Dillard’s, Inc. (NYSE:DDS) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Dillard’s, Inc. (NYSE:DDS) have received a consensus rating of “Hold” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $511.3333.

DDS has been the topic of a number of analyst reports. Wall Street Zen raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. UBS Group upped their price target on Dillard’s from $184.00 to $460.00 and gave the stock a “sell” rating in a research note on Friday, November 28th. Weiss Ratings restated a “hold (c)” rating on shares of Dillard’s in a report on Wednesday, January 21st. Zacks Research upgraded Dillard’s from a “hold” rating to a “strong-buy” rating in a report on Friday, November 28th. Finally, JPMorgan Chase & Co. lifted their target price on Dillard’s from $411.00 to $524.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 25th.

Institutional Trading of Dillard’s

A number of institutional investors have recently made changes to their positions in DDS. Quarry LP acquired a new position in shares of Dillard’s in the 3rd quarter worth approximately $33,000. CoreCap Advisors LLC purchased a new position in Dillard’s in the third quarter valued at about $52,000. EverSource Wealth Advisors LLC increased its holdings in Dillard’s by 790.0% in the second quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock worth $37,000 after buying an additional 79 shares during the last quarter. Torren Management LLC bought a new position in shares of Dillard’s during the 4th quarter valued at $68,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Dillard’s by 43.8% in the third quarter. PNC Financial Services Group Inc. now owns 128 shares of the company’s stock worth $79,000 after buying an additional 39 shares during the last quarter. 67.15% of the stock is owned by institutional investors and hedge funds.

Dillard’s Price Performance

Shares of NYSE DDS opened at $652.18 on Thursday. The stock’s 50-day simple moving average is $655.26 and its 200-day simple moving average is $598.90. The firm has a market capitalization of $10.20 billion, a PE ratio of 17.70 and a beta of 1.27. Dillard’s has a fifty-two week low of $282.24 and a fifty-two week high of $741.97. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.00 and a current ratio of 2.19.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, November 13th. The company reported $8.31 earnings per share for the quarter, topping analysts’ consensus estimates of $6.43 by $1.88. Dillard’s had a net margin of 8.90% and a return on equity of 30.50%. The firm had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the prior year, the business earned $7.73 EPS. Dillard’s’s quarterly revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts forecast that Dillard’s will post 33.25 EPS for the current fiscal year.

Dillard’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Wednesday, December 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, December 31st. Dillard’s’s dividend payout ratio is presently 3.26%.

Dillard’s Company Profile

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.