Dillard’s Inc. (DDS) Shares Down 3.5%
Dillard’s Inc. (NYSE:DDS) traded down 3.5% on Tuesday . The company traded as low as $61.71 and last traded at $61.97, with a volume of 181,709 shares trading hands. The stock had previously closed at $64.21.
Several research analysts have recently commented on DDS shares. Deutsche Bank AG reiterated a “sell” rating and issued a $65.00 price objective (down previously from $70.00) on shares of Dillard’s in a report on Tuesday, May 10th. Bank of America Corp. reiterated a “sell” rating and issued a $55.00 price objective on shares of Dillard’s in a report on Friday, August 12th. Telsey Advisory Group lifted their price objective on Dillard’s from $62.00 to $65.00 and gave the stock a “market perform” rating in a report on Friday, August 12th. Finally, Zacks Investment Research upgraded Dillard’s from a “strong sell” rating to a “buy” rating and set a $73.00 price objective on the stock in a report on Wednesday, July 13th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Dillard’s presently has a consensus rating of “Hold” and a consensus price target of $69.52.
The stock has a 50 day moving average of $65.07 and a 200-day moving average of $69.05. The firm has a market cap of $2.12 billion and a P/E ratio of 10.24.
Dillard’s (NYSE:DDS) last issued its earnings results on Thursday, August 11th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. The firm earned $1.45 billion during the quarter, compared to the consensus estimate of $1.48 billion. The company’s quarterly revenue was down 4.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 EPS. Equities analysts predict that Dillard’s Inc. will post $5.87 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Friday, September 30th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Wednesday, September 28th.
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. The Company operates approximately 300 Dillard’s stores, including over 20 clearance centers, and an Internet store offering a range of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.