Zacks Research Issues Negative Estimate for DKS Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Analysts at Zacks Research dropped their Q1 2026 EPS estimates for DICK’S Sporting Goods in a research report issued on Tuesday, March 25th. Zacks Research analyst R. Department now expects that the sporting goods retailer will post earnings of $3.21 per share for the quarter, down from their previous 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.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data 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. The firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.76 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm earned $3.85 earnings per share.

DKS has been the topic of several other reports. Morgan Stanley increased their target price on DICK’S Sporting Goods from $245.00 to $255.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Stifel Nicolaus cut their price objective 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. Citigroup reiterated a “neutral” rating and set a $220.00 price objective (down from $230.00) on shares of DICK’S Sporting Goods in a research note on Wednesday, March 12th. TD Cowen boosted their price target on DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a report on Wednesday, January 8th. Finally, Truist Financial set a $245.00 target price on shares of DICK’S Sporting Goods in a report on Tuesday, March 11th. 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $245.50.

DICK’S Sporting Goods Price Performance

Shares of NYSE DKS opened at $210.14 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. DICK’S Sporting Goods has a 52 week low of $182.84 and a 52 week high of $254.60. The company’s 50-day moving average price is $223.71 and its 200 day moving average price is $216.54. The stock has a market cap of $17.12 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 2.47 and a beta of 1.53.

DICK’S Sporting Goods declared that its board has authorized a stock 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 stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

DICK’S Sporting Goods Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be paid a dividend of $1.2125 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $4.85 annualized dividend and a yield of 2.31%. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 34.54%.

Insider Buying and Selling

In related news, Director Lawrence J. Schorr sold 7,333 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total transaction of $1,697,956.15. Following the completion of the sale, the director now directly owns 50,997 shares in the company, valued at approximately $11,808,355.35. This trade represents a 12.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $227.99, for a total value of $1,139,950.00. Following the completion of the transaction, the executive vice president now directly owns 16,504 shares in the company, 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 valued at $39,655,456 over the last three months. Company insiders own 32.03% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several hedge funds have recently modified their holdings of the stock. Wealthfront Advisers LLC acquired a new stake in DICK’S Sporting Goods during the 4th quarter worth about $1,893,210,000. State Street Corp increased its position in shares of DICK’S Sporting Goods by 1.2% in the third quarter. State Street Corp now owns 2,259,133 shares of the sporting goods retailer’s stock worth $473,945,000 after acquiring an additional 27,155 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of DICK’S Sporting Goods by 4.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,866,177 shares of the sporting goods retailer’s stock worth $427,056,000 after acquiring an additional 77,357 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of DICK’S Sporting Goods by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 1,057,793 shares of the sporting goods retailer’s stock valued at $241,660,000 after acquiring an additional 15,011 shares during the period. Finally, Norges Bank purchased a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at approximately $221,693,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

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.