Kohl’s Corporation (NYSE:KSS) Receives $15.55 Consensus PT from Brokerages

Shares of Kohl’s Corporation (NYSE:KSS) have earned a consensus rating of “Reduce” from the sixteen ratings firms that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $15.5455.

KSS has been the subject of a number of recent analyst reports. Telsey Advisory Group restated a “market perform” rating and set a $23.00 price objective (up previously from $16.00) on shares of Kohl’s in a report on Tuesday, November 25th. The Goldman Sachs Group boosted their target price on shares of Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research note on Wednesday, November 26th. Robert W. Baird set a $24.00 price target on shares of Kohl’s in a research note on Wednesday, December 17th. Citigroup lifted their price objective 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. Finally, UBS Group upped their target price on shares of Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a research note on Wednesday, November 26th.

Kohl’s Price Performance

Kohl’s stock opened at $17.70 on Tuesday. Kohl’s has a 12-month low of $6.04 and a 12-month high of $25.22. 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 firm has a 50-day moving average price of $20.71 and a 200-day moving average price of $17.26. The firm has a market capitalization of $1.99 billion, a PE ratio of 10.29 and a beta of 1.44.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 earnings per share 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 company had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the prior year, the company posted $0.20 EPS. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. As a group, equities research analysts forecast that Kohl’s will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th were paid a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $0.50 annualized dividend and a yield of 2.8%. Kohl’s’s dividend payout ratio is 29.07%.

Insider Buying and Selling

In other Kohl’s news, CFO Jill Timm sold 25,000 shares of Kohl’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $22.75, for a total transaction 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. The trade was a 6.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Kohl’s

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Baird Financial Group Inc. bought a new stake in shares of Kohl’s in the first quarter valued at about $96,000. Caxton Associates LLP purchased a new position in Kohl’s during the 1st quarter valued at about $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Kohl’s by 14.2% in 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 valued at $4,006,000 after purchasing an additional 60,769 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Kohl’s by 5.4% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,667 shares of the company’s stock valued at $201,000 after purchasing an additional 1,106 shares in the last quarter. Finally, Truist Financial Corp lifted its position in shares of Kohl’s by 109.5% in the 2nd quarter. Truist Financial Corp now owns 82,429 shares of the company’s stock worth $699,000 after purchasing an additional 43,082 shares during the period. 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.