DICK’S Sporting Goods, Inc. (DKS) To Go Ex-Dividend on March 27th

DICK’S Sporting Goods, Inc. (NYSE:DKS) announced a quarterly dividend on Wednesday, March 11th. Investors of record on Friday, March 27th will be paid a dividend of 1.25 per share by the sporting goods retailer on Friday, April 10th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, March 27th. This is a 3.1% increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21.

DICK’S Sporting Goods has increased its dividend by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 11 consecutive years. DICK’S Sporting Goods has a dividend payout ratio of 33.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect DICK’S Sporting Goods to earn $14.79 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 33.8%.

DICK’S Sporting Goods Trading Up 0.6%

Shares of DICK’S Sporting Goods stock opened at $193.61 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.53 and a quick ratio of 0.47. DICK’S Sporting Goods has a 1 year low of $166.37 and a 1 year high of $237.31. The firm has a market cap of $17.42 billion, a PE ratio of 18.94, a PEG ratio of 2.74 and a beta of 1.23. The company has a 50 day simple moving average of $202.76 and a two-hundred day simple moving average of $212.88.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $6.23 billion for the quarter, compared to analyst estimates of $6.06 billion. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The business’s revenue for the quarter was up 59.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.62 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Analysts expect that DICK’S Sporting Goods will post 13.89 earnings per share for the current fiscal year.

DICK’S Sporting Goods Company Profile

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.