Kohl’s Corporation (NYSE:KSS) Plans $0.13 Quarterly Dividend

Kohl’s Corporation (NYSE:KSS) declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, June 10th will be given a dividend of 0.125 per share on Wednesday, June 24th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, June 10th.

Kohl’s has decreased its dividend by an average of 0.1%annually over the last three years. Kohl’s has a dividend payout ratio of 98.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect Kohl’s to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 35.5%.

Kohl’s Price Performance

Shares of NYSE KSS opened at $12.23 on Thursday. The business’s 50 day moving average price is $13.42 and its 200 day moving average price is $17.22. The firm has a market cap of $1.37 billion, a P/E ratio of 5.18 and a beta of 1.46. Kohl’s has a 52 week low of $7.47 and a 52 week high of $25.22. The company has a quick ratio of 0.37, a current ratio of 1.46 and a debt-to-equity ratio of 0.94.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, March 10th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The firm had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same quarter in the prior year, the firm earned $0.95 earnings per share. Kohl’s’s revenue for the quarter was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts expect that Kohl’s will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Bank of America decreased their price objective on Kohl’s from $18.00 to $15.00 and set an “underperform” rating on the stock in a report on Thursday, March 12th. Telsey Advisory Group restated a “market perform” rating and issued a $17.00 price objective on shares of Kohl’s in a report on Tuesday, March 17th. Citigroup decreased their price objective on Kohl’s from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. TD Cowen decreased their price objective on Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Finally, Zacks Research upgraded Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $14.77.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.