Kohl's (KSS) Scheduled to Post Earnings on Tuesday

Kohl's (NYSE:KSS - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 26th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Kohl's has set its FY 2024 guidance at 1.750-2.250 EPS and its FY25 guidance at $1.75-$2.25 EPS.Investors that are interested in participating in the company's conference call can do so using this link.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.13. Kohl's had a return on equity of 7.43% and a net margin of 1.66%. The company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the prior year, the business earned $0.52 EPS. Kohl's's revenue was down 4.2% on a year-over-year basis. On average, analysts expect Kohl's to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kohl's Stock Performance

Shares of KSS traded down $0.37 during midday trading on Tuesday, reaching $17.02. 7,026,625 shares of the stock were exchanged, compared to its average volume of 6,027,670. The business's 50-day moving average price is $19.17 and its 200 day moving average price is $21.08. Kohl's has a twelve month low of $17.00 and a twelve month high of $29.60. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 6.82, a PEG ratio of 1.24 and a beta of 1.94. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.08 and a quick ratio of 0.16.

Kohl's Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be given a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a yield of 11.75%. Kohl's's dividend payout ratio (DPR) is 78.43%.

Insider Buying and Selling

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the company's stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total transaction of $315,392.09. Following the completion of the transaction, the executive vice president now owns 136,799 shares in the company, valued at approximately $2,636,116.73. This represents a 10.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.86% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on KSS shares. TD Cowen downgraded shares of Kohl's from a "buy" rating to a "hold" rating and reduced their price target for the company from $25.00 to $21.00 in a report on Friday, August 30th. Robert W. Baird dropped their price target on Kohl's from $27.00 to $25.00 and set an "outperform" rating for the company in a research report on Thursday, August 29th. Morgan Stanley cut Kohl's to an "underweight" rating and cut their price target for the stock from $18.00 to $17.00 in a report on Tuesday, August 27th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $23.00 price objective on shares of Kohl's in a research note on Wednesday, August 28th. Finally, Evercore ISI cut their target price on shares of Kohl's from $22.00 to $20.00 and set an "in-line" rating for the company in a research note on Thursday, August 29th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $20.43.

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.