Kohl's (NYSE:KSS) Shares Gap Down - Here's Why

Market Beat
2025.03.29 15:59
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Kohl's (NYSE:KSS) shares gapped down from $8.61 to $8.40, closing at $8.39 with significant trading volume. Analysts have downgraded their price targets, with Citigroup lowering it to $8.00 and UBS to $5.00, while Telsey maintains a target of $13.00. The company reported earnings of $0.95 per share, exceeding estimates, but revenue fell 9.4% year-over-year. Kohl's announced a quarterly dividend of $0.125, yielding 5.93%. Insider selling and institutional investment changes were also noted, reflecting ongoing market adjustments.