Wedbush Expects Reduced Earnings for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Wedbush cut their Q1 2026 EPS estimates for shares of DICK’S Sporting Goods in a research report issued on Wednesday, March 12th. Wedbush analyst S. Basham now forecasts that the sporting goods retailer will post earnings per share of $3.22 for the quarter, down from their previous estimate of $3.34. 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’ Q2 2026 earnings at $4.36 EPS, Q4 2026 earnings at $3.80 EPS, FY2026 earnings at $14.42 EPS and FY2027 earnings at $15.55 EPS.

DKS has been the topic of several other research reports. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $250.00 price target on shares of DICK’S Sporting Goods in a research note on Friday. Truist Financial set a $245.00 target price on shares of DICK’S Sporting Goods in a research report on Tuesday, March 11th. Loop Capital cut their target price on shares of DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating on the stock in a research report on Thursday. Stifel Nicolaus cut their price objective on shares of DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating on the stock in a research report on Wednesday, March 12th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, March 12th. Nine research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $245.50.

DICK’S Sporting Goods Trading Up 4.4 %

DKS stock opened at $194.74 on Monday. The company has a market capitalization of $15.87 billion, a PE ratio of 13.92, a P/E/G ratio of 2.47 and a beta of 1.53. DICK’S Sporting Goods has a 12 month low of $182.84 and a 12 month high of $254.60. The firm’s 50-day moving average is $228.59 and its 200 day moving average is $218.02. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.72 and a quick ratio of 0.56.

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

Institutional Trading of DICK’S Sporting Goods

Hedge funds have recently made changes to their positions in the business. Brooklyn Investment Group purchased a new stake in shares of DICK’S Sporting Goods during the third quarter worth approximately $27,000. Park Square Financial Group LLC purchased a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth approximately $27,000. New Wave Wealth Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth approximately $28,000. Ancora Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth approximately $28,000. Finally, Rialto Wealth Management LLC purchased a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Insider Transactions at DICK’S Sporting Goods

In other news, Director Lawrence J. Schorr sold 7,333 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total transaction of $1,697,956.15. Following the completion of the sale, the director now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 16,504 shares in the company, valued at approximately $3,762,746.96. The trade was a 23.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 172,933 shares of company stock valued at $39,655,456 over the last 90 days. 32.03% of the stock is currently owned by corporate insiders.

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 $1.2125 dividend. This represents a $4.85 annualized dividend and a yield of 2.49%. The ex-dividend date is Friday, March 28th. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. DICK’S Sporting Goods’s payout ratio is presently 31.45%.

DICK’S Sporting Goods declared that its Board of Directors has approved a stock buyback plan on Tuesday, March 11th that authorizes the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization authorizes the sporting goods retailer to repurchase up to 18.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

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.