Q2 Earnings Estimate for DKS Issued By Telsey Advisory Group

Key Points

• Telsey Advisory Group has upgraded their Q2 2027 earnings per share estimate for DICK'S Sporting Goods to $4.67, up from $4.60, maintaining an "Outperform" rating with a $255.00 price target.
• Despite optimistic projections from Telsey, other analysts like JPMorgan Chase have reduced their target price for the stock to $195.00, indicating a range of opinions on the stock's potential.
• DICK'S Sporting Goods has declared a quarterly dividend of $1.2125 per share, with an annualized yield of 2.1%, reflecting a solid dividend payout ratio of 34.69%.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Telsey Advisory Group boosted their Q2 2027 earnings per share estimates for DICK'S Sporting Goods in a research report issued on Friday, August 22nd. Telsey Advisory Group analyst J. Feldman now forecasts that the sporting goods retailer will post earnings per share of $4.67 for the quarter, up from their prior estimate of $4.60. Telsey Advisory Group has a "Outperform" rating and a $255.00 price objective on the stock. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.89 per share. Telsey Advisory Group also issued estimates for DICK'S Sporting Goods' Q3 2027 earnings at $3.07 EPS.

A number of other research analysts have also weighed in on the company. JPMorgan Chase & Co. dropped their target price on DICK'S Sporting Goods from $224.00 to $195.00 and set a "neutral" rating on the stock in a report on Thursday, May 29th. DA Davidson restated a "buy" rating and issued a $230.00 target price on shares of DICK'S Sporting Goods in a report on Friday, June 27th. Robert W. Baird dropped their target price on DICK'S Sporting Goods from $230.00 to $185.00 and set a "neutral" rating on the stock in a report on Friday, May 16th. Bank of America dropped their price target on DICK'S Sporting Goods from $250.00 to $240.00 and set a "buy" rating on the stock in a report on Tuesday, June 24th. Finally, Wall Street Zen upgraded DICK'S Sporting Goods from a "sell" rating to a "hold" rating in a report on Friday, May 9th. Nine research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, DICK'S Sporting Goods presently has an average rating of "Hold" and an average price target of $225.00.

DICK'S Sporting Goods Stock Up 1.8%

DKS stock opened at $227.4270 on Monday. DICK'S Sporting Goods has a twelve month low of $166.37 and a twelve month high of $254.60. The company has a quick ratio of 0.47, a current ratio of 1.62 and a debt-to-equity ratio of 0.49. The stock's 50 day moving average is $207.23 and its 200-day moving average is $200.81. The firm has a market capitalization of $18.21 billion, a PE ratio of 16.27, a P/E/G ratio of 3.25 and a beta of 1.07.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its earnings results on Wednesday, May 28th. The sporting goods retailer reported $3.37 earnings per share for the quarter, meeting analysts' consensus estimates of $3.37. DICK'S Sporting Goods had a return on equity of 38.06% and a net margin of 8.49%.The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. DICK'S Sporting Goods has set its FY 2025 guidance at 13.800-14.400 EPS.

DICK'S Sporting Goods Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a dividend of $1.2125 per share. This represents a $4.85 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, June 13th. DICK'S Sporting Goods's dividend payout ratio (DPR) is 34.69%.

Insider Buying and Selling at DICK'S Sporting Goods

In other DICK'S Sporting Goods news, EVP Navdeep Gupta sold 13,334 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $225.00, for a total value of $3,000,150.00. Following the sale, the executive vice president directly owned 74,444 shares in the company, valued at $16,749,900. The trade was a 15.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Lauren R. Hobart sold 40,166 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $204.58, for a total value of $8,217,160.28. Following the completion of the sale, the chief executive officer owned 299,990 shares in the company, valued at approximately $61,371,954.20. The trade was a 11.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 69,200 shares of company stock valued at $14,462,923 in the last ninety days. 32.55% of the stock is owned by corporate insiders.

Institutional Trading of DICK'S Sporting Goods

Several hedge funds have recently made changes to their positions in the company. Campbell Capital Management Inc. bought a new stake in shares of DICK'S Sporting Goods in the second quarter valued at $10,430,000. Old North State Trust LLC bought a new stake in shares of DICK'S Sporting Goods in the second quarter valued at $280,000. Nomura Holdings Inc. bought a new stake in shares of DICK'S Sporting Goods in the second quarter valued at $11,363,000. Kestra Investment Management LLC raised its stake in shares of DICK'S Sporting Goods by 27,760.0% in the second quarter. Kestra Investment Management LLC now owns 1,393 shares of the sporting goods retailer's stock valued at $276,000 after buying an additional 1,388 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its stake in shares of DICK'S Sporting Goods by 4.9% in the second quarter. CANADA LIFE ASSURANCE Co now owns 47,768 shares of the sporting goods retailer's stock valued at $9,455,000 after buying an additional 2,244 shares during the period. 89.83% of the stock is currently owned by institutional investors.

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.

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