News articles about Dillard’s (NYSE:DDS) have been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dillard’s earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.3041299026276 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
Shares of NYSE:DDS opened at $79.47 on Monday. Dillard’s has a 52-week low of $45.51 and a 52-week high of $88.51. The company has a market capitalization of $2,263.62, a PE ratio of 16.56 and a beta of 1.08. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.66 and a quick ratio of 0.26.
Dillard’s (NYSE:DDS) last announced its earnings results on Tuesday, February 27th. The company reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $1.00. Dillard’s had a return on equity of 8.57% and a net margin of 3.45%. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the prior year, the company earned $1.85 EPS. The business’s revenue was up 6.5% compared to the same quarter last year. equities research analysts forecast that Dillard’s will post 5.82 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, May 7th. Stockholders of record on Friday, March 30th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Wednesday, March 28th. Dillard’s’s dividend payout ratio is currently 8.33%.
Dillard’s declared that its Board of Directors has initiated a stock repurchase program on Thursday, March 1st that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.
A number of research firms have commented on DDS. ValuEngine raised Dillard’s from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 1st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $83.00 price target (up previously from $72.00) on shares of Dillard’s in a research report on Wednesday, February 28th. Deutsche Bank upped their price target on Dillard’s from $51.00 to $52.00 and gave the company a “sell” rating in a research report on Monday, February 26th. JPMorgan Chase reaffirmed an “underweight” rating on shares of Dillard’s in a research report on Tuesday, February 27th. Finally, Zacks Investment Research raised Dillard’s from a “hold” rating to a “strong-buy” rating and set a $70.00 price target for the company in a research report on Tuesday, December 19th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $60.25.
In other news, Director James I. Freeman sold 8,357 shares of the stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $84.05, for a total value of $702,405.85. Following the completion of the transaction, the director now owns 270,224 shares of the company’s stock, valued at approximately $22,712,327.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 23.27% of the stock is currently owned by corporate insiders.
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Dillard's, Inc operates as fashion apparel, cosmetics, and home furnishing retailer in the United States. It operates through two segments, Retail Operations and Construction. 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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