Dillard’s, Inc. (NYSE:DDS) Receives $519.67 Average PT from Analysts

Shares of Dillard’s, Inc. (NYSE:DDS) have received an average recommendation of “Reduce” from the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $519.6667.

Several equities analysts have recently commented on DDS shares. JPMorgan Chase & Co. decreased their price target on Dillard’s from $524.00 to $449.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 25th. Wall Street Zen lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Zacks Research cut shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Telsey Advisory Group lowered their target price on shares of Dillard’s from $700.00 to $650.00 and set a “market perform” rating for the company in a research note on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Dillard’s in a research report on Wednesday, January 21st.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Inspire Investing LLC lifted its stake in Dillard’s by 90.6% during the 1st quarter. Inspire Investing LLC now owns 6,897 shares of the company’s stock worth $3,946,000 after acquiring an additional 3,279 shares in the last quarter. Pictet Asset Management Holding SA grew its position in Dillard’s by 16.2% in the 1st quarter. Pictet Asset Management Holding SA now owns 568 shares of the company’s stock valued at $325,000 after acquiring an additional 79 shares in the last quarter. Sterling Capital Management LLC grew its position in Dillard’s by 7.5% in the 1st quarter. Sterling Capital Management LLC now owns 3,166 shares of the company’s stock valued at $1,811,000 after acquiring an additional 222 shares in the last quarter. CPC Advisors LLC purchased a new stake in Dillard’s during the first quarter worth about $1,938,000. Finally, SG Americas Securities LLC increased its stake in Dillard’s by 1,773.6% during the first quarter. SG Americas Securities LLC now owns 5,321 shares of the company’s stock worth $3,044,000 after purchasing an additional 5,037 shares during the period. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Stock Down 0.8%

Shares of NYSE:DDS opened at $603.89 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 2.65 and a debt-to-equity ratio of 0.24. Dillard’s has a 52-week low of $316.79 and a 52-week high of $741.97. The business has a fifty day moving average of $600.45 and a two-hundred day moving average of $623.84. The stock has a market cap of $9.43 billion, a P/E ratio of 16.59 and a beta of 1.27.

Dillard’s (NYSE:DDS) last issued its earnings results on Tuesday, February 24th. The company reported $13.05 EPS for the quarter, topping analysts’ consensus estimates of $9.98 by $3.07. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.03 billion. Dillard’s had a net margin of 8.81% and a return on equity of 27.55%. Dillard’s’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $13.48 earnings per share. On average, research analysts expect that Dillard’s will post 32.52 earnings per share for the current year.

Dillard’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Tuesday, March 31st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. Dillard’s’s dividend payout ratio (DPR) is presently 3.30%.

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.