Bank of America reiterated their buy rating on shares of Kohl’s (NYSE:KSS) in a report released on Wednesday. The brokerage currently has a $80.00 target price on the stock.

KSS has been the subject of a number of other reports. Atlantic Securities raised Kohl’s from an underweight rating to a neutral rating and set a $71.50 target price for the company in a research note on Wednesday, March 6th. Guggenheim reaffirmed a buy rating and issued a $80.00 target price on shares of Kohl’s in a research note on Tuesday, March 5th. Zacks Investment Research raised Kohl’s from a hold rating to a buy rating and set a $76.00 target price for the company in a research note on Tuesday, March 12th. Telsey Advisory Group reaffirmed an outperform rating and issued a $80.00 target price (down from $90.00) on shares of Kohl’s in a research note on Friday, January 11th. Finally, Cowen reaffirmed a buy rating and issued a $82.00 target price on shares of Kohl’s in a research note on Wednesday, November 21st. One analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $75.58.

NYSE KSS opened at $67.98 on Wednesday. Kohl’s has a one year low of $57.89 and a one year high of $83.28. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.77 and a quick ratio of 0.50. The firm has a market capitalization of $11.23 billion, a P/E ratio of 12.14, a PEG ratio of 1.62 and a beta of 0.77.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $2.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.18 by $0.06. Kohl’s had a return on equity of 16.97% and a net margin of 3.95%. The firm had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.55 billion. During the same period in the prior year, the company earned $1.87 EPS. The firm’s revenue was down 3.4% compared to the same quarter last year. On average, sell-side analysts forecast that Kohl’s will post 6.01 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Wednesday, March 20th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.94%. This is an increase from Kohl’s’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Tuesday, March 19th. Kohl’s’s dividend payout ratio (DPR) is presently 43.57%.

Several large investors have recently modified their holdings of KSS. Truehand Inc purchased a new position in Kohl’s during the 4th quarter valued at about $26,000. Loeb Partners Corp purchased a new position in Kohl’s during the 4th quarter valued at about $28,000. We Are One Seven LLC purchased a new position in Kohl’s during the 4th quarter valued at about $47,000. Capital Investment Advisory Services LLC purchased a new position in Kohl’s during the 4th quarter valued at about $51,000. Finally, Daiwa SB Investments Ltd. boosted its holdings in Kohl’s by 26.3% during the 4th quarter. Daiwa SB Investments Ltd. now owns 1,010 shares of the company’s stock valued at $67,000 after acquiring an additional 210 shares during the period.

Kohl’s Company Profile

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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Analyst Recommendations for Kohl`s (NYSE:KSS)

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