DICK'S Sporting Goods, Inc. (NYSE:DKS) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• DICK'S Sporting Goods now has a consensus analyst rating of “Moderate Buy” from 20 brokerages, with an average 12-month price target of about $253.89.
• The company reported fiscal Q1 earnings with revenue of $5.16 billion beating estimates, but EPS of $2.90 slightly missed expectations and the firm also trimmed its full-year profit guidance.
• DICK'S announced a quarterly dividend of $1.25 per share, payable June 26, which implies a 2.2% annualized yield; the stock was also up 3.3% in the session cited.

Shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Get Free Report) have received an average rating of "Moderate Buy" from the twenty brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $253.8889.

A number of research analysts recently commented on the stock. Wells Fargo & Company reaffirmed a "positive" rating on shares of DICK'S Sporting Goods in a report on Thursday. Jefferies Financial Group raised their price objective on shares of DICK'S Sporting Goods from $210.00 to $224.00 and gave the stock a "hold" rating in a research note on Wednesday. Morgan Stanley raised their price objective on shares of DICK'S Sporting Goods from $250.00 to $270.00 and gave the stock an "overweight" rating in a research note on Thursday. JPMorgan Chase & Co. raised shares of DICK'S Sporting Goods from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $240.00 to $270.00 in a research note on Thursday. Finally, Weiss Ratings raised shares of DICK'S Sporting Goods from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, May 7th.

DICK'S Sporting Goods Stock Up 3.3%

Shares of NYSE:DKS opened at $226.53 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK'S Sporting Goods has a 12 month low of $170.73 and a 12 month high of $237.75. The company has a 50-day moving average price of $212.92 and a 200 day moving average price of $209.71. The company has a market cap of $20.17 billion, a price-to-earnings ratio of 21.53, a PEG ratio of 3.12 and a beta of 1.21.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing analysts' consensus estimates of $2.91 by ($0.01). DICK'S Sporting Goods had a net margin of 4.71% and a return on equity of 23.41%. The business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the business posted $3.37 EPS. The firm's revenue was up 62.7% on a year-over-year basis. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts predict that DICK'S Sporting Goods will post 14.25 earnings per share for the current year.

DICK'S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $5.00 annualized dividend and a yield of 2.2%. DICK'S Sporting Goods's dividend payout ratio (DPR) is presently 48.92%.

Insider Activity

In other DICK'S Sporting Goods news, Chairman Edward W. Stack sold 210,478 shares of the firm's stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the completion of the sale, the chairman owned 6,549,026 shares of the company's stock, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm's stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the completion of the sale, the executive vice president directly owned 24,757 shares of the company's stock, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 28.91% of the stock is owned by company insiders.

Institutional Trading of DICK'S Sporting Goods

Several institutional investors and hedge funds have recently modified their holdings of DKS. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of DICK'S Sporting Goods during the fourth quarter valued at approximately $30,000. Harbor Investment Advisory LLC bought a new stake in shares of DICK'S Sporting Goods during the first quarter valued at approximately $30,000. Clearstead Advisors LLC raised its stake in shares of DICK'S Sporting Goods by 46.9% during the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer's stock valued at $32,000 after acquiring an additional 46 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of DICK'S Sporting Goods during the fourth quarter valued at approximately $34,000. Finally, Westside Investment Management Inc. raised its stake in shares of DICK'S Sporting Goods by 100.0% during the third quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer's stock valued at $35,000 after acquiring an additional 76 shares in the last quarter. Institutional investors own 89.83% of the company's stock.

More DICK'S Sporting Goods News

Here are the key news stories impacting DICK'S Sporting Goods this week:

• Positive Sentiment: DICK'S reported strong Q1 performance, with revenue beating expectations and comparable sales rising 6%, suggesting the core business remains healthy. DICK'S Sporting Goods, Inc. Reports First Quarter Results
• Positive Sentiment: Foot Locker posted its first positive sales growth in nearly three years, easing concerns about the acquisition and signaling the turnaround may be gaining traction. Dick’s Sporting Goods reports first positive sales at Foot Locker in nearly three years
• Positive Sentiment: Several Wall Street firms turned more constructive on DKS, including JPMorgan’s upgrade to overweight and higher price targets from BTIG and DA Davidson, reflecting confidence in the growth story. JPMorgan upgrade coverage
• Neutral Sentiment: The company raised its sales outlook but trimmed full-year profit guidance, indicating that Foot Locker integration costs are pressuring margins even as revenue trends improve. Dick's Sporting Goods trims profit outlook as Foot Locker overhaul pressures margins
• Neutral Sentiment: Analysts remain mixed on the stock: some see upside from the Foot Locker strategy, while others note the near-term earnings and margin risk from the turnaround effort. DKS Stock In Focus: Wall Street Sees Promise And Risks In Dick’s Sporting, Foot Locker Strategy
• Negative Sentiment: Q1 earnings came in slightly below expectations, and the lower full-year EPS outlook appears to be the main reason some investors are cautious despite the sales beat. Dick's Sporting Goods shares slide as it cuts full-year profit outlook

About DICK'S Sporting Goods

DICK'S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK'S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.

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