Kohl's Co. Announces Quarterly Dividend of $0.39 (KSS)
Kohl's Co. (NYSE:KSS) announced a quarterly dividend on Thursday, August 14th, Analyst Ratings News reports. Investors of record on Wednesday, September 10th will be paid a dividend of 0.39 per share on Wednesday, September 24th. This represents a $1.56 annualized dividend and a dividend yield of 2.79%.
KSS has been the subject of a number of recent research reports. Analysts at Jefferies Group raised their price target on shares of Kohl's Co. from $62.00 to $64.00 in a research note on Tuesday. They now have a “buy” rating on the stock. On the ratings front, analysts at TheStreet upgraded shares of Kohl's Co. to a “buy” rating in a research note on Friday, August 1st. They noted that the move was a valuation call. Finally, analysts at TheStreet downgraded shares of Kohl's Co. to a “hold” rating in a research note on Friday, July 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $58.70.
Kohl's Co. (NYSE:KSS) opened at 55.11 on Thursday. Kohl's Co. has a 1-year low of $48.68 and a 1-year high of $59.00. The stock has a 50-day moving average of $52.98 and a 200-day moving average of $53.67. The company has a market cap of $11.425 billion and a price-to-earnings ratio of 13.92. Kohl's Co. also saw unusually large options trading on Monday. Stock investors acquired 11,774 call options on the stock. This represents an increase of 646% compared to the average daily volume of 1,579 call options.
Kohl's Co. (NYSE:KSS) last announced its earnings results on Thursday, August 14th. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.07 by $0.06. The company had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.28 billion. On average, analysts predict that Kohl's Co. will post $4.26 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.
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