J.Jill, Inc. (NYSE:JILL) Plans $0.09 Quarterly Dividend

J.Jill, Inc. (NYSE:JILL) declared a quarterly dividend on Wednesday, June 3rd. Stockholders of record on Wednesday, June 24th will be given a dividend of 0.09 per share by the specialty retailer on Wednesday, July 8th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, June 24th.

J.Jill has a dividend payout ratio of 9.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect J.Jill to earn $2.43 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 14.8%.

J.Jill Stock Performance

JILL opened at $12.96 on Thursday. J.Jill has a 52-week low of $10.40 and a 52-week high of $18.80. The company has a quick ratio of 0.54, a current ratio of 1.08 and a debt-to-equity ratio of 0.59. The company has a market cap of $193.19 million, a P/E ratio of 7.12 and a beta of 0.92. The firm’s 50-day moving average price is $12.64 and its 200-day moving average price is $14.56.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.10. J.Jill had a net margin of 4.68% and a return on equity of 30.77%. The firm had revenue of $138.41 million for the quarter, compared to the consensus estimate of $135.55 million. As a group, equities analysts anticipate that J.Jill will post 2 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on JILL. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a report on Tuesday, April 21st. Zacks Research downgraded shares of J.Jill from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th. BTIG Research cut their price target on shares of J.Jill from $21.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Telsey Advisory Group reiterated a “market perform” rating and issued a $16.00 price target on shares of J.Jill in a report on Tuesday, March 31st. Finally, Wall Street Zen downgraded shares of J.Jill from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.25.

J.Jill Company Profile

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.