DICK’S Sporting Goods (NYSE:DKS) Director William Colombo Purchases 913 Shares of Stock

DICK’S Sporting Goods, Inc. (NYSE:DKSGet Free Report) Director William Colombo purchased 913 shares of DICK’S Sporting Goods stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average price of $133.19 per share, for a total transaction of $121,602.47. Following the completion of the transaction, the director owned 181,000 shares in the company, valued at approximately $24,107,390. The trade was a 0.51% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

DICK’S Sporting Goods Price Performance

DKS opened at $137.33 on Thursday. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average price is $199.13 and its 200 day moving average price is $207.70. DICK’S Sporting Goods, Inc. has a fifty-two week low of $120.40 and a fifty-two week high of $244.38. The firm has a market cap of $12.29 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.12.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The firm’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts expect that DICK’S Sporting Goods, Inc. will post 11.73 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors 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 dividend yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 53.71%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday, August 24th. Weiss Ratings lowered shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. DA Davidson cut their price target on DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Oppenheimer decreased their price objective on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, August 26th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $170.22.

Get Our Latest Report on DKS

Institutional Trading of DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently bought and sold shares of DKS. Brown Financial Advisors bought a new stake in DICK’S Sporting Goods during the second quarter valued at $201,000. HighTower Advisors LLC raised its position in DICK’S Sporting Goods by 34.7% in the 2nd quarter. HighTower Advisors LLC now owns 275,886 shares of the sporting goods retailer’s stock valued at $62,574,000 after buying an additional 71,001 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of DICK’S Sporting Goods by 20,961.0% in the 2nd quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock worth $3,601,355,000 after buying an additional 15,802,896 shares during the last quarter. Alan B Lancz & Associates Inc. bought a new stake in DICK’S Sporting Goods in the second quarter worth about $227,000. Finally, HB Wealth Management LLC raised its stake in DICK’S Sporting Goods by 24.8% in the 2nd quarter. HB Wealth Management LLC now owns 2,064 shares of the sporting goods retailer’s stock valued at $468,000 after acquiring an additional 410 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Key DICK’S Sporting Goods News

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

DICK’S Sporting Goods Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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