Dillard’s (DDS) Expected to Announce Earnings on Monday

Dillard’s (NYSE:DDS) is anticipated to issue its quarterly earnings data before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $9.62 per share and revenue of $1.97 billion for the quarter.

Dillard’s Trading Down 4.0 %

DDS opened at $483.21 on Friday. Dillard’s has a 52 week low of $328.00 and a 52 week high of $510.00. The business has a fifty day simple moving average of $462.00 and a 200-day simple moving average of $411.91. The firm has a market cap of $7.68 billion, a P/E ratio of 12.44 and a beta of 0.88. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard’s Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, January 6th. Stockholders of record on Monday, December 16th were given a dividend of $25.00 per share. The ex-dividend date was Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio is currently 2.57%.

Insider Activity at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the sale, the vice president now owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 33.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on DDS. UBS Group lifted their target price on Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a report on Wednesday. Telsey Advisory Group lifted their target price on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Finally, StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a report on Tuesday, February 11th.

Dillard’s Company Profile

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.