Kohl’s (NYSE:KSS) issued its quarterly earnings data on Tuesday. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.02, Bloomberg Earnings reports. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. The business had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.36 billion. During the same period last year, the company posted $0.70 EPS. The company’s revenue was up 1.3% on a year-over-year basis. Kohl’s updated its FY 2018 guidance to $5.35-5.55 EPS and its FY19 guidance to $5.35-5.55 EPS.

Shares of NYSE KSS opened at $64.45 on Wednesday. Kohl’s has a 52-week low of $43.68 and a 52-week high of $83.28. The firm has a market cap of $11.84 billion, a PE ratio of 15.38, a P/E/G ratio of 1.94 and a beta of 1.10. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 0.53.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Stockholders of record on Wednesday, December 12th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 3.79%. Kohl’s’s dividend payout ratio is presently 58.23%.

In other news, Director Stephanie A. Streeter sold 4,776 shares of the business’s stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $81.50, for a total transaction of $389,244.00. Following the completion of the sale, the director now directly owns 24,860 shares of the company’s stock, valued at approximately $2,026,090. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ratnakar Lavu sold 12,205 shares of the business’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $82.00, for a total transaction of $1,000,810.00. The disclosure for this sale can be found here. Insiders have sold a total of 75,788 shares of company stock valued at $6,104,331 over the last three months. Corporate insiders own 1.20% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Blair William & Co. IL grew its stake in shares of Kohl’s by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 100,238 shares of the company’s stock valued at $7,473,000 after buying an additional 627 shares during the period. Harvest Fund Management Co. Ltd grew its stake in shares of Kohl’s by 39.2% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,551 shares of the company’s stock valued at $190,000 after buying an additional 718 shares during the period. Independent Advisor Alliance grew its stake in shares of Kohl’s by 8.5% during the 3rd quarter. Independent Advisor Alliance now owns 9,534 shares of the company’s stock valued at $674,000 after buying an additional 749 shares during the period. OLD National Bancorp IN lifted its holdings in shares of Kohl’s by 1.3% during the 3rd quarter. OLD National Bancorp IN now owns 57,193 shares of the company’s stock valued at $4,263,000 after acquiring an additional 750 shares in the last quarter. Finally, Radnor Capital Management LLC lifted its holdings in shares of Kohl’s by 2.5% during the 3rd quarter. Radnor Capital Management LLC now owns 30,725 shares of the company’s stock valued at $2,291,000 after acquiring an additional 755 shares in the last quarter.

Several analysts have commented on the stock. Credit Suisse Group lifted their target price on shares of Kohl’s from $74.00 to $78.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 22nd. MKM Partners lifted their target price on shares of Kohl’s to $81.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 22nd. Royal Bank of Canada set a $82.00 target price on shares of Kohl’s and gave the stock a “hold” rating in a research note on Wednesday, August 22nd. Guggenheim reaffirmed a “buy” rating and issued a $85.00 target price on shares of Kohl’s in a research note on Tuesday, August 21st. Finally, Telsey Advisory Group lifted their target price on shares of Kohl’s from $86.00 to $99.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $78.20.

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About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Earnings History for Kohl`s (NYSE:KSS)

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