Kohl’s Corporation to Issue Quarterly Dividend of $0.13 (NYSE:KSS)

Kohl’s Corporation (NYSE:KSS) announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Wednesday, June 10th will be given a dividend of 0.125 per share on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Wednesday, June 10th.

Kohl’s has decreased its dividend payment by an average of 0.1%per year over the last three years. Kohl’s has a dividend payout ratio of 98.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Kohl’s to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 35.5%.

Kohl’s Stock Up 4.1%

KSS opened at $12.23 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.46 and a quick ratio of 0.37. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 5.18 and a beta of 1.46. The business has a 50-day moving average of $13.42 and a two-hundred day moving average of $17.22. Kohl’s has a 12 month low of $7.47 and a 12 month high of $25.22.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the previous year, the business earned $0.95 EPS. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, research analysts expect that Kohl’s will post 1.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Bank of America decreased their target price on Kohl’s from $18.00 to $15.00 and set an “underperform” rating for the company in a report on Thursday, March 12th. TD Cowen decreased their target price on Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. JPMorgan Chase & Co. decreased their price target on Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a report on Tuesday, March 10th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $17.00 price target on shares of Kohl’s in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $14.77.

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.