What is DA Davidson's Forecast for DKS Q2 Earnings?

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Analysts at DA Davidson issued their Q2 2026 earnings per share (EPS) estimates for shares of DICK'S Sporting Goods in a note issued to investors on Thursday, May 29th. DA Davidson analyst M. Baker anticipates that the sporting goods retailer will earn $4.28 per share for the quarter. DA Davidson has a "Buy" rating and a $230.00 price target on the stock. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.89 per share. DA Davidson also issued estimates for DICK'S Sporting Goods' FY2027 earnings at $15.31 EPS.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its earnings results on Wednesday, May 28th. The sporting goods retailer reported $3.37 EPS for the quarter, meeting analysts' consensus estimates of $3.37. The business had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.12 billion. DICK'S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen raised DICK'S Sporting Goods from a "sell" rating to a "hold" rating in a report on Friday, May 9th. Gordon Haskett downgraded DICK'S Sporting Goods from a "buy" rating to a "reduce" rating and set a $170.00 target price for the company. in a research note on Friday, May 16th. Loop Capital cut their target price on DICK'S Sporting Goods from $195.00 to $180.00 and set a "hold" rating for the company in a research note on Friday, May 16th. Barclays raised their target price on DICK'S Sporting Goods from $217.00 to $232.00 and gave the stock an "overweight" rating in a research note on Thursday. Finally, Wedbush restated a "neutral" rating and set a $215.00 price objective on shares of DICK'S Sporting Goods in a research report on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, DICK'S Sporting Goods has an average rating of "Hold" and an average target price of $220.11.

DICK'S Sporting Goods Price Performance

DKS stock traded down $1.76 during mid-day trading on Friday, reaching $179.45. The company's stock had a trading volume of 1,911,698 shares, compared to its average volume of 1,248,632. The stock has a market cap of $14.33 billion, a PE ratio of 12.83, a P/E/G ratio of 2.47 and a beta of 1.16. The company has a current ratio of 1.72, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. DICK'S Sporting Goods has a fifty-two week low of $166.37 and a fifty-two week high of $254.60. The company's 50 day moving average is $187.90 and its two-hundred day moving average is $209.89.

Institutional Investors Weigh In On DICK'S Sporting Goods

A number of institutional investors have recently modified their holdings of the company. Greenleaf Trust grew its stake in shares of DICK'S Sporting Goods by 3.0% in the fourth quarter. Greenleaf Trust now owns 1,721 shares of the sporting goods retailer's stock valued at $394,000 after buying an additional 50 shares in the last quarter. Oder Investment Management LLC grew its position in DICK'S Sporting Goods by 1.0% in the 1st quarter. Oder Investment Management LLC now owns 5,258 shares of the sporting goods retailer's stock valued at $1,060,000 after acquiring an additional 51 shares in the last quarter. Independent Advisor Alliance grew its position in DICK'S Sporting Goods by 5.4% in the 4th quarter. Independent Advisor Alliance now owns 1,026 shares of the sporting goods retailer's stock valued at $235,000 after acquiring an additional 53 shares in the last quarter. US Bancorp DE grew its position in DICK'S Sporting Goods by 1.1% in the 1st quarter. US Bancorp DE now owns 4,740 shares of the sporting goods retailer's stock valued at $955,000 after acquiring an additional 53 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in DICK'S Sporting Goods by 2.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 2,521 shares of the sporting goods retailer's stock valued at $577,000 after acquiring an additional 54 shares in the last quarter. 89.83% of the stock is owned by institutional investors and hedge funds.

DICK'S Sporting Goods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $1.2125 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.85 annualized dividend and a yield of 2.70%. DICK'S Sporting Goods's dividend payout ratio (DPR) is presently 34.54%.

DICK'S Sporting Goods declared that its Board of Directors has authorized a share repurchase plan on Tuesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the sporting goods retailer to buy up to 18.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

DICK'S Sporting Goods Company Profile

Dick's Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.