DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) Director William Colombo acquired 5,000 shares of DICK’S Sporting Goods stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the completion of the acquisition, the director directly owned 178,987 shares in the company, valued at approximately $23,039,206.64. This represents a 2.87% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
DICK’S Sporting Goods Stock Up 2.5%
Shares of DKS stock traded up $3.32 on Friday, reaching $135.09. 5,340,350 shares of the stock were exchanged, compared to its average volume of 1,615,070. The company has a current ratio of 1.49, a quick ratio of 0.38 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average price is $207.21 and its 200 day moving average price is $209.57. The company has a market capitalization of $12.09 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 1.22 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a twelve month low of $120.40 and a twelve month high of $244.38.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period last year, the company earned $4.38 EPS. The business’s quarterly revenue was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts expect that DICK’S Sporting Goods, Inc. will post 13.18 earnings per share for the current fiscal year.
DICK’S Sporting Goods Dividend Announcement
Analyst Ratings Changes
Several equities research analysts recently weighed in on the company. Morgan Stanley decreased their target price on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research note on Wednesday. Bank of America dropped their price target on shares of DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday. UBS Group reduced their price objective on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday. Weiss Ratings cut shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Finally, Truist Financial downgraded shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and dropped their target price for the company from $270.00 to $135.00 in a research report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and an average price target of $170.22.
Read Our Latest Analysis on DKS
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC acquired a new position in DICK’S Sporting Goods during the first quarter worth approximately $30,000. Laurel Wealth Advisors LLC acquired a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $34,000. Elyxium Wealth LLC acquired a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $35,000. SHP Wealth Management purchased a new position in shares of DICK’S Sporting Goods during the fourth quarter worth approximately $38,000. Finally, Torren Management LLC purchased a new position in shares of DICK’S Sporting Goods during the fourth quarter worth approximately $41,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.
Key DICK’S Sporting Goods News
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Oppenheimer maintained a Buy rating on DICK’S Sporting Goods, indicating that the firm still sees meaningful upside despite the recent selloff. Oppenheimer Remains a Buy on Dick’s Sporting Goods
- Positive Sentiment: Citigroup kept a Buy rating, though it cut its price target to $190 from $280. The revised target still implies substantial potential upside based on the reference price. Citigroup Lowers DICK’S Sporting Goods Price Target
- Neutral Sentiment: Commentary from Jim Cramer and a Zacks article focused on DKS’s post-earnings outlook and dividend appeal, offering investor perspective but no clear new fundamental catalyst. Jim Cramer Remarks on DICK’S Sporting Goods DICK’S Sporting Goods Could Be a Great Choice
- Negative Sentiment: DICK’S reported quarterly EPS of $3.53 versus the $3.74 consensus estimate, while revenue of $5.59 billion also missed expectations. EPS declined from $4.38 a year earlier, despite strong reported revenue growth, raising concerns about profitability and guidance.
- Negative Sentiment: Telsey downgraded DKS to Market Perform and slashed its target to $145 from $255. Bank of America reduced its target to $200, while BTIG and DA Davidson issued pessimistic forecasts, reinforcing concerns about the earnings outlook. Analyst Target Changes
- Negative Sentiment: Several law firms—including Levi & Korsinsky, Block & Leviton, BFA Law, Pomerantz, and Kaplan Fox—announced investigations into potential securities-law violations. These announcements are typically investor solicitations and do not establish wrongdoing, but they add headline and litigation risk. DKS Investor Alert
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.
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