Kohl’s Corporation (NYSE:KSS) Receives Average Rating of “Reduce” from Analysts

Kohl’s Corporation (NYSE:KSS) has earned a consensus rating of “Reduce” from the sixteen ratings firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $15.5455.

A number of analysts recently commented on the company. Robert W. Baird lifted their price target on Kohl’s from $17.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Evercore ISI raised their target price on Kohl’s from $13.00 to $21.00 and gave the company an “in-line” rating in a research report on Tuesday, November 25th. Morgan Stanley boosted their price target on shares of Kohl’s from $5.00 to $9.00 and gave the stock an “underweight” rating in a report on Thursday, September 18th. Cowen restated a “hold” rating on shares of Kohl’s in a research report on Wednesday, November 26th. Finally, Gordon Haskett raised shares of Kohl’s from an “accumulate” rating to a “buy” rating in a research report on Tuesday, November 25th.

Kohl’s Stock Performance

Shares of KSS stock opened at $23.27 on Monday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12. The firm has a 50-day moving average of $18.26 and a 200-day moving average of $14.32. Kohl’s has a one year low of $6.04 and a one year high of $25.22. The company has a market cap of $2.61 billion, a P/E ratio of 13.53 and a beta of 1.45.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The business had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the prior year, the firm posted $0.20 EPS. The firm’s quarterly revenue was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities research analysts forecast that Kohl’s will post 1.3 EPS for the current fiscal year.

Kohl’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, December 10th. Kohl’s’s payout ratio is 29.07%.

Insiders Place Their Bets

In other Kohl’s news, CFO Jill Timm sold 25,000 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $22.75, for a total value of $568,750.00. Following the completion of the sale, the chief financial officer directly owned 335,561 shares of the company’s stock, valued at $7,634,012.75. This trade represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. National Bank of Canada FI purchased a new stake in Kohl’s in the 1st quarter worth about $25,000. Smartleaf Asset Management LLC boosted its position in Kohl’s by 161.8% during the first quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after purchasing an additional 1,887 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of Kohl’s in the third quarter worth about $28,000. IFP Advisors Inc raised its position in shares of Kohl’s by 3,777.6% in the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after purchasing an additional 1,851 shares during the period. Finally, Caldwell Trust Co purchased a new stake in shares of Kohl’s during the 3rd quarter valued at approximately $33,000. Institutional investors own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.