What is DA Davidson's Estimate for DKS Q2 Earnings?

Key Points

• DA Davidson has raised its Q2 2026 earnings per share (EPS) estimate for DICK'S Sporting Goods to $4.34, up from $4.28, and maintains a "Buy" rating with a price objective of $230.00.
• Other analysts have shown mixed opinions, with TD Cowen downgrading their rating to "hold" and reducing their price target to $216.00, while Barclays increased their target from $217.00 to $232.00.
• DICK'S Sporting Goods reported earnings of $3.37 per share in its last quarterly results, matching analysts' expectations, and announced a quarterly dividend of $1.2125 per share.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Analysts at DA Davidson raised their Q2 2026 earnings per share (EPS) estimates for shares of DICK'S Sporting Goods in a research report issued on Monday, August 11th. DA Davidson analyst M. Baker now forecasts that the sporting goods retailer will earn $4.34 per share for the quarter, up from their prior estimate of $4.28. DA Davidson has a "Buy" rating and a $230.00 price objective on the stock. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.89 per share. DA Davidson also issued estimates for DICK'S Sporting Goods' FY2026 earnings at $14.43 EPS and FY2027 earnings at $15.38 EPS.

Several other research analysts have also commented on DKS. TD Cowen lowered DICK'S Sporting Goods from a "buy" rating to a "hold" rating and set a $216.00 price objective on the stock. in a research report on Thursday, May 15th. JPMorgan Chase & Co. cut their price objective on DICK'S Sporting Goods from $224.00 to $195.00 and set a "neutral" rating on the stock in a research report on Thursday, May 29th. Gordon Haskett raised DICK'S Sporting Goods from a "reduce" rating to a "hold" rating in a research report on Friday, July 25th. Barclays raised their price objective on DICK'S Sporting Goods from $217.00 to $232.00 and gave the company an "overweight" rating in a research report on Thursday, May 29th. Finally, Robert W. Baird lowered their target price on DICK'S Sporting Goods from $230.00 to $185.00 and set a "neutral" rating for the company in a research note on Friday, May 16th. Eleven analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $221.50.

DICK'S Sporting Goods Trading Up 0.3%

Shares of DKS opened at $211.96 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 0.47 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $16.97 billion, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 3.01 and a beta of 1.07. The stock's fifty day simple moving average is $199.31 and its 200 day simple moving average is $201.97. DICK'S Sporting Goods has a twelve month low of $166.37 and a twelve month high of $254.60.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The sporting goods retailer reported $3.37 earnings per share for the quarter, hitting 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were paid a $1.2125 dividend. This represents a $4.85 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, June 13th. DICK'S Sporting Goods's dividend payout ratio (DPR) is 34.69%.

Insiders Place Their Bets

In other DICK'S Sporting Goods news, CEO Lauren R. Hobart sold 40,166 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer owned 299,990 shares of the company's stock, valued at $61,371,954.20. This trade represents a 11.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Elizabeth H. Baran sold 1,830 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $204.65, for a total transaction of $374,509.50. Following the completion of the transaction, the senior vice president directly owned 12,465 shares in the company, valued at $2,550,962.25. This represents a 12.80% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 55,866 shares of company stock valued at $11,462,773. 32.55% of the stock is owned by company insiders.

Hedge Funds Weigh In On DICK'S Sporting Goods

A number of large investors have recently bought and sold shares of DKS. Park Square Financial Group LLC bought a new stake in shares of DICK'S Sporting Goods during the fourth quarter valued at approximately $27,000. Ancora Advisors LLC bought a new stake in shares of DICK'S Sporting Goods during the fourth quarter valued at approximately $28,000. Bessemer Group Inc. raised its holdings in shares of DICK'S Sporting Goods by 108.6% during the fourth quarter. Bessemer Group Inc. now owns 146 shares of the sporting goods retailer's stock valued at $33,000 after buying an additional 76 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of DICK'S Sporting Goods by 54.1% during the first quarter. Private Trust Co. NA now owns 188 shares of the sporting goods retailer's stock valued at $38,000 after buying an additional 66 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of DICK'S Sporting Goods during the second quarter valued at approximately $40,000. 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.

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