Equities Analysts Offer Predictions for DKS Q2 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) – Equities researchers at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for DICK’S Sporting Goods in a note issued to investors on Wednesday, June 11th. Zacks Research analyst R. Department now forecasts that the sporting goods retailer will post earnings of $4.27 per share for the quarter, down from their previous estimate of $4.28. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.89 per share. Zacks Research also issued estimates for DICK’S Sporting Goods’ Q1 2027 earnings at $3.63 EPS, Q3 2027 earnings at $3.08 EPS, Q4 2027 earnings at $4.13 EPS, FY2027 earnings at $15.40 EPS, Q1 2028 earnings at $3.69 EPS and FY2028 earnings at $16.14 EPS.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last released its earnings results on Wednesday, May 28th. The sporting goods retailer reported $3.37 earnings per share for the quarter, meeting the consensus estimate of $3.37. DICK’S Sporting Goods had a return on equity of 42.00% and a net margin of 8.65%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion.

A number of other brokerages also recently issued reports on DKS. Stifel Nicolaus decreased their price objective on DICK’S Sporting Goods from $226.00 to $192.00 and set a “hold” rating on the stock in a research report on Thursday, April 10th. Telsey Advisory Group reissued an “outperform” rating and issued a $220.00 price objective on shares of DICK’S Sporting Goods in a research note on Wednesday, May 28th. Gordon Haskett lowered DICK’S Sporting Goods from a “buy” rating to a “reduce” rating and set a $170.00 target price for the company. in a report on Friday, May 16th. Wedbush restated a “neutral” rating and set a $215.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday, March 12th. Finally, Wells Fargo & Company increased their price objective on DICK’S Sporting Goods from $171.00 to $187.00 and gave the company an “equal weight” rating in a report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Hold” and an average target price of $220.11.

View Our Latest Stock Report on DICK’S Sporting Goods

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $176.38 on Friday. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $14.09 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 2.47 and a beta of 1.07. DICK’S Sporting Goods has a 52 week low of $166.37 and a 52 week high of $254.60. The stock’s 50-day simple moving average is $184.82 and its 200-day simple moving average is $208.25.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several institutional investors have recently bought and sold shares of DKS. Park Square Financial Group LLC acquired a new stake in DICK’S Sporting Goods in the 4th quarter worth about $27,000. Ancora Advisors LLC purchased a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $28,000. Rialto Wealth Management LLC purchased a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $30,000. Bessemer Group Inc. lifted its stake in DICK’S Sporting Goods by 108.6% in the 4th quarter. Bessemer Group Inc. now owns 146 shares of the sporting goods retailer’s stock worth $33,000 after purchasing an additional 76 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in DICK’S Sporting Goods by 54.1% in the 1st quarter. Private Trust Co. NA now owns 188 shares of the sporting goods retailer’s stock worth $38,000 after purchasing an additional 66 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods declared that its board has authorized a share buyback program on Tuesday, March 11th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the sporting goods retailer to purchase up to 18.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

DICK’S Sporting Goods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $1.2125 dividend. This represents a $4.85 annualized dividend and a yield of 2.75%. The ex-dividend date is Friday, June 13th. DICK’S Sporting Goods’s payout ratio is 34.69%.

DICK’S Sporting Goods Company Profile

(Get Free Report)

Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.

Further Reading

Earnings History and Estimates for DICK'S Sporting Goods (NYSE:DKS)

Receive News & Ratings for DICK'S Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DICK'S Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.