Dillard’s (NYSE:DDS) Posts Quarterly Earnings Results, Beats Estimates By $3.86 EPS

Dillard’s (NYSE:DDS) issued its quarterly earnings data on Tuesday. The company reported $13.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.62 by $3.86, Zacks reports. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.97 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The firm’s revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $15.44 earnings per share.

Dillard’s Price Performance

DDS stock opened at $462.53 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. The firm has a market cap of $7.36 billion, a P/E ratio of 11.91 and a beta of 0.88. The company’s 50-day moving average price is $464.27 and its two-hundred day moving average price is $413.91. Dillard’s has a 12 month low of $328.00 and a 12 month high of $510.00.

Dillard’s Announces Dividend

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

Analysts Set New Price Targets

DDS has been the topic of a number of analyst reports. UBS Group upped their price objective on Dillard’s from $196.00 to $200.00 and gave the stock a “sell” rating in a research note on Wednesday, February 19th. Telsey Advisory Group raised their price target on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Finally, StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a report on Tuesday, February 11th.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 33.80% of the stock is currently owned by company insiders.

Dillard’s Company Profile

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.