DICK’S Sporting Goods, Inc. (NYSE:DKS) Forecasted to Earn Q1 2025 Earnings of $2.75 Per Share

DICK’S Sporting Goods, Inc. (NYSE:DKS) – DA Davidson decreased their Q1 2025 earnings per share estimates for DICK’S Sporting Goods in a report released on Friday, April 5th. DA Davidson analyst M. Baker now anticipates that the sporting goods retailer will post earnings per share of $2.75 for the quarter, down from their prior estimate of $2.77. DA Davidson currently has a “Buy” rating and a $250.00 target price on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.41 per share.

A number of other analysts have also recently weighed in on the company. The Goldman Sachs Group increased their price target on DICK’S Sporting Goods from $157.00 to $247.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Morgan Stanley raised their price objective on DICK’S Sporting Goods from $160.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, March 15th. Stifel Nicolaus raised their price objective on DICK’S Sporting Goods from $126.00 to $215.00 and gave the stock a “hold” rating in a research note on Friday, March 15th. Barclays raised their price objective on DICK’S Sporting Goods from $194.00 to $239.00 and gave the stock an “overweight” rating in a research note on Monday, March 18th. Finally, Telsey Advisory Group raised their target price on DICK’S Sporting Goods from $160.00 to $195.00 and gave the stock an “outperform” rating in a research report on Monday, March 11th. Eleven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $205.95.

DICK’S Sporting Goods Trading Down 0.0 %

NYSE:DKS opened at $208.75 on Monday. The company has a quick ratio of 0.74, a current ratio of 1.78 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $185.67 and its two-hundred day moving average is $146.81. DICK’S Sporting Goods has a 52 week low of $100.98 and a 52 week high of $225.79. The company has a market cap of $17.06 billion, a PE ratio of 17.14, a P/E/G ratio of 2.50 and a beta of 1.58.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Thursday, March 14th. The sporting goods retailer reported $3.85 EPS for the quarter, beating analysts’ consensus estimates of $3.35 by $0.50. The firm had revenue of $3.88 billion during the quarter, compared to the consensus estimate of $3.79 billion. DICK’S Sporting Goods had a return on equity of 42.99% and a net margin of 8.06%. DICK’S Sporting Goods’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.93 earnings per share.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors have recently made changes to their positions in DKS. Victory Capital Management Inc. grew its position in DICK’S Sporting Goods by 9,735.6% during the third quarter. Victory Capital Management Inc. now owns 2,239,273 shares of the sporting goods retailer’s stock worth $243,140,000 after buying an additional 2,216,506 shares in the last quarter. Norges Bank acquired a new stake in DICK’S Sporting Goods during the fourth quarter worth about $108,908,000. BlackRock Inc. grew its position in DICK’S Sporting Goods by 12.1% during the first quarter. BlackRock Inc. now owns 5,983,808 shares of the sporting goods retailer’s stock worth $849,043,000 after buying an additional 644,609 shares in the last quarter. Barclays PLC grew its position in DICK’S Sporting Goods by 169.4% during the second quarter. Barclays PLC now owns 238,774 shares of the sporting goods retailer’s stock worth $31,564,000 after buying an additional 583,069 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in DICK’S Sporting Goods by 145.0% during the third quarter. AQR Capital Management LLC now owns 789,482 shares of the sporting goods retailer’s stock worth $85,722,000 after buying an additional 467,243 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, CEO Lauren R. Hobart sold 40,167 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $223.95, for a total transaction of $8,995,399.65. Following the transaction, the chief executive officer now directly owns 280,136 shares in the company, valued at $62,736,457.20. The transaction was disclosed in a filing with the SEC, which is available through this link. In other DICK’S Sporting Goods news, CEO Lauren R. Hobart sold 40,167 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $223.95, for a total transaction of $8,995,399.65. Following the transaction, the chief executive officer now directly owns 280,136 shares in the company, valued at $62,736,457.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Navdeep Gupta sold 16,211 shares of DICK’S Sporting Goods stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $222.00, for a total value of $3,598,842.00. Following the completion of the transaction, the chief financial officer now owns 87,628 shares in the company, valued at $19,453,416. The disclosure for this sale can be found here. Insiders have sold a total of 209,763 shares of company stock worth $46,483,438 over the last three months. Corporate insiders own 30.79% of the company’s stock.

DICK’S Sporting Goods Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Friday, March 29th will be issued a dividend of $1.10 per share. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.00. This represents a $4.40 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Wednesday, March 27th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 36.12%.

DICK’S Sporting Goods Company Profile

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as a sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.