DICK’S Sporting Goods, Inc. (NYSE:DKS) Given Average Recommendation of “Hold” by Analysts

DICK’S Sporting Goods, Inc. (NYSE:DKS) has been given a consensus recommendation of “Hold” by the twenty-four ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $235.0952.

Several brokerages have recently commented on DKS. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of DICK’S Sporting Goods in a report on Tuesday, December 23rd. BNP Paribas set a $177.00 price objective on DICK’S Sporting Goods and gave the stock an “underperform” rating in a report on Friday, September 26th. Robert W. Baird set a $226.00 target price on shares of DICK’S Sporting Goods in a report on Wednesday, November 26th. TD Cowen dropped their target price on shares of DICK’S Sporting Goods from $234.00 to $226.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Finally, Wall Street Zen downgraded shares of DICK’S Sporting Goods from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th.

DICK’S Sporting Goods Trading Down 3.8%

Shares of NYSE:DKS opened at $202.19 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 1.57. The stock has a market capitalization of $18.19 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 3.30 and a beta of 1.17. DICK’S Sporting Goods has a 1-year low of $166.37 and a 1-year high of $254.60. The company has a 50 day moving average price of $215.75 and a 200 day moving average price of $214.92.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, November 25th. The sporting goods retailer reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $2.62 by $0.16. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.45 billion. DICK’S Sporting Goods had a return on equity of 30.55% and a net margin of 6.86%.The company’s quarterly revenue was up 36.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.75 EPS. DICK’S Sporting Goods has set its FY 2025 guidance at 14.250-14.550 EPS. On average, research analysts anticipate that DICK’S Sporting Goods will post 13.89 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 12th were issued a $1.2125 dividend. The ex-dividend date was Friday, December 12th. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.4%. DICK’S Sporting Goods’s dividend payout ratio is presently 39.02%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DKS. Clearstead Advisors LLC boosted its position in DICK’S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after acquiring an additional 46 shares during the period. Root Financial Partners LLC acquired a new stake in shares of DICK’S Sporting Goods during the third quarter worth approximately $33,000. Westside Investment Management Inc. grew its position in DICK’S Sporting Goods by 100.0% during the third quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock valued at $35,000 after purchasing an additional 76 shares in the last quarter. Mather Group LLC. purchased a new position in DICK’S Sporting Goods during the third quarter valued at approximately $39,000. Finally, Atlantic Union Bankshares Corp acquired a new position in DICK’S Sporting Goods in the 2nd quarter valued at approximately $40,000. 89.83% of the stock is owned by institutional investors and hedge funds.

About DICK’S Sporting Goods

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.