During the last session, Kohl’s Corp. (NYSE:KSS)’s traded shares were 4.32 million, with the beta value of the company hitting 2.02. At the end of the trading day, the stock’s price was $25.50, reflecting an intraday loss of -0.74% or -$0.19. The 52-week high for the KSS share is $29.65, that puts it down -16.27 from that peak though still a striking 30.67% gain since the share price plummeted to a 52-week low of $17.68. The company’s market capitalization is $2.83B, and the average intraday trading volume over the past 10 days was 5.38 million shares, and the average trade volume was 5.35 million shares over the past three months.
Kohl’s Corp. (NYSE:KSS) trade information
Kohl’s Corp. (KSS) registered a -0.74% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.74% in intraday trading to $25.50, hitting a weekly high. The stock’s 5-day price performance is -12.52%, and it has moved by -6.08% in 30 days. Based on these gigs, the overall price performance for the year is 6.21%. The short interest in Kohl’s Corp. (NYSE:KSS) is 34.76 million shares and it means that shorts have 6.41 day(s) to cover.
Kohl’s Corp. (KSS) estimates and forecasts
Statistics show that Kohl’s Corp. has outperformed its competitors in share price, compared to the industry in which it operates. Kohl’s Corp. (KSS) shares have gone up 26.05% during the last six months, with a year-to-date growth rate more than the industry average at -21.05% against -23.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -61.50% this quarter and then jump 36.50% in the quarter after that. In the rating firms’ projections, revenue will decrease -0.20% compared to the previous financial year.
Revenue for the current quarter is expected to be $3.35 billion as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $3.71 billion by the end of Jul 2024.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -10.07%. While earnings are projected to return -16.30% in 2024.
KSS Dividends
Kohl’s Corp. is due to release its next quarterly earnings between May 22 and May 27. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Kohl’s Corp. is 2.00, with the dividend yield indicating at 7.84 percent, continuing the trend of increasing dividends in recent years.
Kohl’s Corp. (NYSE:KSS)’s Major holders
Kohl’s Corp. insiders own 2.11% of total outstanding shares while institutional holders control 126.55%, with the float percentage being 129.27%. Blackrock Inc. is the largest shareholder of the company, while 500 institutions own stock in it. As of Dec 30, 2023, the company held over 18.14 million shares (or 16.36% of all shares), a total value of $462.56 million in shares.
The next largest institutional holding, with 12.59 million shares, is of Vanguard Group Inc’s that is approximately 11.35% of outstanding shares. At the market price on Dec 30, 2023, these shares were valued at $321.09 million.
Also, the Mutual Funds coming in first place with the largest holdings of Kohl’s Corp. (KSS) shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. Data provided on Jan 30, 2024 indicates that iShares Core S&P Smallcap ETF owns about 7.53 million shares. This amounts to just over 6.79 percent of the company’s overall shares, with a $191.9 million market value. The same data shows that the other fund manager holds slightly less at 3.56 million, or about 3.21% of the stock, which is worth about $90.66 million.
