$1.51 Billion in Sales Expected for Dillard’s, Inc. (DDS) This Quarter

Equities research analysts expect that Dillard’s, Inc. (NYSE:DDS) will post $1.51 billion in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Dillard’s’ earnings, with the lowest sales estimate coming in at $1.50 billion and the highest estimate coming in at $1.51 billion. Dillard’s reported sales of $1.49 billion in the same quarter last year, which indicates a positive year-over-year growth rate of 1.3%. The business is scheduled to announce its next earnings report on Thursday, May 16th.

On average, analysts expect that Dillard’s will report full-year sales of $6.49 billion for the current financial year, with estimates ranging from $6.40 billion to $6.56 billion. For the next financial year, analysts anticipate that the company will post sales of $6.51 billion, with estimates ranging from $6.39 billion to $6.61 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Dillard’s.

Dillard’s (NYSE:DDS) last issued its earnings results on Monday, February 25th. The company reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.59. Dillard’s had a return on equity of 10.22% and a net margin of 2.63%. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the business earned $2.82 earnings per share. The company’s revenue was down 2.4% compared to the same quarter last year.

A number of analysts have recently commented on the company. Zacks Investment Research downgraded Dillard’s from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 20th. TheStreet raised Dillard’s from a “c+” rating to a “b” rating in a report on Wednesday, February 27th. ValuEngine cut Dillard’s from a “hold” rating to a “sell” rating in a report on Wednesday, December 5th. JPMorgan Chase & Co. cut Dillard’s from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $68.00 to $57.00 in a report on Monday, March 4th. Finally, Telsey Advisory Group reduced their price target on Dillard’s from $83.00 to $65.00 and set a “market perform” rating for the company in a report on Friday, November 16th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $63.57.

Several institutional investors have recently made changes to their positions in DDS. Quantamental Technologies LLC acquired a new position in shares of Dillard’s during the fourth quarter valued at approximately $96,000. Advisors Asset Management Inc. raised its holdings in shares of Dillard’s by 17.7% during the fourth quarter. Advisors Asset Management Inc. now owns 2,163 shares of the company’s stock valued at $130,000 after acquiring an additional 326 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Dillard’s by 88.0% during the third quarter. Tower Research Capital LLC TRC now owns 2,510 shares of the company’s stock valued at $192,000 after acquiring an additional 1,175 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Dillard’s by 28.8% during the fourth quarter. SG Americas Securities LLC now owns 3,390 shares of the company’s stock valued at $204,000 after acquiring an additional 758 shares during the last quarter. Finally, AlphaCrest Capital Management LLC acquired a new position in shares of Dillard’s during the fourth quarter valued at approximately $205,000. 88.40% of the stock is owned by institutional investors and hedge funds.

Shares of DDS traded down $0.17 during mid-day trading on Friday, reaching $72.21. The company had a trading volume of 212,933 shares, compared to its average volume of 443,953. Dillard’s has a 52-week low of $55.73 and a 52-week high of $98.75. The company has a quick ratio of 0.26, a current ratio of 1.90 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 11.80, a PEG ratio of 1.35 and a beta of 0.94.

The company also recently announced a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.55%. Dillard’s’s payout ratio is currently 6.54%.

Dillard’s Company Profile

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 and Estimates for Dillard`s (NYSE:DDS)

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