DICK’S Sporting Goods (NYSE:DKS) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of DICK’S Sporting Goods (NYSE:DKS) to a strong sell rating in a report published on Tuesday,Zacks reports.

A number of other analysts also recently commented on DKS. Jefferies Financial Group set a $171.00 price target on DICK’S Sporting Goods in a research report on Tuesday, August 25th. Morgan Stanley cut their price objective on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Wells Fargo & Company reduced their price objective on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday, August 25th. Barclays decreased their target price on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, August 26th. Finally, Loop Capital reiterated a “hold” rating and set a $140.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $167.20.

DICK’S Sporting Goods Trading Down 0.0%

Shares of DKS stock opened at $133.30 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. The company has a market capitalization of $11.93 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 1.55 and a beta of 1.11. DICK’S Sporting Goods has a 52-week low of $120.40 and a 52-week high of $244.38. The company has a 50-day simple moving average of $187.46 and a two-hundred day simple moving average of $204.87.

DICK’S Sporting Goods (NYSE:DKS) 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 return on equity of 19.21% and a net margin of 3.97%.The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the prior year, the business earned $4.38 EPS. DICK’S Sporting Goods’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. Research analysts anticipate that DICK’S Sporting Goods will post 11.7 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is currently 53.71%.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Director Robert Eddy bought 4,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was purchased at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the transaction, the director directly owned 10,886 shares of the company’s stock, valued at $1,400,919.34. This trade represents a 58.09% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director William Colombo purchased 913 shares of the stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average cost of $133.19 per share, for a total transaction of $121,602.47. Following the transaction, the director owned 181,000 shares of the company’s stock, valued at approximately $24,107,390. This trade represents a 0.51% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 29,563 shares of company stock valued at $3,843,882 in the last three months. 28.91% of the stock is owned by company insiders.

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System grew its holdings in DICK’S Sporting Goods by 20,961.0% during the 2nd quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after buying an additional 15,802,896 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of DICK’S Sporting Goods in the second quarter worth about $1,501,321,000. Bank of America Corp DE bought a new position in shares of DICK’S Sporting Goods in the second quarter valued at approximately $1,024,000,000. Viking Global Investors LP purchased a new position in DICK’S Sporting Goods during the fourth quarter valued at approximately $509,371,000. Finally, Norges Bank purchased a new position in DICK’S Sporting Goods during the fourth quarter valued at approximately $192,639,000. Institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: Traders purchased a large volume of DKS call options, indicating some investors are positioning for a potential rebound despite the recent weakness. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reminded shareholders that November 3, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering investors who purchased DKS shares between September 8, 2025 and August 24, 2026. These notices repeat the same lawsuit and do not represent new operating developments. ROSEN securities class action notice
• Negative Sentiment: The securities lawsuit alleges that DICK’S and certain executives violated federal securities laws in connection with statements about the Foot Locker integration. Investor alerts say the case followed an August guidance cut that was associated with a reported $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, reputational and potential financial risks. DKS shareholder alert and class action details
• Negative Sentiment: Zacks Research lowered its EPS forecasts across fiscal 2027 through fiscal 2029, including fiscal 2027 EPS from $14.10 to $11.49 and fiscal 2028 EPS from $16.26 to $13.43. Zacks maintains a “Strong Sell” rating, reinforcing concerns about DICK’S longer-term earnings outlook.
• Negative Sentiment: The pressure follows DICK’S latest quarterly results, which missed analysts’ EPS and revenue expectations, while quarterly EPS declined year over year despite revenue growth driven partly by the Foot Locker acquisition.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.

The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.