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

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

Dillard’s Stock Performance

Shares of DDS opened at $437.38 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.35 and a current ratio of 2.67. Dillard’s has a twelve month low of $272.58 and a twelve month high of $476.48. The firm’s 50 day moving average price is $434.99 and its two-hundred day moving average price is $398.63. The firm has a market cap of $7.10 billion, a P/E ratio of 9.94 and a beta of 1.00.

Dillard’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, March 28th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Wednesday, March 27th. Dillard’s’s payout ratio is currently 2.27%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Telsey Advisory Group lifted their price objective on shares of Dillard’s from $450.00 to $475.00 and gave the stock a “market perform” rating in a research note on Friday. UBS Group lifted their price target on shares of Dillard’s from $180.00 to $190.00 and gave the company a “sell” rating in a research note on Tuesday, February 27th.

Get Our Latest Stock Report on Dillard’s

Insider Buying and Selling at Dillard’s

In other Dillard’s news, Director J C. Watts, Jr. sold 500 shares of Dillard’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $411.21, for a total value of $205,605.00. Following the transaction, the director now owns 11,400 shares of the company’s stock, valued at $4,687,794. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 33.80% of the company’s stock.

Dillard’s Company Profile

(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.

Further Reading

Earnings History for Dillard's (NYSE:DDS)

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