Zacks Research Issues Pessimistic Estimate for DKS Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at Zacks Research dropped their Q3 2026 EPS estimates for DICK’S Sporting Goods in a report released on Wednesday, June 11th. Zacks Research analyst R. Department now expects that the sporting goods retailer will earn $2.89 per share for the quarter, down from their prior estimate of $2.97. 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’ FY2026 earnings at $14.39 EPS and Q2 2027 earnings at $4.56 EPS.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Wednesday, May 28th. The sporting goods retailer reported $3.37 EPS for the quarter, hitting the consensus estimate of $3.37. The business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. DICK’S Sporting Goods had a net margin of 8.49% and a return on equity of 38.06%.

A number of other equities analysts have also recently commented on DKS. TD Cowen cut shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and set a $216.00 price target for the company. in a research note on Thursday, May 15th. Citigroup reissued a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Thursday, May 29th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $220.00 target price on shares of DICK’S Sporting Goods in a research note on Wednesday, May 28th. Robert W. Baird reduced their price target on DICK’S Sporting Goods from $230.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, May 16th. Finally, JPMorgan Chase & Co. dropped their price objective on DICK’S Sporting Goods from $224.00 to $195.00 and set a “neutral” rating for the company in a report on Thursday, May 29th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, DICK’S Sporting Goods has an average rating of “Hold” and an average target price of $220.11.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $174.84 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.47 and a current ratio of 1.62. DICK’S Sporting Goods has a fifty-two week low of $166.37 and a fifty-two week high of $254.60. The company has a market cap of $14.00 billion, a P/E ratio of 12.51, a P/E/G ratio of 2.55 and a beta of 1.07. The business’s 50 day moving average price is $184.50 and its 200-day moving average price is $207.74.

Hedge Funds Weigh In On DICK’S Sporting Goods

Institutional investors have recently bought and sold shares of the business. Strs Ohio purchased a new position in shares of DICK’S Sporting Goods during the 1st quarter valued at approximately $1,028,000. Geneos Wealth Management Inc. lifted its position in DICK’S Sporting Goods by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 643 shares of the sporting goods retailer’s stock valued at $130,000 after buying an additional 265 shares during the last quarter. Intech Investment Management LLC raised its position in DICK’S Sporting Goods by 0.9% in the first quarter. Intech Investment Management LLC now owns 52,003 shares of the sporting goods retailer’s stock valued at $10,482,000 after purchasing an additional 465 shares during the period. Integrity Alliance LLC. acquired a new position in DICK’S Sporting Goods in the 1st quarter valued at about $470,000. Finally, SCS Capital Management LLC purchased a new position in DICK’S Sporting Goods in the 1st quarter valued at approximately $1,962,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a dividend of $1.2125 per share. The ex-dividend date is Friday, June 13th. This represents a $4.85 annualized dividend and a dividend yield of 2.77%. DICK’S Sporting Goods’s payout ratio is currently 34.69%.

DICK’S Sporting Goods declared that its board has approved a stock repurchase 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 typically a sign that the company’s board of directors believes its stock is undervalued.

DICK’S Sporting Goods Company Profile

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.