DICK’S Sporting Goods (NYSE:DKS) Releases FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 11.000-12.000 for the period, compared to the consensus earnings per share estimate of 14.540. The company issued revenue guidance of $21.9 billion-$22.2 billion, compared to the consensus revenue estimate of $22.1 billion.

DICK’S Sporting Goods Stock Up 4.6%

DKS opened at $130.02 on Thursday. DICK’S Sporting Goods has a one year low of $120.40 and a one year high of $244.38. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.38 and a current ratio of 1.49. The business’s fifty day moving average is $209.22 and its two-hundred day moving average is $210.11. The company has a market cap of $11.64 billion, a price-to-earnings ratio of 13.97, a PEG ratio of 1.34 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the prior year, the firm earned $4.38 EPS. DICK’S Sporting Goods’s revenue for the quarter was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Analysts anticipate that DICK’S Sporting Goods will post 11.5 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a $1.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. DA Davidson dropped their target price on shares of DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating for the company in a research report on Wednesday. Oppenheimer dropped their target price on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday. Barclays reduced their price objective on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday. Guggenheim restated a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. Finally, The Goldman Sachs Group cut their price objective on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.06.

DICK’S Sporting Goods News Roundup

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: DICK’S legacy business grew 4.9%, indicating that its core stores continue to perform relatively well despite broader pressure in athletic footwear and apparel. The company’s quarterly dividend of $1.25 per share, equivalent to an approximately 4% annualized yield at the cited price, also provides shareholder support. DICK’S Sporting Goods’ Core Business Grows 4.9%, but Foot Locker Losses and Weak Guidance Send Shares Tumbling
• Positive Sentiment: Bank of America, DA Davidson and BTIG maintained “buy” ratings, suggesting some analysts view the selloff as excessive and see substantial recovery potential. However, all three firms sharply reduced their price targets to reflect weaker near-term fundamentals.
• Neutral Sentiment: Analyst target reductions included Bank of America to $200, DA Davidson to $205 and BTIG to $180. These targets remain above the current share price, but the cuts signal reduced confidence in the pace of recovery.
• Negative Sentiment: Second-quarter adjusted EPS of $3.53 missed consensus estimates of approximately $3.74-$3.78, while revenue of $5.59 billion fell short of the roughly $5.64 billion forecast. EPS also declined from $4.38 a year earlier. DICK’S Sporting Goods Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: Management cut fiscal 2026 EPS guidance to $11-$12 from a prior outlook near $14.54, citing promotional pressure, higher costs and weaker athleticwear demand. The Foot Locker business reported a 3.6% decline in pro forma comparable sales and forced reductions to operating-income expectations. DICK’S Sporting Shares Plunge 31% on Soft Q2 Earnings & Lower View
• Negative Sentiment: Telsey Advisory Group downgraded DKS from “strong buy” to “hold,” adding to concerns about deteriorating margins and the difficult Foot Locker integration. Several law firms have also announced investigations following the guidance reduction, creating additional headline and litigation risk. DICK’S Sporting Goods Shares Gap Down After Earnings Miss

Institutional Trading of DICK’S Sporting Goods

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in DICK’S Sporting Goods in the third quarter valued at about $48,000. Los Angeles Capital Management LLC bought a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at about $49,000. Summit Securities Group LLC bought a new stake in shares of DICK’S Sporting Goods in the fourth quarter worth $60,000. UMB Bank n.a. raised its holdings in DICK’S Sporting Goods by 13.7% during the fourth quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer’s stock worth $143,000 after acquiring an additional 87 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of DICK’S Sporting Goods by 5.9% in the fourth quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after buying an additional 55 shares during the last quarter. 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.