DA Davidson Has Bullish Outlook for DKS FY2025 Earnings

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - DA Davidson raised their FY2025 EPS estimates for shares of DICK'S Sporting Goods in a research report issued on Friday, February 14th. DA Davidson analyst M. Baker now forecasts that the sporting goods retailer will post earnings of $13.90 per share for the year, up from their previous estimate of $13.80. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.89 per share. DA Davidson also issued estimates for DICK'S Sporting Goods' Q4 2025 earnings at $3.47 EPS.

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

DKS has been the subject of a number of other research reports. Truist Financial increased their price target on shares of DICK'S Sporting Goods from $256.00 to $258.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. Morgan Stanley increased their target price on shares of DICK'S Sporting Goods from $245.00 to $255.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 21st. Argus boosted their price target on DICK'S Sporting Goods from $255.00 to $280.00 and gave the company a "buy" rating in a research report on Wednesday, January 29th. Loop Capital increased their price objective on DICK'S Sporting Goods from $220.00 to $225.00 and gave the stock a "hold" rating in a research report on Wednesday, November 27th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $260.00 target price on shares of DICK'S Sporting Goods in a research note on Tuesday, November 26th. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, DICK'S Sporting Goods currently has a consensus rating of "Moderate Buy" and an average price target of $248.09.

DICK'S Sporting Goods Stock Performance

NYSE:DKS traded up $0.39 during mid-day trading on Monday, reaching $231.35. 984,289 shares of the stock were exchanged, compared to its average volume of 1,005,431. The stock has a market capitalization of $18.85 billion, a P/E ratio of 16.54, a P/E/G ratio of 2.51 and a beta of 1.57. DICK'S Sporting Goods has a 1 year low of $165.40 and a 1 year high of $254.60. The company has a 50 day simple moving average of $232.71 and a 200-day simple moving average of $218.72. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48.

DICK'S Sporting Goods Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date was Friday, December 13th. DICK'S Sporting Goods's dividend payout ratio is presently 31.45%.

Insider Activity

In other news, Chairman Edward W. Stack sold 160,600 shares of DICK'S Sporting Goods stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total value of $36,817,550.00. Following the completion of the sale, the chairman now owns 8,362,128 shares of the company's stock, valued at $1,917,017,844. The trade was a 1.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $227.99, for a total value of $1,139,950.00. Following the transaction, the executive vice president now owns 16,504 shares in the company, valued at $3,762,746.96. This trade represents a 23.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 172,933 shares of company stock valued at $39,655,456 over the last 90 days. Insiders own 32.03% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Kerusso Capital Management LLC purchased a new stake in DICK'S Sporting Goods in the third quarter valued at approximately $1,554,000. National Pension Service acquired a new position in shares of DICK'S Sporting Goods in the 3rd quarter valued at $4,195,000. Marion Wealth Management acquired a new stake in shares of DICK'S Sporting Goods during the 4th quarter worth $545,000. Strategy Asset Managers LLC acquired a new stake in shares of DICK'S Sporting Goods during the 3rd quarter worth $4,325,000. Finally, Argus Investors Counsel Inc. purchased a new position in shares of DICK'S Sporting Goods in the 4th quarter worth $257,000. Institutional investors and hedge funds own 89.83% of the company's stock.

About DICK'S Sporting Goods

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.