Zacks Research Has Optimistic Outlook of DKS Q4 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at Zacks Research increased their Q4 2028 EPS estimates for DICK’S Sporting Goods in a research report issued to clients and investors on Wednesday, June 10th. Zacks Research analyst Team now forecasts that the sporting goods retailer will post earnings per share of $5.00 for the quarter, up from their prior estimate of $4.45. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $14.23 per share.

A number of other equities analysts have also recently issued reports on the stock. Wells Fargo & Company reaffirmed a “positive” rating on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. DA Davidson reaffirmed a “buy” rating and issued a $260.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. JPMorgan Chase & Co. raised shares of DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $240.00 to $270.00 in a research note on Thursday, May 28th. Telsey Advisory Group raised their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $300.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. 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 assigned 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 price target of $253.89.

DICK’S Sporting Goods Price Performance

Shares of DKS stock opened at $224.35 on Friday. DICK’S Sporting Goods has a 52-week low of $170.73 and a 52-week high of $237.75. The stock has a market cap of $19.98 billion, a PE ratio of 21.33, a PEG ratio of 1.88 and a beta of 1.19. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50. The firm’s 50 day moving average price is $218.21 and its two-hundred day moving average price is $210.09.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data 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). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 23.41%. The business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the business posted $3.37 earnings per share. DICK’S Sporting Goods’s revenue was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS.

DICK’S Sporting Goods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Insiders Place Their Bets

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman directly owned 6,549,026 shares in the company, valued at $1,294,676,949.94. This represents a 3.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 28.91% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Institutional investors have recently added to or reduced their stakes in the stock. Angelo Gordon & CO. L.P. bought a new stake in DICK’S Sporting Goods in the 3rd quarter valued at $8,640,000. American Century Companies Inc. lifted its position in DICK’S Sporting Goods by 139.4% in the 3rd quarter. American Century Companies Inc. now owns 412,661 shares of the sporting goods retailer’s stock valued at $91,702,000 after acquiring an additional 240,272 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in DICK’S Sporting Goods by 44.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 34,570 shares of the sporting goods retailer’s stock valued at $7,682,000 after acquiring an additional 10,661 shares in the last quarter. Vanguard Group Inc. lifted its position in DICK’S Sporting Goods by 17.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer’s stock valued at $1,493,099,000 after acquiring an additional 1,015,599 shares in the last quarter. Finally, Broad Peak Investment Advisers Pte Ltd lifted its position in DICK’S Sporting Goods by 42.4% in the 4th quarter. Broad Peak Investment Advisers Pte Ltd now owns 37,804 shares of the sporting goods retailer’s stock valued at $7,484,000 after acquiring an additional 11,250 shares in the last quarter. 89.83% of the stock is owned by institutional investors.

Key Stories Impacting DICK’S Sporting Goods

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

• Positive Sentiment: DICK’S posted 6% Q1 comparable sales growth, helped by stronger traffic, higher ticket sizes, new customers, and digital gains, reinforcing market-share momentum. Article Title
• Positive Sentiment: Zacks Research raised earnings estimates for DICK’S Sporting Goods for several future periods, including Q1 2028, Q4 2027, FY2028, and FY2029, signaling improving long-term profit expectations.
• Neutral Sentiment: Zacks Research trimmed some near-term and intermediate estimates, including Q2 2027, Q3 2027, and FY2027, though the changes were modest and still left forecasts near or above consensus.

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.