DICK’S Sporting Goods, Inc. (NYSE:DKS) Receives $170.22 Average Target Price from Analysts

DICK’S Sporting Goods, Inc. (NYSE:DKS) has earned an average recommendation of “Hold” from the twenty-three brokerages that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $167.2050.

Several analysts recently weighed in on DKS shares. Zacks Research downgraded DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 1st. Truist Financial downgraded DICK’S Sporting Goods from a “buy” rating to a “hold” rating and lowered their target price for the stock from $270.00 to $135.00 in a research note on Wednesday, August 26th. Guggenheim reissued a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday, August 26th. Oppenheimer reduced their price target on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 26th. Finally, Barclays decreased their price target on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, August 26th.

Insider Buying and Selling at DICK’S Sporting Goods

In related news, Director Mark J. Barrenechea acquired 17,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were bought at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the purchase, the director directly owned 25,977 shares in the company, valued at $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sandeep Mathrani purchased 1,550 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $128.89 per share, for a total transaction of $199,779.50. Following the transaction, the director directly owned 11,136 shares in the company, valued at approximately $1,435,319.04. This trade represents a 16.17% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 29,563 shares of company stock valued at $3,843,882 in the last quarter. 28.91% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently modified their holdings of DKS. Brown Advisory Inc. boosted its position in shares of DICK’S Sporting Goods by 9.6% during the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after buying an additional 100 shares during the last quarter. Cerity Partners LLC raised its position in DICK’S Sporting Goods by 54.1% in the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after buying an additional 562 shares during the last quarter. Bank of Nova Scotia bought a new position in DICK’S Sporting Goods during the 2nd quarter valued at $417,000. Daiwa Securities Group Inc. lifted its stake in DICK’S Sporting Goods by 9.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock valued at $1,182,000 after acquiring an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in DICK’S Sporting Goods by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after acquiring an additional 124 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: Traders purchased a large volume of DKS call options, indicating some investors are positioning for a potential rebound despite the recent weakness. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reminded shareholders that November 3, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering investors who purchased DKS shares between September 8, 2025 and August 24, 2026. These notices repeat the same lawsuit and do not represent new operating developments. ROSEN securities class action notice
• Negative Sentiment: The securities lawsuit alleges that DICK’S and certain executives violated federal securities laws in connection with statements about the Foot Locker integration. Investor alerts say the case followed an August guidance cut that was associated with a reported $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, reputational and potential financial risks. DKS shareholder alert and class action details
• Negative Sentiment: Zacks Research lowered its EPS forecasts across fiscal 2027 through fiscal 2029, including fiscal 2027 EPS from $14.10 to $11.49 and fiscal 2028 EPS from $16.26 to $13.43. Zacks maintains a “Strong Sell” rating, reinforcing concerns about DICK’S longer-term earnings outlook.
• Negative Sentiment: The pressure follows DICK’S latest quarterly results, which missed analysts’ EPS and revenue expectations, while quarterly EPS declined year over year despite revenue growth driven partly by the Foot Locker acquisition.

DICK’S Sporting Goods Stock Performance

Shares of DKS opened at $133.30 on Friday. The business has a 50-day simple moving average of $187.46 and a two-hundred day simple moving average of $204.87. The stock has a market cap of $11.93 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 1.55 and a beta of 1.11. DICK’S Sporting Goods has a 52 week low of $120.40 and a 52 week high of $244.38. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the business earned $4.38 earnings per share. The firm’s revenue for the quarter was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts expect that DICK’S Sporting Goods will post 11.7 EPS for the current year.

DICK’S Sporting Goods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders 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 3.8%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.

The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.