What is Zacks Research's Forecast for Kohl's Q2 Earnings?

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

Other analysts have also recently issued research reports about the company. Robert W. Baird lifted their price target on Kohl's from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Friday, May 30th. Bank of America lowered their price target on Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a research report on Wednesday, March 12th. Barclays lifted their price target on Kohl's from $4.00 to $5.00 and gave the stock an "underweight" rating in a research report on Friday, May 30th. Wall Street Zen lowered Kohl's from a "hold" rating to a "sell" rating in a research note on Sunday. Finally, UBS Group reduced their price objective on Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a research note on Wednesday, March 12th. Eight investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $9.75.

Kohl's Stock Down 1.1%

Kohl's stock opened at $8.23 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.09 and a quick ratio of 0.14. The stock has a market capitalization of $921.87 million, a price-to-earnings ratio of 7.55 and a beta of 1.66. Kohl's has a 1-year low of $6.04 and a 1-year high of $24.83. The business has a fifty day moving average price of $7.68 and a 200-day moving average price of $10.29.

Kohl's (NYSE:KSS - Get Free Report) last posted its earnings results on Thursday, May 29th. The company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.09. The company 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 revenue was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.24) earnings per share.

Institutional Investors Weigh In On Kohl's

Several large investors have recently bought and sold shares of the company. Bayforest Capital Ltd purchased a new stake in Kohl's during the 1st quarter worth approximately $151,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings 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 during the last quarter. Caxton Associates LLP acquired a new position in shares of Kohl's during the 1st quarter worth approximately $166,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Kohl's during the 1st quarter worth approximately $7,818,000. Finally, Invenomic Capital Management LP boosted its holdings in shares of Kohl's by 4.0% during the 1st 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 last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl's Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be paid a dividend of $0.125 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.50 annualized dividend and a yield of 6.08%. Kohl's's dividend payout ratio (DPR) is currently 45.87%.

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.

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