Wedbush Cuts Earnings Estimates for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Wedbush cut their FY2025 EPS estimates for shares of DICK’S Sporting Goods in a report released on Wednesday, November 27th. Wedbush analyst S. Basham now anticipates that the sporting goods retailer will post earnings per share of $13.78 for the year, down from their previous forecast of $13.87. Wedbush has a “Neutral” rating and a $215.00 price target on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.88 per share. Wedbush also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.35 EPS, Q1 2026 earnings at $3.25 EPS, Q2 2026 earnings at $4.70 EPS, Q4 2026 earnings at $3.62 EPS, FY2026 earnings at $14.35 EPS and FY2027 earnings at $15.57 EPS.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.07. The firm had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.03 billion. DICK’S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm posted $2.85 EPS.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. raised their price objective on shares of DICK’S Sporting Goods from $211.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, September 9th. Wells Fargo & Company lowered their price target on shares of DICK’S Sporting Goods from $230.00 to $227.00 and set an “equal weight” rating for the company in a research report on Monday, August 12th. Barclays lifted their price target on shares of DICK’S Sporting Goods from $247.00 to $254.00 and gave the stock an “overweight” rating in a research report on Thursday, September 5th. Evercore ISI reiterated an “outperform” rating and set a $280.00 price target on shares of DICK’S Sporting Goods in a research report on Thursday, September 5th. Finally, Citigroup lowered their price target on shares of DICK’S Sporting Goods from $243.00 to $230.00 and set a “neutral” rating for the company in a research report on Thursday, September 5th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods presently has an average rating of “Moderate Buy” and a consensus target price of $244.95.

DICK’S Sporting Goods Trading Up 0.7 %

DKS opened at $213.66 on Thursday. The company has a current ratio of 1.77, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $17.39 billion, a PE ratio of 15.68, a PEG ratio of 2.45 and a beta of 1.64. DICK’S Sporting Goods has a 1-year low of $120.39 and a 1-year high of $239.30. The firm has a 50-day moving average price of $205.79 and a two-hundred day moving average price of $210.66.

DICK’S Sporting Goods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, December 13th. DICK’S Sporting Goods’s payout ratio is currently 32.28%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Janus Henderson Group PLC lifted its position in shares of DICK’S Sporting Goods by 2.3% in the first quarter. Janus Henderson Group PLC now owns 6,948 shares of the sporting goods retailer’s stock worth $1,562,000 after purchasing an additional 153 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of DICK’S Sporting Goods in the first quarter worth $586,000. Swedbank AB bought a new stake in shares of DICK’S Sporting Goods in the first quarter worth $1,670,000. Cetera Investment Advisers bought a new stake in shares of DICK’S Sporting Goods in the first quarter worth $1,697,000. Finally, Teachers Retirement System of The State of Kentucky lifted its position in shares of DICK’S Sporting Goods by 24.2% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 146,792 shares of the sporting goods retailer’s stock worth $33,008,000 after purchasing an additional 28,600 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.