Several other research firms have also commented on DDS. Zacks Investment Research lowered shares of Dillard's from a hold rating to a strong sell rating in a report on Friday, February 17th. Susquehanna Bancshares Inc began coverage on shares of Dillard's in a report on Friday, February 10th. They issued a neutral rating and a $60.00 price target on the stock. Finally, Telsey Advisory Group lowered their price target on shares of Dillard's from $65.00 to $55.00 and set a market perform rating on the stock in a report on Wednesday, February 22nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $58.67.
Shares of Dillard's (NYSE:DDS) opened at 50.09 on Friday. The company has a market capitalization of $1.58 billion, a PE ratio of 10.16 and a beta of 1.11. The firm’s 50-day moving average price is $52.90 and its 200-day moving average price is $58.32. Dillard's has a 12-month low of $45.51 and a 12-month high of $77.70.
Dillard's (NYSE:DDS) last posted its quarterly earnings results on Thursday, May 11th. The company reported $2.12 EPS for the quarter, beating the consensus estimate of $2.02 by $0.10. Dillard's had a net margin of 3.00% and a return on equity of 10.93%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the prior year, the company earned $2.17 earnings per share. The firm’s revenue was down 5.7% on a year-over-year basis. On average, analysts expect that Dillard's will post $4.73 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, May 1st. Shareholders of record on Friday, March 31st were given a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.56%. Dillard's’s dividend payout ratio (DPR) is currently 5.09%.
Several hedge funds and other institutional investors have recently modified their holdings of DDS. Segantii Capital Management Ltd purchased a new position in shares of Dillard's during the first quarter worth $125,000. Advantus Capital Management Inc purchased a new position in shares of Dillard's during the first quarter worth $169,000. Bank of Montreal Can increased its position in shares of Dillard's by 20.7% in the first quarter. Bank of Montreal Can now owns 4,124 shares of the company’s stock worth $215,000 after buying an additional 708 shares during the period. Northwestern Mutual Investment Management Company LLC purchased a new position in shares of Dillard's during the first quarter worth $228,000. Finally, Profund Advisors LLC purchased a new position in shares of Dillard's during the first quarter worth $236,000. Institutional investors and hedge funds own 81.84% of the company’s stock.
Dillard's Company Profile
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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