Analysts Set Kohl’s Corporation (NYSE:KSS) Target Price at $12.46

Shares of Kohl’s Corporation (NYSE:KSS) have been given an average recommendation of “Reduce” by the sixteen research firms that are covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $12.4643.

KSS has been the subject of a number of research analyst reports. Evercore ISI lifted their target price on shares of Kohl’s from $8.00 to $13.00 and gave the stock an “in-line” rating in a research report on Thursday, August 28th. Gordon Haskett upgraded shares of Kohl’s from a “hold” rating to an “accumulate” rating in a research note on Wednesday, August 27th. UBS Group lifted their price target on shares of Kohl’s from $4.00 to $4.50 and gave the stock a “sell” rating in a research note on Thursday, August 28th. Telsey Advisory Group lifted their price target on shares of Kohl’s from $9.00 to $16.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 27th. Finally, Wall Street Zen upgraded shares of Kohl’s from a “sell” rating to a “hold” rating in a research note on Monday, September 1st.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming purchased a new position in shares of Kohl’s during the 4th quarter valued at $35,000. National Bank of Canada FI purchased a new position in shares of Kohl’s during the 1st quarter valued at $25,000. Smartleaf Asset Management LLC lifted its stake in shares of Kohl’s by 161.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock valued at $26,000 after buying an additional 1,887 shares in the last quarter. CWM LLC lifted its stake in shares of Kohl’s by 49.7% during the 1st quarter. CWM LLC now owns 4,177 shares of the company’s stock valued at $34,000 after buying an additional 1,386 shares in the last quarter. Finally, Cheviot Value Management LLC purchased a new position in shares of Kohl’s during the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Trading Down 5.2%

NYSE:KSS opened at $15.30 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.19 and a debt-to-equity ratio of 1.00. Kohl’s has a 12 month low of $6.04 and a 12 month high of $21.39. The company has a market cap of $1.71 billion, a PE ratio of 8.27 and a beta of 1.74. The company has a 50 day simple moving average of $12.83 and a two-hundred day simple moving average of $9.83.

Kohl’s (NYSE:KSS) last posted its earnings results on Wednesday, August 27th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.23. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm’s revenue was down 5.0% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. Research analysts forecast that Kohl’s will post 1.3 earnings per share for the current year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 10th. Kohl’s’s dividend payout ratio (DPR) is currently 27.03%.

Kohl’s Company Profile

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.