Zacks Research Issues Optimistic Estimate for DKS Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Research analysts at Zacks Research raised their Q1 2027 EPS estimates for DICK’S Sporting Goods in a research note issued on Thursday, March 26th. Zacks Research analyst Team now anticipates that the sporting goods retailer will post earnings per share of $3.42 for the quarter, up from their previous estimate of $3.21. 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’ Q2 2027 earnings at $4.58 EPS, Q3 2027 earnings at $2.80 EPS, FY2027 earnings at $14.76 EPS, Q1 2028 earnings at $3.70 EPS, Q2 2028 earnings at $4.89 EPS, Q3 2028 earnings at $2.98 EPS, FY2028 earnings at $15.68 EPS and FY2029 earnings at $16.38 EPS.

A number of other research analysts have also commented on DKS. Wells Fargo & Company lowered their price target on DICK’S Sporting Goods from $225.00 to $200.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Truist Financial decreased their target price on shares of DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Jefferies Financial Group reissued a “hold” rating and set a $210.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, March 12th. Morgan Stanley dropped their price target on shares of DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Finally, Robert W. Baird set a $253.00 price target on shares of DICK’S Sporting Goods in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $236.21.

DICK’S Sporting Goods Trading Up 0.1%

Shares of DKS stock opened at $189.61 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. DICK’S Sporting Goods has a 1 year low of $166.37 and a 1 year high of $237.31. The stock has a fifty day moving average of $201.54 and a two-hundred day moving average of $212.21. The firm has a market capitalization of $17.06 billion, a PE ratio of 18.55, a price-to-earnings-growth ratio of 2.69 and a beta of 1.23.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.43 by $0.02. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.06 billion. During the same period in the previous year, the firm posted $3.62 earnings per share. The business’s revenue was up 59.9% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS.

DICK’S Sporting Goods Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be given a dividend of $1.25 per share. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date is Friday, March 27th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.6%. DICK’S Sporting Goods’s payout ratio is currently 48.92%.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of hedge funds have recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at $30,000. Clearstead Advisors LLC boosted its position in shares of DICK’S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock valued at $32,000 after purchasing an additional 46 shares during the period. Root Financial Partners LLC purchased a new position in DICK’S Sporting Goods in the 3rd quarter worth about $33,000. Laurel Wealth Advisors LLC purchased a new position in DICK’S Sporting Goods in the 4th quarter worth about $34,000. Finally, Westside Investment Management Inc. raised its holdings in DICK’S Sporting Goods by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock worth $35,000 after buying an additional 76 shares during the period. 89.83% of the stock is currently 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.