Kohl’s (NYSE:KSS) Trading Down 6.3% – Here’s Why

Kohl’s Corporation (NYSE:KSS) was down 6.3% during trading on Tuesday . The company traded as low as $17.16 and last traded at $17.2890. Approximately 540,916 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 4,850,376 shares. The stock had previously closed at $18.45.

Analyst Upgrades and Downgrades

Several analysts have recently commented on KSS shares. Citigroup upgraded shares of Kohl’s from a “neutral” rating to a “buy” rating and increased their price target for the company from $14.00 to $22.00 in a research report on Monday, June 1st. JPMorgan Chase & Co. lowered their price target on shares of Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a report on Tuesday, March 10th. Telsey Advisory Group reissued a “market perform” rating and set a $17.00 price objective on shares of Kohl’s in a research note on Tuesday, March 17th. UBS Group boosted their price objective on shares of Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Friday, May 29th. Finally, Weiss Ratings lowered Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $14.85.

Kohl’s Stock Performance

The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The company’s 50-day moving average is $15.11 and its two-hundred day moving average is $16.60. The stock has a market capitalization of $1.97 billion, a P/E ratio of 7.38 and a beta of 1.45.

Kohl’s (NYSE:KSS) last announced 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 for the quarter, compared to analyst estimates of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. Kohl’s’s revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, sell-side analysts anticipate that Kohl’s Corporation will post 1.32 EPS for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.50 annualized dividend and a yield of 2.9%. Kohl’s’s payout ratio is presently 21.19%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Baird Financial Group Inc. bought a new stake in shares of Kohl’s during the first quarter valued at about $96,000. Caxton Associates LLP acquired a new position in Kohl’s during the 1st quarter valued at about $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kohl’s by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after buying an additional 60,769 shares during the period. Envestnet Asset Management Inc. bought a new stake in shares of Kohl’s during the 2nd quarter worth about $120,000. Finally, Cetera Investment Advisers lifted its stake in shares of Kohl’s by 21.6% in the 2nd quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after acquiring an additional 5,997 shares during the period. Institutional investors own 98.04% of the company’s stock.

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.