Dillard’s, Inc. (DDS) Scheduled to Post Earnings on Wednesday
Dillard’s, Inc. (NYSE:DDS) will post its quarterly earnings results before the market opens on Wednesday, November 8th. Analysts expect Dillard’s to post earnings of $0.34 per share for the quarter.
Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, August 10th. The company reported ($0.58) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.77). The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. Dillard’s had a net margin of 2.04% and a return on equity of 7.89%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.35 EPS. On average, analysts expect Dillard’s to post $3.32 EPS for the current fiscal year and $3.06 EPS for the next fiscal year.
Shares of Dillard’s, Inc. (NYSE DDS) opened at 50.80 on Wednesday. The company has a 50 day moving average of $54.56 and a 200-day moving average of $56.90. Dillard’s, Inc. has a one year low of $45.51 and a one year high of $83.44. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 12.58 and a beta of 1.12.
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 30th. Investors of record on Friday, September 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.79%. This is a boost from Dillard’s’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, September 28th. Dillard’s’s dividend payout ratio is currently 10.18%.
In other Dillard’s news, Director J C. Watts, Jr. sold 450 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $60.30, for a total value of $27,135.00. Following the completion of the transaction, the director now directly owns 8,200 shares in the company, valued at approximately $494,460. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 26.63% of the company’s stock.
DDS has been the subject of a number of research analyst reports. BidaskClub upgraded shares of Dillard’s from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. ValuEngine upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research cut shares of Dillard’s from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 10th. TheStreet upgraded shares of Dillard’s from a “c” rating to a “b-” rating in a research report on Tuesday, August 8th. Finally, Deutsche Bank AG upped their price objective on shares of Dillard’s from $39.00 to $42.00 and gave the stock a “sell” rating in a research report on Tuesday, August 8th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Dillard’s currently has an average rating of “Hold” and a consensus price target of $52.60.
Dillard’s Company Profile
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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