NYSE:DDS

Stock Analysis Report

Executive Summary

Dillard's, Inc. operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States.

Snowflake

Fundamentals

Adequate balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Dillard's's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.9%

DDS

0.04%

US Multiline Retail

0.4%

US Market


1 Year Return

0.7%

DDS

16.5%

US Multiline Retail

11.4%

US Market

Return vs Industry: DDS underperformed the US Multiline Retail industry which returned 16.5% over the past year.

Return vs Market: DDS underperformed the US Market which returned 11.4% over the past year.


Shareholder returns

DDSIndustryMarket
7 Day1.9%0.04%0.4%
30 Day18.8%3.4%0.3%
90 Day-8.8%13.4%-1.2%
1 Year1.4%0.7%19.5%16.5%13.9%11.4%
3 Year20.1%18.0%58.2%46.5%47.2%37.6%
5 Year-29.9%-31.6%59.4%39.3%62.4%44.6%

Price Volatility Vs. Market

How volatile is Dillard's's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dillard's undervalued compared to its fair value and its price relative to the market?

14.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DDS ($70.77) is trading above our estimate of fair value ($34.85)

Significantly Below Fair Value: DDS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DDS is poor value based on its PE Ratio (14.3x) compared to the Multiline Retail industry average (13.2x).

PE vs Market: DDS is good value based on its PE Ratio (14.3x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: DDS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: DDS is good value based on its PB Ratio (1.1x) compared to the US Multiline Retail industry average (1.5x).


Next Steps

Future Growth

How is Dillard's forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-43.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DDS's earnings are forecast to decline over the next 3 years (-43.6% per year).

Earnings vs Market: DDS's earnings are forecast to decline over the next 3 years (-43.6% per year).

High Growth Earnings: DDS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DDS's revenue is expected to decline over the next 3 years (-1.4% per year).

High Growth Revenue: DDS's revenue is forecast to decline over the next 3 years (-1.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DDS's Return on Equity is forecast to be low in 3 years time (4.4%).


Next Steps

Past Performance

How has Dillard's performed over the past 5 years?

-15.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DDS's earnings have declined by -15.1% per year over the past 5 years.

Accelerating Growth: DDS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DDS had negative earnings growth (-47.7%) over the past year, making it difficult to compare to the Multiline Retail industry average (-14.9%).


Return on Equity

High ROE: DDS's Return on Equity (7.9%) is considered low.


Return on Assets

ROA vs Industry: DDS's Return on Assets is below or equal to the Multiline Retail industry average last year.


Return on Capital Employed

ROCE Improving: DDS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Dillard's's financial position?


Financial Position Analysis

Short Term Liabilities: DDS's short term assets ($1.9B) exceeds its short term liabilities ($1.0B)

Long Term Liabilities: DDS's short term assets (1.9B) exceeds its long term liabilities (860.0M)


Debt to Equity History and Analysis

Debt Level: DDS's debt to equity ratio (41.5%) is considered high

Reducing Debt: DDS's debt to equity ratio has increased from 39.5% to 41.5% over the past 5 years.

Debt Coverage: DDS's debt is well covered by operating cash flow (53.3%).

Interest Coverage: DDS's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet

Inventory Level: DDS has a high level of physical assets or inventory.

Debt Coverage by Assets: DDS's debt is covered by short term assets (assets are 2.7x debt).


Next Steps

Dividend

What is Dillard's's current dividend yield, its reliability and sustainability?

0.85%

Current Dividend Yield


Dividend Yield vs Market

company0.8%marketbottom25%1.4%markettop25%3.7%industryaverage2.4%forecastin3Years0.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: DDS's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: DDS's dividend (0.85%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: DDS's dividends per share have been stable in the past 10 years.

Growing Dividend: DDS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.1%), DDS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DDS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Dillard's's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

William Dillard (74yo)

21.4yrs

Tenure

US$3,285,756

Compensation

Mr. William T. Dillard, II has been the Chairman at Dillard's Inc. since May 2002 and has been Chief Executive Officer since May 1998. Mr. Dillard served as President and Chief Operating Officer of Dillard ...


