DICK’S Sporting Goods (NYSE:DKS – Get Free Report) updated its FY26 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $13.80-14.40 for the period, compared to the consensus estimate of $14.85. The company issued revenue guidance of $13.6-13.9 billion, compared to the consensus revenue estimate of $13.90 billion. DICK’S Sporting Goods also updated its FY 2025 guidance to 13.800-14.400 EPS.
Wall Street Analyst Weigh In
DKS has been the topic of several research analyst reports. Loop Capital increased their price target on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a research report on Wednesday, November 27th. Argus increased their target price on DICK’S Sporting Goods from $255.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Telsey Advisory Group reissued an “outperform” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research report on Friday. Morgan Stanley lifted their price objective on shares of DICK’S Sporting Goods from $245.00 to $255.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Finally, TD Cowen increased their target price on shares of DICK’S Sporting Goods from $270.00 to $294.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, DICK’S Sporting Goods has a consensus rating of “Moderate Buy” and a consensus price target of $248.09.
Check Out Our Latest Stock Analysis on DKS
DICK’S Sporting Goods Stock Performance
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.15. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The firm had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter in the previous year, the company earned $3.85 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. As a group, sell-side analysts forecast that DICK’S Sporting Goods will post 13.89 earnings per share for the current fiscal year.
DICK’S Sporting Goods Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be paid a $1.2125 dividend. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. This represents a $4.85 dividend on an annualized basis and a yield of 2.29%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 31.45%.
Insiders Place Their Bets
In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 5,000 shares of DICK’S Sporting Goods stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $227.99, for a total transaction of $1,139,950.00. Following the transaction, the executive vice president now owns 16,504 shares of the company’s stock, valued at $3,762,746.96. The trade was a 23.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Edward W. Stack sold 160,600 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $229.25, for a total value of $36,817,550.00. Following the completion of the transaction, the chairman now owns 8,362,128 shares in the company, valued at $1,917,017,844. This represents a 1.88 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 172,933 shares of company stock worth $39,655,456. Corporate insiders own 32.03% of the company’s stock.
DICK’S Sporting Goods Company Profile
Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.
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