Telsey Advisory Group Has Negative View of DKS Q2 Earnings

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Telsey Advisory Group dropped their Q2 2026 EPS estimates for DICK'S Sporting Goods in a report released on Thursday, May 15th. Telsey Advisory Group analyst J. Feldman now forecasts that the sporting goods retailer will post earnings of $4.34 per share for the quarter, down from their previous forecast of $4.37. Telsey Advisory Group currently has a "Outperform" rating and a $250.00 target price 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 2026 earnings at $2.85 EPS and Q4 2026 earnings at $3.84 EPS.

DKS has been the subject of a number of other reports. DA Davidson reaffirmed a "buy" rating and issued a $273.00 price objective on shares of DICK'S Sporting Goods in a research report on Friday, May 16th. Robert W. Baird reduced their price objective on shares of DICK'S Sporting Goods from $230.00 to $185.00 and set a "neutral" rating for the company in a research report on Friday, May 16th. Wedbush reaffirmed a "neutral" rating and issued a $215.00 price objective on shares of DICK'S Sporting Goods in a research report on Wednesday, March 12th. Argus upped their price objective on shares of DICK'S Sporting Goods from $255.00 to $280.00 and gave the stock a "buy" rating in a research report on Wednesday, January 29th. Finally, Truist Financial set a $245.00 price objective on shares of DICK'S Sporting Goods in a research report on Tuesday, March 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $229.47.

DICK'S Sporting Goods Stock Down 2.9%

Shares of NYSE:DKS traded down $5.04 during midday trading on Monday, hitting $167.36. 1,834,394 shares of the company's stock were exchanged, compared to its average volume of 1,251,977. DICK'S Sporting Goods has a 12 month low of $166.37 and a 12 month high of $254.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.72 and a quick ratio of 0.56. The stock has a 50 day moving average price of $190.30 and a 200-day moving average price of $210.60. The company has a market cap of $13.37 billion, a PE ratio of 11.96, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 EPS for the quarter, topping the consensus estimate of $3.47 by $0.15. The company had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.76 billion. DICK'S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The firm's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.85 earnings per share.

Institutional Trading of DICK'S Sporting Goods

Institutional investors have recently modified their holdings of the business. Wealthfront Advisers LLC purchased a new stake in DICK'S Sporting Goods in the 4th quarter worth approximately $1,893,210,000. Vanguard Group Inc. lifted its stake in DICK'S Sporting Goods by 8.8% in the 1st quarter. Vanguard Group Inc. now owns 5,850,223 shares of the sporting goods retailer's stock worth $1,179,171,000 after purchasing an additional 471,217 shares in the last quarter. Wellington Management Group LLP lifted its stake in DICK'S Sporting Goods by 416.9% in the 1st quarter. Wellington Management Group LLP now owns 2,829,780 shares of the sporting goods retailer's stock worth $570,370,000 after purchasing an additional 2,282,300 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in DICK'S Sporting Goods by 4.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,866,177 shares of the sporting goods retailer's stock worth $427,056,000 after purchasing an additional 77,357 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in DICK'S Sporting Goods by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 1,057,793 shares of the sporting goods retailer's stock worth $241,660,000 after purchasing an additional 15,011 shares in the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

DICK'S Sporting Goods announced that its board has initiated a stock buyback program on Tuesday, March 11th that permits the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization permits the sporting goods retailer to repurchase up to 18.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

DICK'S Sporting Goods Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were paid a dividend of $1.2125 per share. This is a boost from DICK'S Sporting Goods's previous quarterly dividend of $1.10. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date was Friday, March 28th. DICK'S Sporting Goods's dividend payout ratio is presently 34.54%.

About DICK'S Sporting Goods

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.