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

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 11.000-12.000 for the period, compared to the consensus earnings per share estimate of 14.540. The company issued revenue guidance of $21.9 billion-$22.2 billion, compared to the consensus revenue estimate of $22.1 billion.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Telsey Advisory Group downgraded DICK’S Sporting Goods from an “outperform” rating to a “market perform” rating in a report on Wednesday. Barclays reaffirmed an “overweight” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. JPMorgan Chase & Co. decreased their target price on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday. Truist Financial raised their target price on DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of DICK’S Sporting Goods in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $243.65.

DICK’S Sporting Goods Trading Down 30.7%

DICK’S Sporting Goods stock opened at $124.31 on Wednesday. DICK’S Sporting Goods has a 12 month low of $124.00 and a 12 month high of $244.38. The company has a market capitalization of $11.13 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 1.56 and a beta of 1.21. The business’s fifty day simple moving average is $211.11 and its two-hundred day simple moving average is $210.64. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.22). The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. DICK’S Sporting Goods’s revenue was up 53.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities analysts predict that DICK’S Sporting Goods will post 14.24 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

DICK’S Sporting Goods News Summary

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: DICK’S core business remained resilient, delivering 4.9% comparable-sales growth through broad-based category gains, higher transactions and average ticket, and benefits from 2026 FIFA World Cup demand. Management maintained its 2026 comparable-sales outlook for the legacy DICK’S business at 2.5% to 4.0%. DICK’S Sporting Goods Second Quarter Results
• Positive Sentiment: The company maintained its quarterly dividend of $1.25 per share, supporting an annualized yield of approximately 4% based on the provided stock price. DICK’S Sporting Goods Dividend Announcement
• Positive Sentiment: Some analysts and market commentators view the selloff as potentially creating a more attractive long-term entry point because the core DICK’S business is still growing and the company retains a “Moderate Buy” consensus. JPMorgan lowered its price target to $245 but retained an Overweight rating. DICK’S Faces Pain Now for a Bigger Prize
• Neutral Sentiment: Unusually high options activity, including a sharp increase in call-option volume, indicates elevated trading interest and volatility but does not establish a clear directional outlook. Unusually High Options Trading
• Negative Sentiment: Second-quarter adjusted EPS was $3.53 versus the $3.75 consensus estimate, while revenue of $5.59 billion also missed expectations of $5.64 billion. EPS fell from $4.38 a year earlier despite revenue increasing 53.2%, partly reflecting 9.6 million shares issued for the Foot Locker acquisition. DICK’S Misses Revenue Expectations
• Negative Sentiment: Foot Locker’s pro forma comparable sales fell 3.6%. Increased promotional activity and discounting in athletic footwear pressured margins and made the $2.4 billion acquisition appear more difficult to integrate than investors expected. Core Business Grows but Foot Locker Losses Weigh
• Negative Sentiment: DICK’S cut fiscal 2026 EPS guidance to $11.00–$12.00 from a level near analyst expectations of approximately $14.54, and lowered operating-income expectations for both businesses. The Foot Locker comparable-sales outlook was reduced to negative 2.0% to 0.0%, citing a challenging athletic marketplace. DICK’S Cuts Annual Forecasts
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the stock’s collapse. These announcements are generally reactive and do not represent findings of wrongdoing, but they add reputational and litigation overhang. DKS Securities Investigation Notice

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of hedge funds have recently added to or reduced their stakes in the company. Jacobi Capital Management LLC lifted its stake in shares of DICK’S Sporting Goods by 4.5% in the 4th quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after purchasing an additional 51 shares during the period. UniSuper Management Pty Ltd grew its position in DICK’S Sporting Goods by 40.0% during the fourth quarter. UniSuper Management Pty Ltd now owns 1,400 shares of the sporting goods retailer’s stock valued at $277,000 after buying an additional 400 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in DICK’S Sporting Goods during the third quarter valued at approximately $258,000. NorthRock Partners LLC purchased a new stake in DICK’S Sporting Goods during the third quarter valued at approximately $246,000. Finally, Kestra Investment Management LLC raised its position in DICK’S Sporting Goods by 27,760.0% in the second quarter. Kestra Investment Management LLC now owns 1,393 shares of the sporting goods retailer’s stock worth $276,000 after acquiring an additional 1,388 shares during the period. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

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.