-$0.15 Earnings Per Share Expected for Dillard’s, Inc. (NYSE:DDS) This Quarter

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Brokerages expect Dillard’s, Inc. (NYSE:DDS) to report ($0.15) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Dillard’s’ earnings, with estimates ranging from ($0.36) to $0.00. Dillard’s reported earnings per share of $0.27 during the same quarter last year, which would suggest a negative year over year growth rate of 155.6%. The firm is scheduled to announce its next earnings report on Thursday, November 21st.

According to Zacks, analysts expect that Dillard’s will report full year earnings of $4.79 per share for the current year, with EPS estimates ranging from $4.19 to $5.20. For the next year, analysts expect that the firm will post earnings of $4.29 per share, with EPS estimates ranging from $3.15 to $4.86. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Dillard’s.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, August 15th. The company reported ($1.74) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.77) by ($0.97). Dillard’s had a net margin of 2.04% and a return on equity of 7.19%. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the business posted ($0.10) earnings per share. Dillard’s’s revenue for the quarter was down 2.8% on a year-over-year basis.

DDS has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Dillard’s from $54.00 to $37.00 and set an “underweight” rating for the company in a research note on Friday. Telsey Advisory Group restated a “market perform” rating and issued a $58.00 target price (down from $65.00) on shares of Dillard’s in a research note on Friday. Deutsche Bank lowered their target price on shares of Dillard’s from $49.00 to $36.00 and set a “sell” rating for the company in a research note on Monday. Zacks Investment Research upgraded shares of Dillard’s from a “sell” rating to a “hold” rating in a research note on Friday, May 17th. Finally, Wedbush restated a “neutral” rating and issued a $56.00 target price (down from $62.00) on shares of Dillard’s in a research note on Wednesday, August 14th. Four investment analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Dillard’s presently has a consensus rating of “Sell” and a consensus price target of $54.33.

In other Dillard’s news, VP Tony J. Bolte sold 2,400 shares of the firm’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $64.46, for a total value of $154,704.00. Following the completion of the transaction, the vice president now owns 1,840 shares of the company’s stock, valued at $118,606.40. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 20.10% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Newport Trust Co increased its holdings in Dillard’s by 1.1% in the second quarter. Newport Trust Co now owns 7,305,792 shares of the company’s stock valued at $455,005,000 after buying an additional 78,952 shares in the last quarter. AQR Capital Management LLC increased its holdings in Dillard’s by 25.9% in the second quarter. AQR Capital Management LLC now owns 964,736 shares of the company’s stock valued at $60,007,000 after buying an additional 198,186 shares in the last quarter. Norges Bank purchased a new position in Dillard’s in the fourth quarter valued at $23,247,000. Marshall Wace LLP acquired a new stake in shares of Dillard’s in the first quarter valued at about $12,535,000. Finally, Invesco Ltd. grew its position in shares of Dillard’s by 29.8% in the second quarter. Invesco Ltd. now owns 168,736 shares of the company’s stock valued at $10,508,000 after purchasing an additional 38,785 shares during the period. 89.65% of the stock is owned by institutional investors and hedge funds.

DDS traded up $2.69 during trading on Wednesday, hitting $58.00. The stock had a trading volume of 5,362 shares, compared to its average volume of 585,113. The company has a market capitalization of $1.46 billion, a PE ratio of 9.48, a PEG ratio of 1.20 and a beta of 1.03. Dillard’s has a twelve month low of $47.95 and a twelve month high of $86.71. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.22 and a current ratio of 1.78. The stock has a 50 day simple moving average of $67.15 and a two-hundred day simple moving average of $66.84.

The business also recently declared a quarterly dividend, which was paid on Monday, August 5th. Shareholders of record on Friday, June 28th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.69%. Dillard’s’s dividend payout ratio is currently 6.54%.

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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Earnings History and Estimates for Dillard`s (NYSE:DDS)

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