Dillard’s (NYSE:DDS – Get Free Report) released its quarterly earnings data on Thursday. The company reported $16.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.13 by $5.91, Zacks reports. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.55 billion. Dillard’s had a net margin of 10.09% and a return on equity of 31.89%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $10.39 EPS.
Dillard’s Trading Up 1.1%
Shares of NYSE:DDS traded up $5.65 during trading on Friday, reaching $540.51. The stock had a trading volume of 150,524 shares, compared to its average volume of 103,556. The firm’s fifty day moving average is $580.45 and its 200 day moving average is $619.96. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.31 and a current ratio of 2.65. Dillard’s has a 52 week low of $386.85 and a 52 week high of $741.97. The stock has a market cap of $8.44 billion, a price-to-earnings ratio of 12.85 and a beta of 1.17.
Dillard’s Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Stockholders of record on Tuesday, March 31st were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Dillard’s’s dividend payout ratio is currently 2.85%.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on DDS
Key Dillard’s News
Here are the key news stories impacting Dillard’s this week:
- Positive Sentiment: Q1 earnings came in well above estimates at $16.04 per share versus about $10 expected, while revenue also topped forecasts, signaling better-than-anticipated profitability and demand. Dillard’s, Inc. Reports First Quarter Results
- Positive Sentiment: Comparable-store sales rose 3% and total retail sales increased 3%, showing improving traffic and stronger merchandise demand across all major categories. Dillard’s Q1 Earnings & Sales Beat Estimates, Retail Sales Up 3%
- Positive Sentiment: Gross margin improved to 45.8% and net income jumped to $250.6 million, helped by a favorable litigation settlement and better operating leverage. Dillard’s Shares Rise After Earnings Beat Fueled by Litigation Settlement (DDS)
- Neutral Sentiment: Management opened a new store in Ohio and raised inventory slightly, but also noted higher operating expenses, which could temper margin gains if costs stay elevated. Dillard’s, Inc. Reports First Quarter Results
- Negative Sentiment: Some analysts remain cautious, arguing the strength may be temporary because results were aided by one-time litigation gains and may not fully reflect underlying retail demand. Dillard’s: Strength Is Temporary
Institutional Investors Weigh In On Dillard’s
Institutional investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in Dillard’s by 4.2% during the fourth quarter. Cetera Investment Advisers now owns 399 shares of the company’s stock worth $242,000 after acquiring an additional 16 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Dillard’s by 0.9% during the fourth quarter. New York State Common Retirement Fund now owns 1,729 shares of the company’s stock worth $1,048,000 after acquiring an additional 16 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Dillard’s by 3.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 896 shares of the company’s stock worth $551,000 after acquiring an additional 27 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Dillard’s by 14.8% during the second quarter. Geneos Wealth Management Inc. now owns 263 shares of the company’s stock worth $110,000 after acquiring an additional 34 shares in the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in Dillard’s by 5.1% during the second quarter. Rafferty Asset Management LLC now owns 892 shares of the company’s stock worth $373,000 after acquiring an additional 43 shares in the last quarter. 67.15% of the stock is owned by institutional investors.
About Dillard’s
Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.
The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.
Featured Stories
- Five stocks we like better than Dillard’s
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for Dillard's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's and related companies with MarketBeat.com's FREE daily email newsletter.
