DICK’S Sporting Goods (NYSE:DKS) Downgraded by Telsey Advisory Group to “Hold”

Telsey Advisory Group downgraded shares of DICK’S Sporting Goods (NYSE:DKS) from a strong-buy rating to a hold rating in a research report released on Wednesday morning,Zacks.com reports.

Several other research firms also recently commented on DKS. Robert W. Baird dropped their target price on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday. KGI Securities downgraded DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target for the company. in a report on Wednesday. UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. BTIG Research dropped their price target on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, DA Davidson cut their price objective on shares of DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating on the stock in a research report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, DICK’S Sporting Goods presently has an average rating of “Moderate Buy” and a consensus price target of $180.06.

DICK’S Sporting Goods Price Performance

DKS stock opened at $130.02 on Wednesday. The firm has a 50 day moving average price of $209.22 and a 200-day moving average price of $210.11. DICK’S Sporting Goods has a 52-week low of $120.40 and a 52-week high of $244.38. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of 13.97, a PEG ratio of 1.34 and a beta of 1.21. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.38 and a current ratio of 1.49.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The company had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Equities research analysts forecast that DICK’S Sporting Goods will post 11.5 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of DICK’S Sporting Goods in the 2nd quarter worth $18,448,000. State of Wyoming purchased a new stake in DICK’S Sporting Goods during the second quarter valued at $1,348,000. Financial Synergies Wealth Advisors Inc. bought a new position in DICK’S Sporting Goods in the fourth quarter valued at about $1,446,000. Principal Financial Group Inc. boosted its position in DICK’S Sporting Goods by 56.3% in the fourth quarter. Principal Financial Group Inc. now owns 503,077 shares of the sporting goods retailer’s stock worth $99,597,000 after purchasing an additional 181,223 shares during the last quarter. Finally, Norges Bank purchased a new position in DICK’S Sporting Goods in the fourth quarter worth about $192,639,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: Analysts continue to view the selloff as an opportunity: Bank of America, DA Davidson and BTIG all maintained Buy ratings while lowering their price targets to $200, $205 and $180, respectively. These targets imply substantial potential upside from current levels. Analyst price-target updates
• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management retained its comparable-sales outlook for the DICK’S business. DICK’S second-quarter results
• Positive Sentiment: DICK’S declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11, supporting the stock’s income appeal. DICK’S dividend announcement
• Neutral Sentiment: Unusually high options activity and commentary that sellers may have capitulated suggest elevated trading interest and the possibility of a technical bounce, but also indicate unusually high volatility. DICK’S options activity
• Negative Sentiment: Second-quarter adjusted EPS of $3.53 and revenue of $5.59 billion missed consensus estimates, while EPS declined from $4.38 a year earlier. DICK’S earnings miss
• Negative Sentiment: Foot Locker comparable sales fell 3.6% as athletic footwear became more promotional. Higher discounts, integration costs and other expenses led management to cut operating-income expectations for both businesses and reduce fiscal 2026 EPS guidance to $11-$12, well below analyst expectations. DICK’S guidance reduction
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the guidance reduction and stock collapse. These notices may add reputational and legal overhang, although no wrongdoing has been established. DICK’S investor investigation notice

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.