Telsey Advisory Group Forecasts Strong Price Appreciation for Dillard's (NYSE:DDS) Stock

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 price objective hoisted by Telsey Advisory Group from $450.00 to $550.00 in a note issued to investors on Friday, MarketBeat reports. The firm currently has a "market perform" rating on the stock. Telsey Advisory Group's price target suggests a potential upside of 6.39% 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.

DDS has been the topic of a number of other reports. Wall Street Zen raised Dillard's from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. JPMorgan Chase & Co. raised their price objective on Dillard's from $368.00 to $458.00 and gave the company an "underweight" rating in a research note on Monday, July 28th. Finally, UBS Group raised their price objective on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research note on Friday, May 16th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Sell" and a consensus target price of $394.33.

Dillard's Stock Down 1.3%

NYSE:DDS traded down $6.6170 during mid-day trading on Friday, reaching $516.9630. The stock had a trading volume of 239,507 shares, compared to its average volume of 143,688. The business's 50 day moving average is $450.34 and its 200 day moving average is $408.59. Dillard's has a fifty-two week low of $282.24 and a fifty-two week high of $533.23. The stock has a market cap of $8.09 billion, a P/E ratio of 14.26 and a beta of 1.06. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13.

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

Institutional Trading of Dillard's

Institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in shares of Dillard's by 1.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,325 shares of the company's stock valued at $554,000 after purchasing an additional 23 shares in the last quarter. Steel Grove Capital Advisors LLC lifted its stake in shares of Dillard's by 0.7% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 4,314 shares of the company's stock valued at $1,863,000 after acquiring an additional 29 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Dillard's by 0.6% in the 4th quarter. Stifel Financial Corp now owns 5,136 shares of the company's stock valued at $2,216,000 after acquiring an additional 31 shares during the last quarter. US Bancorp DE increased its holdings in Dillard's by 12.3% in the 1st quarter. US Bancorp DE now owns 293 shares of the company's stock worth $105,000 after purchasing an additional 32 shares in the last quarter. Finally, Inspire Investing LLC increased its holdings in Dillard's by 3.5% in the 1st quarter. Inspire Investing LLC now owns 959 shares of the company's stock worth $343,000 after purchasing an additional 32 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors.

Dillard's Company Profile

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.