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.
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.
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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