DICK'S Sporting Goods (NYSE:DKS) Releases FY 2026 Earnings Guidance

Key Points

• DICK'S Sporting Goods updated FY 2026 guidance, projecting EPS of $13.50 to $14.50 and revenue of $22.1 billion to $22.4 billion. The EPS range came in below the consensus estimate, while revenue guidance was roughly in line with expectations.
• The company recently beat quarterly results, reporting EPS of $2.90 versus $2.87 expected and revenue of $5.16 billion versus $5.07 billion expected. It also posted strong profitability, with a 27.12% return on equity.
• DICK'S Sporting Goods raised its quarterly dividend to $1.25 per share from $1.21, implying a $5.00 annualized dividend yield of about 2.1%. Insider selling was also disclosed, including a large share sale by Chairman Edward W. Stack.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 13.500-14.500 for the period, compared to the consensus estimate of 14.540. The company issued revenue guidance of $22.1 billion-$22.4 billion, compared to the consensus revenue estimate of $22.1 billion.

Analysts Set New Price Targets

Several research firms have commented on DKS. Jefferies Financial Group restated a "hold" rating and issued a $210.00 price target on shares of DICK'S Sporting Goods in a report on Thursday, March 12th. Truist Financial lowered their price target on DICK'S Sporting Goods from $275.00 to $252.00 and set a "buy" rating for the company in a report on Thursday, March 12th. Robert W. Baird set a $253.00 price target on DICK'S Sporting Goods in a report on Wednesday, February 11th. Morgan Stanley lowered their price target on DICK'S Sporting Goods from $260.00 to $250.00 and set an "overweight" rating for the company in a report on Friday, March 13th. Finally, Barclays lifted their price target on DICK'S Sporting Goods from $242.00 to $264.00 and gave the company an "overweight" rating in a report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, DICK'S Sporting Goods presently has a consensus rating of "Moderate Buy" and an average price target of $246.72.

DICK'S Sporting Goods Stock Up 1.8%

Shares of NYSE:DKS opened at $235.40 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. DICK'S Sporting Goods has a 1 year low of $168.79 and a 1 year high of $237.75. The stock has a market capitalization of $20.96 billion, a P/E ratio of 23.03, a PEG ratio of 3.29 and a beta of 1.21. The stock has a 50-day simple moving average of $211.59 and a 200-day simple moving average of $209.65.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, beating the consensus estimate of $2.87 by $0.03. The business had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. DICK'S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities analysts forecast that DICK'S Sporting Goods will post 14.25 earnings per share for the current year.

DICK'S Sporting Goods Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, March 27th. This is an increase from DICK'S Sporting Goods's previous quarterly dividend of $1.21. DICK'S Sporting Goods's dividend payout ratio is currently 48.92%.

Insider Transactions at DICK'S Sporting Goods

In other DICK'S Sporting Goods news, Chairman Edward W. Stack sold 210,478 shares of the company'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 transaction, the chairman directly owned 6,549,026 shares of the company's stock, valued at $1,294,676,949.94. This represents a 3.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company's stock, valued at $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. Corporate insiders own 28.91% of the company's stock.

Hedge Funds Weigh In On DICK'S Sporting Goods

Several large investors have recently added to or reduced their stakes in DKS. Measured Wealth Private Client Group LLC acquired a new position in shares of DICK'S Sporting Goods during the third quarter valued at $48,000. Los Angeles Capital Management LLC acquired a new position in shares of DICK'S Sporting Goods during the fourth quarter valued at $49,000. Summit Securities Group LLC acquired a new position in shares of DICK'S Sporting Goods during the fourth quarter valued at $60,000. UMB Bank n.a. grew its holdings in DICK'S Sporting Goods by 13.7% during the fourth quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer's stock worth $143,000 after acquiring an additional 87 shares during the period. Finally, Parallel Advisors LLC grew its holdings in DICK'S Sporting Goods by 38.7% during the third quarter. Parallel Advisors LLC now owns 925 shares of the sporting goods retailer's stock worth $206,000 after acquiring an additional 258 shares during the period. 89.83% of the stock is currently owned by institutional investors.

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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