Analysts Expect Dillard’s, Inc. (NYSE:DDS) Will Post Quarterly Sales of $989.77 Million

Equities analysts expect that Dillard’s, Inc. (NYSE:DDS) will post sales of $989.77 million for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Dillard’s’ earnings. The lowest sales estimate is $866.60 million and the highest is $1.06 billion. Dillard’s reported sales of $1.46 billion in the same quarter last year, which indicates a negative year-over-year growth rate of 32.2%. The business is scheduled to issue its next earnings results on Thursday, August 20th.

According to Zacks, analysts expect that Dillard’s will report full year sales of $4.97 billion for the current financial year, with estimates ranging from $4.84 billion to $5.06 billion. For the next financial year, analysts anticipate that the business will post sales of $5.77 billion, with estimates ranging from $5.49 billion to $5.98 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover Dillard’s.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($6.94) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.65) by ($5.29). Dillard’s had a negative return on equity of 8.48% and a negative net margin of 2.31%. The business had revenue of $786.70 million during the quarter, compared to analysts’ expectations of $889.86 million.

Several brokerages recently weighed in on DDS. ValuEngine upgraded Dillard’s from a “hold” rating to a “buy” rating in a research note on Monday, May 4th. Deutsche Bank raised their price target on Dillard’s from $18.00 to $19.00 and gave the company a “sell” rating in a report on Friday, May 15th. TheStreet cut Dillard’s from a “c” rating to a “d” rating in a research note on Thursday, May 14th. Wedbush lowered their target price on Dillard’s from $63.00 to $25.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, Cfra lowered their target price on Dillard’s from $43.00 to $20.00 and set a “sell” rating for the company in a research note on Wednesday, April 22nd. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Dillard’s presently has a consensus rating of “Hold” and an average target price of $29.14.

Shares of NYSE DDS opened at $26.15 on Wednesday. The business’s 50-day simple moving average is $28.55 and its 200-day simple moving average is $46.75. Dillard’s has a 52 week low of $21.50 and a 52 week high of $86.71. The firm has a market cap of $569.11 million, a price-to-earnings ratio of -4.70 and a beta of 0.94. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.20 and a current ratio of 1.66.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Tuesday, June 30th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.29%. Dillard’s’s dividend payout ratio (DPR) is presently 14.39%.

Several institutional investors have recently made changes to their positions in DDS. First Trust Advisors LP grew its stake in shares of Dillard’s by 0.8% during the first quarter. First Trust Advisors LP now owns 35,706 shares of the company’s stock worth $2,572,000 after purchasing an additional 283 shares during the period. Victory Capital Management Inc. lifted its holdings in Dillard’s by 6.8% during the fourth quarter. Victory Capital Management Inc. now owns 38,634 shares of the company’s stock worth $2,839,000 after acquiring an additional 2,466 shares in the last quarter. Acadian Asset Management LLC bought a new position in Dillard’s during the fourth quarter worth about $58,000. Quantbot Technologies LP lifted its holdings in Dillard’s by 59.0% during the fourth quarter. Quantbot Technologies LP now owns 892 shares of the company’s stock worth $65,000 after acquiring an additional 331 shares in the last quarter. Finally, Duality Advisers LP bought a new position in Dillard’s during the fourth quarter worth about $278,000. 81.09% of the stock is owned by institutional investors and hedge funds.

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 and Estimates for Dillard`s (NYSE:DDS)

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