DICK’S Sporting Goods (NYSE:DKS) Given “Outperform” Rating at Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of DICK’S Sporting Goods (NYSE:DKS) in a research report sent to investors on Friday,Benzinga reports. They currently have a $250.00 price objective on the sporting goods retailer’s stock. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q1 2026 earnings at $3.23 EPS, Q2 2026 earnings at $4.37 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $3.89 EPS, FY2026 earnings at $14.40 EPS and FY2027 earnings at $15.48 EPS.

A number of other equities analysts have also weighed in on the company. Argus upped their target price on DICK’S Sporting Goods from $255.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. Loop Capital lowered their price objective on shares of DICK’S Sporting Goods from $240.00 to $195.00 and set a “hold” rating on the stock in a report on Thursday. Truist Financial set a $245.00 price objective on shares of DICK’S Sporting Goods in a report on Tuesday. TD Cowen boosted 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 research report on Wednesday, January 8th. Finally, Citigroup reaffirmed a “neutral” rating and issued a $220.00 price target (down previously from $230.00) on shares of DICK’S Sporting Goods in a research report on Wednesday. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.57.

DICK’S Sporting Goods Stock Performance

Shares of DKS stock opened at $194.74 on Friday. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. DICK’S Sporting Goods has a 52 week low of $182.84 and a 52 week high of $254.60. The firm has a 50 day moving average of $228.59 and a 200-day moving average of $218.26. The company has a market cap of $15.87 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.15. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The business had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same period last year, the company posted $3.85 earnings per share. The business’s quarterly revenue was up .5% on a year-over-year basis. On average, equities analysts forecast that DICK’S Sporting Goods will post 13.89 earnings per share for the current year.

DICK’S Sporting Goods announced that its board has approved a share repurchase program on Tuesday, March 11th that authorizes the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization authorizes the sporting goods retailer to buy up to 18.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

DICK’S Sporting Goods Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a $1.2125 dividend. This represents a $4.85 dividend on an annualized basis and a yield of 2.49%. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Friday, March 28th. DICK’S Sporting Goods’s payout ratio is presently 31.45%.

Insider Activity at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 5,000 shares of the business’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $227.99, for a total value of $1,139,950.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Edward W. Stack sold 160,600 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total value of $36,817,550.00. Following the transaction, the chairman now owns 8,362,128 shares of the company’s stock, valued at $1,917,017,844. The trade was a 1.88 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 172,933 shares of company stock worth $39,655,456. Insiders own 32.03% of the company’s stock.

Institutional Trading of DICK’S Sporting Goods

Several hedge funds and other institutional investors have recently modified their holdings of the business. Brooklyn Investment Group purchased a new position in DICK’S Sporting Goods in the 3rd quarter valued at approximately $27,000. Park Square Financial Group LLC bought a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $27,000. New Wave Wealth Advisors LLC purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter valued at $28,000. Ancora Advisors LLC purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter valued at $28,000. Finally, Rialto Wealth Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $30,000. Institutional investors own 89.83% 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.