DICK’S Sporting Goods (NYSE:DKS) Downgraded by Zacks Research to Strong Sell

Zacks Research cut shares of DICK’S Sporting Goods (NYSE:DKS) from a hold rating to a strong sell rating in a report released on Tuesday morning,Zacks reports.

A number of other research analysts have also recently commented on DKS. Citigroup lowered their target price on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday, August 27th. Loop Capital reissued a “hold” rating and set a $140.00 price objective on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. BNP Paribas Exane reiterated an “underperform” rating and issued a $99.00 price target on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, DICK’S Sporting Goods presently has an average rating of “Hold” and an average target price of $170.22.

DICK’S Sporting Goods Trading Up 3.3%

Shares of DKS opened at $137.33 on Tuesday. DICK’S Sporting Goods has a 1-year low of $120.40 and a 1-year high of $244.38. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The firm’s 50-day moving average price is $199.13 and its 200-day moving average price is $207.70. The firm has a market capitalization of $12.29 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 1.54 and a beta of 1.12.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (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%.DICK’S Sporting Goods’s quarterly revenue was up 53.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Sell-side analysts anticipate that DICK’S Sporting Goods will post 11.73 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is currently 53.71%.

Insider Activity

In other news, Director Robert W. Eddy acquired 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average cost of $128.69 per share, with a total value of $514,760.00. Following the transaction, the director owned 10,886 shares of the company’s stock, valued at $1,400,919.34. This trade represents a 58.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sandeep Mathrani acquired 1,550 shares of DICK’S Sporting Goods stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of $128.89 per share, with a total value of $199,779.50. Following the completion of the purchase, the director owned 11,136 shares in the company, valued at $1,435,319.04. This represents a 16.17% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 29,563 shares of company stock worth $3,843,882. 28.91% of the stock is currently owned by company insiders.

Institutional Trading of DICK’S Sporting Goods

Several institutional investors have recently added to or reduced their stakes in DKS. Jacobi Capital Management LLC raised its stake in shares of DICK’S Sporting Goods by 4.5% in the fourth 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 last quarter. Lido Advisors LLC increased its holdings in DICK’S Sporting Goods by 3.9% in the 3rd quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock worth $302,000 after buying an additional 51 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in DICK’S Sporting Goods by 2.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock worth $453,000 after buying an additional 54 shares in the last quarter. PCB Capital LLC boosted its holdings in shares of DICK’S Sporting Goods by 1.5% during the 1st quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after acquiring an additional 55 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of DICK’S Sporting Goods by 5.9% during the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after acquiring an additional 55 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Four DICK’S directors reportedly purchased approximately $3.7 million of stock after the recent decline, signaling that insiders view the lower share price as attractive. Director William J. Colombo separately bought 913 shares for about $121,600, increasing his position to 181,000 shares. Dick’s Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge SEC insider transaction filing
• Neutral Sentiment: Valuation-focused coverage highlights that DKS has fallen substantially and now offers a dividend yield near 4%, but argues investors should wait because earnings and integration risks remain unresolved. DICK’S Sporting Goods: Crashed 31% And Now Yielding Near 4%
• Negative Sentiment: Recent earnings showed weaker-than-expected results, while management reduced its consolidated non-GAAP operating-profit outlook and Foot Locker comparable-sales projections. Coverage says the Foot Locker integration is obscuring otherwise stronger core business performance. DICK’S Sporting Goods Securities Investigation Notice DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
• Negative Sentiment: Several law firms, including Kirby McInerney, Bragar Eagel & Squire, Kaplan Fox, Levi & Korsinsky, Bleichmar Fonti & Auld and Pomerantz, announced investigations into potential securities-law violations. The inquiries center on whether DICK’S adequately disclosed Foot Locker-related inventory, discounting and profit pressures. These announcements are largely investor-solicitation notices and do not establish wrongdoing, but they add legal and reputational overhang. DKS Shareholder Alert Kaplan Fox Investigation

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.