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

Key Points

• Analysts hold a consensus “Reduce” rating on Kohl’s, with six sell, nine hold and one buy recommendation. The average 12-month price target is $15.46, below the cited share price of $17.67.
• Kohl’s reported quarterly revenue of $3.17 billion and an adjusted loss of $0.13 per share, beating analyst expectations for revenue of $2.99 billion and a loss of $0.18 per share. However, revenue declined 1.7% year over year.
• The company declared a quarterly dividend of $0.125 per share, equivalent to $0.50 annually and a 2.8% yield; its annualized payout ratio is 21.19%.

Shares of Kohl's Corporation (NYSE:KSS - Get Free Report) have earned a consensus recommendation of "Reduce" from the sixteen ratings firms that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $15.4615.

Several analysts have weighed in on the stock. Bank of America lowered their price target on shares of Kohl's from $15.00 to $14.00 and set an "underperform" rating for the company in a research note on Friday, May 29th. Wall Street Zen cut Kohl's from a "buy" rating to a "hold" rating in a research note on Sunday, June 7th. Gordon Haskett downgraded Kohl's from a "buy" rating to a "hold" rating and set a $14.00 price objective on the stock. in a report on Friday, May 15th. TD Cowen lifted their price objective on Kohl's from $13.50 to $16.00 and gave the stock a "hold" rating in a report on Monday, June 8th. Finally, JPMorgan Chase & Co. boosted their target price on Kohl's from $15.00 to $17.00 and gave the company an "underweight" rating in a research note on Tuesday.

Kohl's Stock Up 2.0%

Shares of NYSE KSS opened at $17.67 on Friday. The stock has a market capitalization of $2.00 billion, a P/E ratio of 7.49 and a beta of 1.40. Kohl's has a one year low of $11.38 and a one year high of $25.22. The firm's 50 day simple moving average is $18.15 and its two-hundred day simple moving average is $16.04. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.05. Kohl's had a net margin of 1.76% and a return on equity of 4.67%. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the business posted ($0.13) EPS. 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. As a group, analysts expect that Kohl's will post 1.38 EPS for the current fiscal year.

Kohl's Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, September 9th. Kohl's's payout ratio is 21.19%.

Insiders Place Their Bets

In other Kohl's news, EVP Jennifer J. Kent sold 22,942 shares of the business'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 completion of the sale, the executive vice president owned 234,452 shares in the company, valued at approximately $4,689,040. The trade was a 8.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.55% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Baird Financial Group Inc. purchased a new stake in Kohl's during the 1st quarter valued at $96,000. Caxton Associates LLP purchased a new position in shares of Kohl's in the first quarter valued at about $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Kohl's by 14.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company's stock valued at $4,006,000 after acquiring an additional 60,769 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Kohl's during the second quarter valued at about $120,000. Finally, Cetera Investment Advisers raised its stake in shares of Kohl's by 21.6% during the second quarter. Cetera Investment Advisers now owns 33,708 shares of the company's stock valued at $286,000 after acquiring an additional 5,997 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl's Company Profile

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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