Equities research analysts predict that Dillard’s, Inc. (NYSE:DDS) will announce earnings of ($0.86) per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Dillard’s’ earnings. The lowest EPS estimate is ($2.26) and the highest is $0.06. Dillard’s reported earnings per share of $0.23 in the same quarter last year, which suggests a negative year-over-year growth rate of 473.9%. The business is expected to announce its next quarterly earnings report on Thursday, November 12th.
On average, analysts expect that Dillard’s will report full year earnings of ($6.63) per share for the current year, with EPS estimates ranging from ($8.80) to ($3.50). For the next financial year, analysts anticipate that the firm will post earnings of ($0.18) per share, with EPS estimates ranging from ($1.69) to $1.23. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Dillard’s.
Dillard’s (NYSE:DDS) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.37) earnings per share for the quarter, beating analysts’ consensus estimates of ($4.82) by $4.45. Dillard’s had a negative net margin of 1.92% and a negative return on equity of 6.48%. The firm had revenue of $919.00 million during the quarter, compared to analysts’ expectations of $965.13 million.
A number of brokerages recently weighed in on DDS. Zacks Investment Research raised shares of Dillard’s from a “sell” rating to a “hold” rating and set a $26.00 price target for the company in a research report on Friday, July 3rd. Wedbush upped their target price on shares of Dillard’s from $26.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, August 14th. ValuEngine cut shares of Dillard’s from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 18th. Finally, Telsey Advisory Group upped their target price on shares of Dillard’s from $30.00 to $34.00 and gave the company a “market perform” rating in a report on Friday, August 14th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $30.29.
DDS traded up $0.98 on Monday, reaching $37.94. The company had a trading volume of 739,902 shares, compared to its average volume of 611,073. Dillard’s has a 1 year low of $21.50 and a 1 year high of $84.47. The stock has a market capitalization of $848.98 million, a PE ratio of -8.74 and a beta of 0.99. The company has a quick ratio of 0.32, a current ratio of 1.86 and a debt-to-equity ratio of 0.41. The stock has a 50-day moving average price of $31.05 and a 200-day moving average price of $29.37.
The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Wednesday, September 30th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.60 annualized dividend and a yield of 1.58%. Dillard’s’s dividend payout ratio is currently 14.39%.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its holdings in Dillard’s by 2,024.1% during the first quarter. Tower Research Capital LLC TRC now owns 1,147 shares of the company’s stock worth $42,000 after purchasing an additional 1,093 shares in the last quarter. New Mexico Educational Retirement Board raised its holdings in Dillard’s by 27.8% during the first quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the company’s stock worth $85,000 after purchasing an additional 500 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in Dillard’s by 10.2% during the second quarter. Public Employees Retirement System of Ohio now owns 4,319 shares of the company’s stock worth $111,000 after purchasing an additional 399 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in Dillard’s by 21.5% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 3,421 shares of the company’s stock worth $126,000 after purchasing an additional 605 shares in the last quarter. Finally, CSat Investment Advisory L.P. raised its holdings in Dillard’s by 55.8% during the second quarter. CSat Investment Advisory L.P. now owns 6,433 shares of the company’s stock worth $166,000 after purchasing an additional 2,303 shares in the last quarter. 78.27% of the stock is owned by hedge funds and other institutional investors.
Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Dillard's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's and related companies with MarketBeat.com's FREE daily email newsletter.