Equities research analysts expect Dillard’s, Inc. (NYSE:DDS) to announce sales of $1.39 billion for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Dillard’s’ earnings. The highest sales estimate is $1.41 billion and the lowest is $1.35 billion. Dillard’s posted sales of $1.40 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 0.7%. The business is expected to report its next quarterly earnings report on Thursday, November 8th.

On average, analysts expect that Dillard’s will report full-year sales of $6.35 billion for the current fiscal year, with estimates ranging from $6.17 billion to $6.45 billion. For the next fiscal year, analysts anticipate that the company will post sales of $6.35 billion per share, with estimates ranging from $6.07 billion to $6.54 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Dillard’s.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Thursday, August 16th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.43) by $0.33. Dillard’s had a net margin of 3.65% and a return on equity of 9.45%. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the previous year, the firm posted ($0.58) earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year.

Several analysts have recently issued reports on the stock. Susquehanna Bancshares reissued a “neutral” rating and issued a $60.00 price target on shares of Dillard’s in a research report on Thursday, June 7th. ValuEngine raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Wednesday, August 8th. Zacks Investment Research lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Wedbush assumed coverage on shares of Dillard’s in a research report on Wednesday, August 8th. They issued an “outperform” rating and a $95.00 price target on the stock. Finally, Bank of America raised shares of Dillard’s from an “underperform” rating to a “buy” rating and boosted their price target for the company from $77.37 to $89.00 in a research report on Monday, May 21st. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Dillard’s presently has an average rating of “Hold” and an average price target of $75.43.

In related news, Director James I. Freeman sold 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 22nd. The shares were sold at an average price of $75.61, for a total transaction of $5,292,700.00. Following the completion of the transaction, the director now owns 226,930 shares of the company’s stock, valued at $17,158,177.30. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James I. Freeman sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 30th. The shares were sold at an average price of $83.02, for a total transaction of $1,660,400.00. Following the transaction, the director now directly owns 181,824 shares of the company’s stock, valued at approximately $15,095,028.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 130,226 shares of company stock valued at $10,699,113. 19.10% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of DDS. Tower Research Capital LLC TRC grew its stake in Dillard’s by 69.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,335 shares of the company’s stock worth $126,000 after buying an additional 545 shares in the last quarter. Zacks Investment Management grew its stake in Dillard’s by 11.3% in the 2nd quarter. Zacks Investment Management now owns 17,247 shares of the company’s stock worth $1,630,000 after buying an additional 1,750 shares in the last quarter. Vident Investment Advisory LLC grew its stake in Dillard’s by 1.5% in the 2nd quarter. Vident Investment Advisory LLC now owns 51,160 shares of the company’s stock worth $4,835,000 after buying an additional 765 shares in the last quarter. Paloma Partners Management Co grew its stake in Dillard’s by 125.3% in the 2nd quarter. Paloma Partners Management Co now owns 8,474 shares of the company’s stock worth $801,000 after buying an additional 4,713 shares in the last quarter. Finally, Macquarie Group Ltd. grew its stake in Dillard’s by 26.0% in the 2nd quarter. Macquarie Group Ltd. now owns 6,300 shares of the company’s stock worth $595,000 after buying an additional 1,300 shares in the last quarter. 89.47% of the stock is owned by institutional investors.

Shares of NYSE DDS traded up $2.57 during midday trading on Monday, hitting $77.14. The company’s stock had a trading volume of 738,800 shares, compared to its average volume of 600,717. Dillard’s has a one year low of $49.91 and a one year 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 firm has a market cap of $2.37 billion, a P/E ratio of 16.07, a price-to-earnings-growth ratio of 1.37 and a beta of 0.93.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 6th. Investors of record on Friday, June 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, June 28th. This represents a $0.40 annualized dividend and a yield of 0.52%. Dillard’s’s dividend payout ratio is currently 8.33%.

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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