Wall Street analysts expect Dillard’s, Inc. (NYSE:DDS) to report earnings of ($0.45) per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Dillard’s’ earnings, with the lowest EPS estimate coming in at ($0.51) and the highest estimate coming in at ($0.38). Dillard’s posted earnings per share of ($0.58) in the same quarter last year, which would indicate a positive year over year growth rate of 22.4%. The company is expected to announce its next quarterly earnings report on Thursday, August 9th.

On average, analysts expect that Dillard’s will report full year earnings of $6.14 per share for the current fiscal year, with EPS estimates ranging from $5.90 to $6.34. For the next financial year, analysts expect that the company will post earnings of $5.88 per share, with EPS estimates ranging from $5.13 to $6.53. Zacks’ EPS calculations are an average based on a survey of research firms that follow Dillard’s.

Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, May 17th. The company reported $2.89 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.77 by $0.12. Dillard’s had a net margin of 3.65% and a return on equity of 9.45%. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the firm posted $2.12 earnings per share. Dillard’s’s revenue was up 2.7% compared to the same quarter last year.

DDS has been the topic of a number of research reports. Zacks Investment Research lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Bank of America raised shares of Dillard’s from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $77.37 to $89.00 in a research report on Monday, May 21st. ValuEngine lowered shares of Dillard’s from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, May 2nd. Susquehanna Bancshares reaffirmed a “neutral” rating and set a $60.00 target price on shares of Dillard’s in a research report on Thursday, June 7th. Finally, TheStreet lowered shares of Dillard’s from a “b” rating to a “c+” rating in a research report on Thursday, May 17th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $78.00.

In other Dillard’s news, Director James I. Freeman sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 30th. The shares were sold at an average price of $83.02, for a total value of $1,660,400.00. Following the sale, the director now owns 181,824 shares of the company’s stock, valued at approximately $15,095,028.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director James I. Freeman sold 70,000 shares of the business’s stock in a transaction 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 sale, the director now directly owns 226,930 shares in the company, valued at approximately $17,158,177.30. The disclosure for this sale can be found here. Insiders sold a total of 130,226 shares of company stock worth $10,699,113 in the last three months. Insiders own 19.10% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DDS. BlackRock Inc. increased its holdings in Dillard’s by 8.6% in the 2nd quarter. BlackRock Inc. now owns 2,082,876 shares of the company’s stock valued at $196,832,000 after buying an additional 164,561 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Dillard’s in the 1st quarter valued at $6,075,000. Seven Eight Capital LP boosted its stake in shares of Dillard’s by 669.1% in the 1st quarter. Seven Eight Capital LP now owns 60,691 shares of the company’s stock valued at $4,876,000 after purchasing an additional 52,800 shares in the last quarter. Arnhold LLC acquired a new stake in shares of Dillard’s in the 1st quarter valued at $3,688,000. Finally, LSV Asset Management boosted its stake in shares of Dillard’s by 3.0% in the 1st quarter. LSV Asset Management now owns 1,311,427 shares of the company’s stock valued at $105,360,000 after purchasing an additional 37,662 shares in the last quarter. 90.09% of the stock is currently owned by hedge funds and other institutional investors.

Dillard’s traded down $2.34, reaching $85.83, on Friday, MarketBeat Ratings reports. 435,943 shares of the company were exchanged, compared to its average volume of 380,180. Dillard’s has a 12 month low of $49.91 and a 12 month high of $98.75. The firm has a market capitalization of $2.33 billion, a P/E ratio of 17.88, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. The company has a current ratio of 1.60, a quick ratio of 0.21 and a debt-to-equity ratio of 0.34.

The firm also recently declared a quarterly dividend, which was paid on Monday, August 6th. Shareholders of record on Friday, June 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.47%. The ex-dividend date was Thursday, June 28th. Dillard’s’s dividend payout ratio (DPR) is presently 8.33%.

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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