Wall Street analysts forecast that Dillard’s, Inc. (NYSE:DDS) will report earnings per share (EPS) of ($0.86) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Dillard’s’ earnings, with the lowest EPS estimate coming in at ($2.26) and the highest estimate coming in at $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 issue its next earnings results on Thursday, November 12th.
On average, analysts expect that Dillard’s will report full year earnings of ($6.63) per share for the current fiscal year, with EPS estimates ranging from ($8.80) to ($3.50). For the next financial year, analysts anticipate that the business 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 analysts that follow Dillard’s.
Dillard’s (NYSE:DDS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.37) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($4.82) by $4.45. Dillard’s had a negative return on equity of 6.48% and a negative net margin of 1.92%. The company had revenue of $919.00 million during the quarter, compared to analyst estimates of $965.13 million.
Several analysts have issued reports on DDS shares. Telsey Advisory Group boosted their price target on Dillard’s from $30.00 to $34.00 and gave the company a “market perform” rating in a report on Friday, August 14th. Wedbush boosted their price target on Dillard’s from $26.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, August 14th. ValuEngine lowered Dillard’s from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 18th. Finally, Zacks Investment Research raised Dillard’s from a “sell” rating to a “hold” rating and set a $26.00 price target for the company in a report on Friday, July 3rd. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Dillard’s presently has a consensus rating of “Hold” and a consensus target price of $30.29.
Several large investors have recently bought and sold shares of DDS. Tower Research Capital LLC TRC lifted its position in shares of Dillard’s by 2,024.1% in the first quarter. Tower Research Capital LLC TRC now owns 1,147 shares of the company’s stock worth $42,000 after buying an additional 1,093 shares in the last quarter. New Mexico Educational Retirement Board lifted its position in shares of Dillard’s by 27.8% in the first quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the company’s stock worth $85,000 after buying an additional 500 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Dillard’s by 10.2% in the second quarter. Public Employees Retirement System of Ohio now owns 4,319 shares of the company’s stock worth $111,000 after buying an additional 399 shares in the last quarter. Northwestern Mutual Investment Management Company LLC lifted its position in shares of Dillard’s by 21.5% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 3,421 shares of the company’s stock worth $126,000 after buying an additional 605 shares in the last quarter. Finally, CSat Investment Advisory L.P. raised its position 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 valued at $166,000 after purchasing an additional 2,303 shares during the period. Institutional investors own 78.27% of the company’s stock.
NYSE:DDS traded up $0.98 during mid-day trading on Monday, hitting $37.94. 739,902 shares of the company traded hands, compared to its average volume of 611,073. The stock’s fifty day moving average price is $31.05 and its 200-day moving average price is $29.37. Dillard’s has a one year low of $21.50 and a one year high of $84.47. 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 firm has a market cap of $848.98 million, a price-to-earnings ratio of -8.74 and a beta of 0.99.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Wednesday, September 30th will be given a $0.15 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.60 annualized dividend and a dividend yield of 1.58%. Dillard’s’s payout ratio is 14.39%.
Dillard’s Company Profile
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.
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