 1-year high of $25.22. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $2.28 billion, a PE ratio of 8.53 and a beta of 1.40. The firm’s fifty day simple moving average is $17.21 and its 200-day simple moving average is $15.94.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter last year, the firm earned ($0.13) earnings per share. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, sell-side analysts anticipate that Kohl’s will post 1.36 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Wednesday, June 10th. Kohl’s’s payout ratio is presently 21.19%.

Hedge Funds Weigh In On Kohl’s

Several hedge funds have recently bought and sold shares of the business. IFP Advisors Inc boosted its stake in shares of Kohl’s by 3,777.6% during the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after acquiring an additional 1,851 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Kohl’s by 233.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after acquiring an additional 1,167 shares in the last quarter. iSAM Funds UK Ltd bought a new position in shares of Kohl’s in the 3rd quarter valued at approximately $39,000. Plato Investment Management Ltd acquired a new stake in Kohl’s in the 4th quarter worth approximately $42,000. Finally, Hantz Financial Services Inc. lifted its holdings in Kohl’s by 164.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after purchasing an additional 1,308 shares during the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.