Wedbush Lifts Earnings Estimates for DICK’S Sporting Goods

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Wedbush upped their FY2025 earnings per share (EPS) estimates for DICK’S Sporting Goods in a research note issued to investors on Thursday, March 6th. Wedbush analyst S. Basham now anticipates that the sporting goods retailer will post earnings per share of $14.07 for the year, up from their previous estimate of $13.78. Wedbush currently has a “Neutral” rating and a $215.00 target price on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Wedbush also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.64 EPS, Q4 2026 earnings at $3.93 EPS and FY2027 earnings at $15.91 EPS.

Other analysts have also recently issued reports about the company. Truist Financial raised their price target on DICK’S Sporting Goods from $256.00 to $258.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. TD Cowen raised their price objective on DICK’S Sporting Goods from $270.00 to $294.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. UBS Group raised DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $225.00 to $260.00 in a report on Wednesday, November 27th. Loop Capital raised their price objective on DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “hold” rating in a report on Wednesday, November 27th. Finally, Morgan Stanley raised their price objective on DICK’S Sporting Goods from $245.00 to $255.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Eight research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $248.09.

DICK’S Sporting Goods Stock Down 5.6 %

DICK’S Sporting Goods stock opened at $199.20 on Monday. DICK’S Sporting Goods has a 1-year low of $180.80 and a 1-year high of $254.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.72 and a quick ratio of 0.56. The stock has a market cap of $16.23 billion, a PE ratio of 14.24, a P/E/G ratio of 2.47 and a beta of 1.53. The stock’s fifty day moving average is $230.77 and its two-hundred day moving average is $218.94.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period last year, the firm earned $3.85 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be given a dividend of $1.2125 per share. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.43%. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 31.45%.

DICK’S Sporting Goods declared that its Board of Directors has authorized a stock buyback plan on Tuesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the sporting goods retailer to repurchase up to 18.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Insider Activity

In related news, EVP Julie Lodge-Jarrett sold 5,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 16,504 shares in the company, valued at $3,762,746.96. The trade was a 23.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lawrence J. Schorr sold 7,333 shares of DICK’S Sporting Goods stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total value of $1,697,956.15. Following the transaction, the director now owns 50,997 shares of the company’s stock, valued at $11,808,355.35. This represents a 12.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 172,933 shares of company stock worth $39,655,456. Company insiders own 32.03% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Greenleaf Trust raised its position in shares of DICK’S Sporting Goods by 3.0% during the 4th quarter. Greenleaf Trust now owns 1,721 shares of the sporting goods retailer’s stock worth $394,000 after purchasing an additional 50 shares during the last quarter. Independent Advisor Alliance raised its position in shares of DICK’S Sporting Goods by 5.4% during the 4th quarter. Independent Advisor Alliance now owns 1,026 shares of the sporting goods retailer’s stock worth $235,000 after purchasing an additional 53 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of DICK’S Sporting Goods by 1.7% during the 3rd quarter. CIBC Asset Management Inc now owns 3,232 shares of the sporting goods retailer’s stock worth $675,000 after purchasing an additional 54 shares during the last quarter. Atria Wealth Solutions Inc. raised its position in shares of DICK’S Sporting Goods by 2.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 2,521 shares of the sporting goods retailer’s stock worth $577,000 after purchasing an additional 54 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in DICK’S Sporting Goods by 5.9% in the 4th quarter. EP Wealth Advisors LLC now owns 1,016 shares of the sporting goods retailer’s stock valued at $232,000 after acquiring an additional 57 shares during 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, 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.