Dillard’s (NYSE:DDS) Announces Earnings Results, Beats Expectations By $3.64 EPS

Dillard’s (NYSE:DDS) announced its earnings results on Tuesday. The company reported $13.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.84 by $3.64, Zacks reports. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. Dillard’s’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $15.44 earnings per share.

Dillard’s Trading Down 3.9 %

Dillard’s stock traded down $18.52 during mid-day trading on Tuesday, hitting $461.63. The company’s stock had a trading volume of 34,264 shares, compared to its average volume of 111,165. The business has a 50 day moving average price of $464.27 and a 200-day moving average price of $413.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. Dillard’s has a 12 month low of $328.00 and a 12 month high of $510.00. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 11.88 and a beta of 0.88.

Dillard’s Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were given a $25.00 dividend. This represents a yield of 5.68%. The ex-dividend date of this dividend was Friday, December 13th. Dillard’s’s payout ratio is presently 2.57%.

Insider Activity

In other news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. UBS Group raised their price objective on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a research report on Wednesday, February 19th. Telsey Advisory Group upped their price objective on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Tuesday, February 11th.

About Dillard’s

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.