DA Davidson Equities Analysts Cut Earnings Estimates for DKS

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Equities researchers at DA Davidson decreased their FY2026 earnings estimates for DICK'S Sporting Goods in a research report issued to clients and investors on Wednesday, November 27th. DA Davidson analyst M. Baker now expects that the sporting goods retailer will post earnings per share of $14.49 for the year, down from their previous estimate of $14.64. DA Davidson currently has a "Buy" rating and a $265.00 target price on the stock. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.88 per share.

Several other research analysts have also commented on the stock. TD Cowen lifted their price target on shares of DICK'S Sporting Goods from $266.00 to $270.00 and gave the company a "buy" rating in a report on Tuesday, September 3rd. JPMorgan Chase & Co. raised their target price on DICK'S Sporting Goods from $211.00 to $215.00 and gave the company a "neutral" rating in a research note on Monday, September 9th. Wells Fargo & Company reduced their price target on shares of DICK'S Sporting Goods from $230.00 to $227.00 and set an "equal weight" rating for the company in a report on Monday, August 12th. Robert W. Baird reiterated a "neutral" rating and issued a $235.00 price objective on shares of DICK'S Sporting Goods in a research report on Wednesday, August 28th. Finally, Citigroup reduced their target price on shares of DICK'S Sporting Goods from $243.00 to $230.00 and set a "neutral" rating for the company in a research note on Thursday, September 5th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, DICK'S Sporting Goods presently has a consensus rating of "Moderate Buy" and a consensus target price of $244.95.

DICK'S Sporting Goods Stock Performance

DKS stock traded up $8.12 during trading on Monday, hitting $215.36. 1,879,686 shares of the company's stock traded hands, compared to its average volume of 1,095,764. The stock has a market capitalization of $17.53 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 2.36 and a beta of 1.64. DICK'S Sporting Goods has a 52 week low of $136.44 and a 52 week high of $239.30. The stock has a fifty day moving average price of $205.65 and a two-hundred day moving average price of $210.92. The company has a quick ratio of 0.69, a current ratio of 1.72 and a debt-to-equity ratio of 0.48.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.07. The company had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.03 billion. DICK'S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. DICK'S Sporting Goods's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business posted $2.85 EPS.

DICK'S Sporting Goods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.04%. DICK'S Sporting Goods's payout ratio is currently 31.45%.

Institutional Trading of DICK'S Sporting Goods

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janus Henderson Group PLC lifted its holdings in shares of DICK'S Sporting Goods by 2.3% during the first quarter. Janus Henderson Group PLC now owns 6,948 shares of the sporting goods retailer's stock valued at $1,562,000 after purchasing an additional 153 shares during the last quarter. Swedbank AB purchased a new position in shares of DICK'S Sporting Goods in the first quarter worth approximately $1,670,000. Cetera Investment Advisers acquired a new stake in shares of DICK'S Sporting Goods during the first quarter valued at approximately $1,697,000. GAMMA Investing LLC lifted its position in shares of DICK'S Sporting Goods by 18.9% in the 2nd quarter. GAMMA Investing LLC now owns 962 shares of the sporting goods retailer's stock valued at $207,000 after acquiring an additional 153 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its stake in DICK'S Sporting Goods by 141.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 208 shares of the sporting goods retailer's stock worth $45,000 after purchasing an additional 122 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.

About DICK'S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.