DICK'S Sporting Goods (DKS) Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DICK'S Sporting Goods in the last twelve months. There are currently 12 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DKS, but not buy additional shares or sell existing shares.
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21 brokers have issued 1 year price targets for DICK'S Sporting Goods' shares. Their DKS share price forecasts range from $115.00 to $200.00. On average, they expect the company's stock price to reach $143.17 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
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DICK'S Sporting Goods' stock was trading at $120.29 at the beginning of the year. Since then, DKS shares have decreased by 7.7% and is now trading at $111.06.
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DICK'S Sporting Goods saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,310,000 shares, a decline of 30.5% from the August 15th total of 7,640,000 shares. Based on an average daily volume of 1,640,000 shares, the short-interest ratio is currently 3.2 days. Currently, 9.0% of the company's stock are sold short.
View DICK'S Sporting Goods' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
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DICK'S Sporting Goods, Inc. (NYSE:DKS) issued its quarterly earnings data on Tuesday, August, 22nd. The sporting goods retailer reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $3.76 by $0.94. The sporting goods retailer earned $3.22 billion during the quarter, compared to analyst estimates of $3.24 billion. DICK'S Sporting Goods had a net margin of 8.03% and a trailing twelve-month return on equity of 40.52%. The company's revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business earned $3.68 earnings per share.

DICK'S Sporting Goods declared a quarterly dividend on Monday, August 21st. Investors of record on Friday, September 15th will be given a dividend of $1.00 per share on Friday, September 29th. This represents a $4.00 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for DKS.

ETFs with the largest weight of DICK'S Sporting Goods (NYSE:DKS) stock in their portfolio include Global X Health & Wellness ETF (BFIT), Logan Capital Broad Innovative Growth ETF (LCLG), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Simplify Market Neutral Equity Long/Short ETF (EQLS), Freedom Day Dividend ETF (MBOX), SPDR S&P Retail ETF (XRT), First Trust Consumer Discretionary AlphaDEX Fund (FXD) and Invesco Zacks Multi-Asset Income ETF (CVY).

DICK'S Sporting Goods (NYSE:DKS) pays an annual dividend of $4.00 per share and currently has a dividend yield of 3.58%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 35.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DKS will have a dividend payout ratio of 32.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DKS.

DICK'S Sporting Goods updated its FY 2023 earnings guidance on Tuesday, August, 22nd. The company provided EPS guidance of $11.50-$12.30 for the period, compared to the consensus EPS estimate of $13.49. The company issued revenue guidance of -.

1,857 employees have rated DICK'S Sporting Goods Chief Executive Officer Edward W. Stack on Glassdoor.com. Edward W. Stack has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other DICK'S Sporting Goods investors own include Walt Disney (DIS), QUALCOMM (QCOM), Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Target (TGT), AbbVie (ABBV), Intel (INTC), AT&T (T) and Bank of America (BAC).

DICK'S Sporting Goods trades on the New York Stock Exchange (NYSE) under the ticker symbol "DKS."

DICK'S Sporting Goods' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.51%), State Street Corp (2.30%), LSV Asset Management (1.63%), Holocene Advisors LP (1.51%), Geode Capital Management LLC (1.06%) and Goldman Sachs Group Inc. (0.00%). Insiders that own company stock include Anne Fink, Donald J Germano, Edward W Stack, Edward W Stack, John Edward Hayes III, Julie Lodge-Jarrett, Lauren R Hobart, Lee J Belitsky, Mark J Barrenechea, Navdeep Gupta, Sandeep Mathrani, Vladimir Rak and William J Colombo.
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Shares of DKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DKS stock can currently be purchased for approximately $111.06.

DICK'S Sporting Goods (NYSE:DKS) has a market capitalization of $9.44 billion and generates $12.37 billion in revenue each year. The sporting goods retailer earns $1.04 billion in net income (profit) each year or $11.27 on an earnings per share basis.

The company employs 52,800 workers across the globe.

DICK'S Sporting Goods' mailing address is 345 Court Street, Coraopolis PA, 15108. The official website for the company is www.dickssportinggoods.com. The sporting goods retailer can be reached via phone at (724) 273-3400, via email at investors@dcsg.com, or via fax at 724-227-1902.