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

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DICK'S Sporting Goods in the last year. There are currently 12 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 1-year target prices for DICK'S Sporting Goods' shares. Their DKS share price forecasts range from $115.00 to $200.00. On average, they predict the company's share price to reach $143.17 in the next twelve months. This suggests a possible upside of 32.1% 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 stock has decreased by 9.9% and is now trading at $108.38.
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DICK'S Sporting Goods saw a decrease in short interest in August. As of August 31st, there was short interest totaling 5,310,000 shares, a decrease of 30.5% from the August 15th total of 7,640,000 shares. Based on an average daily trading volume, of 1,640,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 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.
View our DKS earnings forecast.

DICK'S Sporting Goods, Inc. (NYSE:DKS) posted its earnings results on Tuesday, August, 22nd. The sporting goods retailer reported $2.82 EPS for the quarter, missing analysts' consensus estimates of $3.76 by $0.94. The sporting goods retailer had revenue of $3.22 billion for 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 business's quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.68 earnings per share.

DICK'S Sporting Goods announced a quarterly dividend on Monday, August 21st. Investors of record on Friday, September 15th will be paid a dividend of $1.00 per share on Friday, September 29th. This represents a $4.00 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend 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 3.77%. 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 earnings per share 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."

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 $108.38.

DICK'S Sporting Goods (NYSE:DKS) has a market capitalization of $9.21 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.