Wall Street brokerages expect Dillard’s, Inc. (NYSE:DDS) to announce earnings per share of ($0.86) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Dillard’s’ earnings, with the highest EPS estimate coming in at $0.06 and the lowest estimate coming in at ($2.26). Dillard’s posted earnings per share of $0.23 in the same quarter last year, which indicates a negative year-over-year growth rate of 473.9%. The business is scheduled to issue its next quarterly earnings report on Thursday, November 12th.
According to Zacks, 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 expect 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 calculations are an average based on a survey of sell-side analysts that cover Dillard’s.
Dillard’s (NYSE:DDS) last issued its earnings results on Thursday, August 13th. The company reported ($0.37) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($4.82) by $4.45. The business had revenue of $919.00 million for the quarter, compared to analyst estimates of $965.13 million. Dillard’s had a negative net margin of 1.92% and a negative return on equity of 6.48%.
A number of equities research analysts have recently issued reports on the stock. ValuEngine lowered shares of Dillard’s from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 18th. Telsey Advisory Group boosted their price objective on shares of Dillard’s from $30.00 to $34.00 and gave the company a “market perform” rating in a research report on Friday, August 14th. Wedbush boosted their price objective on shares of Dillard’s from $26.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, August 14th. Finally, Zacks Investment Research raised shares of Dillard’s from a “sell” rating to a “hold” rating and set a $26.00 price objective for the company in a research report on Friday, July 3rd. 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’s stock. The company presently has an average rating of “Hold” and an average target price of $30.29.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP grew its position in Dillard’s by 0.8% in the 1st quarter. First Trust Advisors LP now owns 35,706 shares of the company’s stock worth $2,572,000 after purchasing an additional 283 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Dillard’s by 10.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,319 shares of the company’s stock worth $111,000 after acquiring an additional 399 shares during the period. New Mexico Educational Retirement Board lifted its stake in shares of Dillard’s by 27.8% in the 1st quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the company’s stock worth $85,000 after acquiring an additional 500 shares during the period. Swiss National Bank lifted its stake in Dillard’s by 2.5% during the second quarter. Swiss National Bank now owns 20,800 shares of the company’s stock valued at $536,000 after purchasing an additional 500 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake 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 valued at $126,000 after purchasing an additional 605 shares during the last quarter. Hedge funds and other institutional investors own 78.27% of the company’s stock.
Shares of Dillard’s stock traded up $0.98 during trading on Monday, reaching $37.94. The company had a trading volume of 739,902 shares, compared to its average volume of 611,073. The company has a market cap of $848.98 million, a price-to-earnings ratio of -8.74 and a beta of 0.99. The firm’s fifty day moving average is $31.05 and its 200-day moving average is $29.37. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.32 and a current ratio of 1.86. Dillard’s has a fifty-two week low of $21.50 and a fifty-two week high of $84.47.
The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Wednesday, September 30th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Tuesday, September 29th. Dillard’s’s dividend payout ratio (DPR) is 14.39%.
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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