Telsey Advisory Group Has Weak Outlook for DKS Q2 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at Telsey Advisory Group lowered 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 anticipates that the sporting goods retailer will earn $4.37 per share for the quarter, down from their previous forecast of $4.56. Telsey Advisory Group has a “Outperform” rating and a $250.00 price target 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 announced its quarterly earnings data on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.15. The business had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.76 billion. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The company’s revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company earned $3.85 earnings per share.

A number of other research analysts have also weighed in on the company. Truist Financial set a $245.00 price objective on DICK’S Sporting Goods in a report on Tuesday. Argus raised their target price on DICK’S Sporting Goods from $255.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Robert W. Baird dropped their target price on DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating on the stock in a report on Wednesday. TD Cowen raised their target price on DICK’S Sporting Goods from $270.00 to $294.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Finally, DA Davidson dropped their target price on DICK’S Sporting Goods from $280.00 to $273.00 and set a “buy” rating on the stock in a report on Wednesday. Nine equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.50.

DICK’S Sporting Goods Stock Up 4.4 %

Shares of DKS stock opened at $194.74 on Friday. The stock’s 50-day simple moving average is $228.59 and its 200-day simple moving average is $218.14. 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 firm has a market capitalization of $15.87 billion, a PE ratio of 13.92, a P/E/G ratio of 2.47 and a beta of 1.53. DICK’S Sporting Goods has a fifty-two week low of $182.84 and a fifty-two week high of $254.60.

DICK’S Sporting Goods Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be given a $1.2125 dividend. This represents a $4.85 annualized dividend and a dividend yield of 2.49%. The ex-dividend date 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 (DPR) is 31.45%.

DICK’S Sporting Goods announced that its Board of Directors has authorized a share buyback plan on Tuesday, March 11th that permits the company to repurchase $3.00 billion in shares. This repurchase authorization permits the sporting goods retailer to purchase up to 18.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Insider Activity

In related news, 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 transaction of $1,139,950.00. Following the transaction, the executive vice president now owns 16,504 shares in the company, valued at approximately $3,762,746.96. This trade represents a 23.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Lawrence J. Schorr sold 7,333 shares of DICK’S Sporting Goods 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 transaction, the director now owns 50,997 shares in the company, valued at approximately $11,808,355.35. The trade was 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 worth $39,655,456 over the last quarter. 32.03% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors have recently added to or reduced their stakes in DKS. Assetmark Inc. increased its stake in DICK’S Sporting Goods by 20.7% during the third quarter. Assetmark Inc. now owns 1,831 shares of the sporting goods retailer’s stock worth $382,000 after acquiring an additional 314 shares during the last quarter. Venturi Wealth Management LLC increased its stake in DICK’S Sporting Goods by 253.8% during the third quarter. Venturi Wealth Management LLC now owns 612 shares of the sporting goods retailer’s stock worth $128,000 after acquiring an additional 439 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in DICK’S Sporting Goods by 12.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 143,056 shares of the sporting goods retailer’s stock worth $29,856,000 after acquiring an additional 15,591 shares during the last quarter. Victory Capital Management Inc. increased its stake in DICK’S Sporting Goods by 99.1% during the third quarter. Victory Capital Management Inc. now owns 124,119 shares of the sporting goods retailer’s stock worth $25,904,000 after acquiring an additional 61,767 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in DICK’S Sporting Goods during the third quarter worth $75,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

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.