DICK’S Sporting Goods (NYSE:DKS) Posts Quarterly Earnings Results, Beats Expectations By $0.15 EPS

DICK’S Sporting Goods (NYSE:DKS) posted its quarterly earnings data on Tuesday. The sporting goods retailer reported $3.62 EPS for the quarter, beating analysts’ consensus estimates of $3.47 by $0.15, Zacks reports. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The business had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same quarter last year, the company earned $3.85 earnings per share. The business’s revenue for the quarter was up .5% compared to the same quarter last year. DICK’S Sporting Goods updated its FY 2025 guidance to 13.800-14.400 EPS and its FY26 guidance to $13.80-14.40 EPS.

DICK’S Sporting Goods Price Performance

DKS opened at $211.36 on Tuesday. DICK’S Sporting Goods has a 52-week low of $178.21 and a 52-week high of $254.60. The company has a 50 day moving average of $231.36 and a two-hundred day moving average of $219.22. The company has a market cap of $17.22 billion, a P/E ratio of 15.11, a P/E/G ratio of 2.47 and a beta of 1.53. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a $1.2125 dividend. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 annualized dividend and a yield of 2.29%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 31.45%.

Analysts Set New Price Targets

DKS has been the topic of several analyst reports. Loop Capital raised their price target on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a research note on Wednesday, November 27th. Wedbush reissued a “neutral” rating and set a $215.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, March 6th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $260.00 target price on shares of DICK’S Sporting Goods in a research note on Friday. Morgan Stanley increased their price target on 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. Finally, Argus raised their price objective 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. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and an average price target of $248.09.

Insider Activity

In other news, 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 completion of the sale, the executive vice president now owns 16,504 shares in the company, valued at approximately $3,762,746.96. This trade represents a 23.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Edward W. Stack sold 160,600 shares of the business’s stock in a transaction that occurred 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 transaction, the chairman now directly owns 8,362,128 shares in the company, valued at $1,917,017,844. This trade represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 172,933 shares of company stock valued at $39,655,456. Company insiders own 32.03% 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.