Dillard’s, Inc. (NYSE:DDS) has earned an average rating of “Hold” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $73.17.

A number of research firms have recently issued reports on DDS. ValuEngine lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Friday, August 17th. JPMorgan Chase & Co. lifted their price objective on shares of Dillard’s to $60.00 and gave the company an “underweight” rating in a research note on Thursday, August 16th. Wedbush began coverage on shares of Dillard’s in a research note on Wednesday, August 8th. They set an “outperform” rating and a $95.00 price objective on the stock. Zacks Investment Research lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Finally, Susquehanna Bancshares reiterated a “neutral” rating and set a $60.00 price objective on shares of Dillard’s in a research note on Thursday, June 7th.

Shares of DDS traded up $1.02 during mid-day trading on Thursday, reaching $78.01. 582,548 shares of the stock traded hands, compared to its average volume of 445,802. The firm has a market capitalization of $2.14 billion, a P/E ratio of 16.25, a P/E/G ratio of 1.29 and a beta of 0.85. Dillard’s has a 12-month low of $49.91 and a 12-month high of $98.75. The company has a quick ratio of 0.23, a current ratio of 1.71 and a debt-to-equity ratio of 0.34.

Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Thursday, August 16th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.33. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.47 billion. Dillard’s had a net margin of 3.84% and a return on equity of 10.20%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.58) earnings per share. equities analysts expect that Dillard’s will post 6.2 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, November 5th. Stockholders of record on Friday, September 28th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, September 27th. Dillard’s’s payout ratio is currently 8.33%.

In related news, Director Robert C. Connor purchased 1,000 shares of the firm’s stock in a transaction dated Friday, August 24th. The stock was acquired at an average price of $75.42 per share, with a total value of $75,420.00. Following the completion of the transaction, the director now owns 68,000 shares of the company’s stock, valued at $5,128,560. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Warren A. Stephens purchased 10,000 shares of the firm’s stock in a transaction dated Friday, August 17th. The shares were bought at an average cost of $76.41 per share, with a total value of $764,100.00. The disclosure for this purchase can be found here. 19.10% of the stock is currently owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the company. James Investment Research Inc. boosted its holdings in Dillard’s by 55,315.1% in the second quarter. James Investment Research Inc. now owns 29,370 shares of the company’s stock worth $2,775,000 after purchasing an additional 29,317 shares during the period. CSat Investment Advisory L.P. acquired a new position in Dillard’s in the second quarter worth $361,000. Sei Investments Co. boosted its holdings in Dillard’s by 22.7% in the second quarter. Sei Investments Co. now owns 21,656 shares of the company’s stock worth $2,047,000 after purchasing an additional 4,003 shares during the period. NumerixS Investment Technologies Inc acquired a new position in Dillard’s in the second quarter worth $126,000. Finally, Vident Investment Advisory LLC boosted its holdings in Dillard’s by 1.5% in the second quarter. Vident Investment Advisory LLC now owns 51,160 shares of the company’s stock worth $4,835,000 after purchasing an additional 765 shares during the period. 87.22% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for Dillard`s (NYSE:DDS)

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