Research Analysts Set Expectations for DKS FY2026 Earnings

Key Points

• DA Davidson has raised its FY2026 EPS estimate for DICK'S Sporting Goods to $14.46, slightly up from the prior $14.43, while maintaining a "Buy" rating with a target price of $230.00.
• DICK'S Sporting Goods reported quarterly earnings of $4.38 EPS, surpassing analyst expectations of $4.30, along with a revenue of $3.65 billion for the quarter.
• Following the company's earnings report, several analysts have adjusted their target prices and ratings, with UBS raising theirs to $275.00 and Bank of America lowering theirs to $240.00.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Equities research analysts at DA Davidson increased their FY2026 earnings estimates for DICK'S Sporting Goods in a research report issued on Friday, August 29th. DA Davidson analyst M. Baker now anticipates that the sporting goods retailer will post earnings of $14.46 per share for the year, up from their prior forecast of $14.43. 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' FY2027 earnings at $15.65 EPS.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of DICK'S Sporting Goods from $195.00 to $235.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. Telsey Advisory Group restated an "outperform" rating and set a $255.00 price target on shares of DICK'S Sporting Goods in a report on Thursday, August 28th. Oppenheimer restated an "outperform" rating and issued a $270.00 price objective on shares of DICK'S Sporting Goods in a report on Friday, August 29th. Wells Fargo & Company increased their price objective on DICK'S Sporting Goods from $215.00 to $220.00 and gave the stock an "equal weight" rating in a report on Friday, August 29th. Finally, Robert W. Baird dropped their price objective 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. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $235.00.

DICK'S Sporting Goods Stock Up 4.2%

Shares of DKS stock traded up $8.84 during trading on Monday, hitting $219.04. 1,358,630 shares of the company were exchanged, compared to its average volume of 1,542,666. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.47 and a current ratio of 1.70. The firm has a market capitalization of $17.53 billion, a price-to-earnings ratio of 15.27, a P/E/G ratio of 3.11 and a beta of 1.02. The business's 50-day simple moving average is $213.72 and its 200 day simple moving average is $200.13. 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 released its quarterly earnings results on Thursday, August 28th. The sporting goods retailer reported $4.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.30 by $0.08. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.61 billion. DICK'S Sporting Goods had a net margin of 8.52% and a return on equity of 36.54%. The firm's revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.37 earnings per share. DICK'S Sporting Goods has set its FY 2025 guidance at 13.900-14.500 EPS.

Institutional Investors Weigh In On DICK'S Sporting Goods

Several institutional investors and hedge funds have recently added to or reduced their stakes in DKS. Park Square Financial Group LLC acquired a new stake in DICK'S Sporting Goods in the 4th quarter valued at approximately $27,000. Ancora Advisors LLC acquired a new stake in DICK'S Sporting Goods in the 4th quarter valued at approximately $28,000. Private Trust Co. NA grew its holdings in 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 buying an additional 66 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in DICK'S Sporting Goods in the 2nd quarter valued at approximately $40,000. Finally, Golden State Wealth Management LLC grew its holdings in 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 buying an additional 201 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at DICK'S Sporting Goods

In related news, CEO Lauren R. Hobart sold 40,166 shares of the business's stock in a transaction that occurred on Friday, June 27th. The stock was 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 directly owned 299,990 shares in the company, valued at approximately $61,371,954.20. The trade was a 11.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert W. Eddy bought 1,280 shares of DICK'S Sporting Goods stock in a transaction that occurred on Thursday, June 26th. The stock was bought at an average price of $194.99 per share, with a total value of $249,587.20. Following the completion of the acquisition, the director owned 6,048 shares in the company, valued at approximately $1,179,299.52. The trade was a 26.85% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 69,200 shares of company stock worth $14,462,923. 32.55% of the stock is currently owned by company insiders.

DICK'S Sporting Goods Dividend Announcement

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

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.