Telsey Advisory Group reissued their outperform rating on shares of DICK’S Sporting Goods (NYSE:DKS – Free Report) in a research report sent to investors on Tuesday,Benzinga reports. They currently have a $260.00 price target on the sporting goods retailer’s stock. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q3 2025 earnings at $2.75 EPS.
A number of other brokerages also recently issued reports on DKS. Barclays boosted their price target on DICK’S Sporting Goods from $247.00 to $254.00 and gave the company an “overweight” rating in a report on Thursday, September 5th. Wedbush restated a “neutral” rating and set a $250.00 price target on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. TD Cowen upped their target price 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. JPMorgan Chase & Co. upped their target price on DICK’S Sporting Goods from $211.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, September 9th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $235.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday, August 28th. Eight equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $244.95.
Check Out Our Latest Research Report on DICK’S Sporting Goods
DICK’S Sporting Goods Trading Up 0.7 %
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.07. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. The company had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the previous year, the business earned $2.85 EPS. DICK’S Sporting Goods’s revenue was up .5% compared to the same quarter last year. As a group, sell-side analysts forecast that DICK’S Sporting Goods will post 13.88 EPS for the current year.
DICK’S Sporting Goods Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a $1.10 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.40 annualized dividend and a yield of 2.06%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 32.28%.
Hedge Funds Weigh In On DICK’S Sporting Goods
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DKS. Renaissance Technologies LLC lifted its position in DICK’S Sporting Goods by 51.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,106,341 shares of the sporting goods retailer’s stock valued at $237,697,000 after acquiring an additional 375,600 shares in the last quarter. Holocene Advisors LP bought a new position in DICK’S Sporting Goods in the 3rd quarter valued at approximately $70,562,000. KBC Group NV lifted its position in DICK’S Sporting Goods by 887.3% in the 3rd quarter. KBC Group NV now owns 250,374 shares of the sporting goods retailer’s stock valued at $52,253,000 after acquiring an additional 225,015 shares in the last quarter. International Assets Investment Management LLC lifted its position in DICK’S Sporting Goods by 19,851.3% in the 3rd quarter. International Assets Investment Management LLC now owns 208,491 shares of the sporting goods retailer’s stock valued at $43,512,000 after acquiring an additional 207,446 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in DICK’S Sporting Goods by 1,718.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 200,000 shares of the sporting goods retailer’s stock valued at $41,740,000 after acquiring an additional 189,000 shares in the last quarter. 89.83% of the stock is owned by institutional investors.
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.
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