$1.45 EPS Expected for Kohl's Co. (KSS) This Quarter

Analysts expect Kohl's Co. (NYSE:KSS) to report earnings of $1.45 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Kohl's’ earnings, with estimates ranging from $1.30 to $1.64. Kohl's posted earnings per share of $1.44 in the same quarter last year, which suggests a positive year over year growth rate of 0.7%. The business is scheduled to issue its next earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Kohl's will report full year earnings of $3.73 per share for the current year, with EPS estimates ranging from $3.55 to $3.95. For the next year, analysts expect that the business will post earnings of $3.66 per share, with EPS estimates ranging from $3.05 to $4.05. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for Kohl's.

Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The business had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the previous year, the firm earned $0.80 EPS. Kohl's’s quarterly revenue was up .1% on a year-over-year basis.

A number of equities analysts have recently weighed in on KSS shares. Gordon Haskett upgraded Kohl's from a “hold” rating to an “accumulate” rating in a research note on Thursday, November 9th. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Jefferies Group restated a “buy” rating and issued a $50.00 target price on shares of Kohl's in a research note on Wednesday, September 27th. Citigroup boosted their target price on Kohl's from $44.00 to $51.00 and gave the stock a “buy” rating in a research note on Thursday, September 21st. Finally, Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Monday, October 16th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $42.74.

In other news, Director Jonas Prising acquired 4,725 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the purchase, the director now owns 8,661 shares in the company, valued at $366,793.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in Kohl's by 1.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after acquiring an additional 186,046 shares during the period. Dimensional Fund Advisors LP raised its holdings in Kohl's by 6.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock valued at $266,349,000 after acquiring an additional 377,083 shares during the period. Northern Trust Corp raised its holdings in Kohl's by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after acquiring an additional 1,396,006 shares during the period. Wells Fargo & Company MN raised its holdings in Kohl's by 13.7% during the 3rd quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock valued at $213,702,000 after acquiring an additional 564,109 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ raised its holdings in Kohl's by 28.1% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock valued at $92,787,000 after acquiring an additional 445,400 shares during the period.

Shares of Kohl's (KSS) traded up $0.34 during midday trading on Monday, hitting $53.47. The stock had a trading volume of 2,327,222 shares, compared to its average volume of 4,443,197. Kohl's has a 12-month low of $35.16 and a 12-month high of $53.83. The stock has a market cap of $8,884.09, a P/E ratio of 14.03, a PEG ratio of 2.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were paid a $0.55 dividend. The ex-dividend date was Tuesday, December 5th. This represents a $2.20 annualized dividend and a yield of 4.11%. Kohl's’s payout ratio is 58.36%.

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About Kohl's

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

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

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