Zacks Research Issues Negative Estimate for DKS Earnings

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Investment analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for DICK'S Sporting Goods in a research report issued to clients and investors on Wednesday, June 11th. Zacks Research analyst R. Department now anticipates that the sporting goods retailer will post earnings per share of $2.89 for the quarter, down from their prior estimate of $2.97. 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' FY2026 earnings at $14.39 EPS and Q2 2027 earnings at $4.56 EPS.

A number of other equities analysts have also recently weighed in on the company. UBS Group decreased their price target on DICK'S Sporting Goods from $260.00 to $225.00 and set a "buy" rating for the company in a report on Thursday, May 29th. Wedbush reissued a "neutral" rating and set a $215.00 target price on shares of DICK'S Sporting Goods in a research report on Wednesday, March 12th. TD Cowen lowered shares of DICK'S Sporting Goods from a "buy" rating to a "hold" rating and set a $216.00 price target for the company. in a report on Thursday, May 15th. Loop Capital cut their price objective on shares of DICK'S Sporting Goods from $195.00 to $180.00 and set a "hold" rating on the stock in a report on Friday, May 16th. Finally, Barclays raised their target price on DICK'S Sporting Goods from $217.00 to $232.00 and gave the company an "overweight" rating in a research note on Thursday, May 29th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $220.11.

DICK'S Sporting Goods Stock Up 1.1%

Shares of DKS traded up $1.92 during midday trading on Monday, reaching $178.66. 1,287,290 shares of the company were exchanged, compared to its average volume of 1,259,154. DICK'S Sporting Goods has a 1-year low of $166.37 and a 1-year high of $254.60. The stock has a 50-day moving average price of $184.82 and a 200-day moving average price of $208.17. 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 company has a market cap of $14.30 billion, a price-to-earnings ratio of 12.77, 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, meeting the consensus estimate of $3.37. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. DICK'S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%.

Institutional Investors Weigh In On DICK'S Sporting Goods

A number of hedge funds have recently added to or reduced their stakes in DKS. Strs Ohio bought a new stake in DICK'S Sporting Goods in the 1st quarter valued at about $1,028,000. Geneos Wealth Management Inc. boosted its position in shares of DICK'S Sporting Goods by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 643 shares of the sporting goods retailer's stock worth $130,000 after buying an additional 265 shares during the period. Intech Investment Management LLC grew its holdings in DICK'S Sporting Goods by 0.9% in the 1st quarter. Intech Investment Management LLC now owns 52,003 shares of the sporting goods retailer's stock worth $10,482,000 after buying an additional 465 shares in the last quarter. Integrity Alliance LLC. acquired a new stake in DICK'S Sporting Goods in the 1st quarter valued at approximately $470,000. Finally, SCS Capital Management LLC acquired a new stake in DICK'S Sporting Goods in the 1st quarter valued at approximately $1,962,000. 89.83% of the stock is currently owned by institutional investors.

DICK'S Sporting Goods declared that its board has initiated a stock buyback 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 buy up to 18.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

DICK'S Sporting Goods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $1.2125 dividend. This represents a $4.85 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Friday, June 13th. DICK'S Sporting Goods's dividend payout ratio (DPR) is 34.69%.

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.