76.60 0.00 (0.00%)
After hours: 5:06PM EDT
|Bid||76.58 x 900|
|Ask||79.00 x 800|
|Day's Range||75.86 - 79.07|
|52 Week Range||53.96 - 94.03|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||12.26|
|Earnings Date||Aug 14, 2019 - Aug 19, 2019|
|Forward Dividend & Yield||0.40 (0.51%)|
|1y Target Est||57.20|
Profitability has been sinking at the regional department store chain, and Dillard's stock is surprisingly expensive to boot.
Today we are going to look at Dillard's, Inc. (NYSE:DDS) to see whether it might be an attractive investment prospect...
The Dillard’s at Cary Towne Center is closing. Higbee LANCOMS, which does business as Dillard’s, notified the state of North Carolina Friday that it was closing its 1105 Walnut Street operation in Cary, a move that impacts 84 employees. The news comes as the shopping center’s owners, Turnbridge Equities and Denali Properties, are in the midst of planning a massive revamp at Cary Towne Center.
Recent promotional data indicates a stabilization in markdown trends at Dillard's, Inc. (NYSE: DDS ), with promotions during the July 4 holiday being similar to last year’s levels, according to Wedbush. ...
New Jersey-headquartered CBD For Life announced Thursday further expansion of its retail presence through a partnership with Dillard’s Inc (NYSE: DDS ). CBD For Life is a subsidiary of iAnthus Capital ...
Shares of clothing chain Abercrombie & Fitch and department store chain Dillard's both climb higher after receiving upgrades from Wedbush Securities.
I was wrong on Target (NYSE:TGT). I long thought Target stock, though it looked cheap, was too expensive. The company's efforts to build out its omnichannel capabilities, I thought, would consistently pressure earnings. Add to that retail worries more broadly and TGT stock looked like a value trap.Source: Mike Mozart via Flickr (Modified)But Target has proved me -- and other skeptics -- wrong. Earnings did take a hit for a couple of years, as I detailed in January. But Target's blowout fourth-quarter report showed the company was about to reap the fruits of its omnichannel investments.Meanwhile, right at 15 times the midpoint of fiscal 2019 (ending January 2020) earnings-per-share (EPS) guidance, Target stock still isn't terribly expensive. So, another year of growth (and maybe a bit of multiple expansion), could get TGT stock from the current $88 to over $100.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat said, there are some potential potholes on the way to triple-digits. And investors would do well to mind the risks here as well. The Case for Target StockTarget's path to becoming a true omnichannel retailer hasn't been quick -- or easy. Target stock has tumbled twice as investors lost patience. In 2017, TGT hit a five-year low below $50. The stock tumbled again late last year, nearing $60 before rebounding quickly. * 7 Retail Stocks to Buy That Are Down in 2019 One reason has been that Target's earnings growth stalled out. Operating income declined. Margins compressed. Adjusted EPS was $4.69 in fiscal 2015, and $4.17 in fiscal 2017. It grew sharply in fiscal 2018, to $5.50, but a lower tax rate and a lower pace of omnichannel spend both contributed.That spend is behind the company now -- and the results seem strong. Target is guiding for 7-12% EPS growth this year, with analysts aiming a bit above the midpoint. The Street sees another 6% increase in earnings per share in fiscal 2020.Both may be conservative if recent performance holds. Comparable sales rose 5.3% in Q4 and 4.8% in Q1. That type of growth leverages day-to-day store spend -- and can move EPS much higher in a hurry. It doesn't take that much outperformance for Target to post FY2020 EPS around $7, against current expectations of $6.31. Apply a slightly higher 16-17 P/E multiple to $7 in FY2020 EPS and Target stock not only clears $100, it could threaten $120. The Risks to TGT StockOf course, the flipside is true as well: it doesn't take that much in the way of disappointment to undercut TGT stock, particularly after a sizzling 33% gain so far this year. And I'm not quite convinced Target completely is out of the woods just yet.After all, omnichannel retailing is tough. Walmart (NYSE:WMT) is finding that out, with reported losses of some $1 billion a year from its e-commerce operations. Giving consumers exactly what they want is expensive work -- and it may be more expensive than even Target realizes at the moment.There's also a worry that comparisons are going to get tougher. FY2019 comparable growth of 5% looks hugely impressive -- but Target only grew same-store and digital sales 1.3% the year before. The company faces a much tougher hurdle over the next three quarters, and into fiscal 2020. Q1 results ease that worry a bit -- a big reason why Target stock jumped on the report and kept climbing -- but Target needs to keep the momentum going.There's also the cyclical aspect of the business. Q4 and Q1 results were strong -- but retailers generally should do well in a strong economy. Cyclical stocks elsewhere