Dillard’s (NYSE:DDS) Announces Quarterly Earnings Results

Dillard’s (NYSE:DDS) released its earnings results on Tuesday. The company reported $13.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64, Zacks reports. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period last year, the business posted $15.44 earnings per share. The business’s revenue for the quarter was down 5.0% on a year-over-year basis.

Dillard’s Stock Performance

Dillard’s stock opened at $457.22 on Wednesday. The firm’s 50 day simple moving average is $464.27 and its 200 day simple moving average is $413.91. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. Dillard’s has a 1-year low of $328.00 and a 1-year high of $510.00. The firm has a market capitalization of $7.27 billion, a PE ratio of 11.77 and a beta of 0.88.

Dillard’s Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were paid a dividend of $25.00 per share. The ex-dividend date was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s dividend payout ratio is currently 2.57%.

Insider Activity

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the sale, the vice president now owns 1,167 shares of the company’s stock, valued at $505,836.15. This trade represents a 20.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

DDS has been the topic of a number of recent research reports. StockNews.com cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday. UBS Group increased their target price on Dillard’s from $196.00 to $200.00 and gave the stock a “sell” rating in a research report on Wednesday, February 19th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price target on shares of Dillard’s in a report on Wednesday.

About Dillard’s

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.