Telsey Advisory Group Has Negative View of DKS Q3 Earnings

Key Points

• Telsey Advisory Group has reduced its Q3 2026 earnings estimate for DICK'S Sporting Goods to $2.72 per share, down from the previous estimate of $2.84, while maintaining an "Outperform" rating with a target price of $255.00.
• DICK'S Sporting Goods reported a quarterly earnings of $4.38 per share, exceeding the consensus estimate of $4.30, and revenue of $3.65 billion, surpassing expectations of $3.61 billion.
• The company has announced a quarterly dividend of $1.2125 per share, resulting in a 2.3% dividend yield, with an ex-dividend date set for September 12th.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Stock analysts at Telsey Advisory Group cut their Q3 2026 earnings per share estimates for shares of DICK'S Sporting Goods in a research report issued to clients and investors on Thursday, August 28th. Telsey Advisory Group analyst J. Feldman now expects that the sporting goods retailer will post earnings of $2.72 per share for the quarter, down from their previous estimate of $2.84. 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' Q4 2026 earnings at $4.02 EPS, FY2026 earnings at $14.50 EPS, Q1 2027 earnings at $3.56 EPS, Q3 2027 earnings at $3.02 EPS and Q4 2027 earnings at $4.26 EPS.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The sporting goods retailer reported $4.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.30 by $0.08. DICK'S Sporting Goods had a return on equity of 36.54% and a net margin of 8.52%.The firm had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter in the previous year, the company posted $4.37 EPS. The business's revenue for the quarter was up 5.0% compared to the same quarter last year. DICK'S Sporting Goods has set its FY 2025 guidance at 13.900-14.500 EPS.

DKS has been the subject of several other research reports. Truist Financial lifted their price objective on DICK'S Sporting Goods from $230.00 to $248.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Bank of America dropped their target price on DICK'S Sporting Goods from $250.00 to $240.00 and set a "buy" rating for the company in a research report on Tuesday, June 24th. Cowen restated a "hold" rating on shares of DICK'S Sporting Goods in a research report on Monday, August 18th. Gordon Haskett upgraded DICK'S Sporting Goods from a "reduce" rating to a "hold" rating in a research report on Friday, July 25th. Finally, DA Davidson set a $250.00 target price on DICK'S Sporting Goods in a research report on Friday, August 29th. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $235.00.

DICK'S Sporting Goods Price Performance

DKS traded up $8.84 during trading on Monday, hitting $219.04. The company's stock had a trading volume of 1,358,630 shares, compared to its average volume of 1,542,666. The firm's 50 day moving average price is $213.72 and its two-hundred day moving average price is $200.13. The company has a quick ratio of 0.47, a current ratio of 1.70 and a debt-to-equity ratio of 0.44. DICK'S Sporting Goods has a 12 month low of $166.37 and a 12 month high of $254.60. The stock has a market capitalization of $17.53 billion, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 3.11 and a beta of 1.02.

DICK'S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be issued a dividend of $1.2125 per share. This represents a $4.85 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, September 12th. DICK'S Sporting Goods's dividend payout ratio is 33.87%.

Insider Activity

In other DICK'S Sporting Goods news, EVP Julie Lodge-Jarrett sold 3,541 shares of the stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $187.00, for a total transaction of $662,167.00. Following the completion of the transaction, the executive vice president owned 19,165 shares in the company, valued at approximately $3,583,855. This represents a 15.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Navdeep Gupta sold 13,334 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $225.00, for a total transaction of $3,000,150.00. Following the completion of the transaction, the executive vice president directly owned 74,444 shares of the company's stock, valued at approximately $16,749,900. This trade represents a 15.19% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 69,200 shares of company stock worth $14,462,923. 32.55% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DICK'S Sporting Goods

Hedge funds have recently modified their holdings of the stock. Park Square Financial Group LLC bought a new position in shares of DICK'S Sporting Goods in the 4th quarter valued at about $27,000. Ancora Advisors LLC bought a new stake in shares of DICK'S Sporting Goods in the 4th quarter valued at about $28,000. Private Trust Co. NA raised its holdings in shares of DICK'S Sporting Goods by 54.1% in the 1st quarter. Private Trust Co. NA now owns 188 shares of the sporting goods retailer's stock valued at $38,000 after purchasing an additional 66 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of DICK'S Sporting Goods in the 2nd quarter valued at about $40,000. Finally, Golden State Wealth Management LLC raised its holdings in shares of DICK'S Sporting Goods by 1,435.7% in the 1st quarter. Golden State Wealth Management LLC now owns 215 shares of the sporting goods retailer's stock valued at $43,000 after purchasing an additional 201 shares during the period. Institutional investors own 89.83% of the company's stock.

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.