Wall Street analysts forecast that Dillard’s, Inc. (NYSE:DDS) will announce earnings of $1.64 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Dillard’s’ earnings, with the lowest EPS estimate coming in at ($0.17) and the highest estimate coming in at $3.49. Dillard’s reported earnings of ($6.94) per share in the same quarter last year, which would suggest a positive year over year growth rate of 123.6%. The business is expected to issue its next earnings results on Thursday, May 13th.

According to Zacks, analysts expect that Dillard’s will report full-year earnings of $2.70 per share for the current year, with EPS estimates ranging from $1.34 to $4.00. For the next financial year, analysts anticipate that the firm will post earnings of $2.71 per share, with EPS estimates ranging from $1.54 to $4.34. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Dillard’s.

Dillard’s (NYSE:DDS) last announced its quarterly earnings results on Sunday, February 21st. The company reported $3.43 EPS for the quarter, topping the consensus estimate of $2.65 by $0.78. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Dillard’s had a negative net margin of 1.51% and a negative return on equity of 4.82%. The business’s quarterly revenue was down 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.75 EPS.

DDS has been the topic of several recent research reports. Zacks Investment Research raised Dillard’s from a “hold” rating to a “buy” rating and set a $96.00 price objective on the stock in a report on Tuesday, March 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Dillard’s from $42.00 to $49.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 16th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Dillard’s from $60.00 to $80.00 and gave the company a “hold” rating in a research report on Monday, March 1st. Telsey Advisory Group reiterated a “market perform” rating and issued a $80.00 price target (up previously from $54.00) on shares of Dillard’s in a research report on Tuesday, February 23rd. Finally, Wedbush upped their price objective on Dillard’s from $46.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, December 23rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Dillard’s has a consensus rating of “Hold” and a consensus target price of $64.17.

In other Dillard’s news, Director J C. Watts, Jr. sold 500 shares of the firm’s stock in a transaction dated Tuesday, March 16th. The shares were sold at an average price of $91.38, for a total value of $45,690.00. Following the completion of the sale, the director now owns 12,100 shares of the company’s stock, valued at $1,105,698. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 23.40% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in DDS. Great West Life Assurance Co. Can lifted its position in shares of Dillard’s by 31.6% during the third quarter. Great West Life Assurance Co. Can now owns 1,100 shares of the company’s stock worth $40,000 after purchasing an additional 264 shares during the last quarter. IFP Advisors Inc bought a new position in Dillard’s in the 4th quarter worth about $113,000. Caption Management LLC grew its stake in Dillard’s by 123.0% in the 4th quarter. Caption Management LLC now owns 4,200 shares of the company’s stock worth $265,000 after acquiring an additional 22,500 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Dillard’s during the fourth quarter worth approximately $307,000. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Dillard’s by 14.4% during the third quarter. Public Employees Retirement System of Ohio now owns 4,943 shares of the company’s stock valued at $181,000 after acquiring an additional 624 shares in the last quarter. 74.99% of the stock is currently owned by institutional investors.

Shares of NYSE:DDS traded up $0.06 during mid-day trading on Thursday, reaching $96.51. The stock had a trading volume of 678 shares, compared to its average volume of 541,700. The business’s 50 day moving average price is $88.12 and its 200 day moving average price is $63.55. Dillard’s has a 1 year low of $21.50 and a 1 year high of $128.00. The company has a market cap of $2.12 billion, a P/E ratio of -30.80 and a beta of 0.80. The company has a current ratio of 1.72, a quick ratio of 0.27 and a debt-to-equity ratio of 0.41.

The company also recently declared a quarterly dividend, which will be paid on Monday, May 3rd. Investors of record on Wednesday, March 31st will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.62%. Dillard’s’s payout ratio is 14.39%.

About Dillard’s

Dillard's, Inc operates as a fashion apparel, cosmetics, and home furnishing retailer in the southwest, southeast, and midwest regions of the United States. Its stores offer 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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