Zacks Research Has Bullish Estimate for Kohl’s Q3 Earnings

Kohl’s Corporation (NYSE:KSS) – Equities research analysts at Zacks Research lifted their Q3 2027 earnings per share estimates for Kohl’s in a research report issued on Wednesday, June 17th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.01 for the quarter, up from their prior estimate of ($0.02). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Kohl’s’ current full-year earnings is $1.32 per share. Zacks Research also issued estimates for Kohl’s’ Q1 2029 earnings at ($0.10) EPS and FY2029 earnings at $1.92 EPS.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period last year, the company posted ($0.13) earnings per share. Kohl’s’s quarterly revenue was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS.

KSS has been the topic of a number of other reports. TD Cowen boosted their price target on shares of Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Weiss Ratings downgraded shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Citigroup raised shares of Kohl’s from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $14.00 to $22.00 in a research report on Monday, June 1st. Wall Street Zen lowered shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 10th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, Kohl’s presently has an average rating of “Reduce” and an average target price of $14.85.

Kohl’s Trading Up 4.1%

Shares of Kohl’s stock opened at $17.27 on Friday. Kohl’s has a 1 year low of $7.93 and a 1 year high of $25.22. The firm has a market cap of $1.96 billion, a PE ratio of 7.32 and a beta of 1.45. The stock has a fifty day moving average price of $14.48 and a 200-day moving average price of $16.85. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31.

Institutional Investors Weigh In On Kohl’s

Institutional investors have recently made changes to their positions in the stock. Fuller & Thaler Asset Management Inc. bought a new position in shares of Kohl’s in the fourth quarter worth $49,796,000. JPMorgan Chase & Co. raised its stake in shares of Kohl’s by 3,123.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock valued at $30,912,000 after purchasing an additional 1,948,783 shares during the period. Wells Fargo & Company MN raised its stake in shares of Kohl’s by 118.0% during the 4th quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock valued at $4,320,000 after purchasing an additional 1,388,707 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Kohl’s during the 4th quarter valued at $26,343,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Kohl’s by 107.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after purchasing an additional 1,286,710 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Announces Dividend

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

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.