01:05 PM EDT, 05/20/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month price target by $108 to $612, based on 17x our FY 27 EPS estimate and above the company's three-year average of 14.4x. We maintain our FY 27 and FY 28 EPS estimates of $36.00 and $35.00, respectively. We believe Dillard's is deserving of an above-peer multiple due to its above-peer margins and significant capital return program. The company has bought back shares aggressively and has paid large special dividends over the past five years. It operates better than most retailers and has taken a conservative approach to its store count. The company also owns the real estate for over 90% of its stores. We continue to expect DDS's EPS to drop from their elevated levels; however, the company has been able to maintain above $35 through operating efficiencies and share buybacks. We view Dillard's as the best operator in a falling sub-industry and remain neutral.