Dillard’s, Inc. (NYSE:DDS) has been assigned a consensus rating of “Hold” from the nine brokerages that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $52.60.
Several research analysts recently weighed in on the stock. BidaskClub cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. ValuEngine cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th. J P Morgan Chase & Co reiterated an “underweight” rating and set a $36.00 target price (down previously from $49.00) on shares of Dillard’s in a research report on Thursday, August 10th. TheStreet upgraded shares of Dillard’s from a “c” rating to a “b-” rating in a research report on Tuesday, August 8th. Finally, Deutsche Bank AG upped their target price on shares of Dillard’s from $39.00 to $42.00 and gave the company a “sell” rating in a research report on Tuesday, August 8th.
Dillard’s (NYSE:DDS) traded down 2.31% during midday trading on Friday, hitting $58.81. The stock had a trading volume of 360,197 shares. The stock’s 50-day moving average is $63.85 and its 200-day moving average is $56.17. The company has a market cap of $1.71 billion, a P/E ratio of 14.57 and a beta of 1.12. Dillard’s has a one year low of $45.51 and a one year high of $83.44.
Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Thursday, August 10th. The company reported ($0.58) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.77). Dillard’s had a return on equity of 7.89% and a net margin of 2.04%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm earned $0.35 EPS. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. Equities analysts predict that Dillard’s will post $3.51 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, October 30th. Shareholders of record on Friday, September 29th will be given a dividend of $0.10 per share. This is a boost from Dillard’s’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.66%. Dillard’s’s payout ratio is presently 7.12%.
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Institutional investors have recently modified their holdings of the business. QS Investors LLC raised its position in shares of Dillard’s by 0.7% during the 2nd quarter. QS Investors LLC now owns 1,798 shares of the company’s stock valued at $104,000 after acquiring an additional 12 shares during the last quarter. LS Investment Advisors LLC grew its holdings in shares of Dillard’s by 16.4% in the 2nd quarter. LS Investment Advisors LLC now owns 1,995 shares of the company’s stock valued at $115,000 after buying an additional 281 shares during the period. Segantii Capital Management Ltd acquired a new position in shares of Dillard’s in the 1st quarter valued at $125,000. Victory Capital Management Inc. grew its holdings in shares of Dillard’s by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 2,168 shares of the company’s stock valued at $125,000 after buying an additional 325 shares during the period. Finally, Advantus Capital Management Inc acquired a new position in shares of Dillard’s in the 1st quarter valued at $169,000. Institutional investors own 94.10% of the company’s stock.
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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