Q2 Earnings Forecast for DKS Issued By Telsey Advisory Group

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Equities research analysts at Telsey Advisory Group dropped their Q2 2026 earnings per share (EPS) estimates for shares of DICK'S Sporting Goods in a research report issued on Wednesday, May 28th. Telsey Advisory Group analyst J. Feldman now expects that the sporting goods retailer will earn $4.23 per share for the quarter, down from their prior estimate of $4.34. Telsey Advisory Group currently has a "Outperform" rating and a $220.00 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' Q1 2027 earnings at $3.59 EPS, Q2 2027 earnings at $4.60 EPS, Q3 2027 earnings at $3.14 EPS and Q4 2027 earnings at $4.15 EPS.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The sporting goods retailer reported $3.37 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $3.37. DICK'S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion.

DKS has been the subject of several other reports. Guggenheim restated a "neutral" rating on shares of DICK'S Sporting Goods in a research note on Wednesday, March 12th. Barclays raised their price objective on DICK'S Sporting Goods from $217.00 to $232.00 and gave the stock an "overweight" rating in a research report on Thursday. Wells Fargo & Company raised their price target on DICK'S Sporting Goods from $171.00 to $187.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 14th. Stifel Nicolaus lowered their target price on shares of DICK'S Sporting Goods from $226.00 to $192.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. lowered their target price on shares of DICK'S Sporting Goods from $224.00 to $195.00 and set a "neutral" rating for the company in a research note on Thursday. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, DICK'S Sporting Goods currently has a consensus rating of "Hold" and an average target price of $220.11.

DICK'S Sporting Goods Stock Down 1.0%

Shares of NYSE:DKS traded down $1.76 during trading on Friday, reaching $179.45. The stock had a trading volume of 1,911,698 shares, compared to its average volume of 1,248,632. DICK'S Sporting Goods has a one year low of $166.37 and a one year high of $254.60. The company has a market capitalization of $14.33 billion, a P/E ratio of 12.83, a PEG ratio of 2.47 and a beta of 1.16. The company has a current ratio of 1.72, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. The firm's 50-day simple moving average is $187.90 and its 200 day simple moving average is $209.89.

DICK'S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $1.2125 dividend. This represents a $4.85 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Friday, June 13th. DICK'S Sporting Goods's payout ratio is presently 34.54%.

DICK'S Sporting Goods declared that its board has authorized a share repurchase program on Tuesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the sporting goods retailer to reacquire up to 18.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its stake in shares of DICK'S Sporting Goods by 8.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 18,330 shares of the sporting goods retailer's stock valued at $4,195,000 after purchasing an additional 1,353 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of DICK'S Sporting Goods in the fourth quarter worth about $232,000. PFG Investments LLC acquired a new position in shares of DICK'S Sporting Goods in the fourth quarter worth about $224,000. Blue Trust Inc. raised its position in shares of DICK'S Sporting Goods by 47.6% in the fourth quarter. Blue Trust Inc. now owns 1,473 shares of the sporting goods retailer's stock worth $307,000 after acquiring an additional 475 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of DICK'S Sporting Goods by 21.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 98,683 shares of the sporting goods retailer's stock worth $22,583,000 after acquiring an additional 17,430 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.

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.