Kohl's Co. Declares Quarterly Dividend of $0.39 (KSS)
Kohl's Co. (NYSE:KSS) announced a quarterly dividend on Thursday, May 15th, Analyst RN reports. Shareholders of record on Wednesday, June 11th will be paid a dividend of 0.39 per share on Wednesday, June 25th. This represents a $1.56 annualized dividend and a dividend yield of 2.89%.
KSS has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Kohl's Co. in a research note on Tuesday, March 4th. They now have a $59.00 price target on the stock. On a related note, analysts at MKM Partners raised their price target on shares of Kohl's Co. from $59.00 to $63.00 in a research note on Thursday, February 27th. They now have a “buy” rating on the stock. Finally, analysts at Sterne Agee upgraded shares of Kohl's Co. from a “neutral” rating to a “buy” rating in a research note on Thursday, February 27th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $58.00.
Kohl's Co. (NYSE:KSS) opened at 54.03 on Thursday. Kohl's Co. has a one year low of $48.68 and a one year high of $59.00. The stock has a 50-day moving average of $55.32 and a 200-day moving average of $54.64. The company has a market cap of $11.268 billion and a P/E ratio of 13.80.
Kohl's Co. (NYSE:KSS) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.63 by $0.03. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.22 billion. On average, analysts predict that Kohl's Co. will post $4.31 earnings per share for the current fiscal year.
Kohl’s Corporation (NYSE:KSS) operate family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.