Kohl's (NYSE:KSS) Posts Earnings Results

Kohl's (NYSE:KSS - Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.09, RTT News reports. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $3.01 billion. During the same period in the previous year, the firm posted ($0.24) EPS. The company's revenue for the quarter was down 4.1% on a year-over-year basis. Kohl's updated its FY 2025 guidance to 0.100-0.600 EPS.

Kohl's Stock Performance

KSS traded up $0.09 on Friday, reaching $8.13. The company had a trading volume of 14,911,382 shares, compared to its average volume of 8,850,137. Kohl's has a fifty-two week low of $6.04 and a fifty-two week high of $24.83. The stock has a market cap of $905.06 million, a P/E ratio of 3.66 and a beta of 1.61. The company's fifty day moving average is $7.38 and its 200 day moving average is $11.18. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05.

Kohl's Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a yield of 6.15%. Kohl's's dividend payout ratio (DPR) is currently 51.02%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. UBS Group cut their price target on shares of Kohl's from $10.00 to $5.00 and set a "sell" rating on the stock in a research report on Wednesday, March 12th. Jefferies Financial Group lowered their price objective on shares of Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a research note on Tuesday, February 4th. Robert W. Baird upped their target price on shares of Kohl's from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Friday. JPMorgan Chase & Co. upped their target price on shares of Kohl's from $7.00 to $8.00 and gave the company an "underweight" rating in a report on Monday, May 19th. Finally, Barclays upped their target price on shares of Kohl's from $4.00 to $5.00 and gave the company an "underweight" rating in a report on Friday. Seven equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $9.75.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Baird Financial Group Inc. acquired a new position in Kohl's in the 1st quarter valued at about $96,000. Caxton Associates LLP acquired a new position in shares of Kohl's during the 1st quarter worth approximately $166,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Kohl's by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company's stock worth $4,006,000 after purchasing an additional 60,769 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

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.