DA Davidson Has Positive Outlook of DKS FY2025 Earnings

DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Analysts at DA Davidson lifted their FY2025 earnings estimates for shares of DICK'S Sporting Goods in a research note issued to investors on Wednesday, November 27th. DA Davidson analyst M. Baker now forecasts that the sporting goods retailer will post earnings per share of $13.80 for the year, up from their previous estimate of $13.73. DA Davidson has a "Buy" rating and a $265.00 price target on the stock. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.88 per share. DA Davidson also issued estimates for DICK'S Sporting Goods' Q4 2025 earnings at $3.37 EPS.

Several other brokerages have also recently commented on DKS. Wells Fargo & Company reduced their price objective on shares of DICK'S Sporting Goods from $230.00 to $227.00 and set an "equal weight" rating for the company in a research note on Monday, August 12th. UBS Group upgraded shares of DICK'S Sporting Goods from a "neutral" rating to a "buy" rating and boosted their price target for the company from $225.00 to $260.00 in a research report on Wednesday. Robert W. Baird reaffirmed a "neutral" rating and issued a $235.00 price target on shares of DICK'S Sporting Goods in a report on Wednesday, August 28th. Evercore ISI reissued an "outperform" rating and set a $280.00 price objective on shares of DICK'S Sporting Goods in a research note on Thursday, September 5th. Finally, Citigroup decreased their target price on DICK'S Sporting Goods from $243.00 to $230.00 and set a "neutral" rating on the stock in a research note on Thursday, September 5th. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $244.95.

DICK'S Sporting Goods Price Performance

DKS stock traded up $1.44 during mid-day trading on Thursday, reaching $213.66. 1,939,552 shares of the company traded hands, compared to its average volume of 1,091,873. The company has a fifty day moving average price of $205.79 and a 200-day moving average price of $210.66. DICK'S Sporting Goods has a 52-week low of $120.39 and a 52-week high of $239.30. The company has a market capitalization of $17.39 billion, a P/E ratio of 15.68, a P/E/G ratio of 2.45 and a beta of 1.64. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.77 and a quick ratio of 0.69.

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

DICK'S Sporting Goods Dividend Announcement

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

Institutional Trading of DICK'S Sporting Goods

Several institutional investors have recently added to or reduced their stakes in the business. ORG Partners LLC increased its holdings in shares of DICK'S Sporting Goods by 37.0% in the third quarter. ORG Partners LLC now owns 200 shares of the sporting goods retailer's stock worth $42,000 after buying an additional 54 shares during the period. CIBC Asset Management Inc increased its stake in DICK'S Sporting Goods by 1.7% in the 3rd quarter. CIBC Asset Management Inc now owns 3,232 shares of the sporting goods retailer's stock worth $675,000 after purchasing an additional 54 shares during the period. Quent Capital LLC lifted its position in DICK'S Sporting Goods by 0.6% in the second quarter. Quent Capital LLC now owns 9,752 shares of the sporting goods retailer's stock valued at $2,095,000 after purchasing an additional 57 shares during the last quarter. Vista Capital Partners Inc. boosted its stake in shares of DICK'S Sporting Goods by 5.7% during the second quarter. Vista Capital Partners Inc. now owns 1,057 shares of the sporting goods retailer's stock valued at $227,000 after purchasing an additional 57 shares during the period. Finally, Range Financial Group LLC grew its holdings in shares of DICK'S Sporting Goods by 0.8% in the second quarter. Range Financial Group LLC now owns 9,386 shares of the sporting goods retailer's stock worth $2,017,000 after purchasing an additional 75 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

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.