Kohl's (NYSE:KSS) Updates FY25 Earnings Guidance

Kohl's (NYSE:KSS - Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.20-1.50 for the period, compared to the consensus estimate of $1.81. The company issued revenue guidance of down 7-8% yr/yr to ~$15.26-15.42 billion, compared to the consensus revenue estimate of $15.68 billion. Kohl's also updated its FY 2024 guidance to 1.200-1.500 EPS.

Analysts Set New Price Targets

A number of research firms have recently commented on KSS. Citigroup reduced their price objective on shares of Kohl's from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Monday, November 18th. JPMorgan Chase & Co. cut Kohl's from a "neutral" rating to an "underweight" rating and set a $19.00 target price for the company. in a report on Thursday, August 29th. Evercore ISI decreased their price target on Kohl's from $22.00 to $20.00 and set an "in-line" rating on the stock in a research note on Thursday, August 29th. Morgan Stanley dropped their price objective on Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a research note on Monday. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $23.00 target price on shares of Kohl's in a research note on Wednesday, August 28th. Three 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. Based on data from MarketBeat, Kohl's currently has an average rating of "Hold" and an average target price of $19.00.

Kohl's Trading Down 16.9 %

NYSE:KSS traded down $3.11 during trading hours on Tuesday, hitting $15.24. 58,668,600 shares of the stock were exchanged, compared to its average volume of 6,316,443. The company has a market capitalization of $1.69 billion, a P/E ratio of 5.96, a price-to-earnings-growth ratio of 1.20 and a beta of 1.94. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. The company's 50 day moving average is $18.93 and its two-hundred day moving average is $20.83. Kohl's has a twelve month low of $14.22 and a twelve month high of $29.60.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl's had a return on equity of 7.43% and a net margin of 1.66%. Kohl's's revenue for the quarter was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 earnings per share. On average, sell-side analysts anticipate that Kohl's will post 1.77 earnings per share for the current fiscal year.

Kohl's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 13.13%. The ex-dividend date is Wednesday, December 11th. Kohl's's payout ratio is 78.43%.

Insider Activity

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

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.