Dillard's Sets New 12-Month High at $118.34 (DDS)
Dillard's (NYSE:DDS)’s share price reached a new 52-week high on Friday , American Banking News.com reports. The company traded as high as $118.34 and last traded at $117.79, with a volume of 258,069 shares changing hands. The stock had previously closed at $114.96.
DDS has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Dillard's from $85.00 to $95.00 in a research note on Tuesday, May 20th. They now have a “neutral” rating on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Dillard's in a research note on Monday, May 19th. They now have a $105.00 price target on the stock, up previously from $93.00. Finally, analysts at Buckingham Research raised their price target on shares of Dillard's from $108.00 to $112.00 in a research note on Friday, May 16th. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Dillard's has a consensus rating of “Hold” and an average target price of $102.74.
The stock’s 50-day moving average is $102.5 and its 200-day moving average is $94.15. The company has a market cap of $5.131 billion and a price-to-earnings ratio of 16.18.
Dillard's (NYSE:DDS) last released its earnings data on Thursday, May 15th. The company reported $2.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.41 by $0.15. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.68 billion. Analysts expect that Dillard's will post $7.93 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, August 4th. Investors of record on Monday, June 30th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend is Thursday, June 26th.
Dillard’s, Inc (NYSE:DDS) is a fashion apparel, cosmetics and home furnishing retailer.
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