DICK’S Sporting Goods (NYSE:DKS) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of DICK’S Sporting Goods (NYSE:DKS) from a hold rating to a sell rating in a report released on Saturday,Wall Street Zen reports.

A number of other research analysts have also commented on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and set a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Oppenheimer decreased their target price on DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 26th. BNP Paribas Exane restated an “underperform” rating and set a $99.00 price target on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. Citigroup cut their price target on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Finally, The Goldman Sachs Group reduced their price objective on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a research report on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods has an average rating of “Hold” and an average price target of $167.20.

DICK’S Sporting Goods Trading Up 1.6%

Shares of DKS stock opened at $135.23 on Friday. DICK’S Sporting Goods has a 1 year low of $120.40 and a 1 year high of $244.38. The firm’s fifty day simple moving average is $185.44 and its 200 day simple moving average is $204.38. The firm has a market capitalization of $12.03 billion, a P/E ratio of 14.53, a price-to-earnings-growth ratio of 1.57 and a beta of 1.11. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The company had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. DICK’S Sporting Goods’s revenue for the quarter was up 53.2% on a year-over-year basis. During the same period last year, the company earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts predict that DICK’S Sporting Goods will post 11.7 EPS for the current year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a yield of 3.7%. DICK’S Sporting Goods’s payout ratio is presently 53.71%.

Insider Buying and Selling at DICK’S Sporting Goods

In related news, Director Sandeep Mathrani acquired 1,550 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were bought at an average cost of $128.89 per share, with a total value of $199,779.50. Following the completion of the acquisition, the director owned 11,136 shares of the company’s stock, valued at $1,435,319.04. This trade represents a 16.17% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert W. Eddy acquired 4,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was bought at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the purchase, the director owned 10,886 shares in the company, valued at approximately $1,400,919.34. This trade represents a 58.09% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 29,563 shares of company stock worth $3,843,882. Insiders own 28.91% of the company’s stock.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC grew its position in DICK’S Sporting Goods by 1,429.8% in the second quarter. Tidal Investments LLC now owns 40,479 shares of the sporting goods retailer’s stock valued at $9,181,000 after acquiring an additional 37,833 shares during the period. National Pension Service bought a new position in shares of DICK’S Sporting Goods during the second quarter valued at $740,000. Darsana Capital Partners LP boosted its stake in shares of DICK’S Sporting Goods by 9.1% in the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock valued at $340,215,000 after purchasing an additional 125,000 shares in the last quarter. WINTON GROUP Ltd boosted its stake in shares of DICK’S Sporting Goods by 1,573.8% in the 2nd quarter. WINTON GROUP Ltd now owns 55,167 shares of the sporting goods retailer’s stock valued at $12,512,000 after purchasing an additional 51,871 shares in the last quarter. Finally, Cidel Asset Management Inc. bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter worth about $205,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Investors traded a large volume of DKS call options, suggesting that some market participants are positioning for a rebound or seeking leveraged upside exposure. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several investor-rights law firms announced or promoted a securities class action covering shareholders who purchased DKS stock from September 8, 2025, through August 24, 2026. The lead-plaintiff deadline is November 3, 2026. These notices largely repeat the same information and do not represent a court finding of wrongdoing. Class Action Filed Alleging Investor Harm
• Negative Sentiment: The lawsuits allege investor harm related to DICK’S statements about its Foot Locker integration and the subsequent guidance reduction. One notice said DKS fell about 30% on August 25 after the company’s earnings and outlook update, highlighting the potential reputational, legal and financial risks for investors. DKS Shareholder Alert
• Negative Sentiment: Analyst sentiment deteriorated further: Zacks Research added DKS to its Rank #5 “Strong Sell” list, while BMO Capital Markets also reportedly rated the stock “Strong Sell.” Zacks reduced multiple quarterly and annual EPS forecasts, including FY2027 EPS from $14.10 to $11.49 and FY2028 EPS from $16.26 to $13.43. New Strong Sell Stocks
• Negative Sentiment: The latest forecast revisions follow DICK’S recent quarterly miss, when EPS of $3.53 came in below the $3.74 consensus and revenue of $5.59 billion trailed the $5.64 billion estimate. The company also guided to fiscal 2026 EPS of $11.00–$12.00, reinforcing concerns about earnings momentum.

About DICK’S Sporting Goods

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.