Wedbush Forecasts Weaker Earnings for DICK'S Sporting Goods

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Investment analysts at Wedbush lowered their FY2025 EPS estimates for DICK'S Sporting Goods in a research note issued on Wednesday, November 27th. Wedbush analyst S. Basham now forecasts that the sporting goods retailer will post earnings per share of $13.78 for the year, down from their prior forecast of $13.87. Wedbush has a "Neutral" rating and a $215.00 price target on the stock. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.88 per share. Wedbush also issued estimates for DICK'S Sporting Goods' Q4 2025 earnings at $3.35 EPS, Q1 2026 earnings at $3.25 EPS, Q2 2026 earnings at $4.70 EPS, Q4 2026 earnings at $3.62 EPS, FY2026 earnings at $14.35 EPS and FY2027 earnings at $15.57 EPS.

Several other analysts also recently commented on DKS. Telsey Advisory Group reaffirmed an "outperform" rating and set a $260.00 price objective on shares of DICK'S Sporting Goods in a research report on Tuesday. Citigroup decreased their price target 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. DA Davidson reissued a "buy" rating and set a $265.00 price objective on shares of DICK'S Sporting Goods in a research report on Thursday, September 5th. TD Cowen boosted their target price on DICK'S Sporting Goods from $266.00 to $270.00 and gave the company a "buy" rating in a research report on Tuesday, September 3rd. Finally, Barclays increased their price target on DICK'S Sporting Goods from $247.00 to $254.00 and gave the stock an "overweight" rating in a report on Thursday, September 5th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $244.95.

DICK'S Sporting Goods Trading Up 0.7 %

DKS stock traded up $1.44 during mid-day trading on Thursday, reaching $213.66. The company's stock had a trading volume of 1,939,552 shares, compared to its average volume of 1,091,873. DICK'S Sporting Goods has a 12 month low of $120.39 and a 12 month high of $239.30. The company has a current ratio of 1.77, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The business's 50 day moving average price is $205.79 and its 200 day moving average price is $210.66. The company has a market cap of $17.39 billion, a price-to-earnings ratio of 15.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.64.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.07. DICK'S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The firm had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the company posted $2.85 EPS. The business's quarterly revenue was up .5% on a year-over-year basis.

Hedge Funds Weigh In On DICK'S Sporting Goods

A number of hedge funds and other institutional investors have recently modified their holdings of DKS. Renaissance Technologies LLC increased its position in shares of DICK'S Sporting Goods by 51.4% during the second quarter. Renaissance Technologies LLC now owns 1,106,341 shares of the sporting goods retailer's stock valued at $237,697,000 after acquiring an additional 375,600 shares during the last quarter. Holocene Advisors LP bought a new position in DICK'S Sporting Goods during the third quarter valued at about $70,562,000. KBC Group NV increased its holdings in DICK'S Sporting Goods by 887.3% during the third quarter. KBC Group NV now owns 250,374 shares of the sporting goods retailer's stock worth $52,253,000 after buying an additional 225,015 shares during the last quarter. International Assets Investment Management LLC raised its position in DICK'S Sporting Goods by 19,851.3% in the third quarter. International Assets Investment Management LLC now owns 208,491 shares of the sporting goods retailer's stock worth $43,512,000 after acquiring an additional 207,446 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its position in DICK'S Sporting Goods by 1,718.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 200,000 shares of the sporting goods retailer's stock worth $41,740,000 after acquiring an additional 189,000 shares during the period. Hedge funds and other institutional investors own 89.83% of the company's stock.

DICK'S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a dividend of $1.10 per share. The ex-dividend date is Friday, December 13th. This represents a $4.40 annualized dividend and a dividend yield of 2.06%. DICK'S Sporting Goods's dividend payout ratio is currently 32.28%.

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.