DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) - Stock analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for DICK'S Sporting Goods in a report released on Tuesday, March 25th. Zacks Research analyst R. Department now expects that the sporting goods retailer will earn $3.21 per share for the quarter, down from their previous estimate of $3.29. The consensus estimate for DICK'S Sporting Goods' current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK'S Sporting Goods' Q2 2026 earnings at $4.28 EPS, Q3 2026 earnings at $2.97 EPS, Q4 2026 earnings at $3.86 EPS, FY2026 earnings at $14.32 EPS, Q1 2027 earnings at $3.47 EPS, Q2 2027 earnings at $4.73 EPS, Q4 2027 earnings at $4.17 EPS, FY2027 earnings at $15.45 EPS and FY2028 earnings at $16.32 EPS.
DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.47 by $0.15. The firm had revenue of $3.89 billion during the quarter, compared to analysts' expectations of $3.76 billion. DICK'S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The business's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.85 earnings per share.
DKS has been the subject of several other reports. Argus increased their price target on DICK'S Sporting Goods from $255.00 to $280.00 and gave the stock a "buy" rating in a report on Wednesday, January 29th. Loop Capital lowered their target price on DICK'S Sporting Goods from $240.00 to $195.00 and set a "hold" rating for the company in a research note on Thursday, March 13th. DA Davidson cut their price target on shares of DICK'S Sporting Goods from $280.00 to $273.00 and set a "buy" rating on the stock in a research note on Wednesday, March 12th. Guggenheim reiterated a "neutral" rating on shares of DICK'S Sporting Goods in a report on Wednesday, March 12th. Finally, Robert W. Baird cut their price objective on shares of DICK'S Sporting Goods from $235.00 to $230.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Nine equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $245.50.
Read Our Latest Stock Analysis on DKS
DICK'S Sporting Goods Trading Down 1.4 %
Shares of DKS traded down $2.91 during trading hours on Thursday, reaching $199.06. The stock had a trading volume of 360,669 shares, compared to its average volume of 1,111,077. The company has a market cap of $16.22 billion, a P/E ratio of 14.21, a P/E/G ratio of 2.47 and a beta of 1.53. DICK'S Sporting Goods has a 52 week low of $182.84 and a 52 week high of $254.60. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average of $223.19 and a 200 day moving average of $216.62.
Institutional Investors Weigh In On DICK'S Sporting Goods
Several institutional investors have recently made changes to their positions in the stock. Wealthfront Advisers LLC acquired a new position in DICK'S Sporting Goods in the fourth quarter valued at about $1,893,210,000. Norges Bank bought a new stake in shares of DICK'S Sporting Goods during the 4th quarter worth approximately $221,693,000. Wellington Management Group LLP bought a new stake in shares of DICK'S Sporting Goods during the 4th quarter worth approximately $125,285,000. Junto Capital Management LP bought a new position in DICK'S Sporting Goods in the fourth quarter valued at approximately $89,351,000. Finally, Holocene Advisors LP acquired a new position in DICK'S Sporting Goods during the third quarter valued at approximately $70,562,000. 89.83% of the stock is currently owned by institutional investors.
Insider Activity at DICK'S Sporting Goods
In other DICK'S Sporting Goods news, EVP Julie Lodge-Jarrett sold 5,000 shares of DICK'S Sporting Goods stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $227.99, for a total value of $1,139,950.00. Following the completion of the sale, the executive vice president now owns 16,504 shares in the company, valued at $3,762,746.96. The trade was a 23.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lawrence J. Schorr sold 7,333 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total transaction of $1,697,956.15. Following the transaction, the director now owns 50,997 shares in the company, valued at approximately $11,808,355.35. The trade was a 12.57 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 172,933 shares of company stock worth $39,655,456. Company insiders own 32.03% of the company's stock.
DICK'S Sporting Goods announced that its Board of Directors has authorized a share buyback plan on Tuesday, March 11th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the sporting goods retailer to buy up to 18.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.
DICK'S Sporting Goods Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a dividend of $1.2125 per share. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from DICK'S Sporting Goods's previous quarterly dividend of $1.10. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.44%. DICK'S Sporting Goods's payout ratio is presently 34.54%.
About DICK'S Sporting Goods
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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.
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