Kohl’s Corporation (NYSE:KSS) Declares Quarterly Dividend of $0.12

Kohl’s Corporation (NYSE:KSS) declared a quarterly dividend on Tuesday, August 18th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.125 per share on Wednesday, September 23rd. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, September 9th.

Kohl’s has decreased its dividend by an average of 0.1%per year 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 tumble. Research analysts expect Kohl’s to earn $1.40 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 35.7%.

Kohl’s Stock Performance

Kohl’s stock opened at $18.70 on Wednesday. The stock has a fifty day moving average price of $18.10 and a 200 day moving average price of $16.02. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. Kohl’s has a 52 week low of $11.38 and a 52 week high of $25.22. The firm has a market capitalization of $2.12 billion, a P/E ratio of 7.93 and a beta of 1.40.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.05. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The firm’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Equities research analysts anticipate that Kohl’s will post 1.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

KSS has been the subject of several research reports. Bank of America lowered their price objective on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research note on Friday, May 29th. Gordon Haskett lowered Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a research note on Friday, May 15th. TD Cowen boosted their target price on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Citigroup upgraded shares of Kohl’s from a “neutral” rating to a “buy” rating and raised their price target for the company from $14.00 to $22.00 in a report on Monday, June 1st. Finally, Weiss Ratings upgraded shares of Kohl’s from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $15.46.

About Kohl’s

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.