DICK’S Sporting Goods, Inc. (NYSE:DKS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) have received an average recommendation of “Moderate Buy” from the nineteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $254.7059.

Several research firms have weighed in on DKS. UBS Group reiterated a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. Jefferies Financial Group lifted their target price on shares of DICK’S Sporting Goods from $210.00 to $224.00 and gave the company a “hold” rating in a research note on Wednesday, May 27th. Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Truist Financial lifted their target price on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, JPMorgan Chase & Co. raised shares of DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $240.00 to $270.00 in a research note on Thursday, May 28th.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction on Tuesday, March 31st. The shares were 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 $1,294,676,949.94. This trade represents a 3.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 shares were sold at an average price of $223.56, for a total transaction 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 trade represents a 14.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 28.91% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several institutional investors and hedge funds have recently modified their holdings of the business. Clearstead Advisors LLC lifted its stake 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 last quarter. Jacobi Capital Management LLC lifted its stake in shares of DICK’S Sporting Goods by 4.5% in the 4th quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock valued at $235,000 after purchasing an additional 51 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of DICK’S Sporting Goods by 3.9% in the 3rd quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after purchasing an additional 51 shares during the last quarter. Bath Savings Trust Co lifted its stake in shares of DICK’S Sporting Goods by 0.4% in the 4th quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock valued at $2,448,000 after purchasing an additional 53 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its stake in shares of DICK’S Sporting Goods by 0.3% in the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock valued at $3,258,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Trading Up 1.1%

NYSE DKS opened at $239.78 on Tuesday. DICK’S Sporting Goods has a twelve month low of $186.67 and a twelve month high of $244.38. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50. The stock has a market cap of $21.46 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 2.09 and a beta of 1.19. The firm’s 50 day moving average price is $224.11 and its two-hundred day moving average price is $211.47.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter in the previous year, the firm posted $3.37 earnings per share. The company’s revenue for the quarter was up 62.7% on a year-over-year basis. 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 14.23 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.1%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

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.