Wall Street brokerages expect that Kohl’s Co. (NYSE:KSS) will report earnings per share (EPS) of $0.86 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Kohl’s’ earnings. The lowest EPS estimate is $0.80 and the highest is $0.89. Kohl’s reported earnings per share of $0.98 in the same quarter last year, which indicates a negative year over year growth rate of 12.2%. The company is expected to announce its next earnings results on Tuesday, November 19th.

According to Zacks, analysts expect that Kohl’s will report full-year earnings of $5.23 per share for the current financial year, with EPS estimates ranging from $5.10 to $5.45. For the next fiscal year, analysts expect that the business will post earnings of $5.34 per share, with EPS estimates ranging from $4.84 to $6.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Kohl’s.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, August 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.04. Kohl’s had a net margin of 3.69% and a return on equity of 15.94%. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.25 billion. During the same quarter last year, the firm posted $1.76 EPS. Kohl’s’s revenue was down 3.1% compared to the same quarter last year.

Several analysts recently issued reports on the stock. Citigroup reduced their price target on shares of Kohl’s from $71.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, May 22nd. Jefferies Financial Group dropped their price objective on Kohl’s from $100.00 to $95.00 and set a “buy” rating on the stock in a research note on Tuesday, May 21st. Zacks Investment Research cut Kohl’s from a “hold” rating to a “sell” rating and set a $50.00 price objective on the stock. in a research note on Thursday, August 22nd. OTR Global cut Kohl’s to a “positive” rating in a research note on Friday, August 2nd. Finally, Robert W. Baird dropped their price objective on Kohl’s from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 22nd. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $60.06.

NYSE KSS traded up $0.29 during mid-day trading on Monday, hitting $52.99. The company’s stock had a trading volume of 496,080 shares, compared to its average volume of 4,589,044. The company’s 50 day simple moving average is $48.61 and its 200 day simple moving average is $57.32. Kohl’s has a twelve month low of $43.33 and a twelve month high of $83.28. The company has a current ratio of 1.65, a quick ratio of 0.36 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $8.39 billion, a price-to-earnings ratio of 9.46, a PEG ratio of 1.00 and a beta of 1.01.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Tuesday, September 10th. Kohl’s’s payout ratio is 47.86%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Kohl’s by 13.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,977,774 shares of the company’s stock valued at $373,520,000 after acquiring an additional 949,985 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Kohl’s by 21.5% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 4,574,025 shares of the company’s stock valued at $217,495,000 after acquiring an additional 808,197 shares during the period. Wells Fargo & Company MN raised its stake in Kohl’s by 0.4% in the 1st quarter. Wells Fargo & Company MN now owns 3,293,372 shares of the company’s stock valued at $226,483,000 after acquiring an additional 13,559 shares during the period. Geode Capital Management LLC raised its stake in Kohl’s by 6.4% in the 4th quarter. Geode Capital Management LLC now owns 2,939,284 shares of the company’s stock valued at $194,900,000 after acquiring an additional 177,898 shares during the period. Finally, Nuveen Asset Management LLC raised its stake in Kohl’s by 582.0% in the 2nd quarter. Nuveen Asset Management LLC now owns 2,865,250 shares of the company’s stock valued at $136,243,000 after acquiring an additional 2,445,155 shares during the period. Institutional investors own 99.41% of the company’s stock.

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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Earnings History and Estimates for Kohl`s (NYSE:KSS)

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