Q3 EPS Estimates for Kohl's Boosted by Telsey Advisory Group

Kohl's Co. (NYSE:KSS - Free Report) - Analysts at Telsey Advisory Group boosted their Q3 2027 earnings per share (EPS) estimates for Kohl's in a research note issued on Friday, May 2nd. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.03 per share for the quarter, up from their prior forecast of $0.02. Telsey Advisory Group currently has a "Market Perform" rating and a $9.00 price target on the stock. The consensus estimate for Kohl's' current full-year earnings is $1.30 per share.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.23. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.25 billion. During the same period last year, the company posted $1.67 EPS. Kohl's's revenue for the quarter was down 9.4% on a year-over-year basis.

Several other brokerages also recently issued reports on KSS. Citigroup lowered their price target on Kohl's from $11.00 to $8.00 and set a "neutral" rating for the company in a report on Monday, March 17th. Robert W. Baird lowered their target price on Kohl's from $9.00 to $8.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Bank of America cut their price target on shares of Kohl's from $15.00 to $8.00 and set an "underperform" rating on the stock in a research note on Wednesday, March 12th. JPMorgan Chase & Co. lowered their price objective on shares of Kohl's from $9.00 to $7.00 and set an "underweight" rating for the company in a research report on Monday, April 14th. Finally, UBS Group cut their price objective 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. Seven research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to data from MarketBeat, Kohl's presently has an average rating of "Hold" and an average price target of $9.54.

Kohl's Trading Down 5.0 %

Shares of KSS traded down $0.35 during trading hours on Monday, reaching $6.71. The stock had a trading volume of 7,462,117 shares, compared to its average volume of 8,634,541. The firm has a 50-day moving average of $7.81 and a 200 day moving average of $12.22. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The company has a market cap of $746.98 million, a P/E ratio of 3.02 and a beta of 1.61. Kohl's has a 52 week low of $6.04 and a 52 week high of $28.25.

Hedge Funds Weigh In On Kohl's

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Chicago Partners Investment Group LLC acquired a new stake in Kohl's in the first quarter valued at $85,000. Charles Schwab Investment Management Inc. lifted its stake in Kohl's by 11.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,968,634 shares of the company's stock valued at $16,103,000 after purchasing an additional 197,088 shares during the last quarter. Blair William & Co. IL grew its holdings in Kohl's by 10.9% during the first quarter. Blair William & Co. IL now owns 22,104 shares of the company's stock worth $181,000 after purchasing an additional 2,171 shares during the period. Cheviot Value Management LLC acquired a new position in Kohl's during the first quarter worth approximately $36,000. Finally, PNC Financial Services Group Inc. raised its stake in Kohl's by 143.5% in the first quarter. PNC Financial Services Group Inc. now owns 15,817 shares of the company's stock valued at $129,000 after buying an additional 9,320 shares during the period. 98.04% of the stock is owned by institutional investors.

Kohl's Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 21st were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date was Friday, March 21st. Kohl's's dividend payout ratio is currently 51.02%.

Kohl's Company Profile

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.