Dillard’s, Inc. (DDS) – What Are Analysts Saying About This Stock?

Dillard’s, Inc. (TXSE:DDS) has received a consensus rating of “Reduce” from the five ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $545.67.

A number of research firms have commented on DDS. Weiss Ratings cut Dillard’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 8th. UBS Group lifted their target price on Dillard’s from $465.00 to $468.00 and gave the company a “sell” rating in a research note on Monday, August 17th. Wall Street Zen downgraded Dillard’s from a “buy” rating to a “hold” rating in a research note on Saturday, September 12th. JPMorgan Chase & Co. lifted their price objective on shares of Dillard’s from $496.00 to $519.00 and gave the company an “underweight” rating in a research report on Monday, August 17th. Finally, Zacks Research lowered shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th.

Dillard’s Stock Performance

Shares of DDS opened at $618.28 on Friday. Dillard’s has a 52 week low of $503.06 and a 52 week high of $741.97. The company has a quick ratio of 1.58, a current ratio of 3.03 and a debt-to-equity ratio of 0.16. The stock has a market cap of $9.66 billion, a price-to-earnings ratio of 14.16 and a beta of 1.00. The business has a 50-day simple moving average of $652.36 and a two-hundred day simple moving average of $605.73.

Dillard’s (TXSE:DDS) last released its earnings results on Thursday, August 13th. The company reported $6.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.29 by $1.96. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.52 billion. Dillard’s had a net margin of 10.48% and a return on equity of 31.88%. On average, analysts expect that Dillard’s will post 35.50 EPS for the current year.

Dillard’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 2nd. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, September 30th. Dillard’s’s dividend payout ratio (DPR) is currently 2.75%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DDS. Renaissance Technologies LLC lifted its position in Dillard’s by 18.7% during the first quarter. Renaissance Technologies LLC now owns 142,180 shares of the company’s stock valued at $81,343,000 after purchasing an additional 22,400 shares during the last quarter. Wedge Capital Management L L P NC grew its position in Dillard’s by 6.4% in the second quarter. Wedge Capital Management L L P NC now owns 65,318 shares of the company’s stock worth $34,515,000 after acquiring an additional 3,907 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in Dillard’s during the third quarter worth approximately $38,392,000. Arrowstreet Capital Limited Partnership raised its position in Dillard’s by 1,331.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 40,715 shares of the company’s stock valued at $23,293,000 after purchasing an additional 37,871 shares during the period. Finally, Squarepoint Ops LLC raised its position in Dillard’s by 101.3% during the second quarter. Squarepoint Ops LLC now owns 33,581 shares of the company’s stock valued at $17,745,000 after purchasing an additional 16,901 shares during the period. 67.15% of the stock is currently owned by institutional investors.

Dillard’s Company Profile

Dillard’s, Inc. is an American department store company that sells a broad selection of fashion apparel, accessories, cosmetics, footwear, and home furnishings. Its merchandise is offered through department stores and its e-commerce platform, serving customers seeking national and private-label brands across a range of product categories. The company was founded in 1938 by William T. Dillard and is headquartered in Little Rock, Arkansas. Over time, Dillard’s expanded through the acquisition and development of department stores, establishing a strong presence in the Southern, Southwestern, and Midwestern United States.