Dillard’s (NYSE:DDS) Posts Quarterly Earnings Results, Beats Estimates By $5.91 EPS

Dillard’s (NYSE:DDS) issued its earnings results on Thursday. The company reported $16.04 EPS for the quarter, topping the consensus estimate of $10.13 by $5.91, Zacks reports. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.55 billion. Dillard’s had a return on equity of 31.89% and a net margin of 10.09%.The business’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $10.39 EPS.

Dillard’s Price Performance

Shares of Dillard’s stock traded up $5.65 during trading on Friday, hitting $540.51. The stock had a trading volume of 150,524 shares, compared to its average volume of 103,556. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.65 and a quick ratio of 1.31. The firm has a market cap of $8.44 billion, a P/E ratio of 12.85 and a beta of 1.17. The business has a fifty day moving average of $580.45 and a two-hundred day moving average of $619.96. Dillard’s has a fifty-two week low of $386.85 and a fifty-two week high of $741.97.

Dillard’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Stockholders of record on Tuesday, March 31st were issued a $0.30 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 0.2%. Dillard’s’s dividend payout ratio is 2.85%.

Institutional Investors Weigh In On Dillard’s

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. raised its position in shares of Dillard’s by 40.9% during the fourth quarter. Invesco Ltd. now owns 18,851 shares of the company’s stock worth $11,430,000 after purchasing an additional 5,473 shares during the period. Corient Private Wealth LLC raised its position in shares of Dillard’s by 63.4% during the fourth quarter. Corient Private Wealth LLC now owns 1,268 shares of the company’s stock worth $769,000 after purchasing an additional 492 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Dillard’s by 42.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,278 shares of the company’s stock worth $775,000 after purchasing an additional 382 shares during the period. XTX Topco Ltd acquired a new stake in shares of Dillard’s during the fourth quarter worth $729,000. Finally, SummitTX Capital L.P. raised its position in Dillard’s by 1.6% during the fourth quarter. SummitTX Capital L.P. now owns 2,856 shares of the company’s stock valued at $1,732,000 after buying an additional 45 shares during the period. 67.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Dillard’s in a research report on Wednesday, January 21st. Wall Street Zen lowered Dillard’s from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. UBS Group boosted their price objective on Dillard’s from $460.00 to $465.00 and gave the company a “sell” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. reduced their price objective on Dillard’s from $524.00 to $449.00 and set an “underweight” rating for the company in a research report on Wednesday, February 25th. Finally, Telsey Advisory Group reduced their price objective on Dillard’s from $700.00 to $650.00 and set a “market perform” rating for the company in a research report on Wednesday, February 25th. Three research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dillard’s presently has a consensus rating of “Reduce” and a consensus price target of $521.33.

Key Headlines Impacting Dillard’s

Here are the key news stories impacting Dillard’s this week:

• Positive Sentiment: Q1 earnings came in well above estimates at $16.04 per share versus about $10 expected, while revenue also topped forecasts, signaling better-than-anticipated profitability and demand. Dillard’s, Inc. Reports First Quarter Results
• Positive Sentiment: Comparable-store sales rose 3% and total retail sales increased 3%, showing improving traffic and stronger merchandise demand across all major categories. Dillard’s Q1 Earnings & Sales Beat Estimates, Retail Sales Up 3%
• Positive Sentiment: Gross margin improved to 45.8% and net income jumped to $250.6 million, helped by a favorable litigation settlement and better operating leverage. Dillard’s Shares Rise After Earnings Beat Fueled by Litigation Settlement (DDS)
• Neutral Sentiment: Management opened a new store in Ohio and raised inventory slightly, but also noted higher operating expenses, which could temper margin gains if costs stay elevated. Dillard’s, Inc. Reports First Quarter Results
• Negative Sentiment: Some analysts remain cautious, arguing the strength may be temporary because results were aided by one-time litigation gains and may not fully reflect underlying retail demand. Dillard’s: Strength Is Temporary

About Dillard’s

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.