Dillard’s (NYSE:DDS) announced its earnings results on Wednesday. The company reported $2.77 earnings per share for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.11), Briefing.com reports. Dillard’s had a return on equity of 10.22% and a net margin of 2.63%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the business earned $2.89 EPS. Dillard’s’s quarterly revenue was up .5% on a year-over-year basis.

DDS traded down $6.85 during midday trading on Thursday, hitting $57.16. The company had a trading volume of 591,332 shares, compared to its average volume of 382,973. Dillard’s has a 52 week low of $55.73 and a 52 week high of $98.75. The company has a current ratio of 1.90, a quick ratio of 0.26 and a debt-to-equity ratio of 0.34. The company has a market cap of $1.66 billion, a P/E ratio of 9.34, a price-to-earnings-growth ratio of 1.12 and a beta of 0.88.

The business also recently declared a quarterly dividend, which was paid on Monday, May 6th. Shareholders of record on Friday, March 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.70%. The ex-dividend date was Thursday, March 28th. Dillard’s’s dividend payout ratio (DPR) is currently 6.54%.

DDS has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Dillard’s from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research note on Wednesday, January 16th. TheStreet raised shares of Dillard’s from a “c+” rating to a “b” rating in a research note on Wednesday, February 27th. Wedbush downgraded shares of Dillard’s from a “neutral” rating to an “underperform” rating and set a $65.00 target price for the company. in a research note on Monday, April 22nd. JPMorgan Chase & Co. downgraded shares of Dillard’s from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $68.00 to $57.00 in a research note on Monday, March 4th. Finally, ValuEngine downgraded shares of Dillard’s from a “hold” rating to a “sell” rating in a research note on Thursday, January 24th. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has an average rating of “Sell” and a consensus target price of $61.14.

In other Dillard’s news, VP Mike Litchford sold 1,060 shares of Dillard’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $73.81, for a total value of $78,238.60. Following the completion of the sale, the vice president now directly owns 1,932 shares of the company’s stock, valued at $142,600.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 20.10% of the company’s stock.

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About Dillard’s

Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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Earnings History for Dillard`s (NYSE:DDS)

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