Kohl’s Corporation (NYSE:KSS) Announces $0.12 Quarterly Dividend

Kohl’s Corporation (NYSE:KSS) announced a quarterly dividend on Tuesday, August 18th. Stockholders of record on Wednesday, September 9th will be given a dividend of 0.125 per share on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 9th.

Kohl’s has decreased its dividend by an average of 0.1%annually over the last three years. Kohl’s has a payout ratio of 98.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities analysts expect Kohl’s to earn $1.40 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 35.7%.

Kohl’s Stock Performance

KSS opened at $18.70 on Wednesday. The stock has a market cap of $2.12 billion, a P/E ratio of 7.93 and a beta of 1.40. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31. The stock’s 50 day simple moving average is $18.10 and its 200 day simple moving average is $16.02. Kohl’s has a 1-year low of $11.38 and a 1-year high of $25.22.

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

Analysts Set New Price Targets

KSS has been the subject of a number of recent research reports. Bank of America dropped their price objective on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research note on Friday, May 29th. JPMorgan Chase & Co. boosted their price target on Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a report on Tuesday. Morgan Stanley restated an “underweight” rating and issued a $15.00 price objective on shares of Kohl’s in a research report on Monday, July 6th. Zacks Research lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Finally, TD Cowen raised their price target on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, Kohl’s presently has a consensus rating of “Reduce” and an average target price of $15.46.

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.