Brokerages expect Dillard’s, Inc. (NYSE:DDS) to report sales of $1.38 billion for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Dillard’s’ earnings, with estimates ranging from $1.35 billion to $1.41 billion. Dillard’s posted sales of $1.40 billion during the same quarter last year, which indicates a negative year-over-year growth rate of 1.4%. The business is expected to issue its next earnings results on Thursday, November 8th.

According to Zacks, analysts expect that Dillard’s will report full year sales of $6.36 billion for the current year, with estimates ranging from $6.22 billion to $6.48 billion. For the next financial year, analysts expect that the company will post sales of $6.36 billion, with estimates ranging from $6.21 billion to $6.55 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Dillard’s.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, August 16th. The company reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.43) by $0.33. Dillard’s had a net margin of 3.84% and a return on equity of 10.20%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the prior year, the company earned ($0.58) EPS. Dillard’s’s revenue was up 2.5% on a year-over-year basis.

A number of equities research analysts have weighed in on DDS shares. ValuEngine raised shares of Dillard’s from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. Zacks Investment Research downgraded shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Wedbush started coverage on shares of Dillard’s in a report on Wednesday, August 8th. They issued an “outperform” rating and a $95.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of Dillard’s to $60.00 and gave the company an “underweight” rating in a report on Thursday, August 16th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $75.43.

Shares of NYSE DDS opened at $68.26 on Friday. Dillard’s has a twelve month low of $49.91 and a twelve month high of $98.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.71 and a quick ratio of 0.23. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.16 and a beta of 0.85.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 5th. Shareholders of record on Friday, September 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, September 27th. This represents a $0.40 annualized dividend and a yield of 0.59%. Dillard’s’s payout ratio is presently 8.33%.

In related news, Director Warren A. Stephens acquired 10,000 shares of the business’s stock in a transaction on Friday, August 17th. The shares were purchased at an average price of $76.41 per share, for a total transaction of $764,100.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Robert C. Connor acquired 1,000 shares of the business’s stock in a transaction on Friday, August 24th. The shares were bought at an average price of $75.42 per share, for a total transaction of $75,420.00. Following the acquisition, the director now owns 68,000 shares in the company, valued at approximately $5,128,560. The disclosure for this purchase can be found here. 19.10% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of DDS. Russell Investments Group Ltd. raised its holdings in Dillard’s by 753.0% during the 1st quarter. Russell Investments Group Ltd. now owns 31,049 shares of the company’s stock worth $2,495,000 after buying an additional 27,409 shares during the period. Sei Investments Co. increased its holdings in shares of Dillard’s by 61.7% in the 1st quarter. Sei Investments Co. now owns 17,653 shares of the company’s stock valued at $1,416,000 after purchasing an additional 6,735 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Dillard’s in the 1st quarter valued at about $201,000. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Dillard’s by 52.9% in the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 4,207 shares of the company’s stock valued at $338,000 after purchasing an additional 1,456 shares during the period. Finally, A.R.T. Advisors LLC acquired a new position in shares of Dillard’s in the 1st quarter valued at about $715,000. Hedge funds and other institutional investors own 87.57% of the company’s stock.

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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