DA Davidson Equities Analysts Cut Earnings Estimates for DICK’S Sporting Goods, Inc. (NYSE:DKS)

DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) – Equities researchers at DA Davidson dropped their Q3 2025 earnings per share (EPS) estimates for DICK’S Sporting Goods in a research report issued to clients and investors on Wednesday, September 18th. DA Davidson analyst M. Baker now anticipates that the sporting goods retailer will post earnings of $2.64 per share for the quarter, down from their prior forecast of $2.67. DA Davidson currently has a “Buy” rating and a $265.00 target price on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last issued its quarterly earnings results on Wednesday, September 4th. The sporting goods retailer reported $4.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $0.60. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same period last year, the company earned $2.82 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis.

Several other research analysts have also weighed in on DKS. Morgan Stanley increased their target price on DICK’S Sporting Goods from $235.00 to $245.00 and gave the stock an “overweight” rating in a research report on Thursday, May 30th. Robert W. Baird reissued a “neutral” rating and set a $235.00 target price on shares of DICK’S Sporting Goods in a research report on Wednesday, August 28th. UBS Group lifted their price target 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. Wells Fargo & Company dropped their price objective on shares of DICK’S Sporting Goods from $230.00 to $227.00 and set an “equal weight” rating for the company in a research report on Monday, August 12th. Finally, Wedbush restated a “neutral” rating and set a $250.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. Ten research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $244.62.

Check Out Our Latest Stock Report on DKS

DICK’S Sporting Goods Price Performance

DICK’S Sporting Goods stock opened at $212.51 on Thursday. DICK’S Sporting Goods has a 1 year low of $100.98 and a 1 year high of $239.30. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.77. The firm has a 50 day moving average price of $215.70 and a 200 day moving average price of $210.01. The company has a market cap of $17.32 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 2.39 and a beta of 1.64.

DICK’S Sporting Goods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 4th. Stockholders of record on Friday, September 20th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Friday, September 20th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 36.42%.

Insider Transactions at DICK’S Sporting Goods

In related news, Director Desiree Ralls-Morrison sold 3,489 shares of the company’s stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $206.65, for a total value of $721,001.85. Following the sale, the director now directly owns 5,609 shares of the company’s stock, valued at $1,159,099.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 32.03% of the company’s stock.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of DICK’S Sporting Goods by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 5,380,645 shares of the sporting goods retailer’s stock valued at $1,209,892,000 after acquiring an additional 166,687 shares during the last quarter. Renaissance Technologies LLC increased its stake in DICK’S Sporting Goods by 51.4% during the second quarter. Renaissance Technologies LLC now owns 1,106,341 shares of the sporting goods retailer’s stock valued at $237,697,000 after purchasing an additional 375,600 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of DICK’S Sporting Goods by 15.1% during the second quarter. Dimensional Fund Advisors LP now owns 780,346 shares of the sporting goods retailer’s stock worth $167,683,000 after purchasing an additional 102,609 shares during the period. Bank of New York Mellon Corp lifted its position in shares of DICK’S Sporting Goods by 1.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 764,912 shares of the sporting goods retailer’s stock worth $164,341,000 after buying an additional 11,792 shares during the last quarter. Finally, Norges Bank bought a new position in shares of DICK’S Sporting Goods in the 4th quarter worth about $108,908,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for DICK'S Sporting Goods (NYSE:DKS)

Receive News & Ratings for DICK'S Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DICK'S Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.