Analysts Anticipate Dillard’s, Inc. (NYSE:DDS) to Post -$0.28 EPS

Brokerages expect Dillard’s, Inc. (NYSE:DDS) to report earnings per share of ($0.28) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Dillard’s’ earnings, with the highest EPS estimate coming in at ($0.08) and the lowest estimate coming in at ($0.45). Dillard’s posted earnings of $0.27 per share in the same quarter last year, which indicates a negative year over year growth rate of 203.7%. The business is expected to issue its next quarterly earnings results on Thursday, November 21st.

On average, analysts expect that Dillard’s will report full-year earnings of $3.52 per share for the current year, with EPS estimates ranging from $3.08 to $3.82. For the next year, analysts expect that the firm will post earnings of $3.19 per share, with EPS estimates ranging from $2.19 to $4.57. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Dillard’s.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Thursday, August 15th. The company reported ($1.74) earnings per share for the quarter, missing the consensus estimate of ($0.77) by ($0.97). Dillard’s had a return on equity of 7.23% and a net margin of 2.04%. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the company earned ($0.10) earnings per share. Dillard’s’s quarterly revenue was down 2.8% compared to the same quarter last year.

DDS has been the subject of a number of recent research reports. Wedbush reaffirmed a “neutral” rating and issued a $56.00 target price (down previously from $62.00) on shares of Dillard’s in a report on Wednesday, August 14th. ValuEngine raised Dillard’s from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. JPMorgan Chase & Co. lowered their target price on Dillard’s from $54.00 to $37.00 and set an “underweight” rating for the company in a report on Friday, August 16th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $58.00 target price (down previously from $65.00) on shares of Dillard’s in a report on Friday, August 16th. Finally, Deutsche Bank lowered their target price on Dillard’s from $49.00 to $36.00 and set a “sell” rating for the company in a report on Monday, August 19th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $54.33.

Shares of DDS stock opened at $70.48 on Tuesday. The company has a quick ratio of 0.26, a current ratio of 1.86 and a debt-to-equity ratio of 0.37. Dillard’s has a twelve month low of $47.95 and a twelve month high of $86.71. The company has a market cap of $1.77 billion, a P/E ratio of 11.52 and a beta of 1.13. The business has a fifty day simple moving average of $65.64 and a 200 day simple moving average of $64.42.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 4th. Shareholders of record on Monday, September 30th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Friday, September 27th. This is a boost from Dillard’s’s previous quarterly dividend of $0.10. Dillard’s’s dividend payout ratio is presently 9.80%.

In other Dillard’s news, Director H. Lee Hastings III sold 3,000 shares of the company’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $72.20, for a total value of $216,600.00. Following the completion of the transaction, the director now owns 14,312 shares of the company’s stock, valued at approximately $1,033,326.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 20.10% of the stock is owned by corporate insiders.

Several hedge funds have recently modified their holdings of DDS. AQR Capital Management LLC increased its stake in shares of Dillard’s by 25.9% in the second quarter. AQR Capital Management LLC now owns 964,736 shares of the company’s stock valued at $60,007,000 after buying an additional 198,186 shares during the period. Newport Trust Co increased its stake in shares of Dillard’s by 1.1% in the second quarter. Newport Trust Co now owns 7,305,792 shares of the company’s stock valued at $455,005,000 after buying an additional 78,952 shares during the period. Nuveen Asset Management LLC acquired a new stake in shares of Dillard’s in the second quarter valued at about $2,564,000. Invesco Ltd. increased its stake in shares of Dillard’s by 29.8% in the second quarter. Invesco Ltd. now owns 168,736 shares of the company’s stock valued at $10,508,000 after buying an additional 38,785 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Dillard’s by 43.7% in the second quarter. Renaissance Technologies LLC now owns 125,900 shares of the company’s stock valued at $7,841,000 after buying an additional 38,300 shares during the period. 94.84% of the stock is owned by institutional investors.

About Dillard’s

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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Earnings History and Estimates for Dillard`s (NYSE:DDS)

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