DICK'S Sporting Goods (NYSE:DKS) Hits New 52-Week Low on Disappointing Earnings

Key Points

• DICK’S Sporting Goods shares plunged to a new 52-week low, falling to $124 after quarterly earnings missed expectations. EPS was $3.53 versus the $3.75 consensus, while revenue reached $5.59 billion against estimates of $5.64 billion.
• Despite the earnings shortfall, quarterly revenue increased 53.2% year over year, and core comparable sales grew 4.9%. Management maintained its core comparable-sales outlook of 2.5%–4.0% growth and issued fiscal 2026 EPS guidance of $11–$12.
• The company declared a $1.25 quarterly dividend, equivalent to $5 annually and a 4.0% yield. Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $243.65.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Get Free Report) hit a new 52-week low on Wednesday after the company announced weaker than expected quarterly earnings. The stock traded as low as $124.00 and last traded at $124.31, with a volume of 38654696 shares. The stock had previously closed at $179.33.

The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.22). The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. DICK'S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. DICK'S Sporting Goods's quarterly revenue was up 53.2% compared to the same quarter last year. During the same period in the previous year, the company earned $4.38 earnings per share. DICK'S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS.

DICK'S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. DICK'S Sporting Goods's dividend payout ratio (DPR) is presently 47.53%.

Trending Headlines about DICK'S Sporting Goods

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

• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management maintained its core-business comparable-sales outlook of 2.5% to 4.0% growth. DICK'S Sporting Goods Second Quarter Results
• Positive Sentiment: The company declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11. The dividend provides ongoing shareholder support following the selloff.
• Positive Sentiment: CNBC’s Jim Cramer argued that investors should not abandon DKS, saying the core business remains relatively strong and that the decline could create a more attractive long-term entry point if Foot Locker stabilizes. Jim Cramer’s Advice on DICK’S Sporting Goods

Wall Street Analyst Weigh In

DKS has been the topic of several recent research reports. UBS Group upgraded shares of DICK'S Sporting Goods from a "buy" rating to a "positive" rating in a research note on Monday, August 10th. Truist Financial upped their target price on shares of DICK'S Sporting Goods from $252.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, May 27th. Wells Fargo & Company set a $185.00 price target on shares of DICK'S Sporting Goods and gave the stock an "overweight" rating in a research note on Tuesday. The Goldman Sachs Group reissued a "buy" rating on shares of DICK'S Sporting Goods in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. reduced their price objective on DICK'S Sporting Goods from $270.00 to $245.00 and set an "overweight" rating for the company in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, DICK'S Sporting Goods has an average rating of "Moderate Buy" and an average target price of $243.65.

Institutional Investors Weigh In On DICK'S Sporting Goods

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC bought a new position in shares of DICK'S Sporting Goods in the first quarter worth approximately $30,000. Laurel Wealth Advisors LLC bought a new stake in shares of DICK'S Sporting Goods during the 4th quarter valued at $34,000. Elyxium Wealth LLC purchased a new position in shares of DICK'S Sporting Goods during the 4th quarter valued at $35,000. SHP Wealth Management purchased a new position in shares of DICK'S Sporting Goods during the 4th quarter valued at $38,000. Finally, Torren Management LLC bought a new position in DICK'S Sporting Goods in the 4th quarter worth $41,000. Institutional investors own 89.83% of the company's stock.

DICK'S Sporting Goods Price Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50. The company has a market cap of $11.13 billion, a P/E ratio of 11.82, a P/E/G ratio of 1.56 and a beta of 1.21. The firm's fifty day moving average is $211.11 and its two-hundred day moving average is $210.64.

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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