Q1 EPS Forecast for DICK’S Sporting Goods Reduced by Analyst

DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) – Stock analysts at Zacks Research cut their Q1 2026 earnings estimates for shares of DICK’S Sporting Goods in a research note issued to investors on Tuesday, March 25th. Zacks Research analyst R. Department now anticipates that the sporting goods retailer will post earnings of $3.21 per share for the quarter, down from their previous estimate of $3.29. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q2 2026 earnings at $4.28 EPS, Q3 2026 earnings at $2.97 EPS, Q4 2026 earnings at $3.86 EPS, FY2026 earnings at $14.32 EPS, Q1 2027 earnings at $3.47 EPS, Q2 2027 earnings at $4.73 EPS, Q4 2027 earnings at $4.17 EPS, FY2027 earnings at $15.45 EPS and FY2028 earnings at $16.32 EPS.

A number of other research analysts have also recently issued reports on the stock. Citigroup reaffirmed a “neutral” rating and issued a $220.00 target price (down from $230.00) on shares of DICK’S Sporting Goods in a report on Wednesday, March 12th. Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, March 12th. DA Davidson decreased their target price on DICK’S Sporting Goods from $280.00 to $273.00 and set a “buy” rating on the stock in a research report on Wednesday, March 12th. Robert W. Baird dropped their price target on DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating for the company in a research report on Wednesday, March 12th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $250.00 price target on shares of DICK’S Sporting Goods in a research note on Friday, March 14th. Nine research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $245.50.

View Our Latest Research Report on DKS

DICK’S Sporting Goods Stock Performance

Shares of DKS opened at $202.09 on Thursday. The company has a market capitalization of $16.47 billion, a PE ratio of 14.45, a P/E/G ratio of 2.47 and a beta of 1.53. DICK’S Sporting Goods has a 52-week low of $182.84 and a 52-week high of $254.60. The company has a 50-day simple moving average of $223.19 and a 200-day simple moving average of $216.50. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last released its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the previous year, the firm posted $3.85 EPS. The firm’s quarterly revenue was up .5% on a year-over-year basis.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors have recently made changes to their positions in DKS. Brooklyn Investment Group purchased a new stake in DICK’S Sporting Goods during the third quarter valued at about $27,000. Park Square Financial Group LLC acquired a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at about $27,000. New Wave Wealth Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth about $28,000. Ancora Advisors LLC acquired a new stake in DICK’S Sporting Goods during the 4th quarter worth approximately $28,000. Finally, Rialto Wealth Management LLC purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at approximately $30,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 completion of the sale, the chairman now directly owns 8,362,128 shares in the company, valued at approximately $1,917,017,844. The trade was a 1.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence J. Schorr sold 7,333 shares of the 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 in the company, valued at approximately $11,808,355.35. This represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 172,933 shares of company stock worth $39,655,456. 32.03% of the stock is owned by company insiders.

DICK’S Sporting Goods announced that its board has initiated a stock repurchase program on Tuesday, March 11th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the sporting goods retailer to purchase up to 18.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

DICK’S Sporting Goods Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be paid a $1.2125 dividend. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Friday, March 28th. DICK’S Sporting Goods’s dividend payout ratio is presently 34.54%.

About DICK’S Sporting Goods

(Get Free Report)

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.

Recommended Stories

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.