DICK’S Sporting Goods (NYSE:DKS) Receives Outperform Rating from Telsey Advisory Group

DICK’S Sporting Goods (NYSE:DKS)‘s stock had its “outperform” rating reiterated by Telsey Advisory Group in a note issued to investors on Friday,Benzinga reports. They presently have a $250.00 price target on the sporting goods retailer’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 28.38% from the company’s previous close. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q1 2026 earnings at $3.23 EPS, Q2 2026 earnings at $4.37 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $3.89 EPS, FY2026 earnings at $14.40 EPS and FY2027 earnings at $15.48 EPS.

DKS has been the subject of several other reports. Stifel Nicolaus cut their price target on shares of DICK’S Sporting Goods from $240.00 to $226.00 and set a “hold” rating for the company in a report on Wednesday. Argus increased their price target on shares of DICK’S Sporting Goods from $255.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Loop Capital cut their price target on shares of DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating for the company in a report on Thursday. TD Cowen upped their target price on shares of DICK’S Sporting Goods from $270.00 to $294.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Finally, Wedbush restated a “neutral” rating and set a $215.00 target price on shares of DICK’S Sporting Goods in a research report on Wednesday. Nine investment 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $245.50.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $194.74 on Friday. 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 has a 1 year low of $182.84 and a 1 year high of $254.60. The company has a market capitalization 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 company has a fifty day moving average of $228.59 and a two-hundred day moving average of $218.14.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results 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. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The business had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the prior year, the company earned $3.85 earnings per share. The business’s revenue was up .5% compared to the same quarter last year. As a group, analysts expect that DICK’S Sporting Goods will post 13.89 earnings per share for the current year.

DICK’S Sporting Goods declared that its Board of Directors has authorized a stock buyback program on Tuesday, March 11th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the sporting goods retailer to purchase up to 18.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Lawrence J. Schorr sold 7,333 shares of DICK’S Sporting Goods stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total value of $1,697,956.15. Following the sale, the director now directly owns 50,997 shares in the company, valued at $11,808,355.35. This trade represents a 12.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $229.25, for a total transaction of $36,817,550.00. Following the completion of the sale, the chairman now owns 8,362,128 shares in the company, valued at approximately $1,917,017,844. This represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 172,933 shares of company stock valued at $39,655,456 in the last ninety days. Corporate insiders own 32.03% of the company’s stock.

Institutional Trading of DICK’S Sporting Goods

Several hedge funds have recently bought and sold shares of DKS. Brooklyn Investment Group bought a new stake in DICK’S Sporting Goods in the 3rd quarter valued at about $27,000. Park Square Financial Group LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth about $27,000. New Wave Wealth Advisors LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth about $28,000. Ancora Advisors LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth about $28,000. Finally, Rialto Wealth Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth about $30,000. 89.83% of the stock is currently owned by institutional investors.

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.