DICK’S Sporting Goods (NYSE:DKS – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 13.500-14.500 for the period, compared to the consensus EPS estimate of 14.540. The company issued revenue guidance of $22.1 billion-$22.4 billion, compared to the consensus revenue estimate of $22.1 billion.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on DKS. JPMorgan Chase & Co. raised their price target on shares of DICK’S Sporting Goods from $228.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Weiss Ratings raised shares of DICK’S Sporting Goods from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 7th. Robert W. Baird set a $253.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday, February 11th. Barclays reaffirmed an “overweight” rating on shares of DICK’S Sporting Goods in a report on Thursday. Finally, Jefferies Financial Group lifted their target price on shares of DICK’S Sporting Goods from $210.00 to $224.00 and gave the company a “hold” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and an average price target of $248.50.
Check Out Our Latest Stock Report on DKS
DICK’S Sporting Goods Price Performance
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.01). The firm 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 4.93% and a return on equity of 27.12%. DICK’S Sporting Goods’s revenue for the quarter 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. Equities research analysts forecast that DICK’S Sporting Goods will post 14.28 EPS for the current 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 paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 48.92%.
Insiders Place Their Bets
In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods stock in a transaction on Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the sale, the executive vice president owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. This trade represents a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction on 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 directly owned 6,549,026 shares in the company, valued at $1,294,676,949.94. This represents a 3.11% decrease in their position. The SEC filing for this sale provides additional information. 28.91% of the stock is currently owned by company insiders.
Key DICK’S Sporting Goods News
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Q1 revenue beat estimates at $5.16 billion and comparable sales rose 6.0%, showing solid underlying demand. DICK’S Sporting Goods, Inc. Reports First Quarter Results
- Positive Sentiment: Management lifted the low end of its comparable sales outlook for both the DICK’S and Foot Locker businesses, signaling confidence in momentum heading into the rest of the year. DKS Lifts Its Comps Outlook During Q1 Earnings Call on Core Strength
- Positive Sentiment: Jefferies raised its price target to $224 from $210, implying some upside from the recent trading level, even while keeping a Hold rating. Jefferies price target update
- Positive Sentiment: The company announced a quarterly dividend of $1.25 per share, which can support investor sentiment around capital returns. Dividend announcement
- Neutral Sentiment: Foot Locker’s turnaround is gaining traction, with Fast Break remodels reportedly driving double-digit comps, but the acquisition is also adding complexity to the earnings picture. Foot Locker returns to growth but weighs on Dick’s Sporting Goods as earnings miss
- Negative Sentiment: Adjusted EPS of $2.90 missed the $2.91 consensus estimate, and full-year GAAP EPS guidance was cut to $13.27-$14.27 from $13.70-$14.70, which is likely weighing on the stock. DICK’S Sporting Goods, Inc. Reports First Quarter Results
Institutional Investors Weigh In On DICK’S Sporting Goods
Institutional investors have recently bought and sold shares of the company. Jacobi Capital Management LLC grew its holdings in shares of DICK’S Sporting Goods by 4.5% during the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after buying an additional 51 shares in the last quarter. UniSuper Management Pty Ltd grew its holdings in shares of DICK’S Sporting Goods by 40.0% during the fourth quarter. UniSuper Management Pty Ltd now owns 1,400 shares of the sporting goods retailer’s stock worth $277,000 after buying an additional 400 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of DICK’S Sporting Goods during the third quarter worth $258,000. NorthRock Partners LLC purchased a new stake in shares of DICK’S Sporting Goods during the third quarter worth $246,000. Finally, Kestra Investment Management LLC grew its holdings in shares of DICK’S Sporting Goods by 27,760.0% during the second quarter. Kestra Investment Management LLC now owns 1,393 shares of the sporting goods retailer’s stock worth $276,000 after buying an additional 1,388 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.
About DICK’S Sporting Goods
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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