CEO Compensation Analysis

Compensation vs. Market: William's total compensation ($USD3.29M) is about average for companies of similar size in the US market ($USD4.05M).

Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.8yrs

Average Tenure

60yo

Average Age

Experienced Management: DDS's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

21.8yrs

Average Tenure

69yo

Average Age

Experienced Board: DDS's board of directors are seasoned and experienced ( 21.8 years average tenure).


Insider Trading

Insider Buying: DDS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$216,60015 Oct 19
Harry Hastings
EntityIndividual
Shares3,000
Max PriceUS$72.20
SellUS$154,70419 Jul 19
Tony Bolte
EntityIndividual
Shares2,400
Max PriceUS$64.46
BuyUS$45,48821 May 19
Robert Connor
EntityIndividual
Role
Member of the Board of Directors
Director
Shares800
Max PriceUS$56.86
SellUS$78,23903 Apr 19
Mike Litchford
EntityIndividual
Shares1,060
Max PriceUS$73.81

Ownership Breakdown


Management Team

  • Alex Dillard (69yo)

    President & Director

    • Tenure: 44.8yrs
    • Compensation: US$2.51m
  • Mike Dillard (67yo)

    Executive VP & Director

    • Tenure: 43.8yrs
    • Compensation: US$1.32m
  • Drue Matheny (72yo)

    Executive VP & Director

    • Tenure: 25.8yrs
    • Compensation: US$1.51m
  • William Dillard (74yo)

    Chairman & CEO

    • Tenure: 21.4yrs
    • Compensation: US$3.29m
  • Julie Guymon

    Director of Investor Relations

    • Tenure: 0yrs
  • Chris Johnson (48yo)

    Senior VP & Co-Principal Financial Officer

    • Tenure: 4.8yrs
    • Compensation: US$773.34k
  • Denise Mahaffy (60yo)

    Senior Vice President

    • Tenure: 4.8yrs
  • Bill Dillard (48yo)

    Senior Vice President

    • Tenure: 4.8yrs
  • Dean Worley (53yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 7.8yrs
  • Phillip Watts (57yo)

    Senior VP

    • Tenure: 4.7yrs
    • Compensation: US$786.21k

Board Members

  • Warren Stephens (62yo)

    Director

    • Tenure: 17.8yrs
    • Compensation: US$222.21k
  • Alex Dillard (69yo)

    President & Director

    • Tenure: 44.8yrs
    • Compensation: US$2.51m
  • James Freeman (69yo)

    Independent Director

    • Tenure: 28.8yrs
    • Compensation: US$222.21k
  • Mike Dillard (67yo)

    Executive VP & Director

    • Tenure: 43.8yrs
    • Compensation: US$1.32m
  • Drue Matheny (72yo)

    Executive VP & Director

    • Tenure: 25.8yrs
    • Compensation: US$1.51m
  • William Dillard (74yo)

    Chairman & CEO

    • Tenure: 21.4yrs
    • Compensation: US$3.29m
  • Robert Connor (77yo)

    Director

    • Tenure: 32.8yrs
    • Compensation: US$247.21k
  • J.C. Watts (61yo)

    Independent Director

    • Tenure: 10.2yrs
    • Compensation: US$222.21k
  • Reynie Rutledge (69yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: US$247.21k
  • Nick White (74yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$222.21k

Company Information

Dillard's, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dillard's, Inc.
  • Ticker: DDS
  • Exchange: NYSE
  • Founded: 1938
  • Industry: Department Stores
  • Sector: Retail
  • Market Cap: US$1.768b
  • Shares outstanding: 24.98m
  • Website: https://www.dillards.com

Number of Employees


Location

  • Dillard's, Inc.
  • 1600 Cantrell Road
  • Little Rock
  • Arkansas
  • 72201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DDSNYSE (New York Stock Exchange)YesClass A Common StockUSUSDJan 1969
DL7ADB (Deutsche Boerse AG)YesClass A Common StockDEEURJan 1969

Biography

Dillard's, Inc. operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company’s stores offer a selection of merchandise, including fa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 23:34
End of Day Share Price2019/10/23 00:00
Earnings2019/08/03
Annual Earnings2019/02/02


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.