DICK’S Sporting Goods (NYSE:DKS) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

DICK’S Sporting Goods (NYSE:DKS) had its price target raised by investment analysts at Jefferies Financial Group from $210.00 to $224.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the sporting goods retailer’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 3.31% from the stock’s previous close.

A number of other brokerages have also weighed in on DKS. Robert W. Baird set a $253.00 price objective on DICK’S Sporting Goods in a report on Wednesday, February 11th. Weiss Ratings upgraded DICK’S Sporting Goods from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 7th. Morgan Stanley decreased their price objective on DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Telsey Advisory Group raised their price objective on DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Finally, Barclays raised their price objective on DICK’S Sporting Goods from $242.00 to $264.00 and gave the company an “overweight” rating in a report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $247.50.

DICK’S Sporting Goods Price Performance

DICK’S Sporting Goods stock traded down $16.31 during trading on Wednesday, reaching $216.82. The company had a trading volume of 2,506,511 shares, compared to its average volume of 1,172,518. The firm’s 50-day simple moving average is $211.59 and its 200 day simple moving average is $209.65. DICK’S Sporting Goods has a 1-year low of $170.73 and a 1-year high of $237.75. The firm has a market capitalization of $19.31 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 3.29 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). The company had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.07 billion. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. DICK’S Sporting Goods’s revenue was up 62.7% compared to the same quarter last year. During the same period in the prior year, the business posted $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts anticipate that DICK’S Sporting Goods will post 14.25 earnings per share for the current fiscal year.

Insider Transactions at DICK’S Sporting Goods

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the completion of the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. This trade represents a 14.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total value of $41,609,395.82. Following the sale, the chairman directly owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 28.91% of the stock is currently owned by company insiders.

Institutional Trading of DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its position in DICK’S Sporting Goods by 588.1% in the 3rd quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer’s stock valued at $787,980,000 after acquiring an additional 3,030,642 shares in the last quarter. Wellington Management Group LLP grew its position in shares of DICK’S Sporting Goods by 83.9% during the third quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer’s stock worth $1,468,176,000 after buying an additional 3,013,850 shares in the last quarter. Viking Global Investors LP acquired a new position in shares of DICK’S Sporting Goods during the fourth quarter worth about $509,371,000. Vanguard Group Inc. grew its position in shares of DICK’S Sporting Goods by 17.8% during the third quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer’s stock worth $1,493,099,000 after buying an additional 1,015,599 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of DICK’S Sporting Goods during the fourth quarter worth about $192,639,000. 89.83% of the stock is owned by institutional investors and hedge funds.

More DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: First-quarter revenue beat estimates and rose sharply year over year, with comparable sales up 6% as the business remained healthy. DICK’S Sporting Goods, Inc. Reports First Quarter Results
• Positive Sentiment: The company said Foot Locker returned to comp sales growth and profitability, which suggests its acquisition and turnaround efforts are gaining traction. DICK’S Sporting Goods, Inc. Reports First Quarter Results
• Positive Sentiment: DICK’S raised the low end of its full-year comparable sales outlook for both the core DICK’S business and Foot Locker, signaling confidence in demand. DICK’S Sporting Goods, Inc. Reports First Quarter Results
• Neutral Sentiment: Adjusted EPS of $2.90 slightly missed the consensus estimate of $2.91, while reported earnings also fell from last year. Dick’s Sporting Goods (DKS) Lags Q1 Earnings Estimates
• Negative Sentiment: Investors are reacting to a more conservative full-year profit outlook, with FY2026 guidance cut to $13.27-$14.27 from $13.70-$14.70 previously. Dick’s Sporting Goods shares slide as it cuts full-year profit outlook
• Negative Sentiment: Management also trimmed its full-year consolidated operating income outlook, reinforcing concerns that Foot Locker integration costs and investment spending will दब pressure near-term margins. DICK’S Sporting Goods, Inc. Reports First Quarter Results

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.