J.Jill, Inc. (NYSE:JILL) Announces Quarterly Dividend of $0.07

J.Jill, Inc. (NYSE:JILL) declared a quarterly dividend on Wednesday, December 4th,Wall Street Journal reports. Investors of record on Thursday, December 26th will be given a dividend of 0.07 per share by the specialty retailer on Thursday, January 9th. This represents a $0.28 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Thursday, December 26th.

J.Jill has a payout ratio of 7.5% meaning its dividend is sufficiently covered by earnings. Analysts expect J.Jill to earn $3.66 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 7.7%.

J.Jill Price Performance

J.Jill stock traded down $1.27 during mid-day trading on Thursday, hitting $27.28. 149,451 shares of the company traded hands, compared to its average volume of 133,400. The stock has a fifty day moving average price of $25.29 and a 200-day moving average price of $30.54. The stock has a market cap of $411.38 million, a price-to-earnings ratio of 9.64 and a beta of 0.64. J.Jill has a one year low of $23.06 and a one year high of $40.61. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.44 and a current ratio of 0.89.

J.Jill (NYSE:JILL) last announced its earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.11. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. The company had revenue of $155.24 million during the quarter, compared to analyst estimates of $155.13 million. During the same period in the previous year, the business earned $1.10 earnings per share. On average, equities analysts predict that J.Jill will post 3.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on JILL. Telsey Advisory Group reissued a “market perform” rating and set a $38.00 price target on shares of J.Jill in a research note on Wednesday, September 4th. TD Cowen decreased their target price on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. Finally, Jefferies Financial Group cut their price target on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $39.33.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.