Kohl’s (NYSE:KSS) Issues FY25 Earnings Guidance

Kohl’s (NYSE:KSSGet Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.25-$1.85 for the period, compared to the consensus estimate of $2.40. The company issued revenue guidance of $16.78-17.13 billion, compared to the consensus revenue estimate of $16.89 billion. Kohl’s also updated its FY 2024 guidance to 1.250-1.850 EPS.

Analyst Ratings Changes

Several research analysts have recently issued reports on KSS shares. Telsey Advisory Group reaffirmed a market perform rating and issued a $28.00 price objective on shares of Kohl’s in a research note on Thursday. JPMorgan Chase & Co. raised their price target on shares of Kohl’s from $21.00 to $25.00 and gave the company a neutral rating in a research note on Friday, May 17th. StockNews.com raised shares of Kohl’s from a hold rating to a buy rating in a research note on Thursday, May 16th. Citigroup lowered their target price on Kohl’s from $27.00 to $24.00 and set a neutral rating for the company in a research report on Wednesday, March 13th. Finally, Robert W. Baird reduced their price target on Kohl’s from $32.00 to $27.00 and set an outperform rating on the stock in a research report on Friday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Kohl’s presently has an average rating of Hold and an average price target of $23.89.

Get Our Latest Stock Analysis on KSS

Kohl’s Stock Performance

KSS stock opened at $21.02 on Friday. The firm has a market cap of $2.33 billion, a PE ratio of 7.37, a price-to-earnings-growth ratio of 1.52 and a beta of 2.01. The company has a current ratio of 1.31, a quick ratio of 0.20 and a debt-to-equity ratio of 1.11. The stock has a 50-day moving average price of $25.18 and a 200-day moving average price of $25.93. Kohl’s has a 1-year low of $17.68 and a 1-year high of $29.65.

Kohl’s (NYSE:KSSGet Free Report) last issued its earnings results on Thursday, May 30th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.28). Kohl’s had a return on equity of 8.40% and a net margin of 1.81%. The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The company’s revenue for the quarter was down 10.4% compared to the same quarter last year. As a group, equities research analysts expect that Kohl’s will post 2.24 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 12th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, June 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.52%. Kohl’s’s payout ratio is presently 70.18%.

About Kohl’s

(Get Free Report)

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.

See Also

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

Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.