Zacks Research Issues Optimistic Forecast for DKS Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for DICK’S Sporting Goods in a research note issued to investors on Thursday, March 26th. Zacks Research analyst Team now forecasts that the sporting goods retailer will post earnings of $3.42 per share for the quarter, up from their previous estimate of $3.21. 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 2027 earnings at $4.58 EPS, Q3 2027 earnings at $2.80 EPS, FY2027 earnings at $14.76 EPS, Q1 2028 earnings at $3.70 EPS, Q2 2028 earnings at $4.89 EPS, Q3 2028 earnings at $2.98 EPS, FY2028 earnings at $15.68 EPS and FY2029 earnings at $16.38 EPS.

A number of other equities research analysts have also recently commented on DKS. Robert W. Baird set a $253.00 price target on shares of DICK’S Sporting Goods in a report on Wednesday, February 11th. Barclays increased their price objective on shares of DICK’S Sporting Goods from $242.00 to $264.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Morgan Stanley reduced their target price on DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. Finally, Wall Street Zen raised DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $236.21.

DICK’S Sporting Goods Stock Up 4.0%

DICK’S Sporting Goods stock opened at $198.33 on Monday. The company has a market capitalization of $17.84 billion, a PE ratio of 19.41, a PEG ratio of 2.71 and a beta of 1.23. DICK’S Sporting Goods has a 12-month low of $166.37 and a 12-month high of $237.31. The firm’s fifty day moving average is $200.88 and its 200 day moving average is $211.77. The company has a quick ratio of 0.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $6.06 billion. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The company’s revenue for the quarter was up 59.9% compared to the same quarter last year. During the same period in the prior year, the business earned $3.62 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS.

DICK’S Sporting Goods Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be issued a dividend of $1.25 per share. The ex-dividend date is Friday, March 27th. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. This represents a $5.00 annualized dividend and a yield of 2.5%. DICK’S Sporting Goods’s dividend payout ratio is currently 48.92%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Clearstead Advisors LLC raised its holdings in shares of DICK’S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after acquiring an additional 46 shares during the last quarter. Root Financial Partners LLC acquired a new position in DICK’S Sporting Goods during the 3rd quarter valued at about $33,000. Westside Investment Management Inc. increased its holdings in DICK’S Sporting Goods by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock worth $35,000 after purchasing an additional 76 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in DICK’S Sporting Goods during the 4th quarter worth approximately $30,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter worth approximately $34,000. 89.83% of the stock is owned by institutional investors.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.