DICK’S Sporting Goods (DKS) Scheduled to Post Earnings on Tuesday

DICK’S Sporting Goods (NYSE:DKS) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 26th. Analysts expect the company to announce earnings of $2.68 per share for the quarter. DICK’S Sporting Goods has set its FY 2024 guidance at 13.550-13.900 EPS and its FY25 guidance at $13.55-$13.90 EPS.Investors interested in listening to the company’s conference call can do so using this link.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Wednesday, September 4th. The sporting goods retailer reported $4.37 earnings per share for the quarter, topping the consensus estimate of $3.77 by $0.60. DICK’S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The company had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the previous year, the business posted $2.82 earnings per share. DICK’S Sporting Goods’s quarterly revenue was up 7.6% on a year-over-year basis. On average, analysts expect DICK’S Sporting Goods to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

DICK’S Sporting Goods Trading Up 4.2 %

Shares of DKS opened at $210.16 on Friday. The company’s fifty day moving average is $205.72 and its 200 day moving average is $210.31. DICK’S Sporting Goods has a fifty-two week low of $119.84 and a fifty-two week high of $239.30. The stock has a market capitalization of $17.11 billion, a PE ratio of 15.42, a P/E/G ratio of 2.29 and a beta of 1.64. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.77.

DICK’S Sporting Goods Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 20th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Friday, September 20th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 32.28%.

Analyst Ratings Changes

DKS has been the topic of a number of analyst reports. UBS Group boosted their price objective on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Robert W. Baird reaffirmed a “neutral” rating and issued a $235.00 price objective on shares of DICK’S Sporting Goods in a research note on Wednesday, August 28th. DA Davidson reaffirmed a “buy” rating and issued a $265.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, September 5th. Loop Capital upped their price objective on shares of DICK’S Sporting Goods from $200.00 to $220.00 and gave the stock a “hold” rating in a research note on Thursday, September 5th. Finally, Telsey Advisory Group increased their price target on shares of DICK’S Sporting Goods from $255.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Nine research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $244.62.

DICK’S Sporting Goods Company Profile

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.