Dillard’s (NYSE:DDS) Announces Quarterly Earnings Results, Beats Estimates By $1.40 EPS

Dillard’s (NYSE:DDSGet Free Report) released its quarterly earnings results on Thursday. The company reported $11.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.69 by $1.40, Briefing.com reports. Dillard’s had a return on equity of 39.41% and a net margin of 10.68%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the previous year, the company posted $11.85 earnings per share. Dillard’s’s revenue for the quarter was down 2.2% on a year-over-year basis.

Dillard’s Stock Performance

DDS opened at $437.38 on Friday. The stock has a market capitalization of $7.10 billion, a price-to-earnings ratio of 9.94 and a beta of 1.00. Dillard’s has a fifty-two week low of $272.58 and a fifty-two week high of $476.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.35 and a current ratio of 2.67. The company has a fifty day moving average of $434.99 and a 200 day moving average of $398.63.

Dillard’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, March 28th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.23%. The ex-dividend date was Wednesday, March 27th. Dillard’s’s dividend payout ratio (DPR) is presently 2.27%.

Analyst Upgrades and Downgrades

DDS has been the topic of a number of recent analyst reports. UBS Group raised their target price on shares of Dillard’s from $180.00 to $190.00 and gave the stock a “sell” rating in a research note on Tuesday, February 27th. Telsey Advisory Group lifted their target price on shares of Dillard’s from $450.00 to $475.00 and gave the company a “market perform” rating in a research note on Friday.

Get Our Latest Research Report on Dillard’s

Insider Buying and Selling at Dillard’s

In other news, Director J C. Watts, Jr. sold 500 shares of Dillard’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $411.21, for a total value of $205,605.00. Following the sale, the director now directly owns 11,400 shares of the company’s stock, valued at $4,687,794. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 33.80% of the company’s stock.

About Dillard’s

(Get Free Report)

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.

See Also

Earnings History for Dillard's (NYSE:DDS)

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