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

Dillard’s (NYSE:DDS) released its earnings results on Tuesday. The company reported $13.48 EPS for the quarter, beating the consensus estimate of $9.84 by $3.64, Zacks reports. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the firm earned $15.44 EPS. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year.

Dillard’s Trading Down 4.0 %

Shares of DDS opened at $437.12 on Thursday. The stock has a market capitalization of $6.95 billion, a P/E ratio of 11.25 and a beta of 0.88. 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 fifty day simple moving average of $464.73 and a two-hundred day simple moving average of $414.55. Dillard’s has a twelve month low of $328.00 and a twelve month high of $510.00.

Dillard’s Announces Dividend

The company also recently declared a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s payout ratio is currently 2.71%.

Wall Street Analyst Weigh In

DDS has been the topic of several recent research reports. StockNews.com lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday. UBS Group increased their target price on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a report on Wednesday, February 19th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $450.00 target price on shares of Dillard’s in a report on Wednesday.

Insider Buying and Selling at Dillard’s

In other news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total value of $130,035.00. Following the completion of the sale, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 33.80% of the stock is currently owned by corporate insiders.

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.