Zacks Research Has Bearish Estimate for Kohl's Q2 Earnings

Kohl's Corporation (NYSE:KSS - Free Report) - Analysts at Zacks Research dropped their Q2 2027 earnings per share (EPS) estimates for Kohl's in a report issued on Thursday, June 19th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.15 per share for the quarter, down from their previous forecast of $0.24. The consensus estimate for Kohl's' current full-year earnings is $1.30 per share.

Several other brokerages have also weighed in on KSS. JPMorgan Chase & Co. boosted their price objective on Kohl's from $7.00 to $8.00 and gave the company an "underweight" rating in a report on Monday, May 19th. Wall Street Zen lowered Kohl's from a "hold" rating to a "sell" rating in a report on Sunday. Robert W. Baird upped their target price on Kohl's from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Friday, May 30th. Citigroup lowered their target price on Kohl's from $11.00 to $8.00 and set a "neutral" rating for the company in a report on Monday, March 17th. Finally, Evercore ISI lowered their target price on Kohl's from $9.00 to $8.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. Eight equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $9.75.

Kohl's Stock Up 3.2%

Kohl's stock traded up $0.26 during midday trading on Monday, hitting $8.37. The stock had a trading volume of 5,571,329 shares, compared to its average volume of 8,913,740. The company has a current ratio of 1.09, a quick ratio of 0.14 and a debt-to-equity ratio of 0.95. The stock has a market cap of $938.00 million, a P/E ratio of 7.68 and a beta of 1.66. Kohl's has a 12 month low of $6.04 and a 12 month high of $23.42. The business has a fifty day moving average price of $7.80 and a 200 day moving average price of $10.21.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.09. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $3.01 billion. Kohl's had a return on equity of 4.71% and a net margin of 0.75%. Kohl's's quarterly revenue was down 4.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.24) earnings per share.

Kohl's Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date was Wednesday, June 11th. Kohl's's dividend payout ratio (DPR) is 45.87%.

Hedge Funds Weigh In On Kohl's

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bayforest Capital Ltd bought a new position in Kohl's in the 1st quarter worth approximately $151,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Kohl's by 14.2% in 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 buying an additional 60,769 shares in the last quarter. Caxton Associates LLP acquired a new stake in Kohl's in the first quarter worth approximately $166,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Kohl's in the first quarter worth approximately $7,818,000. Finally, Invenomic Capital Management LP lifted its position in Kohl's by 4.0% in the first quarter. Invenomic Capital Management LP now owns 1,080,436 shares of the company's stock worth $8,838,000 after purchasing an additional 41,676 shares during the period. 98.04% of the stock is owned by institutional investors.

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.