Dillard’s (NYSE:DDS) announced its earnings results on Thursday. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.43) by $0.33, MarketWatch Earnings reports. Dillard’s had a net margin of 3.65% and a return on equity of 9.45%. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter last year, the business earned ($0.58) earnings per share. Dillard’s’s revenue was up 2.5% compared to the same quarter last year.
Shares of DDS traded down $7.18 during mid-day trading on Thursday, reaching $75.80. The company had a trading volume of 4,987,797 shares, compared to its average volume of 596,936. The firm has a market cap of $2.37 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 1.37 and a beta of 0.93. Dillard’s has a fifty-two week low of $49.91 and a fifty-two week high of $98.75. The company has a quick ratio of 0.21, a current ratio of 1.60 and a debt-to-equity ratio of 0.34.
The business also recently declared a quarterly dividend, which was paid on Monday, August 6th. Shareholders of record on Friday, June 29th were issued a $0.10 dividend. The ex-dividend date was Thursday, June 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%. Dillard’s’s dividend payout ratio (DPR) is presently 8.33%.
In other Dillard’s news, Director James I. Freeman sold 70,000 shares of Dillard’s stock in a transaction on Tuesday, May 22nd. The shares were sold at an average price of $75.61, for a total value of $5,292,700.00. Following the transaction, the director now owns 226,930 shares in the company, valued at approximately $17,158,177.30. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James I. Freeman sold 20,000 shares of Dillard’s stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $93.08, for a total transaction of $1,861,600.00. Following the completion of the transaction, the director now owns 181,624 shares in the company, valued at approximately $16,905,561.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 130,226 shares of company stock worth $10,699,113. 19.10% of the stock is owned by company insiders.
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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