Kohl’s Corporation (NYSE:KSS) Given Average Rating of “Reduce” by Brokerages

Kohl’s Corporation (NYSE:KSS) has received an average recommendation of “Reduce” from the sixteen brokerages that are covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $14.9231.

A number of research firms have issued reports on KSS. TD Cowen reduced their target price on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Citigroup upgraded shares of Kohl’s from a “neutral” rating to a “buy” rating and raised their price objective for the company from $14.00 to $22.00 in a report on Monday, June 1st. Zacks Research upgraded shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Bank of America dropped their target price on Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. cut their price target on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 10th.

Kohl’s Price Performance

Kohl’s stock opened at $15.46 on Monday. Kohl’s has a 12-month low of $7.93 and a 12-month high of $25.22. The stock has a market cap of $1.75 billion, a P/E ratio of 6.55 and a beta of 1.45. The company has a 50-day moving average price of $13.75 and a 200 day moving average price of $17.00. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period last year, the business earned ($0.13) earnings per share. Kohl’s’s revenue was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Sell-side analysts anticipate that Kohl’s will post 1.31 earnings per share for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.125 per share. The ex-dividend date is Wednesday, June 10th. This represents a $0.50 annualized dividend and a yield of 3.2%. Kohl’s’s payout ratio is presently 21.19%.

Institutional Trading of Kohl’s

Several institutional investors have recently modified their holdings of KSS. Baird Financial Group Inc. purchased a new stake in shares of Kohl’s during the 1st quarter worth approximately $96,000. Caxton Associates LLP purchased a new stake in shares of Kohl’s during the 1st quarter worth approximately $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Kohl’s by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock worth $4,006,000 after buying an additional 60,769 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Kohl’s during the 2nd quarter worth approximately $120,000. Finally, Cetera Investment Advisers lifted its position in shares of Kohl’s by 21.6% during the 2nd quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after buying an additional 5,997 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.