DICK’S Sporting Goods, Inc. (NYSE:DKS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) have earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, thirteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $253.8889.

A number of research analysts recently issued reports on the stock. Telsey Advisory Group boosted their target price on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. Wells Fargo & Company reiterated a “positive” rating on shares of DICK’S Sporting Goods in a research report on Thursday. Morgan Stanley upped their price objective on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday. Truist Financial upped their price target on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, DA Davidson restated a “buy” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research report on Thursday.

Key DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: DICK’S reported strong Q1 performance, with revenue beating expectations and comparable sales rising 6%, suggesting the core business remains healthy. DICK’S Sporting Goods, Inc. Reports First Quarter Results
• Positive Sentiment: Foot Locker posted its first positive sales growth in nearly three years, easing concerns about the acquisition and signaling the turnaround may be gaining traction. Dick’s Sporting Goods reports first positive sales at Foot Locker in nearly three years
• Positive Sentiment: Several Wall Street firms turned more constructive on DKS, including JPMorgan’s upgrade to overweight and higher price targets from BTIG and DA Davidson, reflecting confidence in the growth story. JPMorgan upgrade coverage
• Neutral Sentiment: The company raised its sales outlook but trimmed full-year profit guidance, indicating that Foot Locker integration costs are pressuring margins even as revenue trends improve. Dick’s Sporting Goods trims profit outlook as Foot Locker overhaul pressures margins
• Neutral Sentiment: Analysts remain mixed on the stock: some see upside from the Foot Locker strategy, while others note the near-term earnings and margin risk from the turnaround effort. DKS Stock In Focus: Wall Street Sees Promise And Risks In Dick’s Sporting, Foot Locker Strategy
• Negative Sentiment: Q1 earnings came in slightly below expectations, and the lower full-year EPS outlook appears to be the main reason some investors are cautious despite the sales beat. Dick’s Sporting Goods shares slide as it cuts full-year profit outlook

DICK’S Sporting Goods Price Performance

NYSE DKS opened at $226.53 on Friday. The firm has a market capitalization of $20.17 billion, a P/E ratio of 21.53, a P/E/G ratio of 3.12 and a beta of 1.21. The company has a current ratio of 1.50, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK’S Sporting Goods has a 12-month low of $170.73 and a 12-month high of $237.75. The firm’s fifty day simple moving average is $212.92 and its two-hundred day simple moving average is $209.71.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 23.41%. DICK’S Sporting Goods’s quarterly revenue was up 62.7% compared to the same quarter last year. During the same period last year, the firm earned $3.37 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Analysts forecast that DICK’S Sporting Goods will post 14.25 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is 48.92%.

Insider Activity

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the completion of the sale, the executive vice president owned 24,757 shares in the company, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman owned 6,549,026 shares of the company’s stock, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 28.91% of the stock is currently owned by corporate insiders.

Institutional Trading of DICK’S Sporting Goods

A number of hedge funds have recently bought and sold shares of DKS. Clearstead Advisors LLC raised its position in shares of DICK’S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after buying an additional 46 shares in the last quarter. Lido Advisors LLC boosted its holdings in shares of DICK’S Sporting Goods by 3.9% in the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after acquiring an additional 51 shares in the last quarter. Jacobi Capital Management LLC boosted its holdings in shares of DICK’S Sporting Goods by 4.5% in the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock valued at $235,000 after acquiring an additional 51 shares in the last quarter. Bath Savings Trust Co boosted its holdings in shares of DICK’S Sporting Goods by 0.4% in the fourth quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock valued at $2,448,000 after acquiring an additional 53 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in shares of DICK’S Sporting Goods by 0.3% in the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock valued at $3,258,000 after acquiring an additional 54 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.