The company made news this week by announcing a special dividend ahead of the expected tax hikes. The 2% rally off that news helped, but the stock already was on a tear for the year.
DDS has just two analysts, but both are ranking it a hold, which doesn’t make sense given the stock’s performance. And the company has bested earnings expectations all four of the last four quarters by an average of 22%. It’s amazing that alone hasn’t attracted the attention Dillard’s deserves.
With the economy improving, it makes sense that the middle-class shoppers will return to the malls — stores like Dillard’s are where they usually go. Put this one in your bag before it gets the attention it deserves.
As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities.