Kohl's Co. to Post Q4 2018 Earnings of $1.47 Per Share, Northcoast Research Forecasts (KSS)

Kohl's Co. (NYSE:KSS) – Research analysts at Northcoast Research lifted their Q4 2018 earnings estimates for shares of Kohl's in a research note issued to investors on Tuesday. Northcoast Research analyst K. Szafraniec now expects that the company will post earnings per share of $1.47 for the quarter, up from their prior forecast of $1.46. Northcoast Research has a “Neutral” rating on the stock. Northcoast Research also issued estimates for Kohl's’ FY2019 earnings at $3.88 EPS.

Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.02). Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period in the previous year, the firm posted $0.80 EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year.

Other equities analysts have also recently issued research reports about the company. MKM Partners set a $48.00 price target on Kohl's and gave the stock a “hold” rating in a report on Thursday. Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a report on Monday, October 16th. Robert W. Baird restated a “neutral” rating and issued a $43.00 price target on shares of Kohl's in a report on Thursday, September 7th. Jefferies Group restated a “buy” rating and issued a $50.00 price target on shares of Kohl's in a report on Wednesday, September 27th. Finally, Gordon Haskett upgraded Kohl's from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $43.50.

Shares of Kohl's (NYSE KSS) traded down $0.98 during trading hours on Wednesday, hitting $54.68. The stock had a trading volume of 5,124,542 shares, compared to its average volume of 4,586,875. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88. Kohl's has a 1-year low of $35.16 and a 1-year high of $57.28. The stock has a market cap of $9,190.00, a PE ratio of 14.50, a P/E/G ratio of 2.24 and a beta of 1.24.

Several institutional investors and hedge funds have recently bought and sold shares of KSS. Johnson Financial Group Inc. increased its holdings in shares of Kohl's by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after acquiring an additional 10 shares during the last quarter. Sentry Investment Management LLC increased its holdings in shares of Kohl's by 1.2% during the 2nd quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock valued at $499,000 after acquiring an additional 158 shares during the last quarter. Ropes Wealth Advisors LLC increased its holdings in shares of Kohl's by 1.5% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock valued at $453,000 after acquiring an additional 175 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in shares of Kohl's by 3.7% during the 2nd quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock valued at $265,000 after acquiring an additional 245 shares during the last quarter. Finally, WFG Advisors LP increased its holdings in shares of Kohl's by 3.3% during the 2nd quarter. WFG Advisors LP now owns 9,154 shares of the company’s stock valued at $354,000 after acquiring an additional 296 shares during the last quarter.

In other news, Director Jonas Prising purchased 4,725 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was bought at an average cost of $42.35 per share, with a total value of $200,103.75. Following the purchase, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of the firm’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the sale, the director now directly owns 21,960 shares of the company’s stock, valued at $1,182,546. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were given a $0.55 dividend. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.02%. Kohl's’s dividend payout ratio (DPR) is 58.36%.

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About Kohl's

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

Earnings History and Estimates for Kohl's (NYSE:KSS)

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