DICK’S Sporting Goods’ (DKS) Outperform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reissued their outperform rating on shares of DICK’S Sporting Goods (NYSE:DKS) in a research report released on Friday morning,Benzinga reports. The brokerage currently has a $250.00 target price on the sporting goods retailer’s stock. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q1 2026 earnings at $3.23 EPS, Q2 2026 earnings at $4.37 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $3.89 EPS, FY2026 earnings at $14.40 EPS and FY2027 earnings at $15.48 EPS.

Several other analysts have also weighed in on DKS. Truist Financial set a $245.00 price objective on DICK’S Sporting Goods in a research note on Tuesday, March 11th. Loop Capital dropped their target price 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. Citigroup reaffirmed a “neutral” rating and issued a $220.00 price objective (down previously from $230.00) on shares of DICK’S Sporting Goods in a research note on Wednesday. DA Davidson decreased their price target on shares of DICK’S Sporting Goods from $280.00 to $273.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Finally, Argus lifted their price target on shares of DICK’S Sporting Goods from $255.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Nine equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, DICK’S Sporting Goods has an average rating of “Moderate Buy” and an average target price of $245.50.

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $194.74 on Friday. 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 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 has a twelve month low of $182.84 and a twelve month high of $254.60. The company has a 50-day simple moving average of $228.59 and a two-hundred day simple moving average of $218.02.

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. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The company had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period in the prior year, the firm posted $3.85 EPS. DICK’S Sporting Goods’s quarterly revenue was up .5% on a year-over-year basis. Analysts forecast that DICK’S Sporting Goods will post 13.89 EPS for the current year.

DICK’S Sporting Goods declared that its board has approved a stock buyback program on Tuesday, March 11th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the sporting goods retailer to purchase up to 18.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

DICK’S Sporting Goods Increases Dividend

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

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 5,000 shares of the company’s stock in a transaction on 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 transaction, the executive vice president now directly owns 16,504 shares in the company, valued at approximately $3,762,746.96. This represents a 23.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence J. Schorr sold 7,333 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 50,997 shares of the company’s stock, valued at $11,808,355.35. This represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 172,933 shares of company stock valued at $39,655,456 in the last 90 days. Corporate insiders own 32.03% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several hedge funds have recently bought and sold shares of the business. Wood Tarver Financial Group LLC purchased a new position in shares of DICK’S Sporting Goods in the 4th quarter worth about $114,000. Siemens Fonds Invest GmbH bought a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at approximately $3,384,000. Park Square Financial Group LLC bought a new position in DICK’S Sporting Goods in the 4th quarter valued at approximately $27,000. Total Wealth Planning & Management Inc. purchased a new stake in DICK’S Sporting Goods during the 4th quarter valued at $258,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter worth $6,483,000. Institutional investors own 89.83% of the company’s stock.

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.