J.Jill, Inc. (NYSE:JILL) Plans $0.09 Quarterly Dividend

J.Jill, Inc. (NYSE:JILL) announced a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.09 per share by the specialty retailer on Wednesday, October 7th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, September 23rd.

J.Jill has a dividend payout ratio of 9.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect J.Jill to earn $2.44 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 14.8%.

J.Jill Stock Performance

Shares of NYSE:JILL opened at $18.66 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.13 and a quick ratio of 0.60. J.Jill has a 1 year low of $10.40 and a 1 year high of $20.89. The firm has a market capitalization of $279.00 million, a PE ratio of 13.62 and a beta of 0.87. The business’s 50 day moving average price is $17.81 and its 200-day moving average price is $15.35.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $144.43 million during the quarter, compared to the consensus estimate of $144.30 million. J.Jill had a return on equity of 24.44% and a net margin of 3.56%. As a group, equities research analysts expect that J.Jill will post 2.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

JILL has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $16.00 target price on shares of J.Jill in a research report on Wednesday, June 10th. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Telsey Advisory Group increased their price objective on shares of J.Jill from $14.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday. Weiss Ratings raised shares of J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. Finally, TD Cowen upped their price target on J.Jill from $14.00 to $18.00 and gave the company a “hold” rating in a research report on Tuesday, August 18th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $17.50.

About J.Jill

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.