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

Dillard’s (NYSE:DDS) posted its quarterly earnings data on Tuesday. The company reported $13.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64, Zacks reports. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.49 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The firm’s revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $15.44 EPS.

Dillard’s Stock Down 4.8 %

Shares of NYSE:DDS opened at $457.22 on Wednesday. The stock has a market capitalization of $7.27 billion, a P/E ratio of 11.77 and a beta of 0.88. The stock’s 50-day moving average price is $464.27 and its 200-day moving average price is $413.91. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. Dillard’s has a 12-month low of $328.00 and a 12-month high of $510.00.

Dillard’s Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were paid a $25.00 dividend. This represents a yield of 5.68%. The ex-dividend date of this dividend was Friday, December 13th. Dillard’s’s dividend payout ratio is presently 2.57%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. StockNews.com downgraded Dillard’s from a “buy” rating to a “hold” rating in a research report on Tuesday. Telsey Advisory Group reissued a “market perform” rating and set a $450.00 price objective on shares of Dillard’s in a report on Wednesday. Finally, UBS Group boosted their target price on Dillard’s from $196.00 to $200.00 and gave the stock a “sell” rating in a research report on Wednesday, February 19th.

Insider Activity

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

Dillard’s Company Profile

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.