are seeing pressure; if consumer purses tighten, Target could well feel the pressure.And, in either scenario, this can get ugly in a hurry. Operating margins are thin: just 5.5% in fiscal 2018, and likely modestly higher this year. It doesn't take much in the way of labor pressure, rising fulfillment costs, or further price reductions to move those margins down by 50 bps or so -- a nearly 10% impact. Cut Target's earnings by 10% or more and lower the earnings multiple, and suddenly TGT stock is heading back toward the $60s. The BetHence, the case for Target seems to come down to execution. Can the company become a legitimate competitor to Walmart and Amazon (NASDAQ:AMZN) at the top of retail? If it does, it doesn't only help earnings. It means investors value TGT closer to WMT and not in line with department stores like Kohl's (NYSE:KSS) and Dillard's (NYSE:DDS). That keeps alive the combination of earnings growth and multiple expansion that can make big gains possible. * 7 A-Rated Stocks to Buy for the Rest of 2019 But the rising Target stock price also makes the bet a little less compelling. At lower prices, Target stock offered big upside if the skeptics (like myself) were wrong. That upside, with TGT near all-time highs, is much thinner. Even a run to $100, including the 3%+ dividend yield, only suggests about 16% total return.And to get that return, Target has to stay on point. At this juncture, I wouldn't bet against it -- but if I bet on it, I'd be watching awfully closely.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy for the Rest of 2019 * 7 Education Stocks to Buy for the Future of Academia * 5 Stocks to Buy as You Rebalance Your Portfolio The post Target Stock Can Clear $100 -- But Mind the Risks appeared first on InvestorPlace.
William Dillard became the CEO of Dillard's, Inc. (NYSE:DDS) in 1998. First, this article will compare CEO...
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
Dillard's (DDS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Dillard's (DDS) gains from trendy product offerings as well as store growth and omni-channel efforts. This places it ahead of peers in an evolving retail space.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Dillard's, Inc. New York, June 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dillard's, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Dillard's Inc NYSE:DDSView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is extremely high for DDS with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting DDS. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DDS totaled $68.43 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. DDS credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Anyone researching Dillard's, Inc. (NYSE:DDS) might want to consider the historical volatility of the share price...
Dillard’s, Inc. (DDS) (the “Company” or “Dillard’s”) officially holds the Guinness World Records™ title for the Most People Applying Sunscreen Simultaneously in Multiple Venues. Dillard’s hosted the exciting event at 15 select locations across 11 states on Saturday, May 18th. The Company invited members of the community to participate in setting the record while learning the importance of protecting their skin from sun damage.
Moody's Investors Service ("Moody's") today affirmed Dillard's, Inc.'s Baa3 senior unsecured rating. "Dillard's remains well positioned to compete within its regional markets as it maintains a conservative capital structure and excellent liquidity," said Moody's Vice President, Christina Boni.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Dillard’s, Inc. announced that the Board of Directors declared a cash dividend of $0.10 per share on the Class A and Class B Common Stock of the Company payable August 5, 2019 to shareholders of record as of June 28, 2019.
Dillard’s, Inc. (DDS) (the “Company” or “Dillard’s”) conducted its annual meeting of shareholders today in Little Rock, Arkansas with Dillard's Chairman of the Board and Chief Executive Officer, William Dillard, II, presiding. Mr. Dillard referred the audience to the voting items in the Proxy Statement and, with the assistance of Corporate Secretary, Dean Worley, noted that all Directors were elected by a wide margin. Mr. Dillard and Mr. Worley also noted that Proposal 2, Ratification of the Selection of the Company’s Independent Registered Public Accountants, passed with a wide majority.
fell more than 10% on Thursday after the department store chain reported earnings that were flat with a year earlier. The earnings report prompted analysts at Wedbush Securities to cut their price target for the second time in a month. Dillard's said net income for its first quarter ended May 4 was $78.6 million, or $2.99 a share, vs. $80.5 million, or $2.89 a share in the comparable year-earlier quarter.
Check out the companies making headlines midday Thursday:Citigroup C , J.P. Morgan Chase JPM , Bank of America BAC — Bank shares rose as Treasury yields got a boost from better-than-expected economic data.