Dillard’s, Inc. Common Stock (NYSE:DDS).
Equity analyst Credit Suisse lowered the price target and upgraded the stock on September 28 cutting the price target from $95.00 to $70.00 and raising the rating from “Neutral” to “Outperform”. On May 13 Deutsche Bank left the stock rating at “Sell” and raised the price expectation to $55.00 from $44.00.
On February 29 the stock rating was downgraded from “Hold” to “Sell” with a current price target of $44.00 in a report from Deutsche Bank. Deutsche Bank downgraded the stock and lowered the price target on February 29 changing the price target from $47.00 to $44.00 and moving the rating from “Hold” to “Sell”.
February 23 investment analysts at JP Morgan kept the company rating at “Underweight” and lowered the price target from $61.00 to $59.00.
The company is trading down from yesterday’s close of $58.47. Dillard’s, Inc. Common Stock also recently announced a dividend to be paid on Monday October 31st, 2016. The dividend payment will be $0.070 per share for the quarter which comes to $0.28 on an annualized basis. This dividend represents a yield of $0.47. The ex-dividend date will be on Tuesday June 28th, 2016.
Shares are trading at $58.21 which is slightly below the 50 day moving average of $61.91 and a tad under the 200 day moving average of $65.86. The 50 day moving average moved down $-3.77 and the 200 day average moved down $-7.72.
Dillard’s, Inc. Common Stock currently has a P/E ratio of 9.60 and the market cap is 1.99B. In the latest earnings report the EPS was $6.05 and is projected to be $5.88 for the current year with 34,219,000 shares outstanding. Next quarter’s EPS is forecasted at $2.56 and the next full year EPS is projected to be $6.07.