Q1 Earnings Forecast for DKS Issued By DA Davidson

DICK’S Sporting Goods, Inc. (NYSE:DKS) – DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for shares of DICK’S Sporting Goods in a research note issued on Wednesday, March 12th. DA Davidson analyst M. Baker anticipates that the sporting goods retailer will earn $3.27 per share for the quarter. DA Davidson has a “Buy” rating and a $273.00 price target on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. DA Davidson also issued estimates for DICK’S Sporting Goods’ FY2027 earnings at $15.15 EPS.

Other equities research analysts have also issued reports about the company. Citigroup reaffirmed a “neutral” rating and set a $220.00 target price (down from $230.00) on shares of DICK’S Sporting Goods in a research report on Wednesday. UBS Group upgraded DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and increased their price target for the stock from $225.00 to $260.00 in a research note on Wednesday, November 27th. TD Cowen increased their price target 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. Wedbush restated a “neutral” rating and issued a $215.00 target price on shares of DICK’S Sporting Goods in a research note on Wednesday. Finally, Robert W. Baird cut their target price on DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating for the company in a research note on Wednesday. Nine analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, DICK’S Sporting Goods has a consensus rating of “Moderate Buy” and a consensus target price of $245.57.

DICK’S Sporting Goods Trading Up 4.4 %

Shares of DICK’S Sporting Goods stock opened at $194.74 on Thursday. DICK’S Sporting Goods has a 1 year low of $182.84 and a 1 year high of $254.60. The firm has a market cap of $15.87 billion, a PE ratio of 13.92, a P/E/G ratio of 2.47 and a beta of 1.53. The stock has a fifty day moving average price of $228.59 and a 200-day moving average price of $218.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.72 and a quick ratio of 0.56.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $3.76 billion. During the same period last year, the firm posted $3.85 EPS. The business’s revenue was up .5% compared to the same quarter last year.

Hedge Funds Weigh In On DICK’S Sporting Goods

Several hedge funds have recently made changes to their positions in the business. Greenleaf Trust increased its stake in shares of DICK’S Sporting Goods by 3.0% during the fourth quarter. Greenleaf Trust now owns 1,721 shares of the sporting goods retailer’s stock valued at $394,000 after buying an additional 50 shares during the period. Independent Advisor Alliance boosted its position in shares of DICK’S Sporting Goods by 5.4% during the fourth quarter. Independent Advisor Alliance now owns 1,026 shares of the sporting goods retailer’s stock valued at $235,000 after purchasing an additional 53 shares in the last quarter. CIBC Asset Management Inc boosted its position in shares of DICK’S Sporting Goods by 1.7% during the third quarter. CIBC Asset Management Inc now owns 3,232 shares of the sporting goods retailer’s stock valued at $675,000 after purchasing an additional 54 shares in the last quarter. Atria Wealth Solutions Inc. boosted its position in shares of DICK’S Sporting Goods by 2.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 2,521 shares of the sporting goods retailer’s stock valued at $577,000 after purchasing an additional 54 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its position in shares of DICK’S Sporting Goods by 5.9% during the fourth quarter. EP Wealth Advisors LLC now owns 1,016 shares of the sporting goods retailer’s stock valued at $232,000 after purchasing an additional 57 shares in the last quarter. 89.83% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Lawrence J. Schorr sold 7,333 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total transaction of $1,697,956.15. Following the transaction, the director now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Edward W. Stack sold 160,600 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $229.25, for a total value of $36,817,550.00. Following the transaction, the chairman now directly owns 8,362,128 shares in the company, valued at $1,917,017,844. This trade represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 172,933 shares of company stock valued at $39,655,456 in the last ninety days. Company insiders own 32.03% of the company’s stock.

DICK’S Sporting Goods announced that its board has authorized a stock buyback plan 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 purchase up to 18.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a $1.2125 dividend. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend is Friday, March 28th. DICK’S Sporting Goods’s payout ratio is 31.45%.

About DICK’S Sporting Goods

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.