Kohl's Corporation (NYSE:KSS) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Analysts have a consensus “Reduce” rating on Kohl’s, with seven sell ratings, eight holds and one buy. The average 12-month price target is $15.31, below the reported share price of $18.51.
• Institutional investors own approximately 98.04% of Kohl’s stock, with Vanguard, Dimensional Fund Advisors and Arrowstreet Capital among firms recently increasing their positions.
• Kohl’s exceeded quarterly expectations, reporting revenue of $3.17 billion and an adjusted EPS loss of $0.13, while revenue declined 1.7% year over year. The company also maintains a quarterly dividend of $0.125 per share, representing a 2.7% yield.

Shares of Kohl's Corporation (NYSE:KSS - Get Free Report) have earned a consensus rating of "Reduce" from the sixteen research firms that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $15.3077.

A number of brokerages recently issued reports on KSS. Bank of America dropped their price objective on Kohl's from $15.00 to $14.00 and set an "underperform" rating on the stock in a report on Friday, May 29th. Weiss Ratings lowered Kohl's from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, June 5th. UBS Group upped their price target on Kohl's from $8.00 to $9.00 and gave the company a "sell" rating in a research report on Friday, May 29th. Zacks Research lowered shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 15th. Finally, Morgan Stanley reaffirmed an "underweight" rating and set a $15.00 target price on shares of Kohl's in a report on Monday, July 6th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Kohl's by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company's stock valued at $248,630,000 after buying an additional 273,500 shares during the period. Dimensional Fund Advisors LP increased its stake in Kohl's by 13.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company's stock worth $81,811,000 after acquiring an additional 744,539 shares during the last quarter. Geode Capital Management LLC increased its stake in Kohl's by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company's stock worth $55,177,000 after acquiring an additional 47,037 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Kohl's by 107.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company's stock valued at $31,980,000 after acquiring an additional 1,286,710 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Kohl's in the 4th quarter valued at about $49,796,000. Institutional investors own 98.04% of the company's stock.

Kohl's Stock Up 3.2%

Kohl's stock opened at $18.51 on Tuesday. The firm has a 50 day simple moving average of $16.53 and a 200 day simple moving average of $15.98. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. Kohl's has a 1-year low of $10.33 and a 1-year high of $25.22. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 7.84 and a beta of 1.40.

Kohl's (NYSE:KSS - Get Free Report) last posted its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. Kohl's had a return on equity of 4.67% and a net margin of 1.76%.The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the business posted ($0.13) earnings per share. The business's quarterly revenue was down 1.7% on a year-over-year basis. Kohl's has set its FY 2026 guidance at 1.000-1.600 EPS. On average, analysts predict that Kohl's will post 1.36 earnings per share for the current year.

Kohl's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, June 10th. Kohl's's payout ratio is 21.19%.

About Kohl's

Kohl's Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl's has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer's merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.

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