Brokers Issue Forecasts for Kohl's FY2027 Earnings

Kohl's Co. (NYSE:KSS - Free Report) - Equities researchers at Telsey Advisory Group issued their FY2027 earnings per share (EPS) estimates for shares of Kohl's in a note issued to investors on Wednesday, March 12th. Telsey Advisory Group analyst D. Telsey anticipates that the company will earn $0.60 per share for the year. Telsey Advisory Group currently has a "Market Perform" rating and a $13.00 target price on the stock. The consensus estimate for Kohl's' current full-year earnings is $1.30 per share.

Several other brokerages also recently commented on KSS. Baird R W downgraded shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 27th. Gordon Haskett cut shares of Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price target on the stock. in a research report on Tuesday, November 26th. Morgan Stanley lowered their target price on shares of Kohl's from $10.00 to $8.00 and set an "underweight" rating on the stock in a report on Wednesday. TD Cowen lowered their target price on shares of Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Kohl's from $11.00 to $9.00 and set an "underweight" rating for the company in a research report on Tuesday. Six investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $12.56.

Remove Ads

Kohl's Trading Down 6.5 %

Shares of KSS stock opened at $8.56 on Thursday. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. Kohl's has a 12-month low of $8.28 and a 12-month high of $29.60. The firm has a 50 day moving average price of $12.47 and a two-hundred day moving average price of $15.95. The company has a market capitalization of $952.33 million, a PE ratio of 3.85 and a beta of 1.92.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Quadrature Capital Ltd raised its holdings in shares of Kohl's by 151.8% during the third quarter. Quadrature Capital Ltd now owns 66,744 shares of the company's stock valued at $1,408,000 after purchasing an additional 40,238 shares during the last quarter. Dana Investment Advisors Inc. raised its holdings in shares of Kohl's by 56.7% during the fourth quarter. Dana Investment Advisors Inc. now owns 253,151 shares of the company's stock valued at $3,554,000 after purchasing an additional 91,590 shares during the last quarter. Hussman Strategic Advisors Inc. grew its position in Kohl's by 66.7% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock valued at $1,474,000 after buying an additional 42,000 shares during the period. Pacer Advisors Inc. grew its position in Kohl's by 149.3% during the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company's stock valued at $349,671,000 after buying an additional 9,925,878 shares during the period. Finally, Empowered Funds LLC grew its position in Kohl's by 15.3% during the fourth quarter. Empowered Funds LLC now owns 451,510 shares of the company's stock valued at $6,339,000 after buying an additional 59,979 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl's stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the completion of the transaction, the executive vice president now directly owns 133,091 shares of the company's stock, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.86% of the company's stock.

Kohl's Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 5.84%. The ex-dividend date is Friday, March 21st. Kohl's's dividend payout ratio (DPR) is presently 90.09%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.