Zacks Research Issues Negative Estimate for DKS Earnings

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Equities research analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of DICK'S Sporting Goods in a report issued on Wednesday, June 11th. Zacks Research analyst R. Department now expects that the sporting goods retailer will post earnings of $4.27 per share for the quarter, down from their prior estimate of $4.28. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK'S Sporting Goods' Q1 2027 earnings at $3.63 EPS, Q3 2027 earnings at $3.08 EPS, Q4 2027 earnings at $4.13 EPS, FY2027 earnings at $15.40 EPS, Q1 2028 earnings at $3.69 EPS and FY2028 earnings at $16.14 EPS.

Several other equities research analysts also recently weighed in on DKS. Robert W. Baird cut their price target on DICK'S Sporting Goods from $230.00 to $185.00 and set a "neutral" rating on the stock in a research report on Friday, May 16th. TD Cowen lowered DICK'S Sporting Goods from a "buy" rating to a "hold" rating and set a $216.00 target price on the stock. in a report on Thursday, May 15th. Guggenheim reiterated a "neutral" rating on shares of DICK'S Sporting Goods in a research report on Wednesday, March 12th. Wells Fargo & Company upped their price objective on DICK'S Sporting Goods from $171.00 to $187.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 14th. Finally, UBS Group dropped their price objective on shares of DICK'S Sporting Goods from $260.00 to $225.00 and set a "buy" rating on the stock in a research note on Thursday, May 29th. One analyst has rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $220.11.

DICK'S Sporting Goods Stock Performance

Shares of NYSE DKS traded down $8.01 during midday trading on Friday, reaching $176.38. The company had a trading volume of 1,422,033 shares, compared to its average volume of 1,256,891. DICK'S Sporting Goods has a 1 year low of $166.37 and a 1 year high of $254.60. The business's 50-day simple moving average is $184.72 and its 200 day simple moving average is $208.49. 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 stock has a market cap of $14.09 billion, a P/E ratio of 12.61, a P/E/G ratio of 2.47 and a beta of 1.07.

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

DICK'S Sporting Goods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a $1.2125 dividend. This represents a $4.85 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Friday, June 13th. DICK'S Sporting Goods's payout ratio is 34.69%.

DICK'S Sporting Goods announced that its board has initiated a stock buyback plan on Tuesday, March 11th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the sporting goods retailer to purchase up to 18.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.

Institutional Investors Weigh In On DICK'S Sporting Goods

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DKS. Oder Investment Management LLC raised its holdings in DICK'S Sporting Goods by 1.0% in the first quarter. Oder Investment Management LLC now owns 5,258 shares of the sporting goods retailer's stock valued at $1,060,000 after acquiring an additional 51 shares in the last quarter. Independent Advisor Alliance raised its stake in shares of DICK'S Sporting Goods by 5.4% in the 4th quarter. Independent Advisor Alliance now owns 1,026 shares of the sporting goods retailer's stock valued at $235,000 after purchasing an additional 53 shares in the last quarter. US Bancorp DE lifted its position in shares of DICK'S Sporting Goods by 1.1% during the first quarter. US Bancorp DE now owns 4,740 shares of the sporting goods retailer's stock worth $955,000 after purchasing an additional 53 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in DICK'S Sporting Goods by 2.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 2,521 shares of the sporting goods retailer's stock worth $577,000 after purchasing an additional 54 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its stake in DICK'S Sporting Goods by 5.9% in the fourth quarter. EP Wealth Advisors LLC now owns 1,016 shares of the sporting goods retailer's stock worth $232,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 89.83% of the company's stock.

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.