Dillard’s, Inc. (DDS) Receives Average Rating of “Hold” from Analysts

Dillard’s, Inc. (NYSE:DDS) has been given a consensus rating of “Hold” by the nine ratings firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $62.17.

A number of equities research analysts have issued reports on DDS shares. TheStreet upgraded shares of Dillard’s from a “c+” rating to a “b” rating in a report on Wednesday, February 27th. Zacks Investment Research upgraded shares of Dillard’s from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research note on Wednesday, January 16th. ValuEngine upgraded shares of Dillard’s from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. JPMorgan Chase & Co. upgraded shares of Dillard’s from an “underweight” rating to a “neutral” rating in a research note on Monday, January 7th. Finally, Wedbush set a $65.00 target price on shares of Dillard’s and gave the company a “positive” rating in a research note on Wednesday, February 20th.

DDS stock traded down $0.12 during mid-day trading on Monday, reaching $73.56. 298,600 shares of the stock traded hands, compared to its average volume of 393,579. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.90 and a quick ratio of 0.26. Dillard’s has a 52 week low of $55.73 and a 52 week high of $98.75. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 12.02, a price-to-earnings-growth ratio of 1.36 and a beta of 0.92.

Dillard’s (NYSE:DDS) last released its quarterly earnings results on Monday, February 25th. The company reported $3.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.77 by $0.45. Dillard’s had a net margin of 2.63% and a return on equity of 10.22%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the prior year, the company earned $2.82 earnings per share. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. Equities analysts expect that Dillard’s will post 5.53 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 6th. Investors of record on Friday, March 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.54%. The ex-dividend date is Thursday, March 28th. Dillard’s’s payout ratio is presently 6.54%.

In related news, VP Mike Litchford sold 1,060 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $73.81, for a total value of $78,238.60. Following the completion of the sale, the vice president now owns 1,932 shares in the company, valued at $142,600.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 19.10% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantamental Technologies LLC bought a new position in Dillard’s during the fourth quarter worth about $96,000. Advisors Asset Management Inc. lifted its stake in Dillard’s by 17.7% during the fourth quarter. Advisors Asset Management Inc. now owns 2,163 shares of the company’s stock worth $130,000 after purchasing an additional 326 shares during the period. Tower Research Capital LLC TRC lifted its stake in Dillard’s by 88.0% during the third quarter. Tower Research Capital LLC TRC now owns 2,510 shares of the company’s stock worth $192,000 after purchasing an additional 1,175 shares during the period. SG Americas Securities LLC lifted its stake in Dillard’s by 28.8% during the fourth quarter. SG Americas Securities LLC now owns 3,390 shares of the company’s stock worth $204,000 after purchasing an additional 758 shares during the period. Finally, AlphaCrest Capital Management LLC bought a new position in Dillard’s during the fourth quarter worth about $205,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

About Dillard’s

Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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Analyst Recommendations for Dillard`s (NYSE:DDS)

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