Kohl’s Co. to Issue Quarterly Dividend of $0.67 (NYSE:KSS)

Kohl’s Co. (NYSE:KSS) announced a quarterly dividend on Tuesday, November 19th, RTT News reports. Stockholders of record on Wednesday, December 11th will be paid a dividend of 0.67 per share on Tuesday, December 24th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date is Tuesday, December 10th.

Kohl’s stock opened at $47.15 on Monday. The firm has a fifty day simple moving average of $51.80 and a two-hundred day simple moving average of $49.80. The company has a quick ratio of 0.22, a current ratio of 1.42 and a debt-to-equity ratio of 1.09. Kohl’s has a twelve month low of $43.33 and a twelve month high of $75.91. The company has a market capitalization of $7.50 billion, a PE ratio of 8.42, a P/E/G ratio of 0.97 and a beta of 1.01.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, November 19th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.12). The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.40 billion. Kohl’s had a net margin of 3.50% and a return on equity of 15.19%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. As a group, equities analysts expect that Kohl’s will post 4.84 earnings per share for the current fiscal year.

A number of brokerages recently commented on KSS. Robert W. Baird decreased their target price on Kohl’s from $65.00 to $58.00 and set a “positive” rating for the company in a report on Wednesday, November 20th. They noted that the move was a valuation call. Wedbush cut their price target on shares of Kohl’s from $53.00 to $50.00 and set a “neutral” rating on the stock in a report on Wednesday, November 20th. Gordon Haskett cut shares of Kohl’s from an “accumulate” rating to a “hold” rating in a report on Tuesday, November 19th. Goldman Sachs Group reduced their price objective on shares of Kohl’s from $56.00 to $48.00 in a research report on Wednesday, November 27th. Finally, Evercore ISI started coverage on shares of Kohl’s in a research report on Wednesday, November 20th. They issued a “hold” rating and a $52.00 target price for the company. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $54.44.

Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

See Also: What is dividend yield?

Dividend History for Kohl`s (NYSE:KSS)

Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.