Zacks Research Has Bearish Forecast for DKS Q1 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Equities research analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for shares of DICK’S Sporting Goods in a report released on Tuesday, March 25th. Zacks Research analyst R. Department now forecasts that the sporting goods retailer will earn $3.21 per share for the quarter, down from their previous estimate of $3.29. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q2 2026 earnings at $4.28 EPS, Q3 2026 earnings at $2.97 EPS, Q4 2026 earnings at $3.86 EPS, FY2026 earnings at $14.32 EPS, Q1 2027 earnings at $3.47 EPS, Q2 2027 earnings at $4.73 EPS, Q4 2027 earnings at $4.17 EPS, FY2027 earnings at $15.45 EPS and FY2028 earnings at $16.32 EPS.

DKS has been the topic of a number of other research reports. Loop Capital reduced their price objective on DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating on the stock in a research report on Thursday, March 13th. Morgan Stanley boosted their price target on shares of DICK’S Sporting Goods from $245.00 to $255.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Truist Financial set a $245.00 price objective on shares of DICK’S Sporting Goods in a report on Tuesday, March 11th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $250.00 target price on shares of DICK’S Sporting Goods in a research note on Friday, March 14th. Finally, Argus increased their price target on shares of DICK’S Sporting Goods from $255.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, January 29th. Nine research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.50.

DICK’S Sporting Goods Stock Up 1.6 %

Shares of NYSE DKS opened at $210.14 on Thursday. The company’s 50-day simple moving average is $223.71 and its 200-day simple moving average is $216.54. The firm has a market cap of $17.12 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. DICK’S Sporting Goods has a 52-week low of $182.84 and a 52-week high of $254.60.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly 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 firm had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.76 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.85 earnings per share.

Hedge Funds Weigh In On DICK’S Sporting Goods

Institutional investors have recently modified their holdings of the business. Wealthfront Advisers LLC purchased a new position in DICK’S Sporting Goods during the 4th quarter worth $1,893,210,000. Norges Bank acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth about $221,693,000. Wellington Management Group LLP purchased a new position in shares of DICK’S Sporting Goods during the fourth quarter worth about $125,285,000. Junto Capital Management LP acquired a new position in DICK’S Sporting Goods in the 4th quarter valued at about $89,351,000. Finally, Holocene Advisors LP acquired a new position in DICK’S Sporting Goods in the 3rd quarter valued at about $70,562,000. 89.83% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Chairman Edward W. Stack sold 160,600 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $229.25, for a total value 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 $1,917,017,844. This represents a 1.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $227.99, for a total value 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. This trade represents a 23.25 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 172,933 shares of company stock valued at $39,655,456. 32.03% of the stock is currently owned by insiders.

DICK’S Sporting Goods announced that its board has authorized a share repurchase program on Tuesday, March 11th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes 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 management believes its shares are undervalued.

DICK’S Sporting Goods Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a $1.2125 dividend. This represents a $4.85 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. DICK’S Sporting Goods’s dividend payout ratio is currently 34.54%.

About DICK’S Sporting Goods

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.