Zacks Research Issues Optimistic Outlook for Kohl’s Earnings

Kohl’s Corporation (NYSE:KSS) – Stock analysts at Zacks Research lifted their Q2 2028 earnings estimates for Kohl’s in a research report issued to clients and investors on Tuesday, December 16th. Zacks Research analyst Team now anticipates that the company will earn $0.36 per share for the quarter, up from their prior estimate of $0.35. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Kohl’s’ current full-year earnings is $1.30 per share.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.29. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The firm had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the company posted $0.20 earnings per share. The company’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.

Several other brokerages have also issued reports on KSS. Citigroup boosted their price target on shares of Kohl’s from $19.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Morgan Stanley raised their price target on shares of Kohl’s from $5.00 to $9.00 and gave the stock an “underweight” rating in a research note on Thursday, September 18th. Gordon Haskett upgraded Kohl’s from an “accumulate” rating to a “buy” rating in a research note on Tuesday, November 25th. UBS Group increased their target price on Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a report on Wednesday, November 26th. Finally, Robert W. Baird set a $24.00 price target on shares of Kohl’s in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $15.73.

Kohl’s Stock Performance

KSS opened at $22.47 on Thursday. The stock’s 50 day simple moving average is $18.65 and its 200-day simple moving average is $14.58. The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. The stock has a market cap of $2.52 billion, a PE ratio of 13.06 and a beta of 1.45. Kohl’s has a 1 year low of $6.04 and a 1 year high of $25.22.

Institutional Investors Weigh In On Kohl’s

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Kohl’s by 37.0% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 197,974 shares of the company’s stock worth $1,649,000 after acquiring an additional 53,518 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Kohl’s by 11.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,968,634 shares of the company’s stock valued at $16,103,000 after purchasing an additional 197,088 shares in the last quarter. Amundi raised its holdings in Kohl’s by 650.5% in the first quarter. Amundi now owns 426,699 shares of the company’s stock worth $3,490,000 after purchasing an additional 369,841 shares during the period. Public Sector Pension Investment Board boosted its position in shares of Kohl’s by 27.4% during the first quarter. Public Sector Pension Investment Board now owns 352,978 shares of the company’s stock worth $2,887,000 after purchasing an additional 75,858 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Kohl’s by 29.7% during the first quarter. Invesco Ltd. now owns 2,973,512 shares of the company’s stock worth $24,323,000 after purchasing an additional 680,766 shares in the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Kohl’s

In related news, CFO Jill Timm sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the transaction, the chief financial officer owned 325,561 shares in the company, valued at $7,813,464. The trade was a 2.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Kohl’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 10th. Kohl’s’s dividend payout ratio is 29.07%.

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.