Dillard’s, Inc. (NYSE:DDS) Given Consensus Recommendation of “Hold” by Analysts

Dillard’s, Inc. (NYSE:DDS) has earned a consensus recommendation of “Hold” from the five brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $511.3333.

DDS has been the topic of a number of recent research reports. UBS Group lifted their price target on shares of Dillard’s from $184.00 to $460.00 and gave the stock a “sell” rating in a research note on Friday, November 28th. JPMorgan Chase & Co. raised their price objective on shares of Dillard’s from $411.00 to $524.00 and gave the stock an “underweight” rating in a report on Tuesday, November 25th. Zacks Research raised shares of Dillard’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. Wall Street Zen raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Dillard’s in a research note on Wednesday, January 21st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP bought a new stake in shares of Dillard’s in the 3rd quarter worth about $33,000. Global Retirement Partners LLC grew its stake in Dillard’s by 6,300.0% during the fourth quarter. Global Retirement Partners LLC now owns 64 shares of the company’s stock worth $39,000 after buying an additional 63 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of Dillard’s during the third quarter worth approximately $52,000. EverSource Wealth Advisors LLC raised its stake in shares of Dillard’s by 790.0% in the second quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock valued at $37,000 after acquiring an additional 79 shares during the last quarter. Finally, Torren Management LLC acquired a new position in shares of Dillard’s in the 4th quarter worth approximately $68,000. 67.15% of the stock is owned by institutional investors.

Dillard’s Stock Up 0.9%

Shares of DDS opened at $640.33 on Thursday. Dillard’s has a 52 week low of $282.24 and a 52 week high of $741.97. The firm has a market capitalization of $10.01 billion, a P/E ratio of 17.38 and a beta of 1.27. The company has a 50-day simple moving average of $652.01 and a 200-day simple moving average of $604.41. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.00 and a current ratio of 2.19.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Thursday, November 13th. The company reported $8.31 EPS for the quarter, beating the consensus estimate of $6.43 by $1.88. The firm had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Dillard’s had a return on equity of 30.50% and a net margin of 8.90%.The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $7.73 EPS. On average, equities research analysts expect that Dillard’s will post 33.25 earnings per share for the current year.

Dillard’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Wednesday, December 31st were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.20 annualized dividend and a yield of 0.2%. Dillard’s’s payout ratio is currently 3.26%.

Dillard’s Company Profile

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.