Dicks Sporting Goods Company Profile (NYSE:DKS)

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

Dicks Sporting Goods announced a quarterly dividend on Tuesday, May 16th. Stockholders of record on Friday, June 9th will be given a dividend of $0.17 per share on Friday, June 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, June 7th. View Dicks Sporting Goods' Dividend History.

Dicks Sporting Goods Inc (NYSE:DKS) announced its earnings results on Tuesday, May, 16th. The company reported $0.54 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.54. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.83 billion. Dicks Sporting Goods had a return on equity of 18.15% and a net margin of 4.25%. The business's revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 earnings per share. View Dicks Sporting Goods' Earnings History.

Dicks Sporting Goods issued an update on its FY18 earnings guidance on Tuesday, May, 16th. The company provided EPS guidance of $3.65-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.72. Dicks Sporting Goods also updated its Q2 guidance to $1.02-1.07 EPS.

29 brokers have issued 12-month price objectives for Dicks Sporting Goods' shares. Their forecasts range from $45.00 to $75.00. On average, they anticipate Dicks Sporting Goods' stock price to reach $57.73 in the next twelve months. View Analyst Ratings for Dicks Sporting Goods.

Here are some recent quotes from research analysts about Dicks Sporting Goods stock:

• 1. Citigroup Inc analysts commented, "We believe the 8.6% post-earnings drop presents investors with an excellent buying opportunity. DKS reported better than expected 4Q16 results on both the top and bottom lines in a very difficult retail environment. The stock's reaction is a function of FY17 comp/ EPS guidance coming in short of consensus. DKS has a long history of providing conservative guidance, and the latest guide is no different. DKS initial FY16 SSS/EPS guide was 0-2%/ $2.85-$3.00 vs. actuals of 3.5%/$3.12. Upside was achieved despite TSA bankruptcy disruptions. Lately, we have seen way too many hockey stick-type recoveries embedded in retailers' outlooks, despite uninspiring trends. DKS, on the other hand, has put up solid SSS numbers, positive traffic, expanding gross margins, and clean inventory . . . yet guided prudently based on what the company is seeing today, not the opportunities of tomorrow. We argue that DKS will develop into a beat-and-raise story as we progress throughout FY17." (3/8/2017)
• 2. Guggenheim analysts commented, " Since our initiation back in September 2016, we have been cautious on DKS (NEUTRAL, $52.61) shares due to a combination of elevated 2017 consensus expectations and an above-average valuation. Although valuation has moderated over the past 5-6 months, with the shares down ~14% since late September versus the S&P 500's 11% increase, out-year expectations have not yet. As a result, we expect a negative reaction to today's print, despite an in-line 4Q result, as initial 2017 guidance of $3.65-3.75 compares to the $3.77 consensus and stands significantly below some of the more bullish EPS forecast, which approach $4.00. We reiterate our Neutral rating and await a more attractive entry point." (3/7/2017)
• 3. According to Zacks Investment Research, "DICK’S Sporting has significantly outperformed the Zacks Categorized industry in the past year, primarily due to three straight quarters of earnings beat. Earnings were driven by robust comps, gross margin expansion and tough inventory management. Further, the company is gaining from bankruptcy declared by major rivals like the Sports Authority, which is also expected to benefit its ongoing performance. Based on the robust results and expectations of future market share gains, management raised its fiscal 2016 view. However, a dull fourth quarter guidance hinted at a weaker-than-expected holiday season – toning down investors’ optimism. Also, the company remains prone to macroeconomic hurdles and stiff competition Nonetheless, DICK’S Sporting’s focus on store expansion and undertaking investments in omni-channel business, bode well. Estimates have been stable lately ahead of the company's fourth quarter earnings." (1/18/2017)

Some companies that are related to Dicks Sporting Goods include Gap (GPS), Marks and Spencer Group Plc (MAKSY), IAC/InterActiveCorp (IAC), Foot Locker (FL), J Sainsbury plc (JSAIY), Cencosud SA (CNCO), WM Morrison Supermarkets PLC (MRWSY), Macy's (M), Panera Bread Co (PNRA), Tractor Supply Company (TSCO), Nordstrom (JWN), Burlington Stores (BURL), Kohl's Co. (KSS), Herbalife (HLF), KAR Auction Services (KAR), Staples (SPLS), Tripadvisor (TRIP) and Companhia Brasileira de Distribuicao-ADR (CBD).

Dicks Sporting Goods' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.55%), Vanguard Group Inc. (5.91%), State Street Corp (2.88%), Renaissance Technologies LLC (1.82%), OZ Management LP (1.57%) and Bank of New York Mellon Corp (1.46%). Company insiders that own Dicks Sporting Goods stock include Edward W Stack, Emanuel Chirico, Lauren R Hobart, Lee J Belitsky, Michele Willoughby and William J Colombo. View Institutional Ownership Trends for Dicks Sporting Goods.

Dicks Sporting Goods' stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, PNC Financial Services Group Inc., Cornerstone Capital Management Holdings LLC., Morgan Stanley, AQR Capital Management LLC, Parametric Portfolio Associates LLC, NN Investment Partners Holdings N.V. and UBS Asset Management Americas Inc.. Company insiders that have sold Dicks Sporting Goods stock in the last year include Edward W Stack, Emanuel Chirico, Lauren R Hobart, Lee J Belitsky and Michele Willoughby. View Insider Buying and Selling for Dicks Sporting Goods.

Dicks Sporting Goods' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., OZ Management LP, Renaissance Technologies LLC, SRS Investment Management LLC, TIAA CREF Investment Management LLC, Capital Fund Management S.A., William Blair Investment Management LLC and Renaissance Group LLC. View Insider Buying and Selling for Dicks Sporting Goods.

Shares of Dicks Sporting Goods can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Dicks Sporting Goods stock can currently be purchased for approximately $41.99.