$1.57 Earnings Per Share Expected for Kohl’s Co. (NYSE:KSS) This Quarter

Wall Street brokerages expect that Kohl’s Co. (NYSE:KSS) will post earnings per share (EPS) of $1.57 for the current quarter, according to Zacks. Five analysts have provided estimates for Kohl’s’ earnings. The lowest EPS estimate is $1.46 and the highest is $1.76. Kohl’s posted earnings of $1.76 per share in the same quarter last year, which would suggest a negative year over year growth rate of 10.8%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, August 20th.

On average, analysts expect that Kohl’s will report full-year earnings of $5.33 per share for the current financial year, with EPS estimates ranging from $5.17 to $5.45. For the next year, analysts expect that the company will report earnings of $5.62 per share, with EPS estimates ranging from $5.15 to $6.29. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Kohl’s.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, May 21st. The company reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.06). The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.97 billion. Kohl’s had a net margin of 3.91% and a return on equity of 16.74%. The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 earnings per share.

KSS has been the subject of several recent analyst reports. Zacks Investment Research downgraded Kohl’s from a “buy” rating to a “hold” rating in a research note on Tuesday, May 14th. UBS Group dropped their price target on Kohl’s from $72.00 to $57.00 and set a “neutral” rating for the company in a research note on Friday, May 24th. Jefferies Financial Group dropped their price target on Kohl’s from $100.00 to $95.00 and set a “buy” rating for the company in a research note on Tuesday, May 21st. Deutsche Bank dropped their price target on Kohl’s from $71.00 to $59.00 and set a “hold” rating for the company in a research note on Wednesday, May 22nd. Finally, ValuEngine downgraded Kohl’s from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 6th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $69.67.

Shares of NYSE:KSS traded down $0.96 during mid-day trading on Tuesday, reaching $47.77. 3,982,568 shares of the company traded hands, compared to its average volume of 6,391,595. The company has a market cap of $7.74 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 0.90 and a beta of 1.06. The company has a current ratio of 1.66, a quick ratio of 0.34 and a debt-to-equity ratio of 1.06. Kohl’s has a 52 week low of $47.08 and a 52 week high of $83.28.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 26th. Stockholders of record on Wednesday, June 12th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, June 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.61%. Kohl’s’s dividend payout ratio is currently 47.86%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wakefield Asset Management LLLP boosted its position in shares of Kohl’s by 3.3% during the 1st quarter. Wakefield Asset Management LLLP now owns 4,779 shares of the company’s stock valued at $329,000 after acquiring an additional 153 shares during the last quarter. Bruderman Asset Management LLC boosted its position in shares of Kohl’s by 3.9% during the 4th quarter. Bruderman Asset Management LLC now owns 4,895 shares of the company’s stock valued at $325,000 after acquiring an additional 183 shares during the last quarter. Eagle Asset Management Inc. boosted its position in shares of Kohl’s by 2.9% during the 1st quarter. Eagle Asset Management Inc. now owns 7,928 shares of the company’s stock valued at $545,000 after acquiring an additional 226 shares during the last quarter. LS Investment Advisors LLC boosted its position in shares of Kohl’s by 2.3% during the 1st quarter. LS Investment Advisors LLC now owns 10,252 shares of the company’s stock valued at $705,000 after acquiring an additional 227 shares during the last quarter. Finally, CNB Bank boosted its position in shares of Kohl’s by 3.1% during the 4th quarter. CNB Bank now owns 7,852 shares of the company’s stock valued at $521,000 after acquiring an additional 236 shares during the last quarter.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Earnings History and Estimates for Kohl`s (NYSE:KSS)

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