Wedbush Predicts Higher Earnings for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Wedbush boosted their FY2025 EPS estimates for shares of DICK’S Sporting Goods in a research report issued to clients and investors on Thursday, March 6th. Wedbush analyst S. Basham now expects that the sporting goods retailer will post earnings of $14.07 per share for the year, up from their previous forecast of $13.78. 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’ Q4 2025 earnings at $3.64 EPS, Q4 2026 earnings at $3.93 EPS and FY2027 earnings at $15.91 EPS.

Several other research firms have also commented on DKS. Loop Capital boosted their price objective on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a research note on Wednesday, November 27th. Telsey Advisory Group restated an “outperform” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research note on Friday. Argus upped 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. TD Cowen increased 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. Finally, Morgan Stanley increased their price target on shares of DICK’S Sporting Goods from $245.00 to $255.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $248.09.

DICK’S Sporting Goods Price Performance

Shares of DKS opened at $214.48 on Monday. The company has a 50 day moving average price of $231.77 and a 200-day moving average price of $219.39. DICK’S Sporting Goods has a fifty-two week low of $178.21 and a fifty-two week high of $254.60. The stock has a market capitalization of $17.47 billion, a PE ratio of 15.33, a PEG ratio of 2.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DKS. Park Square Financial Group LLC bought a new stake in DICK’S Sporting Goods during the 4th quarter worth about $27,000. New Wave Wealth Advisors LLC bought a new stake in DICK’S Sporting Goods in the 4th quarter valued at approximately $28,000. Ancora Advisors LLC bought a new stake in DICK’S Sporting Goods in the 4th quarter valued at approximately $28,000. Brooklyn Investment Group bought a new stake in DICK’S Sporting Goods in the 3rd quarter valued at approximately $27,000. Finally, Rialto Wealth Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth approximately $30,000. 89.83% of the stock is owned by institutional investors.

Insider Activity

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

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.