DICK’S Sporting Goods, Inc. (NYSE:DKS) Receives $253.89 Consensus Price Target from Analysts

DICK’S Sporting Goods, Inc. (NYSE:DKS) has earned an average rating of “Moderate Buy” from the twenty research firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $253.8889.

A number of equities analysts have commented on DKS shares. Telsey Advisory Group lifted their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. Barclays lifted their target price on DICK’S Sporting Goods from $264.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Robert W. Baird set a $264.00 target price on DICK’S Sporting Goods in a report on Thursday, May 28th. Finally, DA Davidson reissued a “buy” rating and set a $260.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, May 28th.

DICK’S Sporting Goods Trading Down 2.8%

DKS stock opened at $217.95 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. The company has a fifty day moving average price of $215.76 and a two-hundred day moving average price of $209.74. DICK’S Sporting Goods has a one year low of $170.73 and a one year high of $237.75. The stock has a market cap of $19.41 billion, a price-to-earnings ratio of 20.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period last year, the firm earned $3.37 earnings per share. The company’s revenue for the quarter was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities analysts anticipate that DICK’S Sporting Goods will post 14.24 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Insiders Place Their Bets

In other news, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman owned 6,549,026 shares of the company’s stock, valued at approximately $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods stock in a transaction on Friday, April 17th. The stock was sold at an average price of $223.56, for a total value of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at $5,534,674.92. This represents a 14.33% decrease in their position. The SEC filing for this sale provides additional information. 28.91% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently modified their holdings of DKS. Brown Advisory Inc. lifted its holdings in shares of DICK’S Sporting Goods by 9.6% during the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after buying an additional 100 shares in the last quarter. Cerity Partners LLC raised its stake in DICK’S Sporting Goods by 54.1% in the second quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after purchasing an additional 562 shares in the last quarter. Bank of Nova Scotia acquired a new position in DICK’S Sporting Goods in the second quarter valued at about $417,000. Daiwa Securities Group Inc. raised its stake in DICK’S Sporting Goods by 9.8% in the second quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock valued at $1,182,000 after purchasing an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in DICK’S Sporting Goods by 4.4% in the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

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.