Dillard’s (NYSE:DDS) declared a quarterly dividend on Thursday, February 28th. Shareholders of record on Friday, March 29th will be given a dividend of $0.05 per share on Monday, May 6th. This represents a $0.20 dividend on an annualized basis and a yield of 0.25%.
Several analysts have also recently commented on the stock. Analysts at JPMorgan Chase cut their price target on shares of Dillard’s to $84.00 in a research note to investors on Tuesday. On the ratings front, analysts at Credit Suisse upgraded shares of Dillard’s from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 24th. They now have a $95.00 price target on the stock. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Dillard’s in a research note to investors on Friday, January 4th. They now have a $89.00 price target on the stock.
One equities research analyst has rated the stock with a buy rating, and two have assigned a hold rating to the company’s stock. The stock has an average rating of “overweight” and an average price target of $90.67.
Shares of Dillard’s (DDS) traded up 0.85% during mid-day trading on Thursday, hitting $79.68. Dillard’s (DDS) has a one year low of $60.16 and a one year high of $89.98. The stock’s 50-day moving average is currently $83.78. The company has a market cap of $3.801 billion and a P/E ratio of 11.50.
Dillard’s last issued its quarterly earnings data on Monday, February 25th. The company reported $2.87 EPS for the quarter, missing the Thomson Reuters consensus estimate of $2.89 by $0.02. The company had revenue of $2.11 million for the quarter, compared to the consensus estimate of $2.09 million. During the same quarter last year, the company posted $2.21 earnings per share. Dillard’s's revenue was up 6.9% compared to the same quarter last year. Analysts expect that Dillard’s (DDS) will post $7.13 EPS for the current fiscal year.
Dillard’s, Inc. (Dillard’s) is engaged in apparel and home furnishing retail business. As of January 30, 2010, the Company operated 309 Dillard’s stores, including 12 clearance centers and one Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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