DA Davidson Has Negative Forecast for DKS FY2026 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at DA Davidson dropped their FY2026 EPS estimates for shares of DICK’S Sporting Goods in a report released on Wednesday, November 27th. DA Davidson analyst M. Baker now forecasts that the sporting goods retailer will post earnings per share of $14.49 for the year, down from their previous estimate of $14.64. DA Davidson has a “Buy” rating and a $265.00 price objective on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.88 per share.

Several other equities analysts have also weighed in on the company. Barclays increased their target price on DICK’S Sporting Goods from $247.00 to $254.00 and gave the company an “overweight” rating in a research note on Thursday, September 5th. TD Cowen increased their price target on DICK’S Sporting Goods from $266.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Evercore ISI reiterated an “outperform” rating and set a $280.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. Bank of America boosted their price objective on shares of DICK’S Sporting Goods from $240.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $215.00 target price (down previously from $250.00) on shares of DICK’S Sporting Goods in a research report on Wednesday, November 27th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.95.

DICK’S Sporting Goods Stock Performance

DICK’S Sporting Goods stock opened at $215.36 on Monday. The company has a market cap of $17.53 billion, a PE ratio of 14.85, a PEG ratio of 2.36 and a beta of 1.64. The company has a current ratio of 1.72, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48. DICK’S Sporting Goods has a 1 year low of $136.44 and a 1 year high of $239.30. The company’s 50-day moving average is $205.65 and its two-hundred day moving average is $210.92.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.07. The business had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.03 billion. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.85 earnings per share.

DICK’S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.04%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 31.45%.

Hedge Funds Weigh In On DICK’S Sporting Goods

Institutional investors and hedge funds have recently modified their holdings of the business. Janus Henderson Group PLC lifted its position in DICK’S Sporting Goods by 2.3% during the first quarter. Janus Henderson Group PLC now owns 6,948 shares of the sporting goods retailer’s stock worth $1,562,000 after purchasing an additional 153 shares during the period. Swedbank AB acquired a new position in shares of DICK’S Sporting Goods during the first quarter worth $1,670,000. Cetera Investment Advisers acquired a new stake in DICK’S Sporting Goods in the first quarter valued at $1,697,000. GAMMA Investing LLC raised its position in shares of DICK’S Sporting Goods by 18.9% during the second quarter. GAMMA Investing LLC now owns 962 shares of the sporting goods retailer’s stock worth $207,000 after acquiring an additional 153 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its holdings in DICK’S Sporting Goods by 141.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 208 shares of the sporting goods retailer’s stock worth $45,000 after purchasing an additional 122 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

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.