DA Davidson Has Negative Outlook for DKS FY2026 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Investment analysts at DA Davidson cut their FY2026 earnings estimates for shares of DICK’S Sporting Goods in a report issued on Wednesday, November 27th. DA Davidson analyst M. Baker now expects that the sporting goods retailer will post earnings per share of $14.49 for the year, down from their prior forecast 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.

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

A number of other research analysts have also recently commented on DKS. Truist Financial upped their price objective on DICK’S Sporting Goods from $256.00 to $258.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. UBS Group upgraded DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and upped their price objective for the company from $225.00 to $260.00 in a report on Wednesday, November 27th. Wedbush reiterated a “neutral” rating and issued a $215.00 price objective (down from $250.00) on shares of DICK’S Sporting Goods in a report on Wednesday, November 27th. Barclays upped their price objective 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. Finally, Evercore ISI reiterated an “outperform” rating and issued a $280.00 price objective on shares of DICK’S Sporting Goods in a report on Thursday, September 5th. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, DICK’S Sporting Goods has an average rating of “Moderate Buy” and a consensus price target of $244.95.

DICK’S Sporting Goods Trading Down 3.0 %

DKS opened at $207.24 on Monday. DICK’S Sporting Goods has a one year low of $126.24 and a one year high of $239.30. The stock has a market capitalization of $16.87 billion, a PE ratio of 14.81, a P/E/G ratio of 2.36 and a beta of 1.64. The business’s 50 day moving average price is $205.65 and its 200 day moving average price is $210.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.69 and a current ratio of 1.72.

Institutional Trading of DICK’S Sporting Goods

A number of large investors have recently modified their holdings of DKS. Janus Henderson Group PLC increased its position in shares of 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 acquiring an additional 153 shares during the period. Swedbank AB purchased a new position in DICK’S Sporting Goods in the first quarter valued at $1,670,000. Cetera Investment Advisers purchased a new position in DICK’S Sporting Goods in the first quarter valued at $1,697,000. GAMMA Investing LLC increased its holdings in DICK’S Sporting Goods by 18.9% in the second quarter. GAMMA Investing LLC now owns 962 shares of the sporting goods retailer’s stock valued at $207,000 after buying an additional 153 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its holdings in DICK’S Sporting Goods by 141.9% in the second quarter. Massmutual Trust Co. FSB ADV now owns 208 shares of the sporting goods retailer’s stock valued at $45,000 after buying an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Friday, December 13th. DICK’S Sporting Goods’s dividend payout ratio is currently 31.45%.

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.