Zacks Research Has Optimistic View of Kohl's FY2027 Earnings

Key Points

• Zacks Research raised Kohl’s FY2027 EPS forecast to $2.05 from $1.23 and maintained a “Strong-Buy” rating, broadly aligning with the $2.09 consensus estimate.
• Kohl’s recently reported quarterly EPS of $1.28, well above the $0.58 analyst consensus, while revenue reached $3.52 billion versus expectations of $3.32 billion. The company reaffirmed FY2026 EPS guidance of $1.80–$2.40.
• Despite Zacks’ bullish view, broader analyst sentiment remains cautious: Kohl’s has a consensus “Reduce” rating and an average price target of $16.17, while Zacks sharply lowered its FY2029 EPS forecast to $1.16 from $1.92.

Kohl's Corporation (NYSE:KSS - Free Report) - Zacks Research boosted their FY2027 EPS estimates for shares of Kohl's in a research report issued on Tuesday, September 15th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $2.05 for the year, up from their previous estimate of $1.23. Zacks Research currently 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' Q1 2028 earnings at ($0.19) EPS, Q2 2028 earnings at $0.60 EPS, Q1 2029 earnings at ($0.31) EPS, Q2 2029 earnings at $0.76 EPS and FY2029 earnings at $1.16 EPS.

Other research analysts have also recently issued research reports about the company. Bank of America cut their target price 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 raised Kohl's from a "neutral" rating to a "buy" rating and raised their price target for the stock from $14.00 to $22.00 in a research note on Monday, June 1st. Telsey Advisory Group upped their price objective on Kohl's from $17.00 to $18.00 and gave the company a "market perform" rating in a research report on Thursday, August 27th. Robert W. Baird upped their price objective on Kohl's from $19.00 to $20.00 and gave the company a "neutral" rating in a research report on Thursday, August 27th. Finally, Wall Street Zen lowered Kohl's from a "buy" rating to a "hold" rating in a research note on Sunday, June 7th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus target price of $16.17.

Kohl's Stock Up 0.6%

Shares of NYSE KSS opened at $16.46 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41. The company has a market cap of $1.87 billion, a P/E ratio of 7.19 and a beta of 1.37. Kohl's has a 1 year low of $11.38 and a 1 year high of $25.22. The firm has a 50-day simple moving average of $18.24 and a two-hundred day simple moving average of $15.96.

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

Kohl's Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.0%. Kohl's's dividend payout ratio is presently 21.83%.

Insider Activity at Kohl's

In other news, EVP Jennifer Kent sold 22,942 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the transaction, the executive vice president owned 234,452 shares in the company, valued at approximately $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KSS. Empowered Funds LLC lifted its stake in shares of Kohl's by 23.5% during the 1st quarter. Empowered Funds LLC now owns 666,072 shares of the company's stock worth $8,592,000 after purchasing an additional 126,550 shares during the last quarter. Bessemer Group Inc. grew its stake in Kohl's by 56.4% in the first quarter. Bessemer Group Inc. now owns 209,841 shares of the company's stock valued at $2,706,000 after purchasing an additional 75,700 shares during the last quarter. Entropy Technologies LP bought a new position in Kohl's in the first quarter worth about $808,000. Alyeska Investment Group L.P. bought a new position in Kohl's in the second quarter worth about $13,487,000. Finally, LGT Fund Management Co Ltd. purchased a new position in shares of Kohl's in the 1st quarter worth approximately $3,051,000. 98.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Kohl's

Here are the key news stories impacting Kohl's this week:

• Positive Sentiment: Zacks Research raised several earnings estimates, including FY2027 EPS to $2.05 from $1.23, Q2 2028 EPS to $0.60 from $0.46, and Q2 2029 EPS to $0.76 from $0.55. Zacks maintained its “Strong-Buy” rating, supporting the bullish case for KSS.
• Positive Sentiment: FY2028 EPS was increased to $1.45 from $1.38, while the Q1 2028 loss forecast improved to $0.19 per share from $0.22. These revisions suggest expectations for some improvement in Kohl’s operating performance.
• Neutral Sentiment: An analysis highlights Kohl’s expansion of its Babies R Us offering as a potential growth opportunity, while also questioning whether softer Sephora sales could offset that benefit. The article assesses whether the shares are undervalued after these developments. Is Kohl's (KSS) Undervalued After Its Babies R Us Expansion And Softer Sephora Sales?
• Negative Sentiment: Zacks cut its FY2029 EPS forecast sharply to $1.16 from $1.92. It also reduced Q1 2029 EPS to a $0.31 loss from a $0.10 loss, indicating weaker longer-term earnings expectations despite the firm’s continued “Strong-Buy” rating.
• Negative Sentiment: Additional reductions included Q3 2028 EPS to $0.03 from $0.04 and Q4 2028 EPS to $1.00 from $1.10. Separately, analysts surveyed by another research report assigned Kohl’s an average “Reduce” rating, adding a cautious counterpoint to Zacks’ bullish view. Kohl's Corporation Given Average Rating of Reduce by Analysts

Kohl's Company Profile

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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