Kohls Corp (KSS) Releases Quarterly Earnings Results

Kohls Corp (NYSE: KSS) announced its earnings results on Thursday. The company reported $1.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.63 by $0.03. The company had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $6.24 billion.

A number of research firms have also recently commented on KSS. Analysts at Macquarie reiterated an “underperform” rating on shares of Kohls Corp in a research note to investors on Tuesday. They now have a $38.00 price target on the stock. On a related note, analysts at Piper Jaffray reiterated an “overweight” rating on shares of Kohls Corp in a research note to investors on Thursday, February 21st. They now have a $53.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Kohls Corp in a research note to investors on Friday, February 15th. They now have a $40.00 price target on the stock.

Eight investment analysts have rated the stock with a buy rating, one has given an overweight rating, thirteen have assigned a hold rating, one has issued an underweight rating, and one has assigned a sell rating to the company. The company presently has a consensus rating of “overweight” and an average target price of $49.10.

Shares of Kohls Corp (KSS) opened at 46.61 on Thursday. Kohls Corp (KSS) has a one year low of $41.35 and a one year high of $55.25. The stock’s 50-day moving average is currently $45.04. The company has a market cap of $10.721 billion and a P/E ratio of 10.63.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, March 27th. Investors of record on Wednesday, March 13th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.00%.

Kohl’s Corporation (Kohl’s) operate family-oriented department stores that sells apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.

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