Brokerages Set Kohl’s Corporation (NYSE:KSS) Target Price at $15.55

Shares of Kohl’s Corporation (NYSE:KSS) have earned an average recommendation of “Reduce” from the sixteen analysts that are currently covering the company, MarketBeat reports. Six analysts have rated the stock with a sell rating, eight have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $15.7273.

Several analysts have weighed in on the stock. Cowen reiterated a “hold” rating on shares of Kohl’s in a research note on Wednesday, November 26th. Barclays raised their price target on shares of Kohl’s from $5.00 to $8.00 and gave the stock an “underweight” rating in a research report on Thursday, August 28th. The Goldman Sachs Group boosted their price objective on shares of Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research report on Wednesday, November 26th. UBS Group increased their price objective on shares of Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a report on Wednesday, November 26th. Finally, Citigroup boosted their price target on shares of Kohl’s from $19.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th.

Insider Activity

In related news, CFO Jill Timm sold 10,000 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 325,561 shares in the company, valued at approximately $7,813,464. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Harbor Capital Advisors Inc. bought a new position in Kohl’s during the third quarter worth about $28,000. IFP Advisors Inc raised its holdings in shares of Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after buying an additional 1,851 shares in the last quarter. Caldwell Trust Co bought a new position in shares of Kohl’s during the 3rd quarter worth approximately $33,000. Future Financial Wealth Managment LLC lifted its position in shares of Kohl’s by 400.0% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock worth $38,000 after buying an additional 2,000 shares during the period. Finally, iSAM Funds UK Ltd acquired a new stake in Kohl’s in the 3rd quarter valued at $39,000. Institutional investors own 98.04% of the company’s stock.

Kohl’s Price Performance

Kohl’s stock opened at $22.47 on Monday. The firm has a fifty day moving average of $18.65 and a 200-day moving average of $14.58. Kohl’s has a 52-week low of $6.04 and a 52-week high of $25.22. The company has a quick ratio of 0.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $2.52 billion, a P/E ratio of 13.06 and a beta of 1.45.

Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The business had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the prior year, the firm earned $0.20 earnings per share. The business’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. As a group, analysts predict that Kohl’s will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.2%. Kohl’s’s dividend payout ratio is presently 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.