Dillard's (NYSE:DDS) Stock Price Expected to Rise, Telsey Advisory Group Analyst Says

Key Points

• Telsey Advisory Group raised the price target for Dillard's from $450.00 to $550.00, indicating a potential upside of 9.14% from its previous close.
• Dillard's reported quarterly earnings of $4.66 per share, exceeding the consensus estimate by $0.87, with revenues reaching $1.51 billion.
• Institutional investors hold 67.15% of Dillard's stock, with significant increases in holdings by JPMorgan Chase & Co. and Wells Fargo during the fourth quarter.

Dillard's (NYSE:DDS - Get Free Report) had its target price increased by investment analysts at Telsey Advisory Group from $450.00 to $550.00 in a research report issued on Friday, Marketbeat Ratings reports. The brokerage presently has a "market perform" rating on the stock. Telsey Advisory Group's price objective would suggest a potential upside of 7.95% from the company's previous close. Telsey Advisory Group also issued estimates for Dillard's' Q1 2027 earnings at $9.28 EPS, Q3 2027 earnings at $5.37 EPS and Q4 2027 earnings at $7.70 EPS.

Several other analysts have also issued reports on the company. JPMorgan Chase & Co. boosted their target price on Dillard's from $368.00 to $458.00 and gave the company an "underweight" rating in a research note on Monday, July 28th. Wall Street Zen upgraded Dillard's from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, UBS Group lifted their price target on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research report on Friday, May 16th. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Dillard's has an average rating of "Sell" and a consensus target price of $394.33.

Dillard's Stock Performance

Dillard's stock traded down $9.7350 during mid-day trading on Friday, reaching $509.5050. 31,249 shares of the company's stock were exchanged, compared to its average volume of 142,959. The firm has a market capitalization of $7.97 billion, a PE ratio of 14.05 and a beta of 1.06. The business's fifty day simple moving average is $452.63 and its 200 day simple moving average is $409.34. The company has a quick ratio of 1.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.28. Dillard's has a one year low of $282.24 and a one year high of $533.23.

Dillard's (NYSE:DDS - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported $4.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.79 by $0.87. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Dillard's had a return on equity of 30.74% and a net margin of 8.87%.The business's revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company posted $11.09 earnings per share. On average, sell-side analysts expect that Dillard's will post 33.25 earnings per share for the current year.

Hedge Funds Weigh In On Dillard's

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DDS. JPMorgan Chase & Co. grew its position in Dillard's by 37.6% during the fourth quarter. JPMorgan Chase & Co. now owns 10,256 shares of the company's stock worth $4,428,000 after buying an additional 2,801 shares in the last quarter. Wells Fargo & Company MN grew its position in Dillard's by 9.5% during the fourth quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock worth $338,000 after buying an additional 68 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Dillard's during the fourth quarter worth about $556,000. Treasurer of the State of North Carolina grew its position in Dillard's by 2.4% during the fourth quarter. Treasurer of the State of North Carolina now owns 3,042 shares of the company's stock worth $1,313,000 after buying an additional 72 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in Dillard's during the fourth quarter worth about $427,000. 67.15% of the stock is currently owned by hedge funds and other institutional investors.

About Dillard's

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.