As of May 26, 2023, Kohl’s is a company that pays dividends with a current yield of 10.4%. The earnings of the company cover the dividend well, and Kohl’s is committed to maintaining the current dividend. The next payment date is scheduled for June 20, 2023, with an ex-dividend date of June 5, 2023.
Kohl’s has shown a solid performance in Q1, and the company has been able to retire $164 million in debt. It is on track to retire another $111 million by the end of the year, which will free up cash flow. Although the company’s revenue fell by 4% to $3.57 billion compared to last year, it still beat the consensus estimate by 600 basis points.
This year, the analysts’ activity in Kohl’s has been mixed, with 13 analysts averaging at Hold. However, institutions own about 95% of the stock and have been buying for two consecutive quarters. This suggests that a firm bottom could be in play.
Kohls Corporation Stock Analysis: Market Capitalization, Earnings Growth, and More
On May 26, 2023, Kohl’s Corporation (KSS) stock opened at $19.78 and fluctuated between a low of $19.43 and a high of $20.24, with a volume of 3,057,323 shares traded. Kohl’s Corporation has a market capitalization of $2.1B, with a price-to-sales ratio of 0.21 and a price-to-book ratio of 0.56. The company’s earnings growth was -102.46% last year, but this year, it has grown by 1,644.25%. The revenue growth for the last year was -6.87%. The net profit margin for the company is -0.10%. Kohl’s Corporation operates in the retail trade sector and the department stores industry. The next reporting date for Kohl’s Corporation is August 22, 2023, with an EPS forecast of $0.22 for this quarter.
Kohls Corp (KSS) – A Look at Stock Performance, Price Forecasts, and Earnings Report
Kohls Corp (KSS) is a retail company that operates department stores across the United States. On May 26, 2023, KSS stock closed at $20.21. According to the 13 analysts offering 12-month price forecasts for KSS, the median target price is $23.00. The current consensus among 16 polled investment analysts is to hold stock in KSS. KSS is set to report its earnings for the current quarter on August 22, 2023. KSS stock has had a mixed performance in recent years. Despite the recent decline in value, KSS has several factors working in its favor.
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