Q3 EPS Forecast for DICK’S Sporting Goods Raised by Analyst

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Wedbush upped their Q3 2026 EPS estimates for shares of DICK’S Sporting Goods in a report issued on Wednesday, March 12th. Wedbush analyst S. Basham now forecasts that the sporting goods retailer will post earnings per share of $3.04 for the quarter, up from their prior estimate of $2.89. Wedbush currently has a “Neutral” rating and a $215.00 target price 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’ FY2028 earnings at $16.83 EPS.

DKS has been the subject of several other research reports. TD Cowen lifted their price objective on shares of DICK’S Sporting Goods from $270.00 to $294.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Stifel Nicolaus dropped their price objective on shares of DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating for the company in a research note on Wednesday. Robert W. Baird dropped their price objective on shares of DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating for the company in a research note on Wednesday. Argus lifted their price objective 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. Finally, Truist Financial set a $245.00 price objective on shares of DICK’S Sporting Goods in a research note on Tuesday. Nine investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and a consensus target price of $245.57.

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $194.74 on Friday. DICK’S Sporting Goods has a twelve month low of $182.84 and a twelve month high of $254.60. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. The company has a 50-day simple moving average of $228.59 and a two-hundred day simple moving average of $218.26. The stock has a market capitalization of $15.87 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.15. The company had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.76 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. DICK’S Sporting Goods’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company posted $3.85 EPS.

Institutional Investors Weigh In On DICK’S Sporting Goods

Institutional investors have recently added to or reduced their stakes in the business. Marion Wealth Management bought a new stake in DICK’S Sporting Goods during the 4th quarter worth approximately $545,000. Strategy Asset Managers LLC bought a new stake in DICK’S Sporting Goods during the 3rd quarter worth approximately $4,325,000. Argus Investors Counsel Inc. bought a new stake in DICK’S Sporting Goods during the 4th quarter worth approximately $257,000. Landscape Capital Management L.L.C. grew its holdings in DICK’S Sporting Goods by 402.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 15,344 shares of the sporting goods retailer’s stock worth $3,202,000 after acquiring an additional 12,293 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in DICK’S Sporting Goods by 78.2% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 11,495 shares of the sporting goods retailer’s stock worth $2,631,000 after acquiring an additional 5,046 shares during the last quarter. 89.83% of the stock is owned by institutional investors.

Insider Activity at DICK’S Sporting Goods

In related news, EVP Julie Lodge-Jarrett sold 5,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $227.99, for a total transaction of $1,139,950.00. Following the sale, the executive vice president now directly owns 16,504 shares of the company’s stock, valued at approximately $3,762,746.96. The trade was a 23.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $229.25, for a total transaction of $36,817,550.00. Following the sale, the chairman now directly owns 8,362,128 shares in the company, valued at $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. In the last three months, insiders have sold 172,933 shares of company stock valued at $39,655,456. 32.03% of the stock is owned by insiders.

DICK’S Sporting Goods announced that its board has authorized a share buyback program on Tuesday, March 11th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the sporting goods retailer to purchase up to 18.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a dividend of $1.2125 per share. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 annualized dividend and a dividend yield of 2.49%. DICK’S Sporting Goods’s payout ratio is 31.45%.

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.