DICK’S Sporting Goods (NYSE:DKS) Issues FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 13.500-14.500 for the period, compared to the consensus EPS estimate of 14.540. The company issued revenue guidance of $22.1 billion-$22.4 billion, compared to the consensus revenue estimate of $22.1 billion.

DICK’S Sporting Goods Price Performance

NYSE:DKS opened at $235.40 on Wednesday. The business’s 50-day moving average price is $211.59 and its 200 day moving average price is $209.65. The firm has a market cap of $20.96 billion, a P/E ratio of 23.03, a PEG ratio of 3.29 and a beta of 1.21. DICK’S Sporting Goods has a 52-week low of $168.79 and a 52-week high of $237.75. The company has a quick ratio of 0.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.03. The company had revenue of $5.16 billion for the quarter, compared to analyst estimates of $5.07 billion. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, sell-side analysts predict that DICK’S Sporting Goods will post 14.25 earnings per share for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were paid a $1.25 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $5.00 dividend on an annualized basis and a yield of 2.1%. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 48.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DKS shares. BTIG Research reissued a “buy” rating and issued a $300.00 price target on shares of DICK’S Sporting Goods in a research note on Wednesday, May 13th. Robert W. Baird set a $253.00 price target on shares of DICK’S Sporting Goods in a research report on Wednesday, February 11th. JPMorgan Chase & Co. upped their price target on shares of DICK’S Sporting Goods from $228.00 to $240.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Truist Financial reduced their price target on shares of DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Finally, Morgan Stanley reduced their price target on shares of DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.72.

Insider Activity

In other DICK’S Sporting Goods news, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the transaction, the chairman owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods stock in a transaction on Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 28.91% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several large investors have recently made changes to their positions in DKS. Measured Wealth Private Client Group LLC bought a new stake in shares of DICK’S Sporting Goods in the 3rd quarter valued at approximately $48,000. Los Angeles Capital Management LLC bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at approximately $49,000. Summit Securities Group LLC bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at approximately $60,000. UMB Bank n.a. grew its stake in shares of DICK’S Sporting Goods by 13.7% in the 4th quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer’s stock valued at $143,000 after buying an additional 87 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of DICK’S Sporting Goods by 5.9% in the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after buying an additional 55 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

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.