Wedbush Expects Lower Earnings for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at Wedbush reduced their Q1 2026 earnings per share (EPS) estimates for DICK’S Sporting Goods in a report released on Wednesday, March 12th. Wedbush analyst S. Basham now anticipates that the sporting goods retailer will earn $3.22 per share for the quarter, down from their previous forecast of $3.34. Wedbush currently has a “Neutral” rating and a $215.00 target price on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Wedbush also issued estimates for DICK’S Sporting Goods’ Q2 2026 earnings at $4.36 EPS, Q4 2026 earnings at $3.80 EPS, FY2026 earnings at $14.42 EPS and FY2027 earnings at $15.55 EPS.

Other analysts also recently issued research reports about the company. UBS Group raised DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and lifted their target price for the company from $225.00 to $260.00 in a research report on Wednesday, November 27th. TD Cowen upped their price objective on DICK’S Sporting Goods from $270.00 to $294.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Telsey Advisory Group reissued an “outperform” rating and issued a $250.00 target price on shares of DICK’S Sporting Goods in a research note on Friday. Stifel Nicolaus lowered their target price on shares of DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating on the stock in a report on Wednesday, March 12th. Finally, Truist Financial set a $245.00 price target on shares of DICK’S Sporting Goods in a research note on Tuesday, March 11th. Nine equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.50.

DICK’S Sporting Goods Stock Up 1.6 %

DICK’S Sporting Goods stock opened at $197.60 on Monday. The company has a current ratio of 1.72, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. DICK’S Sporting Goods has a 1-year low of $182.84 and a 1-year high of $254.60. The company has a fifty day simple moving average of $227.97 and a 200 day simple moving average of $217.75. The company has a market cap of $16.10 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share for the quarter, topping 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 firm posted $3.85 EPS. The business’s revenue was up .5% on a year-over-year basis.

Institutional Trading of DICK’S Sporting Goods

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

Insider Activity at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total value of $36,817,550.00. Following the completion of the transaction, the chairman now directly owns 8,362,128 shares of the company’s stock, valued at $1,917,017,844. The trade was a 1.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lawrence J. Schorr sold 7,333 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total value of $1,697,956.15. Following the sale, the director now owns 50,997 shares of the company’s stock, valued at approximately $11,808,355.35. The trade was a 12.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 172,933 shares of company stock worth $39,655,456 in the last ninety days. 32.03% of the stock is owned by company insiders.

DICK’S Sporting Goods declared that its Board of Directors has approved 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 stock through open market purchases. Stock repurchase plans are often a sign that the company’s board 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. Investors of record on Friday, March 28th will be issued a dividend of $1.2125 per share. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Friday, March 28th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 34.54%.

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.