Dillard’s (NYSE:DDS) Posts Earnings Results

Dillard’s (NYSE:DDS) posted its earnings results on Thursday. The company reported ($1.74) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.77) by ($0.97), Fidelity Earnings reports. Dillard’s had a return on equity of 9.67% and a net margin of 2.62%. The firm had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter last year, the company posted ($0.10) EPS. The firm’s revenue was down 2.8% on a year-over-year basis.

Shares of DDS traded down $2.69 during mid-day trading on Friday, reaching $53.90. The company had a trading volume of 30,382 shares, compared to its average volume of 531,012. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.22 and a current ratio of 1.78. The firm has a 50-day moving average price of $67.31 and a 200 day moving average price of $66.91. Dillard’s has a 52 week low of $53.96 and a 52 week high of $86.71. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 8.60, a price-to-earnings-growth ratio of 1.27 and a beta of 1.03.

The business also recently declared a quarterly dividend, which was paid on Monday, August 5th. Stockholders of record on Friday, June 28th were given a $0.10 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.74%. Dillard’s’s dividend payout ratio is currently 6.54%.

A number of research analysts have weighed in on DDS shares. Zacks Investment Research upgraded Dillard’s from a “sell” rating to a “hold” rating in a report on Friday, May 17th. Telsey Advisory Group reiterated a “market perform” rating and set a $58.00 target price (down previously from $65.00) on shares of Dillard’s in a report on Friday. TheStreet downgraded Dillard’s from a “b” rating to a “c” rating in a report on Thursday, May 16th. Deutsche Bank reduced their target price on Dillard’s from $56.00 to $53.00 and set a “sell” rating on the stock in a report on Thursday, May 16th. Finally, Wedbush reiterated a “neutral” rating and set a $56.00 target price (down previously from $62.00) on shares of Dillard’s in a report on Wednesday. Four analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus target price of $57.17.

In related news, Director Robert C. Connor purchased 800 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were purchased at an average cost of $56.86 per share, with a total value of $45,488.00. Following the transaction, the director now directly owns 70,200 shares in the company, valued at approximately $3,991,572. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, VP Tony J. Bolte sold 2,400 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $64.46, for a total value of $154,704.00. Following the completion of the sale, the vice president now directly owns 1,840 shares in the company, valued at $118,606.40. The disclosure for this sale can be found here. Insiders own 20.10% of the company’s stock.

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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Earnings History for Dillard`s (NYSE:DDS)

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