Dillard’s, Inc. (DDS) Set to Announce Earnings on Wednesday
Dillard’s, Inc. (NYSE:DDS) is set to 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 posted its quarterly earnings data on Thursday, August 10th. The company reported ($0.58) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.77). Dillard’s had a return on equity of 7.89% and a net margin of 2.04%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the company earned $0.35 earnings per share. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, analysts expect Dillard’s to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Dillard’s, Inc. (NYSE:DDS) opened at $52.53 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 0.21 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $1,495.45, a price-to-earnings ratio of 12.69, a price-to-earnings-growth ratio of 6.04 and a beta of 1.16.
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 30th. Stockholders of record on Friday, September 29th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 28th. This is a boost from Dillard’s’s previous quarterly dividend of $0.07. This represents a $0.40 annualized dividend and a dividend yield of 0.76%. Dillard’s’s dividend payout ratio is 10.18%.
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Several equities research analysts have recently weighed in on the stock. TheStreet upgraded shares of Dillard’s from a “c” rating to a “b-” rating in a research report on Tuesday, August 8th. BidaskClub cut shares of Dillard’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. Deutsche Bank AG increased 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. J P Morgan Chase & Co reiterated an “underweight” rating and set a $36.00 price objective (down from $49.00) on shares of Dillard’s in a research report on Thursday, August 10th. Finally, Zacks Investment Research lowered shares of Dillard’s from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 10th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $52.60.
In related news, Director J C. Watts, Jr. sold 450 shares of the stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $60.30, for a total transaction of $27,135.00. Following the transaction, the director now directly owns 8,200 shares of the company’s stock, valued at $494,460. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 26.63% of the stock is owned by corporate insiders.
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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