Kohl’s (KSS) Scheduled to Post Quarterly Earnings on Tuesday

Kohl’s (NYSE:KSS) is set to announce its earnings results 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.Parties that wish to register for the company’s conference call can do so using this link.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.13. The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.69 billion. Kohl’s had a net margin of 1.66% and a return on equity of 7.43%. The business’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period last year, the business posted $0.52 EPS. 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 Up 3.8 %

NYSE KSS opened at $17.03 on Monday. Kohl’s has a twelve month low of $16.12 and a twelve month high of $29.60. The stock has a market cap of $1.89 billion, a PE ratio of 6.68, a PEG ratio of 1.16 and a beta of 1.94. The firm has a 50-day simple moving average of $18.94 and a 200 day simple moving average of $20.89. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.16 and a current ratio of 1.08.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders 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 dividend yield of 11.74%. Kohl’s’s dividend payout ratio is currently 78.43%.

Wall Street Analyst Weigh In

KSS has been the topic of a number of recent research reports. Robert W. Baird decreased their price target on shares of Kohl’s from $27.00 to $25.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Citigroup decreased their target price on shares of Kohl’s from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, November 18th. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price target on shares of Kohl’s in a research report on Wednesday, August 28th. Evercore ISI reduced their target price on shares of 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. Finally, TD Cowen cut shares of Kohl’s from a “buy” rating to a “hold” rating and cut their target price for the company from $25.00 to $21.00 in a research note on Friday, August 30th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $20.43.

Insider Activity

In related news, EVP Feeney Siobhan Mc sold 16,367 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total value of $315,392.09. Following the transaction, the executive vice president now directly owns 136,799 shares in the company, valued at $2,636,116.73. This represents a 10.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.86% of the company’s stock.

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.