Telsey Advisory Group Brokers Cut Earnings Estimates for DKS

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Research analysts at Telsey Advisory Group cut their Q2 2026 earnings per share (EPS) estimates for shares of DICK’S Sporting Goods in a research report issued on Tuesday, March 11th. Telsey Advisory Group analyst J. Feldman now forecasts that the sporting goods retailer will post earnings of $4.37 per share for the quarter, down from their previous forecast of $4.56. Telsey Advisory Group currently has a “Outperform” rating and a $250.00 target price on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ FY2026 earnings at $14.40 EPS.

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

A number of other research firms also recently weighed in on DKS. Truist Financial set a $245.00 price target on DICK’S Sporting Goods in a research report on Tuesday. Robert W. Baird reduced their price target on DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating for the company in a research report on Wednesday. Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. Loop Capital reduced their price target on DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating for the company in a research report on Thursday. Finally, Stifel Nicolaus reduced their price target on DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating for the company in a research report on Wednesday. Nine research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, DICK’S Sporting Goods presently has an average rating of “Moderate Buy” and an average price target of $245.57.

DICK’S Sporting Goods Trading Up 4.4 %

NYSE DKS opened at $194.74 on Friday. DICK’S Sporting Goods has a 52 week low of $182.84 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. The stock’s 50 day moving average price is $228.59 and its two-hundred day moving average price is $218.26. The stock has a market capitalization of $15.87 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 2.47 and a beta of 1.53.

Institutional Trading of DICK’S Sporting Goods

Several large investors have recently bought and sold shares of the business. Wood Tarver Financial Group LLC acquired a new stake in DICK’S Sporting Goods in the fourth quarter valued at about $114,000. Siemens Fonds Invest GmbH acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at about $3,384,000. Park Square Financial Group LLC acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at about $27,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at about $258,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at about $6,483,000. 89.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Lawrence J. Schorr sold 7,333 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total value of $1,697,956.15. Following the sale, the director now directly owns 50,997 shares of the company’s stock, valued at $11,808,355.35. This trade represents a 12.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $227.99, for a total value of $1,139,950.00. Following the completion of the sale, the executive vice president now directly owns 16,504 shares in the company, valued at $3,762,746.96. This trade represents a 23.25 % decrease in their ownership of the stock. 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. Company insiders own 32.03% of the company’s stock.

DICK’S Sporting Goods announced that its Board of Directors has approved a share buyback plan on Tuesday, March 11th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the sporting goods retailer to repurchase up to 18.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management 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 given a $1.2125 dividend. The ex-dividend date is Friday, March 28th. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.49%. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 31.45%.

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.