Wedbush Raises Earnings Estimates for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Wedbush lifted their Q1 2026 EPS estimates for DICK’S Sporting Goods in a note issued to investors on Thursday, March 6th. Wedbush analyst S. Basham now forecasts that the sporting goods retailer will earn $3.34 per share for the quarter, up from their prior estimate of $3.25. Wedbush has a “Neutral” rating and a $215.00 price objective on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Wedbush also issued estimates for DICK’S Sporting Goods’ Q2 2026 earnings at $4.74 EPS, Q3 2026 earnings at $2.89 EPS, FY2026 earnings at $14.90 EPS and FY2028 earnings at $17.21 EPS.

Several other brokerages also recently issued reports on DKS. Telsey Advisory Group reiterated an “outperform” rating and issued a $260.00 target price on shares of DICK’S Sporting Goods in a research note on Friday. UBS Group upgraded shares of DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and upped their target price for the stock from $225.00 to $260.00 in a research note on Wednesday, November 27th. Argus upped their target price on shares of DICK’S Sporting Goods from $255.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. TD Cowen increased their price objective on shares of DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Finally, Loop Capital increased their price objective on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a “hold” rating in a research report on Wednesday, November 27th. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.09.

DICK’S Sporting Goods Trading Down 0.1 %

Shares of NYSE DKS opened at $214.48 on Friday. The firm’s 50 day moving average price is $231.77 and its 200-day moving average price is $219.50. The company has a market cap of $17.47 billion, a PE ratio of 15.33, a P/E/G ratio of 2.47 and a beta of 1.53. DICK’S Sporting Goods has a 52-week low of $178.21 and a 52-week high of $254.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.72.

Insider Buying and Selling at DICK’S Sporting Goods

In other news, Director Lawrence J. Schorr sold 7,333 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total value of $1,697,956.15. Following the completion of the sale, the director now directly owns 50,997 shares of the company’s stock, valued at $11,808,355.35. This represents a 12.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Edward W. Stack sold 160,600 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total transaction of $36,817,550.00. Following the completion of the sale, the chairman now directly owns 8,362,128 shares of the company’s stock, valued at approximately $1,917,017,844. This trade represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 172,933 shares of company stock valued at $39,655,456. Insiders own 32.03% of the company’s stock.

Institutional Trading of DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Wealthfront Advisers LLC purchased a new position in DICK’S Sporting Goods during the fourth quarter valued at $1,893,210,000. State Street Corp grew its stake in DICK’S Sporting Goods by 1.2% during the third quarter. State Street Corp now owns 2,259,133 shares of the sporting goods retailer’s stock valued at $473,945,000 after acquiring an additional 27,155 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in DICK’S Sporting Goods by 4.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,866,177 shares of the sporting goods retailer’s stock valued at $427,056,000 after acquiring an additional 77,357 shares in the last quarter. Geode Capital Management LLC grew its stake in DICK’S Sporting Goods by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 1,057,793 shares of the sporting goods retailer’s stock valued at $241,660,000 after acquiring an additional 15,011 shares in the last quarter. Finally, Norges Bank purchased a new position in DICK’S Sporting Goods during the fourth quarter valued at $221,693,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Company Profile

Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.