Wall Street brokerages predict that Kohl’s Corporation (NYSE:KSS) will announce sales of $4.30 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Kohl’s Corporation’s earnings. The lowest sales estimate is $4.27 billion and the highest is $4.34 billion. Kohl’s Corporation posted sales of $4.33 billion during the same quarter last year, which suggests a negative year-over-year growth rate of 0.7%. The company is expected to report its next quarterly earnings report on Thursday, November 9th.

On average, analysts expect that Kohl’s Corporation will report full year sales of $4.30 billion for the current financial year, with estimates ranging from $18.40 billion to $18.73 billion. For the next financial year, analysts forecast that the company will report sales of $18.35 billion per share, with estimates ranging from $18.03 billion to $18.80 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Kohl’s Corporation.

Kohl’s Corporation (NYSE:KSS) last announced its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.05. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter last year, the business earned $1.22 earnings per share. Kohl’s Corporation’s revenue was down .9% compared to the same quarter last year.

A number of research firms have recently issued reports on KSS. OTR Global restated a “sell” rating on shares of Kohl’s Corporation in a report on Tuesday, August 8th. Deutsche Bank AG upped their price objective on shares of Kohl’s Corporation from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, August 8th. Robert W. Baird reiterated a “neutral” rating and issued a $43.00 price objective on shares of Kohl’s Corporation in a research note on Thursday, September 7th. Instinet reiterated a “buy” rating and issued a $51.00 price objective (up previously from $41.00) on shares of Kohl’s Corporation in a research note on Thursday, August 10th. Finally, Gordon Haskett upgraded shares of Kohl’s Corporation from a “reduce” rating to a “hold” rating and upped their price objective for the company from $36.00 to $37.00 in a research note on Thursday, August 10th. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $42.68.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Johnson Financial Group Inc. boosted its holdings 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 buying an additional 10 shares during the period. Botty Investors LLC boosted its holdings in shares of Kohl’s Corporation by 0.8% during the 1st quarter. Botty Investors LLC now owns 11,745 shares of the company’s stock worth $467,000 after buying an additional 95 shares during the period. Advantus Capital Management Inc boosted its holdings in shares of Kohl’s Corporation by 0.7% during the 1st quarter. Advantus Capital Management Inc now owns 17,611 shares of the company’s stock worth $701,000 after buying an additional 114 shares during the period. Northside Capital Management LLC boosted its holdings in shares of Kohl’s Corporation by 1.4% during the 1st quarter. Northside Capital Management LLC now owns 11,316 shares of the company’s stock worth $450,000 after buying an additional 155 shares during the period. Finally, Sentry Investment Management LLC boosted its holdings in shares of Kohl’s Corporation by 1.2% during the 2nd quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock worth $499,000 after buying an additional 158 shares during the period.

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Shares of Kohl’s Corporation (NYSE KSS) opened at 45.13 on Friday. The firm has a market cap of $7.58 billion, a price-to-earnings ratio of 11.55 and a beta of 1.15. The company’s 50-day moving average is $40.61 and its 200-day moving average is $39.25. Kohl’s Corporation has a 12 month low of $35.16 and a 12 month high of $59.67.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend is Friday, September 1st. Kohl’s Corporation’s dividend payout ratio is currently 56.41%.

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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