Brokers Offer Predictions for Kohl's' Q3 Earnings (NYSE:KSS)

Key Points

• Zacks Research lowered Kohl’s Q3 EPS estimate to $0.03 from $0.04, while maintaining a “Strong-Buy” rating. The broader analyst consensus is more cautious, with a “Reduce” rating and an average price target of $16.17.
• Kohl’s recently reported EPS of $1.28, beating estimates of $0.58, on revenue of $3.52 billion versus the $3.32 billion consensus. Revenue nevertheless declined 0.9% year over year.
• The stock was trading at $16.29 after falling 5.2%; Kohl’s also declared a quarterly dividend of $0.125, equivalent to a 3.1% annualized yield.

Kohl's Corporation (NYSE:KSS - Free Report) - Equities researchers at Zacks Research decreased their Q3 2028 EPS estimates for shares of Kohl's in a research report issued to clients and investors on Tuesday, September 15th. Zacks Research analyst Team now anticipates that the company will earn $0.03 per share for the quarter, down from their prior estimate of $0.04. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Kohl's' current full-year earnings is $2.09 per share. Zacks Research also issued estimates for Kohl's' Q4 2028 earnings at $1.00 EPS and FY2028 earnings at $1.45 EPS.

Kohl's (NYSE:KSS - Get Free Report) last issued its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.70. Kohl's had a net margin of 1.75% and a return on equity of 6.75%. The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the firm earned $0.56 earnings per share. The business's quarterly revenue was down .9% compared to the same quarter last year. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS.

Several other equities analysts have also recently issued reports on the company. Wall Street Zen cut Kohl's from a "buy" rating to a "hold" rating in a research report on Sunday, June 7th. JPMorgan Chase & Co. raised their price target on Kohl's from $15.00 to $17.00 and gave the company an "underweight" rating in a report on Tuesday, August 18th. Bank of America decreased their price target on Kohl's from $15.00 to $14.00 and set an "underperform" rating on the stock in a research note on Friday, May 29th. Citigroup upgraded Kohl's from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $14.00 to $22.00 in a research report on Monday, June 1st. Finally, Telsey Advisory Group raised their target price on Kohl's from $17.00 to $18.00 and gave the company a "market perform" rating in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, Kohl's presently has a consensus rating of "Reduce" and an average target price of $16.17.

Kohl's Trading Down 5.2%

NYSE KSS opened at $16.29 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $1.85 billion, a P/E ratio of 7.11 and a beta of 1.37. Kohl's has a 52-week low of $11.38 and a 52-week high of $25.22. The firm has a 50-day moving average price of $18.23 and a 200 day moving average price of $15.97.

Kohl's Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.1%. Kohl's's dividend payout ratio is currently 21.83%.

Insider Buying and Selling at Kohl's

In related news, EVP Jennifer Kent sold 22,942 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total value of $458,840.00. Following the sale, the executive vice president owned 234,452 shares in the company, valued at $4,689,040. This represents a 8.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is currently owned by corporate insiders.

Institutional Trading of Kohl's

A number of institutional investors have recently bought and sold shares of KSS. Arrowstreet Capital Limited Partnership boosted its position in shares of Kohl's by 107.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company's stock worth $31,980,000 after acquiring an additional 1,286,710 shares during the last quarter. Hsbc Holdings PLC increased its position in Kohl's by 1,497.7% during the fourth quarter. Hsbc Holdings PLC now owns 1,141,932 shares of the company's stock worth $23,406,000 after purchasing an additional 1,070,457 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in Kohl's during the second quarter worth approximately $13,487,000. Dimensional Fund Advisors LP raised its stake in Kohl's by 13.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company's stock worth $81,811,000 after purchasing an additional 744,539 shares during the period. Finally, Amundi raised its stake in Kohl's by 1,409.3% during the second quarter. Amundi now owns 515,833 shares of the company's stock worth $9,141,000 after purchasing an additional 481,657 shares during the period. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

About Kohl's

Kohl's Corporation is a U.S.-based department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings and other consumer merchandise. Its offerings include national brands, private-label products and merchandise for women, men, children and the home.

The company operates through a combination of physical stores and digital channels, serving customers across the United States. Kohl's also features Sephora shop-in-shop locations and online beauty offerings, broadening its assortment beyond traditional department-store categories.

Founded in 1962 and headquartered in Menomonee Falls, Wisconsin, Kohl's has grown from a regional retailer into a nationwide chain.

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