Zacks Research Issues Negative Estimate for DKS Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of DICK’S Sporting Goods in a research note issued to investors on Tuesday, March 25th. Zacks Research analyst R. Department now anticipates that the sporting goods retailer will earn $3.21 per share for the quarter, down from their prior forecast 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.

A number of other research analysts also recently commented on DKS. Loop Capital reduced their price objective on shares of DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating on the stock in a research note on Thursday, March 13th. Citigroup reaffirmed a “neutral” rating and set a $220.00 price target (down previously from $230.00) on shares of DICK’S Sporting Goods in a research report on Wednesday, March 12th. Argus boosted their price objective on DICK’S Sporting Goods from $255.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Wedbush reaffirmed a “neutral” rating and set a $215.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday, March 12th. Finally, Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday, March 12th. Nine investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $245.50.

DICK’S Sporting Goods Stock Performance

DICK’S Sporting Goods stock opened at $202.09 on Thursday. The company has a current ratio of 1.72, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. The stock has a 50 day moving average of $223.19 and a 200-day moving average of $216.50. The stock has a market cap of $16.47 billion, a P/E ratio of 14.45, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53. 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 issued its quarterly earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter in the prior year, the business posted $3.85 earnings per share. DICK’S Sporting Goods’s revenue for the quarter was up .5% on a year-over-year basis.

Institutional Trading of DICK’S Sporting Goods

A number of institutional investors have recently made changes to their positions in DKS. Wealthfront Advisers LLC acquired a new position in shares of DICK’S Sporting Goods during the fourth quarter valued at approximately $1,893,210,000. Norges Bank bought a new position in DICK’S Sporting Goods during the 4th quarter valued at $221,693,000. Wellington Management Group LLP acquired a new position in shares of DICK’S Sporting Goods during the 4th quarter valued at $125,285,000. Junto Capital Management LP bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter worth $89,351,000. Finally, Holocene Advisors LP acquired a new stake in shares of DICK’S Sporting Goods in the third quarter valued at $70,562,000. 89.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity at DICK’S Sporting Goods

In related news, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $229.25, for a total transaction of $36,817,550.00. Following the sale, the chairman now directly owns 8,362,128 shares in the company, valued at $1,917,017,844. The trade was a 1.88 % decrease in their ownership of the stock. 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 the 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 completion of the transaction, the executive vice president now owns 16,504 shares of the company’s stock, valued at $3,762,746.96. This represents a 23.25 % 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 worth $39,655,456 in the last three months. 32.03% of the stock is owned by company insiders.

DICK’S Sporting Goods declared that its board has initiated a share repurchase program 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 programs are usually an indication that the company’s leadership believes its shares are undervalued.

DICK’S Sporting Goods Increases Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.40%. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Friday, March 28th. DICK’S Sporting Goods’s dividend payout ratio is 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.