Wall Street analysts expect that Kohl’s Corporation (NYSE:KSS) will report $0.72 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Kohl’s Corporation’s earnings. The highest EPS estimate is $0.77 and the lowest is $0.66. Kohl’s Corporation reported earnings per share of $0.80 in the same quarter last year, which suggests a negative year-over-year growth rate of 10%. The company is scheduled to announce its next earnings results on Thursday, November 9th.

On average, analysts expect that Kohl’s Corporation will report full year earnings of $3.74 per share for the current fiscal year, with EPS estimates ranging from $3.60 to $3.82. For the next year, analysts forecast that the firm will report earnings of $3.67 per share, with EPS estimates ranging from $3.25 to $4.10. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for Kohl’s Corporation.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings results on Thursday, August 10th. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.19 by $0.05. The company had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. Kohl’s Corporation’s revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.22 EPS.

Several research analysts have issued reports on KSS shares. Zacks Investment Research upgraded shares of Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $41.00 price target for the company in a report on Tuesday, July 11th. Royal Bank Of Canada set a $39.00 price target on shares of Kohl’s Corporation and gave the stock a “sell” rating in a report on Tuesday, August 29th. BidaskClub lowered shares of Kohl’s Corporation from a “hold” rating to a “sell” rating in a report on Sunday, August 20th. Jefferies Group LLC restated a “buy” rating and set a $48.00 price target on shares of Kohl’s Corporation in a report on Sunday, July 30th. Finally, OTR Global restated a “sell” rating on shares of Kohl’s Corporation in a report on Tuesday, August 8th. Six investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $42.68.

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Shares of Kohl’s Corporation (NYSE:KSS) traded up 0.81% on Friday, reaching $44.79. 445,815 shares of the company were exchanged. The company’s 50-day moving average price is $40.51 and its 200 day moving average price is $39.24. Kohl’s Corporation has a 12 month low of $35.16 and a 12 month high of $59.67. The company has a market cap of $7.52 billion, a price-to-earnings ratio of 11.46 and a beta of 1.15.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date of this dividend is Friday, September 1st. Kohl’s Corporation’s payout ratio is 56.41%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KSS. Ffcm LLC raised its stake in shares of Kohl’s Corporation by 179.3% during the 2nd quarter. Ffcm LLC now owns 3,033 shares of the company’s stock worth $120,000 after purchasing an additional 1,947 shares during the period. Johnson Financial Group Inc. raised its stake in shares of Kohl’s Corporation by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock worth $128,000 after purchasing an additional 10 shares during the period. CENTRAL TRUST Co raised its stake in shares of Kohl’s Corporation by 68.6% during the 2nd quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after purchasing an additional 1,352 shares during the period. Exane Derivatives raised its stake in shares of Kohl’s Corporation by 209.8% during the 2nd quarter. Exane Derivatives now owns 3,687 shares of the company’s stock worth $143,000 after purchasing an additional 2,497 shares during the period. Finally, Penserra Capital Management LLC bought a new stake in shares of Kohl’s Corporation during the 2nd quarter worth $146,000.

Kohl’s Corporation Company Profile

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

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Earnings History and Estimates for Kohl`s Corporation (NYSE:KSS)

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