Zacks Research Has Negative Outlook of DKS Q1 Earnings

DICK’S Sporting Goods, Inc. (NYSE:DKS) – Stock analysts at Zacks Research cut their Q1 2026 EPS estimates for DICK’S Sporting Goods in a research note issued to investors on Tuesday, March 25th. Zacks Research analyst R. Department now forecasts that the sporting goods retailer will earn $3.21 per share for the quarter, down from their previous forecast of $3.29. 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 2026 earnings at $4.28 EPS, Q3 2026 earnings at $2.97 EPS, Q4 2026 earnings at $3.86 EPS, FY2026 earnings at $14.32 EPS, Q1 2027 earnings at $3.47 EPS, Q2 2027 earnings at $4.73 EPS, Q4 2027 earnings at $4.17 EPS, FY2027 earnings at $15.45 EPS and FY2028 earnings at $16.32 EPS.

Several other equities research analysts have also issued reports on the company. Argus upped their price target on DICK’S Sporting Goods from $255.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. Robert W. Baird dropped their target price on shares of DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating on the stock in a report on Wednesday, March 12th. TD Cowen boosted their price objective on shares of DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Citigroup reissued a “neutral” rating and issued a $220.00 target price (down previously from $230.00) on shares of DICK’S Sporting Goods in a report on Wednesday, March 12th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday, March 12th. Nine investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and an average target price of $245.50.

DICK’S Sporting Goods Trading Down 0.4 %

Shares of NYSE DKS opened at $207.16 on Thursday. 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 stock’s 50 day moving average price is $224.05 and its two-hundred day moving average price is $216.58. DICK’S Sporting Goods has a 52-week low of $182.84 and a 52-week high of $254.60. The stock has a market capitalization of $16.88 billion, a P/E ratio of 14.81, a PEG ratio of 2.47 and a beta of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last released its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.15. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The company had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter in the previous year, the firm earned $3.85 EPS. The company’s revenue was up .5% on a year-over-year basis.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in shares of DICK’S Sporting Goods by 2.2% in the 4th quarter. California State Teachers Retirement System now owns 76,354 shares of the sporting goods retailer’s stock worth $17,473,000 after purchasing an additional 1,631 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in DICK’S Sporting Goods by 11.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,688 shares of the sporting goods retailer’s stock worth $2,217,000 after buying an additional 970 shares in the last quarter. Wood Tarver Financial Group LLC acquired a new position in DICK’S Sporting Goods in the fourth quarter worth approximately $114,000. Siemens Fonds Invest GmbH bought a new position in shares of DICK’S Sporting Goods in the fourth quarter valued at $3,384,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $27,000. 89.83% of the stock is currently owned by institutional investors.

Insider Transactions at DICK’S Sporting Goods

In other news, Director Lawrence J. Schorr sold 7,333 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total value of $1,697,956.15. Following the sale, the director now owns 50,997 shares of the company’s stock, valued at approximately $11,808,355.35. The trade was a 12.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Edward W. Stack sold 160,600 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $229.25, for a total value of $36,817,550.00. Following the completion of the sale, the chairman now owns 8,362,128 shares of the company’s stock, valued at approximately $1,917,017,844. This trade represents a 1.88 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 172,933 shares of company stock valued at $39,655,456. Company insiders own 32.03% of the company’s stock.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be given a dividend of $1.2125 per share. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.34%. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Friday, March 28th. DICK’S Sporting Goods’s payout ratio is 34.54%.

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

About DICK’S Sporting Goods

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.