DA Davidson Has Negative Outlook for DKS FY2026 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at DA Davidson dropped their FY2026 earnings per share (EPS) estimates for DICK’S Sporting Goods in a research note issued on Wednesday, November 27th. DA Davidson analyst M. Baker now anticipates that the sporting goods retailer will earn $14.49 per share for the year, down from their previous forecast of $14.64. DA Davidson has a “Buy” rating and a $265.00 price target on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.88 per share.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.07. The company had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.03 billion. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. DICK’S Sporting Goods’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.85 earnings per share.

DKS has been the subject of a number of other research reports. Telsey Advisory Group restated an “outperform” rating and set a $260.00 target price on shares of DICK’S Sporting Goods in a report on Tuesday, November 26th. Wedbush reiterated a “neutral” rating and set a $215.00 price objective (down previously from $250.00) on shares of DICK’S Sporting Goods in a report on Wednesday, November 27th. Truist Financial increased their price objective on DICK’S Sporting Goods from $256.00 to $258.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. JPMorgan Chase & Co. increased their price objective on DICK’S Sporting Goods from $211.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, September 9th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $235.00 price objective on shares of DICK’S Sporting Goods in a report on Wednesday, August 28th. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $244.95.

DICK’S Sporting Goods Stock Down 3.0 %

DICK’S Sporting Goods stock opened at $207.24 on Monday. The business has a fifty day moving average of $205.65 and a two-hundred day moving average of $210.85. The company has a quick ratio of 0.69, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. The firm has a market cap of $16.87 billion, a P/E ratio of 14.81, a P/E/G ratio of 2.36 and a beta of 1.64. DICK’S Sporting Goods has a twelve month low of $126.24 and a twelve month high of $239.30.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, December 13th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 31.45%.

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of institutional investors have recently modified their holdings of DKS. Janus Henderson Group PLC grew its position in shares of DICK’S Sporting Goods by 2.3% during the 1st quarter. Janus Henderson Group PLC now owns 6,948 shares of the sporting goods retailer’s stock valued at $1,562,000 after acquiring an additional 153 shares during the period. Swedbank AB acquired a new stake in DICK’S Sporting Goods in the 1st quarter worth about $1,670,000. Cetera Investment Advisers acquired a new stake in DICK’S Sporting Goods in the 1st quarter worth about $1,697,000. GAMMA Investing LLC boosted its holdings in DICK’S Sporting Goods by 18.9% in the 2nd quarter. GAMMA Investing LLC now owns 962 shares of the sporting goods retailer’s stock worth $207,000 after buying an additional 153 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in DICK’S Sporting Goods by 141.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 208 shares of the sporting goods retailer’s stock worth $45,000 after buying an additional 122 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Company Profile

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.